Lightbridge Corp Stock Price, News & Analysis

Lightbridge Corporation (LTBR) announced it will release its financial results for the fiscal year ending December 31, 2021, before the market opens on March 9, 2022. A conference call is scheduled for March 10, 2022, at 11:00 a.m. ET to discuss the results and provide updates on fuel development activities. Interested parties can access the call via phone or webcast. Lightbridge is developing proprietary nuclear fuel technology aimed at enhancing reactor safety and economic efficiency, backed by a robust patent portfolio and two awards from the U.S. Department of Energy.

Lightbridge Corporation (NASDAQ: LTBR) announced media interviews featuring President and CEO Seth Grae discussing critical topics related to nuclear energy, particularly in light of the ongoing Ukraine crisis. Grae's interviews aired on Newsy and are scheduled for NBC News NOW and Market On Close on February 25, 2022. He highlighted Lightbridge Fuel™, the company's next-generation nuclear fuel technology, designed to improve safety and economic viability for small modular reactors. Lightbridge aims to support carbon-free energy solutions while addressing rising oil and gas prices.

Lightbridge Corporation (LTBR) announced that Dr. Aaron Totemeier has joined the Small Modular Reactors (SMR) Working Group under the U.S. Department of Commerce. This appointment is aimed at enhancing export opportunities for U.S. SMRs in Europe, addressing rising energy costs, and improving energy security. CEO Seth Grae emphasized the importance of Lightbridge Fuel™ in supporting SMR deployment, enhancing reactor safety, and providing economic advantages. The SMR Working Group will facilitate collaboration between U.S. and European entities.

Lightbridge Corporation (LTBR), a leader in advanced nuclear fuel technology, announced that CEO Seth Grae will appear on Bloomberg Radio and TD Ameritrade Network to discuss their innovative Lightbridge Fuel™. This next-generation nuclear fuel is designed to boost safety and economic performance for both existing light-water reactors and next-gen small modular reactors. The free broadcasts will highlight the potential of nuclear energy amidst rising oil and gas prices and emphasize the company's commitment to carbon-free energy solutions.

Lightbridge Corporation (LTBR) announced the receipt of a Notice of Allowance for a divisional patent from the U.S. Patent Office, enhancing its innovative metallic nuclear fuel assembly technology for pressurized water reactors. This patent broadens claims regarding the cladding design of fuel rods, improving performance and retrofitting capabilities in existing reactors. CEO Seth Grae emphasized the company's commitment to commercializing Lightbridge Fuel™ and the ongoing development of new intellectual property to enhance reactor safety and economic viability.

Lightbridge Corporation (LTBR) announced its third-quarter results for 2021, reporting a net loss of $1.9 million, down from $3.1 million in Q3 2020. The company had $16.1 million in cash, a decline from $21.5 million since year-end 2020. Operating cash outflows increased to $8.8 million primarily due to the dissolution of the Enfission joint venture and related legal costs. Lightbridge commenced its second GAIN voucher project focusing on fuel manufacturing, demonstrating progress in its nuclear fuel development. The company’s Board is now seven members strong, with new ESG oversight actions in place.

Lightbridge Corporation (LTBR) announced a Notice of Allowance for a divisional patent from the U.S. Patent Office concerning its innovative metallic nuclear fuel assembly. This patent expands claims for a mixed grid pattern design, essential for retrofitting existing and new nuclear reactors. CEO Seth Grae emphasized that this milestone strengthens the company's intellectual property and supports its strategy for commercialization. Lightbridge is focused on enhancing nuclear power's safety and economics, with patents pending in multiple countries.

Lightbridge Corporation (LTBR) announced its third-quarter financial results will be released on November 8, 2021, prior to market opening. A conference call will follow at 4 PM ET on the same day to discuss the results and updates on fuel development activities. Lightbridge specializes in advanced nuclear fuel technology, aiming to enable carbon-free energy solutions. The company continues to develop its proprietary Lightbridge Fuel™, which enhances safety and efficiency in nuclear reactors, and is recognized in the Russell Microcap® Index.

Lightbridge Corporation (Nasdaq: LTBR) has announced a significant milestone in its collaboration with the Idaho National Laboratory (INL) under the U.S. Department of Energy's GAIN program. The company successfully established a design and safety case for testing its proprietary Lightbridge Fuel in the Advanced Test Reactor (ATR). The project will test key thermophysical properties of Lightbridge Fuel, with plans for sample insertion following the ATR's maintenance outage. The initiative aligns with the DOE's goals for energy innovation and nuclear research.