Lightbridge(US:LTBR) Globenewswire·2025-06-02 12:00Core Viewpoint - Lightbridge Corporation has successfully completed the final design review for its upcoming irradiation experiment, a significant milestone in the development of its next-generation Lightbridge Fuel™ product, in collaboration with the Idaho National Laboratory (INL) [1][3]. Group 1: Milestones and Achievements - The completion of the final design review is a critical step that allows Lightbridge to proceed with the irradiation testing in INL's Advanced Test Reactor (ATR) [1][7]. - The experiment parameters, including neutronics, thermal, and mechanical aspects, have been independently reviewed and approved by INL scientists, ensuring safe and effective operation [7]. - The irradiation testing program aims to generate essential performance data for Lightbridge's advanced fuel, which will support regulatory licensing efforts for commercial deployment [7]. Group 2: Collaboration and Support - The collaboration between Lightbridge and INL reflects a shared commitment to advancing nuclear technology, with the successful completion of the design review being a key aspect of this partnership [3]. - Lightbridge has entered into long-term framework agreements with Battelle Energy Alliance, the contractor for INL, to support the development of its fuel technology [6]. - The U.S. Department of Energy has facilitated access to the Advanced Test Reactor, which is crucial for Lightbridge's in-reactor testing [3]. Group 3: Company Overview - Lightbridge Corporation focuses on developing advanced nuclear fuel technology aimed at providing abundant, zero-emission clean energy and enhancing energy security [5]. - The company is working on Lightbridge Fuel™, a proprietary technology designed for existing light water reactors and new small modular reactors (SMRs), improving reactor safety and economics [5]. - Lightbridge is included in the Russell Microcap® Index and has a worldwide patent portfolio supporting its innovative fuel technology [8].