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Lightbridge Provides Business Update and Announces Fiscal Year 2025 Financial Results
Globenewswire· 2026-02-25 21:15
RESTON, Va., Feb. 25, 2026 (GLOBE NEWSWIRE) -- Lightbridge Corporation (“Lightbridge” or the “Company”) (Nasdaq: LTBR), an advanced nuclear fuel technology company, announced its financial results for the fiscal year ended December 31, 2025, and provided an update on the Company’s continued progress. Seth Grae, President & Chief Executive Officer of Lightbridge Corporation, commented, “2025 was an important year for Lightbridge and the nuclear power industry. Governments, utilities, and leading tech compani ...
Lightbridge to Hold Business Update & Fiscal Year 2025 Earnings Conference Call on Thursday, February 26 at 4 p.m. ET
Globenewswire· 2026-02-10 13:30
RESTON, Va., Feb. 10, 2026 (GLOBE NEWSWIRE) -- Lightbridge Corporation (“Lightbridge” or the “Company”) (Nasdaq: LTBR), an advanced nuclear fuel technology company, will announce its financial results for fiscal year 2025 on Wednesday, February 25, after the market closes. Lightbridge will host a conference call on Thursday, February 26, at 4:00 p.m. ET with the investment community to discuss the Company’s financial results and provide an update on its fuel development activities. CONFERENCE CALL & AUDIO W ...
Lightbridge to Participate in Upcoming Investor Conferences and Events
Globenewswire· 2026-01-14 12:00
Core Insights - Lightbridge Corporation is actively participating in multiple investor conferences and events to promote its advanced nuclear fuel technology [1][2][3][4] Group 1: Upcoming Events - Lightbridge's President and CEO Seth Grae will present at the 28th Annual Needham Growth Conference on January 14, 2026, at 4:30 p.m. Eastern Time [1] - Grae will also present "The Need for Nuclear" at the Global Cleantech Investor Gala & Award Ceremony on January 19, 2026, at 8:20 p.m. Central European Time [2] - On January 28, 2026, Grae will participate as a panelist in a discussion titled "The New Nuclear Fuel Cycle: Technology, Supply, and Recycling Opportunities" at the Nuclear Financing Summit in New York City [3] - Grae is scheduled to deliver a keynote presentation on "Advanced Fuels for Existing Reactors and for New SMRs" at the 3rd World Nuclear SMR & Advanced Reactor Congress on February 10-11, 2026, in London, U.K. [4] Group 2: Company Overview - Lightbridge Corporation focuses on developing advanced nuclear fuel technology aimed at providing abundant, zero-emission clean energy and enhancing energy security globally [5] - The company is developing Lightbridge Fuel™, a next-generation nuclear fuel technology that improves reactor safety, economics, and proliferation resistance for existing light water reactors and pressurized heavy water reactors [5] - Lightbridge is also working on Lightbridge Fuel for new small modular reactors (SMRs), which will offer similar benefits while enabling load-following with renewables on a zero-carbon electric grid [5] Group 3: Strategic Partnerships and Research - Lightbridge has established two long-term framework agreements with Battelle Energy Alliance LLC, the contractor for the U.S. Department of Energy's Idaho National Laboratory [6] - The company has received support from the DOE's Gateway for Accelerated Innovation in Nuclear program for the development of Lightbridge Fuel [6] - Lightbridge is involved in two university-led studies through the DOE Nuclear Energy University Program at the Massachusetts Institute of Technology and Texas A&M University [6]
Lightbridge Announces Start of Irradiation Testing of its Enriched Uranium-Zirconium Alloy Samples in Advanced Test Reactor at Idaho National Laboratory
Globenewswire· 2025-11-19 12:00
Core Insights - Lightbridge Corporation has commenced irradiation testing of its enriched uranium-zirconium alloy fuel material samples at the Advanced Test Reactor (ATR) in Idaho National Laboratory (INL), marking a significant advancement in its fuel development program [1][9]. Company Developments - The start of irradiation testing is a major achievement for both Lightbridge and INL, providing a world-class platform for evaluating advanced nuclear materials under realistic conditions [7]. - The irradiation testing will help validate key thermo-mechanical properties of Lightbridge Fuel™, moving closer to commercial deployment in existing and new water-cooled reactors [7][9]. - The testing campaign aims to generate critical data on the fuel alloy's microstructural evolution and thermal conductivity properties, essential for the qualification and licensing of Lightbridge Fuel™ for future commercial use [9]. Research and Development - The irradiation testing follows the successful fabrication and loading of enriched uranium-zirconium coupon samples into an experimental assembly earlier this year, demonstrating progress along Lightbridge's fuel development roadmap [9]. - Post-irradiation examinations will be conducted on some samples at various burnup levels to assess the fuel alloy's performance, supporting further design qualification for licensing report submissions [9]. Strategic Partnerships - Lightbridge has entered into long-term framework agreements with Battelle Energy Alliance, the operating contractor for INL, to support the development of its advanced nuclear fuel technology [11].
