Lightbridge CEO to Discuss Benefits of the Company’s Advanced Metallic Nuclear Fuel on Varney & Co. on Fox Business Network
RESTON, Va., May 10, 2018 (GLOBE NEWSWIRE) -- Lightbridge Corporation (NASDQ:LTBR), a nuclear fuel technology company, today announced that Seth Grae, CEO of Lightbridge, is scheduled to appear on Varney & Co. on the Fox Business Network at 11:50 AM Eastern this morning to discuss the benefits of the Company’s advanced metallic nuclear fuel.
The segment can also be viewed online at: https://www.foxbusiness.com/fbntv.
Varney & Co. is a daily morning news/talk program hosted by British-American economic and political commentator Stuart Varney on Fox Business on weekdays 9 AM – 12 PM ET. The show includes market coverage, current events coverage, and interviews and commentary with Wall Street experts.
About Lightbridge Corporation
Lightbridge (NASDAQ:LTBR) is a nuclear fuel technology development company based in Reston, Virginia, USA. The Company develops proprietary next generation nuclear fuel technologies for current and future reactors, which significantly enhances the economics and safety of nuclear power, operating about 1000° C cooler than standard fuel. In January 2018, Lightbridge and Framatome, Inc. formed a 50-50 joint venture, Enfission, LLC, to develop, license, manufacture, and sell nuclear fuel assemblies based on Lightbridge-designed metallic fuel technology and other advanced nuclear fuel intellectual property. Enfission has the exclusive rights to this technology and is responsible for the development of manufacturing processes and fuel assembly designs for pressurized water reactors (PWRs), boiling water reactors (BWRs), water-cooled small modular reactors, and water-cooled research reactors developed around this intellectual property. PWRs and BWRs constitute the most widely used reactor types in the world. Four large electric utilities that generate about half the nuclear power in the US already advise Lightbridge on fuel development and deployment. In addition to distributions from Enfission based on the parties’ ownership interest in the joint venture, Lightbridge anticipates receiving future licensing revenues in connection with sales by Enfission of nuclear fuel incorporating its intellectual property. Lightbridge also provides comprehensive advisory services for established and emerging nuclear programs based on a philosophy of transparency, non-proliferation, safety and operational excellence. For more information please visit: www.ltbridge.com.
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Investor Relations Contact:
David Waldman/Natalya Rudman
Tel. +1 855-379-9900
ir@ltbridge.com
Released May 10, 2018