Lightbridge CEO to Participate on Nuclear Deployment Forum Panel; Part of Nuclear Innovation Week
Mon March 25, 2019 8:30 AM|GlobeNewswire|About: LTBR
RESTON, Va., March 25, 2019 (GLOBE NEWSWIRE) -- Lightbridge Corporation (LTBR) (NASDAQ: LTBR), a nuclear fuel developer, today announced that Seth Grae, Chief Executive Officer of Lightbridge (LTBG), will participate on a panel discussion, entitled, “Ensuring a Stable Talent Pipeline” being held on Wednesday, March 27th at 2:30 pm ET at the Nuclear Deployment Forum. The Forum is part of Nuclear Innovation Week and is being hosted by the Nuclear Energy Institute, Electric Power Research Institute and Gateway (GTW) for Accelerated innovation in Nuclear at the Kimpton Hotel Monaco in Washington, DC.
The Forum spotlights progress and challenges toward deploying advanced nuclear technologies, including demonstration capabilities and supply chain development.
About Lightbridge Corporation
Lightbridge (NASDAQ: LTBR) is a nuclear fuel technology development company based in Reston, Virginia, USA. The Company develops proprietary next generation nuclear fuel technologies for current and future reactors, which significantly enhances the economics and safety of nuclear power, operating about 1000° C cooler than standard fuel. In January 2018, Lightbridge and Framatome, Inc. formed a 50-50 joint venture, Enfission, LLC, to develop, license, manufacture, and sell nuclear fuel assemblies based on Lightbridge-designed metallic fuel technology and other advanced nuclear fuel intellectual property. Enfission has the exclusive rights to this technology and is responsible for the development of manufacturing processes and fuel assembly designs for pressurized water reactors (PWRs), boiling water reactors (BWRs), water-cooled small modular reactors, and water-cooled research reactors developed around this intellectual property. PWRs and BWRs constitute the most widely used reactor types in the world. Four large electric utilities that generate about half the nuclear power in the US already advise Lightbridge on fuel development and deployment. In addition to distributions from Enfission based on the parties’ ownership interest in the joint venture, Lightbridge anticipates receiving future licensing revenues in connection with sales by Enfission of nuclear fuel incorporating its intellectual property. Lightbridge also provides comprehensive advisory services for established and emerging nuclear programs based on a philosophy of transparency, non-proliferation, safety and operational excellence. For more information please visit: www.ltbridge.com.
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