Latest news with #NuclearEnergySummit
Business Upturn
2 days ago
- Business
- Business Upturn
Lightbridge to Participate in Nuclear Energy Summit in Zurich, Switzerland
By GlobeNewswire Published on June 24, 2025, 01:05 IST RESTON, Va., June 23, 2025 (GLOBE NEWSWIRE) — Lightbridge Corporation (Nasdaq: LTBR), a leader in advanced nuclear fuel technology, today announced that Seth Grae, President & Chief Executive Officer, will participate as a panelist at the Nuclear Energy Summit taking place on Friday, June 27, 2025, at The Dolder Grand in Zurich, Switzerland. The Nuclear Energy Summit, hosted by Arnova Capital AG, brings together leading industry executives, policymakers, and investors to discuss the latest developments in nuclear energy technology, uranium production, reactor development, and investment opportunities in the nuclear sector. Mr. Grae will participate in two panel discussions during the summit. He will join 'The Fuel: Uranium Production and Refinement' panel, moderated by Pendo S. Löfgren, Co-Founder of Arnova Capital AG, and 'The Future of Nuclear Energy' panel, moderated by Roger Köppel, Editor-in-Chief of Weltwoche, Switzerland. For more information about the Nuclear Energy Summit, visit About Lightbridge Corporation Lightbridge Corporation (NASDAQ: LTBR) is focused on developing advanced nuclear fuel technology essential for delivering abundant, zero-emission, clean energy and providing energy security to the world. The Company is developing Lightbridge Fuel™, a proprietary next-generation nuclear fuel technology for existing light water reactors and pressurized heavy water reactors, significantly enhancing reactor safety, economics, and proliferation resistance. The Company is also developing Lightbridge Fuel for new small modular reactors (SMRs) to bring the same benefits plus load-following with renewables on a zero-carbon electric grid. Lightbridge has entered into two long-term framework agreements with Battelle Energy Alliance LLC, the United States Department of Energy's operating contractor for Idaho National Laboratory, the United States' lead nuclear energy research and development laboratory. DOE's Gateway for Accelerated Innovation in Nuclear program has twice awarded Lightbridge to support the development of Lightbridge Fuel over the past several years. Lightbridge is participating in two university-led studies through the DOE Nuclear Energy University Program at Massachusetts Institute of Technology and Texas A&M University. An extensive worldwide patent portfolio backs Lightbridge's innovative fuel technology. Lightbridge is included in the Russell Microcap® Index. For more information, please visit To receive Lightbridge Corporation updates via e-mail, subscribe at Lightbridge is on YouTube. Subscribe to access past demonstrations, interviews, and other video content at Lightbridge is on X (formerly Twitter). Sign up to follow @LightbridgeCorp at . Forward Looking Statements With the exception of historical matters, the matters discussed herein are forward-looking statements. These statements are based on current expectations on the date of this news release and involve a number of risks and uncertainties that may cause actual results to differ significantly from such estimates. The risks include, but are not limited to: Lightbridge's ability to commercialize its nuclear fuel technology; the degree of market adoption of Lightbridge's product and service offerings; Lightbridge's ability to fund general corporate overhead and outside research and development costs; market competition; our ability to attract and retain qualified employees; dependence on strategic partners; demand for fuel for nuclear reactors; Lightbridge's ability to manage its business effectively in a rapidly evolving market; the availability of nuclear test reactors and the risks associated with unexpected changes in Lightbridge's fuel development timeline; the increased costs associated with metallization of Lightbridge's nuclear fuel; public perception of nuclear energy generally; changes in the political environment; risks associated with war in Europe; changes in the laws, rules and regulations governing Lightbridge's business; development and utilization of, and challenges to, Lightbridge's intellectual property; risks associated with potential shareholder activism; potential and contingent liabilities; as well as other factors described in Lightbridge's filings with the Securities and Exchange Commission (the 'SEC'). Lightbridge does not assume any obligation to update or revise any such forward-looking statements, whether as the result of new developments or otherwise, except as required by law. Readers are cautioned not to put undue reliance on forward-looking statements. A further description of risks and uncertainties can be found in Lightbridge's Annual Report on Form 10-K for the fiscal year ended December 31, 2024, and in its other filings with the SEC, including in the sections thereof captioned 'Risk Factors' and 'Forward-Looking Statements', all of which are available at and . Investor Relations Contact: Matthew Abenante, IRC Director of Investor Relations Tel: +1 (347) 947-2093 [email protected] Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.
