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Business Wire
6 days ago
- Business
- Business Wire
Oklo and Lightbridge to Evaluate Additional Co-Location Opportunities for Manufacturing Advanced Fuels from Legacy Materials
BUSINESS WIRE)--Oklo Inc. (NYSE: OKLO), an advanced nuclear technology company, and Lightbridge Corporation (NASDAQ: LTBR), a leading developer of advanced nuclear fuel, today announced a strategic collaboration to explore the potential co-location of a Lightbridge fuel fabrication facility within Oklo's planned advanced fuel manufacturing facility. This work is under a memorandum of understanding (MOU) that was signed earlier this year. Oklo and Lightbridge are jointly assessing the feasibility of commercial-scale fuel fabrication within Oklo's planned fuel manufacturing infrastructure. Consistent with the objectives of the MOU, this initiative aims to accelerate the commercialization of advanced nuclear fuels through joint fuel fabrication and research and development, including manufacturing fuel using repurposed plutonium from legacy materials. This announcement follows a series of executive orders issued by the White House in May 2025 that prioritize the acceleration of U.S. nuclear energy deployment. Among the directives was a call for the Secretary of Energy to establish a program to process surplus plutonium and make it available for advanced reactor fuel. The proposed co-located facility would support the production of advanced fuels for both fast reactors and light water reactors, reinforcing both companies' commitment to U.S. leadership in advanced nuclear fuel manufacturing and recycling. The collaboration underscores a shared vision for strengthening domestic energy security, supporting advanced reactor deployment, improving the performance of existing light water reactors, and enhancing the resilience of the nuclear fuel supply chain. 'We're building the infrastructure to help fuel new nuclear development and deployment,' said Jacob DeWitte, Co-Founder and CEO of Oklo. 'This collaboration supports our efforts to bolster near- and mid-term advanced reactor fuel supplies with legacy materials such as down-blended uranium and repurposed plutonium. It directly aligns with strong federal direction supporting domestic fuel independence.' In addition to commercial fuel production, the co-located site would serve as a joint R&D hub for advanced fuel development. These capabilities align with emerging federal policy and represent a critical step toward building a robust commercial supply chain for next-generation nuclear technologies. 'This joint effort reflects a shared vision for a modern nuclear fuel cycle—one that supports both existing and advanced reactors and strengthens America's energy resilience,' said Seth Grae, President and CEO of Lightbridge Corporation. 'Together, we're working toward a new era of U.S.-led nuclear innovation.' About Oklo Inc.: Oklo Inc. is developing fast fission power plants to deliver clean, reliable, and affordable energy at scale, establishing a domestic supply chain for critical radioisotopes, and advancing nuclear fuel recycling to convert nuclear waste into clean energy. Oklo was the first to receive a site use permit from the U.S. Department of Energy for a commercial advanced fission plant, was awarded fuel from Idaho National Laboratory, and submitted the first custom combined license application for an advanced reactor to the U.S. Nuclear Regulatory Commission. Oklo is also developing advanced fuel recycling technologies in collaboration with the U.S. Department of Energy and national laboratories. 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. Lightbridge 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. Lightbridge 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 Lightbridge is on X (formerly Twitter). Sign up to follow @LightbridgeCorp at Forward-Looking Statements This press release includes statements that express Oklo's opinions, expectations, objectives, beliefs, plans, intentions, strategies, assumptions, forecasts or projections regarding future events or future results and therefore are, or may be deemed to be, 'forward-looking statements.' The words 'anticipate,' 'believe,' 'continue,' 'could,' 'estimate,' 'expect,' 'intends,' 'may,' 'might,' 'plan,' 'possible,' 'potential,' 'predict,' 'project,' 'should,' 'would' or, in each case, their negative or other variations or comparable terminology, and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements include all matters that are not historical facts. They appear in a number of places throughout this press release and include statements regarding our intentions, beliefs or current expectations concerning, among other things, results of operations, financial condition, liquidity, prospects, growth, strategies and the markets in which Oklo operates. Such forward-looking statements are based on information available as of the date of this press release, and current expectations, forecasts and assumptions, and involve a number of judgments, risks and uncertainties. As a result of a number of known and unknown risks and uncertainties, the actual results or performance of Oklo may be materially different from those expressed or implied by these forward-looking statements. The following important risk factors could affect Oklo's future results and cause those results or other outcomes to differ materially from those expressed or implied in the forward-looking statements: risks related to the deployment of Oklo's powerhouses; the risk that Oklo is pursuing an emerging market, with no commercial project operating, regulatory uncertainties; the potential need for financing to construct plants, market, financial, political and legal conditions; the effects of competition; risks related to the availability of fuel, including high-assay low-enriched uranium ('HALEU'), plutonium, and recycled fuels; changes in applicable laws or regulations; and the outcome of any government and regulatory proceedings and investigations and inquiries. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties of the other documents filed by Oklo from time to time with the U.S. Securities and Exchange Commission. The forward-looking statements contained in this press release and in any document incorporated by reference are based on current expectations and beliefs concerning future developments and their potential effects on Oklo. There can be no assurance that future developments affecting Oklo will be those that Oklo has anticipated. Oklo undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws.
Business Upturn
23-06-2025
- 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.
