Crowell & Moring Represents Nuclear Energy Startup Atomic Alchemy in its Acquisition by Oklo
Firm News | 1 min read | 03.11.25
March 11, 2025: Oklo Inc. (NYSE: OKLO), an advanced nuclear technology company, announced on March 5, 2025 that it has closed the $25 million acquisition of Crowell client Atomic Alchemy Inc. (“Atomic Alchemy”), a leading innovator in radioisotope production. Oklo intends to use this strategic acquisition to establish a more reliable domestic supply chain for high-value radioisotopes critical to healthcare, research, and defense sectors and provides synergies to Oklo’s fuel recycling and nuclear energy businesses. Demand for radioisotopes is expected to increase significantly over the next decade, while global supply struggles to keep pace due to aging reactor infrastructure and a fragmented global supply chain, which at present is dominated by countries outside the United States. Atomic Alchemy intends to be a low-cost U.S. radioisotope producer that can provide a secure and domestic supply of radioisotopes to U.S. companies commercializing innovative radioisotope applications. With its proprietary VIPR® technology, Atomic Alchemy is building the first scalable production facility to provide a reliable, sustainable source of high-value radioisotopes. Using a vertically integrated model and fuel recycling, in partnership with Oklo, Atomic Alchemy is transforming isotope production to address global shortages, support critical applications, and strengthen national security. The core deal team included Samuel Holland Edwards, Jon O’Connell, Justin Lurie, and Ryan Flynn.
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Firm News | 2 min read | 08.22.25
New York – August 22, 2025: Crowell & Moring lawyers Randa Adra, Joshua Lindsay, Edmund Northcott, and Evelien Van Espen authored a chapter in the sixth edition of Global Arbitration Review’s The Guide to Construction Arbitration. Their chapter explores the allocation of risk in construction contracts, including covering issues like cost overruns, design errors, unforeseen conditions, and delays.
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