Lightbridge (LTBR) CEO on A.I.'s Need for Nuclear Power, Future Deployments

Core Insights - Lightbridge has made significant advancements in nuclear fuel technology, receiving highly enriched uranium from the US Department of Energy, a rare achievement for companies in the industry [3][5] - The company is set to test its nuclear fuel samples in the world's largest test reactor at Idaho National Laboratory, with testing expected to begin in early November [4][5] - The demand for reliable and clean power, particularly for AI data centers, is driving the urgency for nuclear energy development [6][9] Company Developments - Lightbridge has qualified its fuel material with Idaho National Laboratory and is preparing for testing in the advanced test reactor [4] - The expedited timeline for testing reflects a broader governmental responsiveness to the increasing power needs driven by AI and data centers [5][9] - The company aims to enhance power output and safety at existing reactors while also supporting new reactor developments [6][10] Industry Context - The nuclear sector is expected to play a crucial role in meeting the growing electricity demands, particularly as the US aims to quadruple its nuclear power output in the next 25 years [14] - Currently, nuclear energy accounts for nearly 15% of US electricity, and increasing this share could significantly impact the overall energy supply [15] - Lightbridge's fuel technology could lead to a 10% to 30% increase in power output for existing and new reactors, respectively, thereby improving the efficiency of nuclear energy production [16]