LLightbridge focuses on developing and commercializing advanced nuclear fuel technology to improve the economics and safety of both existing and new reactors, while also offering nuclear energy consulting services to clients worldwide. Its product approach centers on designing and deploying next-generation fuel concepts that enhance reactor efficiency and safety, complemented by advisory services to governments and commercial entities. Unlike firms that only provide fuel or only consult, Lightbridge combines fuel technology development with global consulting support, helping customers adopt and implement its fuels and related nuclear solutions. The company’s goal is to make nuclear energy more affordable and safer, driving greater reliance on nuclear power as a means to reduce greenhouse gas emissions and combat climate change.
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Company Size
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Reston, VA
Founded
1999
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Lightbridge and Quadrant Nuclear Industries announce Memorandum of Understanding to advance domestic HALEU fuel supply. Companies to explore long-term HALEU supply arrangements supporting the commercialization of next-generation nuclear fuel technologies RESTON, Va. and BOSTON, July 27, 2026 (GLOBE NEWSWIRE) - Lightbridge Corporation (Nasdaq: LTBR), a leader in advanced nuclear fuel technology, and Quadrant Nuclear Industries Inc. (QNI), a developer of integrated nuclear fuel cycle capabilities, today announced they have entered into a memorandum of understanding (MoU) to establish a framework for collaboration on the long-term supply of high-assay low-enriched uranium (HALEU) fuel. The MoU reflects a shared commitment to strengthening the domestic nuclear fuel supply chain, advancing next-generation nuclear technologies, and supporting U.S. energy security and decarbonization objectives. Under the agreement, Lightbridge and QNI will engage in discussions regarding the potential supply and long-term offtake of HALEU produced at QNI's planned Vanguard facility at Idaho National Laboratory. "We are pleased to establish this Memorandum of Understanding with QNI as we continue advancing the commercialization of Lightbridge Fuel(TM)," said Seth Grae, Chairman and CEO of Lightbridge Corporation. "As we progress in the development and regulatory licensing of Lightbridge Fuel(TM), it is critical that we begin solidifying a reliable domestic supply of HALEU. We look forward to working with QNI to explore opportunities that support our long-term fuel requirements and contribute to a more secure U.S. nuclear fuel supply chain." "Developing a secure, U.S.-based source of HALEU is essential to enabling the next generation of nuclear energy," said Dee Mewbourne, CEO of QNI. "Our cooperation with Lightbridge reflects the growing alignment between advanced fuel innovation and domestic fuel production. Through this collaboration, we aim to establish a framework for a long-term offtake arrangement that supports commercialization of Lightbridge's advanced fuel technology while strengthening the domestic nuclear fuel ecosystem." QNI is developing an integrated HALEU production capability in coordination with the U.S. Department of Energy and other key stakeholders. Its planned Vanguard facility at Idaho National Laboratory is designed to produce up to eighteen metric tons of HALEU annually at full capacity, supporting both commercial and government markets for advanced nuclear reactors. The companies intend to collaborate on areas including fuel supply planning, technical interface requirements, commercial structuring, regulatory coordination, and logistics considerations associated with HALEU supply arrangements. This collaboration provides a foundation for potential commercial agreements as both companies advance their respective development programs. The MoU is non-binding and does not establish pricing, quantity, or exclusivity commitments. Any binding terms would be subject to a definitive agreement following further negotiation. About Lightbridge Corporation Lightbridge Corporation (Nasdaq: LTBR) is focused on developing advanced nuclear fuel technology essential to delivering abundant, zero-emission, clean energy and providing energy security to the world. The Company is developing Lightbridge Fuel(TM), a proprietary next-generation nuclear fuel technology for existing light-water 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 deliver 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. An extensive worldwide patent portfolio backs Lightbridge's innovative fuel technology. Lightbridge is included in the Russell 2000(R) and Russell 3000(R) Indexes. For more information, please visit www.ltbridge.com. To receive Lightbridge Corporation updates via e-mail, subscribe at https://www.ltbridge.com/investors/news-events/email-alerts Lightbridge is on YouTube. Subscribe to access past demonstrations, interviews, and other video content at https://www.youtube.com/@lightbridgecorporation Lightbridge is on X (formerly Twitter). Sign up to follow @LightbridgeCorp at http://twitter.com/lightbridgecorp. Quadrant Nuclear Industries, Inc. (QNI) is a U.S.