Oklo , a U.S. company hoping to build micro nuclear power plants, said on Wednesday the energy logistics agency of the Defense Department has issued a notice of intent to award a power purchase agreement for a pilot reactor.

The deal, still subject to permitting, would allow Oklo to build and operate its Aurora powerhouse reactor at Eielson Air Force Base. The company will design, own, and run the facility once approved.

Shares of nuclear energy startup Oklo set a record intraday high on Wednesday after the company announced it has been selected as the tentative recipient of a 'mission-critical' contract to provide nuclear energy to a U.