Lightbridge to Participate in a Panel Discussion at the James Martin Center for Nonproliferation Studies Round Table Event En...
June 27 2018 - 7:00AM
Lightbridge Corporation (NASDAQ:LTBR), a nuclear fuel developer,
today announced that Jonathan Baggett, Vice President of Program
Management and Deputy Nuclear Quality Assurance Manager, will
participate in a panel discussion entitled “Suppliers Perspective”
at 1:15 PM, ET on Thursday, June 28 at The James Martin Center
for Nonproliferation Studies, in Washington, DC. Mr. Baggett will
focus on lessons learned from the United Arab Emirates' nuclear
power program. The event is focused on prospects for a Saudi
nuclear energy program and a possible nuclear cooperation agreement
with the United States.
The James Martin Center for Nonproliferation
Studies (CNS) is the largest nongovernmental organization in the
United States solely dedicated to research and training on
nonproliferation issues and strives to battle the spread of weapons
of mass destruction. The full-day event will examine the
motivations for such a program, nonproliferation, security and
safety considerations, regional perceptions, suppliers'
perspectives, and the pertinent questions Congress should consider
if it faces a nuclear cooperation agreement with Saudi Arabia.
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.
To receive Lightbridge Corporation updates via
e-mail, subscribe at http://ir.ltbridge.com/alerts.cfm.
Lightbridge is on Twitter. Sign up to follow
@LightbridgeCorp at http://twitter.com/lightbridgecorp.
Forward Looking Statements
With the exception of historical matters, the matters discussed
in this news release are forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995,
including statements regarding the Company's joint venture
operating agreement and other binding agreements with Framatome,
the expected cooperation between Framatome and the Company, the
ability of commercial nuclear utilities to generate more
electricity from their nuclear power plants using Lightbridge fuel,
and that the economic and safety benefits of our fuel will
encourage greater use of nuclear power. 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, the degree of market adoption of
the Company's product and service offerings; market competition;
dependence on strategic partners; demand for fuel for nuclear
reactors; the Company's ability to manage its business effectively
in a rapidly evolving market; as well as other factors described in
Lightbridge's filings with the Securities and Exchange Commission.
Lightbridge does not assume any obligation to update or revise any
such forward-looking statements, whether as the result of new
developments or otherwise. Readers are cautioned not to put undue
reliance on forward-looking statements.
Investor Relations Contact:
David Waldman/Natalya RudmanTel. +1
855-379-9900ir@ltbridge.com
Lightbridge (NASDAQ:LTBR)
Historical Stock Chart
From Mar 2024 to Apr 2024
Lightbridge (NASDAQ:LTBR)
Historical Stock Chart
From Apr 2023 to Apr 2024