-based nuclear energy company focused on building an integrated, domestic nuclear fuel cycle to support the next generation of advanced reactors. The company is developing capabilities across fuel production, recovery, and reprocessing, with a focus on enabling a reliable, secure, and sustainable supply of nuclear fuel in the United States. QNI is advancing key initiatives in coordination with the U.S. Department of Energy and national laboratories, including activities at Idaho National Laboratory aimed at the responsible recycling of used nuclear fuel. Through its technology-driven and execution-focused approach, QNI seeks to strengthen U.S. energy security and accelerate the deployment of advanced nuclear energy systems. Forward-Looking Statements This news release contains forward-looking statements regarding the anticipated benefits of the memorandum of understanding, potential future commercial arrangements between the parties, the development and operation of QNI's planned HALEU production facility, and the anticipated availability of HALEU fuel. These statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied. The memorandum of understanding is non-binding and does not obligate either party to enter into any definitive agreement. 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, including risks related to the design and testing of nuclear fuel incorporating its technology and the degree of market adoption of Lightbridge's product and service offerings; dependence on strategic partners; any adverse changes to Lightbridge's agreements or relationship with the U.S. government and its national laboratories; Lightbridge's ability to fund its future operations, including general corporate overhead and outside research and development expenses, and continue as a going concern; the future market and demand for Lightbridge's fuel for nuclear reactors and its ability to attract customers; Lightbridge's ability to manage the business effectively in a rapidly evolving market; Lightbridge's ability to employ and retain qualified employees and consultants that have experience in the nuclear industry; competition and competitive factors in the markets in which Lightbridge competes, including from accident-tolerant fuels; access to and availability of nuclear test reactors and the risks associated with unexpected changes in Lightbridge's nuclear fuel development timeline; access to and availability of adequate resources and manufacturing capabilities at national laboratories that affect its nuclear fuel development timeline and project costs; Lightbridge's ability to deploy and operate a dedicated nuclear fuel fabrication facility; the increased costs associated with metallization of Lightbridge's nuclear fuel; uncertainties related to conducting business in foreign countries; public perception of nuclear energy generally; changes inlaws, rules, and regulations governing Lightbridge's business; changes in the political environment; development and utilization of, and challenges to, Lightbridge's intellectual property domestically and abroad; the volatility of the trading price of Lightbridge's securities and the potential for purchasers of its securities to incur substantial losses; and 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 a 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, 2025, 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 http://www.sec.gov/ and www.ltbridge.com. Neither QNI nor Lightbridge undertakes any obligation to update forward-looking statements except as required by applicable law. Lightbridge Investor Relations Contact: Matthew Abenante, IRC Director of Investor Relations Phone: +1 (347) 947-2093 Email: [email protected] QNI Media Contact: Nicholas Walton, Chief Operating Officer Phone: 617-544-0035 Email: [email protected] Plug into more green stock news. Tap into the pulse of emerging green sectors every morning. Top daily headlines from clean energy, cleantech, cannabis, and sustainable transport stocks:
