Core Viewpoint - Lightbridge Corporation is set to announce its financial results for Q2 of fiscal year 2024 on July 31, 2024, and will host a conference call on August 1, 2024, to discuss these results and provide updates on its fuel development activities [1][2]. Company Overview - Lightbridge Corporation (NASDAQ:LTBR) focuses on developing advanced nuclear fuel technology aimed at delivering abundant, zero-emission clean energy and enhancing global energy security [3]. - The company is developing Lightbridge Fuel™, a proprietary next-generation nuclear fuel technology designed for existing light water reactors and pressurized heavy water reactors, which significantly improves reactor safety, economics, and proliferation resistance [3]. - Lightbridge is also working on Lightbridge Fuel for new small modular reactors (SMRs), which will provide similar benefits while enabling load-following capabilities with renewable energy on a zero-carbon electric grid [3]. Recent Developments - Lightbridge has entered into two long-term framework agreements with Battelle Energy Alliance LLC, the operating contractor for the Idaho National Laboratory, which is the U.S.'s leading nuclear energy research and development laboratory [10]. - The company has received support from the DOE's Gateway for Accelerated Innovation in Nuclear program, which has awarded Lightbridge funding for the development of Lightbridge Fuel over the past several years [10]. - Lightbridge is participating in two university-led studies through the DOE Nuclear Energy University Program at the Massachusetts Institute of Technology and Texas A&M University [10]. - The company boasts an extensive worldwide patent portfolio that supports its innovative fuel technology and is included in the Russell Microcap® Index [10].
Lightbridge to Hold Business Update & Second Quarter 2024 Earnings Conference Call on Thursday, August 1st at 4 p.m. ET