Lightbridge Provides Business Update and Announces Third Quarter 2025 Financial Results
Globenewswire· 2025-11-05 21:05
Core Insights - Lightbridge Corporation reported significant advancements in its nuclear fuel technology development during the first nine months of 2025, transitioning from design concepts to physical fabrication and testing readiness [2] - The company achieved critical milestones, including the co-extrusion of an eight-foot demonstration rod and the successful loading of enriched uranium-zirconium alloy samples into an experiment assembly [2] - The supportive policy environment for nuclear energy, particularly under President Trump's Executive Orders, aligns with Lightbridge's capabilities and development roadmap [2] Financial Highlights - Working capital increased to approximately $153.1 million as of September 30, 2025, compared to $39.9 million at the end of 2024 [3] - Cash and cash equivalents rose to $153.3 million from $40.0 million at December 31, 2024, marking an increase of $113.3 million for the nine months ended September 30, 2025 [4] - Total assets were $155.1 million, while total liabilities were $1.6 million as of September 30, 2025 [4] Cash Flow Summary - Cash used in operating activities for the nine months ended September 30, 2025, was $8.1 million, an increase of $2.4 million compared to the same period in 2024 [6] - Cash provided by financing activities for the nine months ended September 30, 2025, was $121.4 million, a significant increase from $3.7 million in the prior year [6] Operational Summary - General and administrative expenses for the third quarter of 2025 were $3.2 million, up from $1.7 million in the same quarter of 2024 [12] - Research and development expenses for the third quarter of 2025 totaled $2.0 million, compared to $1.3 million in the prior year [12] - The net loss for the third quarter of 2025 was $4.1 million, compared to $2.7 million for the same quarter in 2024 [12] Future Outlook - Lightbridge plans to host a conference call to discuss financial results and fuel development activities, indicating ongoing engagement with stakeholders [8]
Lightbridge Presents Three Technical Papers on Lightbridge Fuel Technology at American Nuclear Society’s TopFuel 2025 Conference
Globenewswire· 2025-11-05 14:00
Core Insights - Lightbridge Corporation presented three technical papers at the American Nuclear Society's TopFuel 2025 conference, showcasing advancements in nuclear fuel technology aimed at enhancing reactor safety, efficiency, and sustainability [1][2][3] Group 1: Technical Contributions - The papers focus on innovative methodologies and assessments for Lightbridge Fuel™, the company's proprietary metallic nuclear fuel technology [2] - Key topics include a quantitative evaluation method comparing Lightbridge's fuel materials against conventional uranium dioxide fuel performance, a conceptual assessment of Lightbridge Fuel's behavior under post-critical heat flux conditions, and finite element analysis simulations for fuel rod fabrication [6] Group 2: Company Overview - Lightbridge Corporation is dedicated to developing advanced nuclear fuel technology that supports clean energy and energy security, with a focus on enhancing safety, economics, and proliferation resistance in existing and new reactors [4][5] - The company has established long-term agreements with Battelle Energy Alliance and has received support from the U.S. Department of Energy for the development of Lightbridge Fuel [5] Group 3: Leadership Commentary - The CEO of Lightbridge emphasized the importance of methodical analysis and experimental validation in advancing nuclear fuel technology, aiming to accelerate the adoption of Lightbridge Fuel for both existing and future reactors [3]
Lightbridge Receives Notice of Allowance on New Patent from the Eurasian Patent Office
Globenewswire· 2025-11-03 12:00
Core Viewpoint - Lightbridge Corporation has received a Notice of Allowance from the Eurasian Patent Office for its innovative multi-zone nuclear fuel rod design, which enhances the performance of nuclear reactors through additive manufacturing techniques [1][2][3] Group 1: Patent and Technology - The patent covers methods and apparatus for fabricating fuel rods with distinct radial and axial zones, optimizing performance in nuclear reactors [2] - The multi-zone fuel element structure allows for varying material properties and thicknesses, which can improve reactor economics, safety, and fuel utilization [3] Group 2: Market and Strategic Importance - The Notice of Allowance strengthens Lightbridge's intellectual property portfolio in Eurasia, a region with over 40 operating reactors and significant expansion plans for nuclear energy [3] - Lightbridge's patented technology is positioned to enhance the safety and efficiency of both existing light-water reactors and emerging small modular reactors (SMRs) [4] Group 3: Collaborations and Support - Lightbridge has established long-term agreements with Battelle Energy Alliance LLC and has received support from the U.S. Department of Energy for the development of Lightbridge Fuel [5] - The company is involved in university-led studies through the DOE Nuclear Energy University Program, collaborating with institutions like MIT and Texas A&M University [5]