Globe and Mail
23-06-2025
- Business
- Globe and Mail
Lightbridge to Participate in Nuclear Energy Summit in Zurich, Switzerland
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 ir@
Yahoo
03-06-2025
- Business
- Yahoo
Lightbridge Expects to Benefit from Advanced Expedited Testing Method in its Planned Irradiation Testing in the Advanced Test Reactor
RESTON, Va., June 03, 2025 (GLOBE NEWSWIRE) -- Lightbridge Corporation (Nasdaq: LTBR), a leader in advanced nuclear fuel technology, today announced it expects to benefit from a groundbreaking testing method developed by Idaho National Laboratory (INL), known as the Fission Accelerated Steady-state Test (FAST). This pioneering method utilizes increased enrichment levels to expedite the irradiation testing of fuel samples in the Advanced Test Reactor (ATR). Use of Highly Enriched Uranium (HEU) in private sector fuel testing is exceedingly rare. HEU, defined as uranium enriched to 20% or more uranium-235, is tightly controlled and legally accessible only through government-operated facilities. The enrichments in the 26-30% range for each set of Lightbridge coupon samples were selected to yield the required linear heat generation rates based on the specific core position within the Advanced Test Reactor where the experiment is planned to be inserted for irradiation testing. 'Lightbridge is thrilled to benefit from the FAST method at INL,' said Dr. Scott Holcombe, Vice President of Engineering at Lightbridge. 'This advanced technique enables achieving burnup targets faster than using conventional testing methods, which means we can acquire necessary performance data in an accelerated time frame.' The planned irradiation testing program, along with post-irradiation examination activities (the scope of which will be detailed in a future Project Task Statement), is aimed at generating critical irradiation performance data for Lightbridge's advanced fuel. This data will play a key role in supporting the company's regulatory licensing through the U.S. Nuclear Regulatory Commission (NRC) and the company expects this data to contribute to streamlined, expedited licensing under the ADVANCE Act. The company also expects to share this data with utilities to assist in their analyses of Lightbridge Fuel for use in commercial nuclear power plants. Seth Grae, CEO of Lightbridge, added: 'We are grateful to the U.S. Department of Energy (DOE) for providing the HEU and to INL and DOE for enabling Lightbridge fuel material samples to be tested using this innovative FAST method. It reflects the importance of strong public-private partnerships in advancing clean energy technologies. This is an excellent example of the U.S. government using its advanced technologies and resources, particularly HEU and the Advanced Test Reactor, to support commercialization of advanced nuclear fuel technologies potentially on accelerated timelines.' This work is conducted under an existing Cooperative Research and Development Agreement (CRADA) between Lightbridge and Idaho National Laboratory. More details on FAST can be found at: • • About Idaho National LaboratoryBattelle Energy Alliance manages INL for the U.S. Department of Energy's Office of Nuclear Energy. INL is the nation's center for nuclear energy research and development, and also performs research in each of DOE's strategic goal areas: energy, national security, science and the environment. For more information, visit Follow us on social media: Facebook, Instagram, LinkedIn and X. 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 ir@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
27-05-2025
- Business
- Yahoo
Lightbridge Set to Join Russell 2000® and 3000® Indexes
RESTON, Va., May 27, 2025 (GLOBE NEWSWIRE) -- Lightbridge Corporation ('Lightbridge' or the 'Company') (Nasdaq: LTBR), an advanced nuclear fuel technology company, has been added as a member of the broad-market Russell 3000® Index and the small-cap Russell 2000® Index, effective after the US market opens on June 30, as part of the 2025 Russell indexes reconstitution. The annual reconstitution of the Russell US indexes captures the 4,000 largest US stocks as of April 30, ranking them by total market capitalization. Membership in the Russell 3000® Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000® Index or small-cap Russell 2000® Index and the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings, and style attributes. Seth Grae, President & Chief Executive Officer of Lightbridge Corporation, commented, "Being added to the Russell 2000® Index and Russell 3000® Index represents an important milestone for Lightbridge and reflects our growing market presence as we advance our transformative nuclear fuel technology. This inclusion validates our progress and enhances our visibility among institutional investors at a pivotal time for nuclear energy. As we continue executing our mission to deliver more power and optimize nuclear fuel performance and safety, we are pleased to have achieved this recognition that comes with expanded access to capital markets and increased liquidity for our shareholders." Investment managers and institutional investors widely use Russell indexes for index funds and as benchmarks for active investment strategies. According to data as of the end of June 2024, about $10.6 trillion in assets are benchmarked against the Russell US indexes, which belong to FTSE Russell, the global index provider. Fiona Bassett, CEO of FTSE Russell, an LSEG business, commented, 'The Russell indexes have continuously adapted to the evolving dynamic US economy, and it's crucial to fully recalibrate the suite of Russell US Indexes, ensuring the indexes maintain an accurate representation of the market. The transition to a semi-annual reconstitution frequency from 2026 will ensure our indexes continue to represent the market and maintain the purpose of the index as a portfolio benchmark.' For more information on the Russell 3000® Index and the Russell indexes reconstitution, go to the 'Russell Reconstitution' section on the FTSE Russell website. About FTSE Russell, an LSEG BusinessFTSE Russell is a global index leader that provides innovative benchmarking, analytics, and data solutions for investors worldwide. FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 70 countries, covering 98% of the investable market globally. FTSE Russell index expertise and products are used extensively by institutional and retail investors globally. Approximately $18.1 trillion is benchmarked to FTSE Russell indexes. Leading asset owners, asset managers, ETF providers, and investment banks choose FTSE Russell indexes to benchmark their investment performance and create ETFs, structured products, and index-based derivatives. A core set of universal principles guides FTSE Russell index design and management: independent committees of leading market participants inform a transparent rules-based methodology. FTSE Russell is focused on applying the highest industry standards in index design and governance and embraces the IOSCO Principles. FTSE Russell is also focused on index innovation and customer partnerships as it seeks to enhance the breadth, depth, and reach of its offering. FTSE Russell is wholly owned by the London Stock Exchange Group. For more information, visit FTSE Russell. 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 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 ir@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