Yahoo
11-06-2025
- Business
- Yahoo
Opinion: America can't afford to hesitate on nuclear energy
In 1955, a small city in the American West became the first in the world to be powered entirely by nuclear energy. It marked the dawn of a new technological era — when America built boldly and led decisively. Today, as new demand strains the grid and global energy competition intensifies, the West is once again positioned to do something historic: not just power cities, but ignite a new era of American prosperity and security. In the decades that followed, the United States built more than 100 commercial nuclear reactors, most of them before 1990. It was a time of American acceleration, with some speculating that electricity could soon become 'too cheap to meter.' The rest of the world took notice. France launched a sweeping national effort to replicate that momentum. Today, nuclear provides roughly 70% of France's electricity. But then, we hesitated. A combination of regulatory overreach, shifting public sentiment and political inertia brought new development nearly to a standstill. Well-documented setbacks fueled skepticism, while permitting processes stretched into decades. Our industrial muscle atrophied as we began to treat innovation as risk rather than opportunity. Somewhere along the way, we forgot how to build. But the tide is turning. Between 2019 and 2024, American support for nuclear energy rose by 18 percentage points. A recent poll found that nearly 80% of first-time and Gen Z voters support next-generation nuclear technologies as a complement to renewables. In Utah, where I serve as governor, polling shows similarly broad support for advanced nuclear energy. That support isn't surprising. Existing nuclear plants are among the safest, cleanest and most efficient sources of power ever built. Advanced nuclear builds on this legacy, offering smaller footprints, faster deployment and even broader use cases. Utah isn't just focused on building advanced nuclear reactors, but all energy types that can help us meet our goals. Through my administration's initiative, Operation Gigawatt, we're moving to double our state's energy capacity over the next 10 years and build out our energy ecosystem to meet the needs of the future. This is a strategic imperative. We don't believe in just an 'all-of-the-above' energy strategy — we believe in a more-of-the-above strategy. If it's reliable, clean and scalable, we're building it. That's why at Utah's recent Nuclear Energy Summit, I joined Wyoming Governor Mark Gordon and Idaho Governor Brad Little in signing a tri-state MOU to pursue regional collaboration in energy policy, infrastructure development and regulatory strategy. We're also building an ecosystem to support advanced nuclear. Our new Nuclear Energy Consortium — created in partnership with state lawmakers — will bring together private industry, investors and policymakers to guide development. We're also designating energy development zones and creating policies to attract capital without raising costs for ratepayers. This is a model other states can follow. This work is urgent. AI is already driving explosive growth in computing power, with hyperscale data centers demanding round-the-clock electricity. But that's just one piece of a much larger challenge: how do we keep the lights on, keep rates affordable and build a grid resilient enough to withstand heatwaves, storms and cyber threats? Solving that challenge is essential for Utah families and businesses — today and for generations to come. Because at the core of every strong economy is reliable energy. As we reshore advanced manufacturing and electrify major sectors of our economy — from transportation to housing — the demands on our grid will only grow. The future we're building won't run on gigawatts — it will require terawatts. In May, President Trump signed four executive orders to 'usher in a nuclear renaissance.' These orders provide steps to streamline permitting, support domestic enrichment and prioritize advanced reactor deployment. The economic case is compelling, with nuclear power offering unmatched reliability and energy density. At the announcement, Jake DeWitte, CEO of advanced nuclear firm Oklo, underscored that point with a simple visual: 'A golf ball of uranium metal has enough energy content in it to power your entire life's energy needs.' That's the kind of efficiency we'll need to power the next chapter of American prosperity. But this isn't just about economics. It's also about national security. At the same White House event, General Matter CEO Scott Nolan pointed to a dangerous vulnerability: 'Right now the U.S. is completely dependent on other countries for enrichment.' He's right. Roughly 25% of the enriched uranium used in U.S. reactors today comes from Russia. That dependency is unacceptable. As we bring dozens of new advanced reactors online in the coming years, we must ensure we're not relying on adversaries to fuel them. More than just building reactors, meeting this moment demands a full-scale commitment to the nuclear supply chain, from mining and enrichment to manufacturing and waste handling. It also requires modernizing our permitting systems so that well-designed projects don't languish for years under bureaucratic delay. We've done this before. In less than three decades, America once brought more than 100 nuclear reactors online. We know how to build when we decide it matters. And if we care about energy security, economic growth and global competitiveness, we'll do it again. The American West powered the world's first nuclear city. This time, we have a chance to power something even greater: a nuclear renaissance. Utah is ready to lead. I invite utility executives, policymakers and local leaders everywhere to join us. Now is the time to build.
