Lightbridge CEO Seth Grae to Appear Today on Yahoo Finance LIVE “On the Move”
July 05 2019 - 9:00AM
Lightbridge Corporation (NASDAQ: LTBR), a nuclear
fuel technology development company, today announced that its CEO,
Seth Grae, is scheduled to appear as a guest on "On the Move" on
Yahoo Finance LIVE this morning at approximately 11:30am ET. Mr.
Grae plans to discuss the Company’s advanced metallic nuclear fuel
technology, including its economic, safety, environmental and
non-proliferation benefits.
On the Move, anchored by Adam Shapiro, is a
daily Yahoo Finance show that covers the most important business
news of the day, what’s driving the markets, and what to expect in
the days and weeks ahead, live at 11:00am ET.
Lightbridge Fuel is designed to operate
approximately 1000° C cooler than standard fuel and enhance reactor
safety, improve nuclear power plants economics through increased
power output and longer fuel cycles, improve proliferation
resistance of spent fuel so bombs can’t be manufactured from
nuclear waste, and reduce the amount of waste per unit of
electricity generated.
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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e-mail, subscribe at http://ir.ltbridge.com/alerts.cfm .
Lightbridge is on Twitter. Sign up to follow
@LightbridgeCorp at http://twitter.com/lightbridgecorp.
Investor Relations Contact:
David Waldman/Natalya RudmanTel. +1
855-379-9900ir@ltbridge.com
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