Lightbridge and Studsvik partner on next-generation fuel product software. RESTON, Va., May 13, 2026 (GLOBE NEWSWIRE) - Lightbridge Corporation ("Lightbridge" or the "Company") (Nasdaq: LTBR), an advanced nuclear fuel technology company, and Studsvik Scandpower, Inc. have entered into a partnership to develop an extension of the Studsvik CMS5 Core Management Suite to model the new Lightbridge Fuel(TM) design. Together, Lightbridge and Studsvik will provide the commercial nuclear sector with a software package for light water reactors (LWRs) that is fully supported by the state-of-the-art Studsvik software already adopted by customers around the world. "Studsvik Scandpower remains committed to continuously enhancing our software capabilities to support the nuclear industry's growth and the development of..." "As we advance our efforts to license Lightbridge Fuel for use in commercial nuclear power plants, we are pleased to leverage Studsvik's CMS5 software to help..." "We are pleased to partner with Lightbridge as they take this important step in advancing the licensing of their next-generation fuel product," "Studsvik Scandpower remains committed to continuously enhancing our software capabilities to support the nuclear industry's growth and the development of..." "As we advance our efforts to license Lightbridge Fuel for use in commercial nuclear power plants, we are pleased to leverage Studsvik's CMS5 software to help..." "We are pleased to partner with Lightbridge as they take this important step in advancing the licensing of their next-generation fuel product," "Studsvik Scandpower remains committed to continuously enhancing our software capabilities to support the nuclear industry's growth and the development of..." Lightbridge is developing a next-generation nuclear fuel design, Lightbridge Fuel, to improve the economics, safety, and proliferation resistance of existing and new reactors. The design includes metallic fuel rods that will be more economical and safer than traditional fuel. "As we advance our efforts to license Lightbridge Fuel for use in commercial nuclear power plants, we are pleased to leverage Studsvik's CMS5 software to help drive these initiatives forward," said Seth Grae, President and CEO of Lightbridge. "We are pleased to partner with Lightbridge as they take this important step in advancing the licensing of their next-generation fuel product," said Art Wharton, President of the Studsvik Scandpower Group. "Studsvik Scandpower remains committed to continuously enhancing our software capabilities to support the nuclear industry's growth and the development of innovative fuel technologies." This partnership further strengthens Lightbridge and Studsvik's position in the global nuclear industry. About Studsvik Studsvik provides a range of advanced technical services to the global nuclear power industry. Our core areas of expertise include fuel and materials technology, software for core monitoring and fuel optimisation, decommissioning and radiation protection services, as well as technical solutions for the handling, conditioning, and volume reduction of radioactive waste. The company has over 75 years of experience in nuclear technology and services in radiological environments. Studsvik employs approximately 540 people across 7 countries and is listed on the Nasdaq Stockholm. About Lightbridge Corporation Lightbridge Corporation (NASDAQ: LTBR) is focused on developing advanced nuclear fuel technology essential to delivering abundant, zero-emission, clean energy and providing energy security to the world. The Company is developing Lightbridge Fuel(TM), a proprietary next-generation nuclear fuel technology for existing light-water 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 deliver 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. An extensive worldwide patent portfolio backs Lightbridge's innovative fuel technology. Lightbridge is included in the Russell 2000(R) and Russell 3000(R) Indexes. For more information, please visit www.ltbridge.com. To receive Lightbridge Corporation updates via e-mail, subscribe at https://www.ltbridge.com/investors/news-events/email-alerts Lightbridge is on YouTube. Subscribe to access past demonstrations, interviews, and other video content at https://www.youtube.com/@lightbridgecorporation Lightbridge is on X (formerly Twitter). Sign up to follow @LightbridgeCorp at http://twitter.com/lightbridgecorp. 