Lightbridge Executive Vice President Dr. Andrey Mushakov Appointed to U.S. Nuclear Industry Council Board of Directors

Core Viewpoint - Lightbridge Corporation has announced the appointment of Dr. Andrey Mushakov to the Board of Directors of the U.S. Nuclear Industry Council (USNIC), which is expected to enhance the company's collaboration with key stakeholders in advancing nuclear technology innovation [1][2][3] 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 [5] - 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 [5] - Lightbridge is also working on Lightbridge Fuel for new small modular reactors (SMRs) to provide similar benefits while enabling load-following with renewables on a zero-carbon electric grid [5] Industry Context - The U.S. Nuclear Industry Council (USNIC) serves as the leading business consortium advocate for nuclear energy, representing approximately 80 companies involved in nuclear innovation and supply chain development [4] - USNIC's initiatives include educational programs, industry insights, and market intelligence to support the success of the American nuclear industry in both domestic and global markets [4] Strategic Collaborations - Lightbridge has entered into long-term framework agreements with Battelle Energy Alliance LLC, the operating contractor for the Idaho National Laboratory, which is the U.S.'s primary nuclear energy research and development facility [6] - The company has received support from the Department of Energy's Gateway for Accelerated Innovation in Nuclear program for the development of Lightbridge Fuel [6] - Lightbridge is participating in university-led studies through the DOE Nuclear Energy University Program at prestigious institutions such as the Massachusetts Institute of Technology and Texas A&M University [6]