Lightbridge Announces Upcoming Nuclear Events
March 13 2024 - 8:00AM
Lightbridge Corporation (“Lightbridge”) (Nasdaq: LTBR), an advanced
nuclear fuel technology company, today announced that Lightbridge
President and CEO Seth Grae will participate in a series of
upcoming nuclear events.
IAEA Nuclear Energy Summit 2024,
Brussels, Belgium – Thursday, March 21World leaders will
gather in Brussels at the first ever Nuclear Energy Summit to
highlight the role of nuclear energy in addressing the global
challenges to reduce the use of fossil fuels, enhance energy
security and boost economic development. The Summit, jointly hosted
by the Government of Belgium and the International Atomic Energy
Agency (IAEA), will bring together world leaders, industry, and
organizations in a unique opportunity to send a unified and
powerful message to the international community on the importance
of nuclear technologies in the journey to net zero.
American Nuclear Society’s International
Conference on Physics of Reactors 2024 (PHYSOR 2024), San
Francisco, CA – April 21-24Mr. Grae will chair the
“Nuclear at COP28” panel, discussing the breakthrough for nuclear
energy at COP28 with its inclusion in the final statement agreed to
by almost 200 countries as a key to achieving “deep, rapid, and
sustained reductions in greenhouse gas emissions.”PHYSOR 2024 will
cast the spotlight on the latest advancements in reactor physics
and related nuclear technologies and debate the challenges that
need to be addressed. The conference aims to provide a platform for
international experts from vendors, utilities, research
laboratories, and universities to exchange ideas and latest
developments on a wide spectrum of topics. For more information on
the panel, visit:
https://www.ans.org/meetings/physor2024/session/view-2379/
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 www.ltbridge.com.
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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, 2023, 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, IRCDirector of Investor
RelationsTel: +1 (347) 947-2093ir@ltbridge.com
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