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, including risks related to the design and testing of nuclear fuel incorporating its technology and the degree of market adoption of Lightbridge's product and service offerings; dependence on strategic partners; any adverse changes to Lightbridge's agreements or relationship with the U.S. government and its national laboratories; Lightbridge's ability to fund its future operations, including general corporate overhead and outside research and development expenses, and continue as a going concern; the future market and demand for Lightbridge's fuel for nuclear reactors and its ability to attract customers; Lightbridge's ability to manage the business effectively in a rapidly evolving market; Lightbridge's ability to employ and retain qualified employees and consultants that have experience in the nuclear industry; competition and competitive factors in the markets in which Lightbridge competes, including from accident-tolerant fuels; access to and availability of nuclear test reactors and the risks associated with unexpected changes in Lightbridge's nuclear fuel development timeline; access to and availability of adequate resources and manufacturing capabilities at national laboratories that affect our nuclear fuel development timeline and project costs; Lightbridge's ability to deploy and operate a dedicated nuclear fuel fabrication facility; the increased costs associated with metallization of Lightbridge's nuclear fuel; uncertainties related to conducting business in foreign countries; public perception of nuclear energy generally; changes inlaws, rules, and regulations governing Lightbridge's business; changes in the political environment; development and utilization of, and challenges to, Lightbridge's intellectual property domestically and abroad; the volatility of the trading price of Lightbridge's securities and the potential for purchasers of its securities to incur substantial losses; and 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 a 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, 2025, 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 http://www.sec.gov/ and www.ltbridge.com. For Lightbridge: Matthew Abenante, IRC Director of Investor Relations Tel: +1 (347) 947-2093 [email protected]
Lightbridge to participate at upcoming investor conferences. Rhea-AI Impact Rhea-AI Sentiment conferences Rhea-AI summary. Lightbridge (Nasdaq: LTBR) announced that President and CEO Seth Grae will present at three investor conferences in April 2026: Jefferies Virtual Nuclear Conference (April 8, 8:45 a.m. ET), Gabelli Waste & Environmental Services Symposium (April 9, 2:00 p.m. ET, New York), and The Economist Nuclear Summit panel (April 15, 13:00 BST, London). Registration and webcast access details are available through each conference organizer. 04/02/2026 - 07:00 AM RESTON, Va., April 02, 2026 (GLOBE NEWSWIRE) - Lightbridge Corporation ("Lightbridge" or the "Company") (Nasdaq: LTBR), an advanced nuclear fuel technology company, today announced that President and CEO Seth Grae will present at three upcoming investor conferences in April 2026. Jefferies Virtual Nuclear Conference - Wednesday, April 8, 2026 Seth Grae will deliver a presentation at 8:45 a.m. ET. The virtual event brings together companies across the nuclear energy and uranium sectors to discuss industry growth and strategic developments. Interested parties should contact their Jefferies representative to obtain access to the webcast. Gabelli Funds 12th Annual Waste & Environmental Services Symposium - Thursday, April 9, 2026 | New York, N.Y. Seth Grae will deliver a presentation at 2:00 p.m. ET. The symposium convenes institutional investors, asset managers, and public company executives focused on environmental services and resource recovery, providing a concentrated forum for in-depth investment dialogue. Registration is available at https://gabelli.com/event/12th-annual-waste-sustainability-symposium/. The Economist Nuclear Summit - Wednesday, April 15, 2026 | London, U.K. Seth Grae will participate in a panel discussion titled "The Non-Proliferation Paradox: Is the Treaty System Keeping Up?" beginning at 13:00 BST (8:00 a.m. ET). The panel will examine whether existing non-proliferation frameworks are equipped to address the realities of modern nuclear technology, including SMRs, advanced fuels, and isotope production with dual-use potential. Full program details are available at https://events.economist.com/nuclear-summit/programme. About Lightbridge Corporation Lightbridge Corporation (NASDAQ: LTBR) is focused on developing advanced nuclear fuel technology essential to delivering abundant, zero-emission, clean energy and providing energy security to the world. The Company is developing Lightbridge Fuel(TM), a proprietary next-generation nuclear fuel technology for