Lightbridge Corp Stock Price, News & Analysis

Lightbridge CEO Seth Grae appeared on Schwab Network's "Morning Trade Live" to discuss nuclear energy's vital role in meeting global power demands. The interview highlighted three key points:

• Growing energy demand from data centers supporting AI technologies and industries seeking decarbonization
• Nuclear power's advantage over intermittent renewable sources like solar and wind for constant power needs
• U.S. plans to triple global nuclear power capacity by 2050, potentially adding 200 large reactors domestically

Grae emphasized how Lightbridge Fuel technology could enhance power output from existing plants and improve economics for new facilities. He projected nuclear power could grow from current 19% to over 50% of U.S. electricity by 2050, supporting American energy independence and reducing allies' reliance on Russian fossil fuels.

Lightbridge (LTBR) reported its fiscal year 2024 financial results and business updates. The company's working capital increased to $39.9 million from $28.3 million year-over-year, with cash and equivalents rising to $40.0 million.

Key operational highlights include successful collaboration with Idaho National Laboratory, achieving casting and extrusion of uranium-zirconium samples. MIT's technical evaluation showed promising safety and performance benefits for Lightbridge Fuel™, demonstrating improved thermal-hydraulic margins and lower operating temperatures.

Financial results show increased R&D expenses to $4.6 million (up from $1.9 million), and general administrative expenses of $8.5 million (up from $7.1 million). The company reported a net loss of $11.8 million for 2024, compared to $7.9 million in 2023. Lightbridge plans to invest approximately $17 million in R&D for 2025.

Lightbridge (Nasdaq: LTBR), an advanced nuclear fuel technology company, has scheduled its fiscal year 2024 earnings announcement for Wednesday, February 26, 2024, after market close. The company will host a conference call and audio webcast on Thursday, February 27, at 10:00 a.m. ET to discuss financial results and provide updates on fuel development activities.

The conference call will be led by Seth Grae, President and CEO, with other executives available for questions. Investors can submit questions via email to ir@ltbridge.com by February 21. Participants are encouraged to dial in fifteen minutes before the scheduled start time to avoid delays.

Lightbridge (Nasdaq: LTBR) has achieved a significant milestone in its nuclear fuel development by successfully performing a co-extrusion demonstration at Idaho National Laboratory (INL). The process involved creating a coupon sample combining depleted uranium-zirconium alloy with nuclear-grade zirconium alloy cladding.

The demonstration produced an 8-foot cylindrical rod through a process of pressing the metallic alloy billet encased in zirconium alloy cladding through a die. This achievement is part of Lightbridge's Strategic Partnership Project Agreement with Battelle Energy Alliance , INL's operating contractor.

The uranium-zirconium alloy used matches the composition planned for future commercial Lightbridge Fuel™. The next steps involve analyzing the co-extruded sample and preparing for future production using enriched uranium, which will undergo testing in INL's Advanced Test Reactor (ATR) to generate critical irradiation performance data and support regulatory licensing efforts.

Lightbridge (Nasdaq: LTBR) announced CEO Seth Grae's participation in three major nuclear industry events this February 2025. At the Nuclear Energy Institute's Nuclear Financing Summit (Feb 11-12) in New York, Grae will join leaders from Google and Oklo to discuss strategic partnerships in nuclear projects, focusing on industrial applications and data center support.

At the Asia Pacific Nuclear Energy 2025 Forum (Feb 18-20) in Tokyo, Grae will deliver a keynote address and moderate a panel on energy security. He will also participate in discussions about nuclear financing and risk mitigation. The third event is the Southeastern Energy Conference at Georgia Tech (Feb 28), where Grae will join the 'Nuclear Energy around the World' panel.

These events will address important industry topics including energy security, financing mechanisms, and nuclear power's role in providing clean energy for data centers. The APNE25 visit will include a tour of the Fukushima site.

Lightbridge (Nasdaq: LTBR) has signed a Memorandum of Understanding (MOU) with Oklo Inc. (NYSE: OKLO) to explore strategic collaboration opportunities. The agreement focuses on two main aspects: conducting a feasibility study for co-locating their commercial fuel fabrication facilities and exploring potential collaboration in nuclear waste recycling.

The proposed co-location of facilities aims to achieve significant synergies in both upfront capital expenditures and ongoing operational costs. Both companies' CEOs emphasized the strategic importance of this collaboration in advancing clean energy solutions and accelerating innovation across the nuclear supply chain.

Lightbridge (Nasdaq: LTBR) and Oklo Inc. (NYSE: OKLO) have signed a Memorandum of Understanding (MOU) to explore strategic collaboration opportunities. The agreement focuses on two main aspects: conducting a feasibility study for co-locating their commercial fuel fabrication facilities and exploring opportunities in nuclear waste recycling.

The potential co-location of facilities aims to generate significant synergies in both upfront capital expenditures and ongoing operational costs. This collaboration represents a strategic step in advancing clean energy solutions and innovation across the nuclear supply chain, with both companies committed to developing sustainable nuclear energy solutions and cost-effective, carbon-free energy technologies.

Lightbridge (Nasdaq: LTBR), an advanced nuclear fuel technology company, has announced its participation in the 27th Annual Needham Growth Conference on January 17, 2025. CEO Seth Grae will conduct one-on-one meetings with institutional investors to discuss the company's recent progress in nuclear fuel development.

The discussions will center on Lightbridge's innovative approach to enhancing power output in existing reactors while improving safety and extending fuel cycles. Grae will also address the company's position in the nuclear energy sector and its alignment with global goals to triple nuclear energy capacity by 2050 to meet increasing clean energy demands.

Institutional investors can arrange meetings through their Needham representative or by contacting Lightbridge's investor relations team at IR@ltbridge.com.

Lightbridge (Nasdaq: LTBR) welcomes the signing of a Memorandum of Understanding (MOU) between the U.S. Nuclear Regulatory Commission (NRC) and Department of Energy (DOE) to advance advanced nuclear fuels development. The MOU, signed under the ADVANCE Act of 2024, creates a framework for sharing technical expertise and knowledge between the agencies.

The agreement focuses on accelerating development, testing, and regulatory evaluation of advanced nuclear fuels, including accident-tolerant and advanced reactor fuels. Key aspects include data sharing, utilizing DOE research facilities, and improving safety analysis. This collaboration aims to expedite qualification and licensing processes for meeting clean energy demands.

Lightbridge's CEO Seth Grae emphasized how this development supports their Lightbridge Fuel™ progress, which is designed for increased power output, extended fuel cycles, and enhanced safety.