Lightbridge to Hold Business Update & Third Quarter 2025 Earnings Conference Call on Thursday, November 6 at 4 p.m. ET
Globenewswire· 2025-10-21 11:00
Core Viewpoint - Lightbridge Corporation, an advanced nuclear fuel technology company, is set to announce its financial results for Q3 2025 on November 5, with a conference call scheduled for November 6 to discuss these results and updates on fuel development activities [1][2]. Company Overview - Lightbridge Corporation (NASDAQ: LTBR) focuses on developing advanced nuclear fuel technology aimed at providing abundant, zero-emission clean energy and enhancing global energy security [4]. - The company is working on Lightbridge Fuel™, a proprietary next-generation nuclear fuel technology designed for existing light water reactors and pressurized heavy water reactors, which improves reactor safety, economics, and proliferation resistance [4]. - Lightbridge is also developing fuel for new small modular reactors (SMRs) to offer similar benefits while enabling load-following with renewables on a zero-carbon electric grid [4]. Strategic Partnerships and Research - Lightbridge has established two long-term framework agreements with Battelle Energy Alliance LLC, the contractor for the U.S. Department of Energy's Idaho National Laboratory, which is the leading nuclear energy research and development facility in the U.S. [5]. - 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 its fuel technology multiple times over recent years [5]. - Lightbridge is involved in two university-led studies through the DOE Nuclear Energy University Program at Massachusetts Institute of Technology and Texas A&M University [5]. Market Position - Lightbridge holds an extensive worldwide patent portfolio that supports its innovative fuel technology [5]. - The company is included in the Russell 2000® Index and the Russell 3000® Index, indicating its significant presence in the market [5].
Lightbridge Completes Loading of Capsules Containing Lightbridge Fuel Material Samples into an Experiment Assembly for Irradiation Testing in the Advanced Test Reactor
Globenewswire· 2025-10-09 11:00
Core Insights - Lightbridge Corporation has successfully completed the loading of capsules containing enriched uranium-zirconium alloy fuel material samples into an experiment assembly, which is now ready for irradiation testing at the Advanced Test Reactor (ATR) later this year [1][5]. Group 1: Achievement Highlights - The loading of capsules into the experiment assembly is a significant milestone for Lightbridge Fuel development, bringing the company closer to obtaining critical irradiation testing data necessary for regulatory approval and commercialization [3][5]. - The enriched uranium-zirconium alloy samples were manufactured under stringent quality control and process validation protocols at Idaho National Laboratory (INL) [5]. - The irradiation testing will be conducted in accordance with a Cooperative Research and Development Agreement (CRADA) between Lightbridge and INL [5]. Group 2: Future Plans and Implications - The planned irradiation testing program, along with post-irradiation examination activities, will provide essential performance data to support Lightbridge's regulatory licensing activities and advance its commercialization efforts [5]. - Lightbridge is focused on developing advanced nuclear fuel technology that enhances reactor safety, economics, and proliferation resistance, aiming to deliver clean energy solutions [15][16].
Lightbridge CEO Seth Grae to Participate at the Atlantic Council Nuclear Energy Policy Summit 2025 in New York City
Globenewswire· 2025-09-18 12:00
Core Insights - Lightbridge Corporation's CEO Seth Grae will participate in a panel discussion at the Nuclear Energy Policy Summit 2025, focusing on the nuclear energy sector's infrastructure and workforce needs as it experiences significant growth [1][2][3] Company Overview - Lightbridge Corporation is an advanced nuclear fuel technology company developing Lightbridge Fuel™, a next-generation nuclear fuel technology aimed at enhancing safety, economics, and proliferation resistance for existing and new reactors [5][6] - The company has established long-term agreements with Battelle Energy Alliance and has received support from the U.S. Department of Energy for the development of its fuel technology [6] Industry Context - The Nuclear Energy Policy Summit will address the interconnected challenges of reactor deployment, fuel innovation, and workforce development necessary for achieving global nuclear energy goals [3] - The event will gather senior government officials, industry executives, and policy experts to discuss pathways for accelerating nuclear energy deployment worldwide [3]