existing light-water 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 deliver 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. An extensive worldwide patent portfolio backs Lightbridge's innovative fuel technology. Lightbridge is included in the Russell 2000(R) and Russell 3000(R) Indexes. For more information, please visit www.ltbridge.com. To receive Lightbridge Corporation updates via e-mail, subscribe at https://www.ltbridge.com/investors/news-events/email-alerts Lightbridge is on YouTube. Subscribe to access past demonstrations, interviews, and other video content at https://www.youtube.com/@lightbridgecorporation Lightbridge is on X (formerly Twitter). Sign up to follow @LightbridgeCorp at http://twitter.com/lightbridgecorp. 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, 2025, 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 http://www.sec.gov/ and www.ltbridge.com. Investor Relations Contact: Matthew Abenante, IRC Director of Investor Relations Tel: +1 (347) 947-2093 [email protected] Faq. When will Lightbridge (LTBR) present at the Jefferies Virtual Nuclear Conference? Lightbridge CEO Seth Grae will present on April 8, 2026 at 8:45 a.m. ET. According to the company, the virtual conference gathers nuclear and uranium sector firms and interested parties should contact their Jefferies representative to obtain webcast access. What is the schedule for Lightbridge (LTBR) at the Gabelli Waste & Environmental Services Symposium? Seth Grae will deliver a presentation on April 9, 2026 at 2:00 p.m. ET in New York. According to the company, the symposium focuses on environmental services and resource recovery and requires registration at the Gabelli event page. When and where will Lightbridge (LTBR) participate in The Economist Nuclear Summit? Lightbridge will appear on a panel on April 15, 2026 at 13:00 BST (8:00 a.m. ET) in London. According to the company, the panel titled "The Non-Proliferation Paradox" will address non-proliferation frameworks and modern nuclear technologies. How can investors access Lightbridge (LTBR) webcasts or presentations in April 2026? Investors should register with each conference organizer for access and webcasts. According to the company, attendees should contact their Jefferies representative or use the Gabelli and Economist registration links for program details and streaming. Why is Lightbridge (LTBR) attending these April 2026 investor conferences? Lightbridge is presenting to engage investors and discuss nuclear fuel technology developments and sector trends. According to the company, the events provide forums for strategic dialogue with institutional investors, asset managers, and industry stakeholders.
Lightbridge presents advanced nuclear fuel research at TMS2026 technical conference. RESTON, Va., March 19, 2026 (GLOBE NEWSWIRE) - Lightbridge Corporation ("Lightbridge" or the "Company") (Nasdaq: LTBR), an advanced nuclear fuel technology company, today announced that two of its technical managers and subject matter experts presented key research findings at the TMS2026 Annual Meeting & Exhibition in San Diego, California, one of the premier global conferences for materials science, metallurgy, and nuclear fuel technology. "Their work advances the technical foundation of our fuel development program and reinforces Lightbridge's position at the forefront of advanced nuclear fuel..." "Metal Fuels Opportunities Beyond Sodium Fast Reactors," "U-Zr Alloy Properties Review and Applicability to Lightbridge Corporation Fuel Performance Activities," "As the research community continues to explore opportunities for advanced reactors and fuels, the materials science community has a real opportunity to..." "We are excited to be contributing to that conversation at TMS 2026." "Our U-Zr alloy work is foundational to everything we are building at Lightbridge," "The properties data we presented directly informs how we model and validate fuel performance, and we are pleased to share that work with the broader..." "Boone and Kyle's presentations at TMS2026 reflect the world-class nuclear engineering expertise we have assembled at Lightbridge," "Their work advances the technical foundation of our fuel development program and reinforces Lightbridge's position at the forefront of advanced nuclear fuel..." "Metal Fuels Opportunities Beyond Sodium Fast Reactors," "U-Zr Alloy Properties Review and Applicability to Lightbridge Corporation Fuel Performance Activities," "As the research community continues to explore opportunities for advanced reactors and fuels, the materials science community has a real opportunity to..." "We are excited to be contributing to that conversation at TMS 2026." "Our U-Zr alloy work is foundational to everything we are building at Lightbridge," "The properties data we presented directly informs how we model and validate fuel performance, and we are pleased to share that work with the broader..." "Boone and Kyle's presentations at TMS2026 reflect the world-class nuclear engineering expertise we have assembled at Lightbridge," "Their work advances the technical foundation of our fuel development program and reinforces Lightbridge's position at the forefront of advanced nuclear fuel..." Dr. Geoffrey (Boone) Beausoleil, Director of Materials at Lightbridge, held a talk titled "Metal Fuels Opportunities Beyond Sodium Fast Reactors," co-authored with Dr. Scott Holcombe, Vice President of Engineering at Lightbridge. The presentation examined the expanding applicability of metallic fuel concepts to a broader class of advanced reactor designs beyond the sodium fast reactor systems that have historically anchored metal fuel development. Dr. Kyle Paaren, Manager of the Fuel Performance Group at Lightbridge, held a talk titled "U-Zr Alloy Properties Review and Applicability to Lightbridge Corporation Fuel Performance Activities," co-authored with Raymond Wang, P.E., Director of Licensing at Lightbridge, Dr. Beausoleil, and Dr. Holcombe. The presentation provided a comprehensive technical review of uranium-zirconium alloy properties and a significant milestone in Lightbridge's fuel qualification pathway, demonstrating that the Company's proprietary UZr[2] fuel can be accurately modeled and characterized through a newly validated, Lightbridge-specific framework built from real measured data from the Company's own fuel material coupon samples. Both presentations were delivered during the session on metal fuels, chaired by Professor Ericmoore Jossou of the Massachusetts Institute of Technology. "As the research community continues to explore opportunities for advanced reactors and fuels, the materials science community has a real opportunity to extend the proven performance advantages of metallic fuels into a much wider set of applications," said Dr. Beausoleil. "We are excited to be contributing to that conversation at TMS 2026." "Our U-Zr alloy work is foundational to everything we are building at Lightbridge," said Dr. Paaren. "The properties data we presented directly informs how we model and validate fuel performance, and we are pleased to share that work with the broader materials science and nuclear fuel community." "Boone and Kyle's presentations at TMS2026 reflect the world-class nuclear engineering expertise we have assembled at Lightbridge," said Seth Grae, President and Chief Executive Officer of Lightbridge Corporation. "Their work advances the technical foundation of our fuel development program and reinforces Lightbridge's position at the forefront of advanced nuclear fuel innovation." The TMS Annual Meeting, hosted by The Minerals, Metals & Materials Society, brings together leading researchers and practitioners across materials science and engineering disciplines. The TMS2026 conference program is available at www.tms.org/TMS2026. About Lightbridge Corporation Lightbridge Corporation (NASDAQ: LTBR) is focused on developing advanced nuclear fuel technology essential to delivering abundant, zero-emission, clean energy and providing energy security to the world. The Company is developing Lightbridge Fuel(TM), a proprietary next-generation nuclear fuel technology for existing light-water 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 deliver 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. An extensive worldwide patent portfolio backs Lightbridge's innovative fuel technology. Lightbridge is included in the Russell 2000(R) and Russell 3000(R) Indexes. For more information, please visit www.ltbridge.com. To receive Lightbridge Corporation updates via e-mail, subscribe at https://www.ltbridge.com/investors/news-events/email-alerts Lightbridge is on YouTube. Subscribe to access past demonstrations, interviews, and other video content at https://www.youtube.com/@lightbridgecorporation Lightbridge is on X (formerly Twitter). Sign up to follow @LightbridgeCorp at http://twitter.com/lightbridgecorp. 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, 2025, 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 http://www.sec.gov/ and www.ltbridge.com. Investor Relations Contact: Matthew Abenante, IRC Director of Investor Relations Tel: +1 (347) 947-2093 [email protected]
Lightbridge enters into engineering contract with Stern Laboratories. Thermal Hydraulic Test Program to Support U.S. Licensing of Lightbridge Fuel(TM) for Light Water Reactors RESTON, Va. and HAMILTON, Ontario, March 18, 2026 (GLOBE NEWSWIRE) - Lightbridge Corporation ("Lightbridge" or the "Company") (Nasdaq: LTBR), an advanced nuclear fuel technology company, and Stern Laboratories Inc. ("Stern Labs"), a leading employee-owned Canadian provider of specialized nuclear experimental services and tooling to the nuclear industry, today announced that Lightbridge has entered into an initial engineering contract and statement of work with Stern Labs to assess the thermal and hydraulic ("TH") performance of Lightbridge Fuel for use in Light Water Reactors ("LWRs"). Under the terms of the agreement, Stern Labs will provide laboratory services at its test facility in Hamilton, Ontario, Canada, to assess the TH performance of Lightbridge Fuel for LWRs. The work will be carried out in multiple phases, including: * Phase 1: Design and fabrication of an electrically heated fuel simulator; acceptance testing; and single-rod critical heat flux (CHF) investigation (steam-water, up to 1,450 psia); * Phase 2: Nine-rod critical heat flux investigation, steam-water at 600 to 2200 psia; and * Phase 3: A multi-year TH test program to support the licensing of Lightbridge Fuel for the U.S. domestic LWR fleet. Phase 1 is estimated to take approximately one year to complete. Birol Aktas, Manager of the Thermal Hydraulics and Safety Analysis Group at Lightbridge, stated, "This contract with Stern Labs represents a significant step forward in our fuel qualification program. Stern Labs' expertise in manufacturing electrically heated nuclear fuel simulators and performing full-scale CHF and component qualification tests makes them an ideal partner. Data from this program will demonstrate the improved thermal margins of Lightbridge Fuel in LWRs and support U.S. licensing for commercial deployment." Gordon Hadaller, President of Stern Laboratories Inc., stated, "We are pleased to partner with Lightbridge on this important experimental program. Stern Labs has a long history of providing high-quality laboratory services to the global nuclear industry, and we look forward to applying our expertise to assess the performance of Lightbridge's innovative fuel technology." About Stern Laboratories Inc. Stern Laboratories Inc. is an employee-owned private Canadian company, established in 1988 and headquartered at 1590 Burlington Street, Hamilton, Ontario, Canada. Stern Labs provides custom fuel simulations, conducts advanced reliability and safety experiments, and designs and fabricates fuel inspection tooling for nuclear industry partners globally. The reliability and safety experiments include component qualification, TH experiments, and various safety scenario simulations. For more information, please visit: https://sternlab.com. About Lightbridge Corporation Lightbridge Corporation (NASDAQ: LTBR) is focused on developing advanced nuclear fuel technology essential to delivering abundant, zero-emission, clean energy and providing energy security to the world. The Company is developing Lightbridge Fuel(TM), a proprietary next-generation nuclear fuel technology for existing light-water 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 deliver 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. An extensive worldwide patent portfolio backs Lightbridge's innovative fuel technology. Lightbridge is included in the Russell 2000(R) and Russell 3000(R) Indexes. For more information, please visit www.ltbridge.com. To receive Lightbridge Corporation updates via e-mail, subscribe at https://www.ltbridge.com/investors/news-events/email-alerts Lightbridge is on YouTube. Subscribe to access past demonstrations, interviews, and other video content at https://www.youtube.com/@lightbridgecorporation Lightbridge is on X (formerly Twitter). Sign up to follow @LightbridgeCorp at http://twitter.com/lightbridgecorp. 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; its 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, 2025, 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 http://www.sec.gov/ and www.ltbridge.com. Investor Relations Contact: Matthew Abenante, IRC Director of Investor Relations Tel: +1 (347) 947-2093 [email protected] Plug into more green stock news. Tap into the pulse of emerging green sectors every morning. Top daily headlines from clean energy, cleantech, cannabis, and sustainable transport stocks:
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Industries
Company Size
1-10
Company Stage
IPO
Headquarters
Reston, VA
Founded
1999
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