Welcome to our dedicated page for Lightbridge news (Ticker: LTBR), a resource for investors and traders seeking the latest updates and insights on Lightbridge stock.
Lightbridge Corporation (NASDAQ: LTBR), headquartered in Reston, Virginia, is a pioneering company in the field of nuclear fuel technology. Established in 1992 and formerly known as Thorium Power, Ltd. until its rebranding in 2009, Lightbridge is dedicated to the development and commercialization of advanced metallic nuclear fuels focused on enhancing the safety and efficiency of nuclear reactors.
The company's core business revolves around its Nuclear Fuel Technology segment, which aims to revolutionize the nuclear power industry. By developing next-generation nuclear fuel technology, Lightbridge seeks to increase the power output of commercial reactors while significantly reducing the cost of electricity generation. This innovative approach not only improves the economic feasibility of nuclear power but also addresses critical global challenges such as climate change and air pollution.
Recent achievements highlight Lightbridge's ongoing progress. The company continues to make strides in its research and development efforts, as well as its strategic partnerships and collaborations with major stakeholders in the nuclear energy sector. One key milestone includes the recent announcement of its financial results for the first quarter ended March 31, 2024, reflecting the company's strong fiscal management and commitment to advancing its technologies.
Lightbridge's metallic nuclear fuels are designed to enhance the safety and performance of both existing and new nuclear reactors. These fuels are engineered to withstand higher temperatures and radiation levels, thereby offering greater resistance and reliability. By improving the operational efficiency of nuclear power plants, Lightbridge's technology has the potential to make a significant impact on the global energy landscape.
The company's commitment to innovation is further exemplified by its active engagement in industry conferences and events. Lightbridge regularly hosts conference calls to provide updates on its progress and to foster transparent communication with investors, stakeholders, and the public. For example, recent calls include those held on February 29 at 10 a.m. ET and May 10 at 11 a.m. ET.
For further insights and updates on Lightbridge's developments, including photos and detailed announcements, visit this link, this link, and this link.
In summary, Lightbridge Corporation stands at the forefront of nuclear fuel technology, driving advancements that promise to reshape the energy sector. With a focus on safety, efficiency, and sustainability, Lightbridge is poised to make a lasting impact on the future of nuclear power.
Lightbridge Corporation (LTBR) has postponed the release of its Fiscal Year 2021 financial results as it finalizes its financials. A press release with the results will be issued once complete. Meanwhile, the company will proceed with its Business Update Conference call scheduled for today at 11 am ET, where financial results won't be discussed. Lightbridge Corporation focuses on advanced nuclear fuel technology aimed at enabling carbon-free energy applications and is developing Lightbridge Fuel™ for Small Modular Reactors and existing light-water reactors.
Lightbridge Corporation (Nasdaq: LTBR) announced its CEO, Seth Grae, was scheduled for an interview on FOX News Channel’s "Hannity" show. However, the interview has been postponed due to breaking news, with an updated announcement to follow. Lightbridge is focused on developing advanced nuclear fuel technologies, particularly Lightbridge Fuel™, for Small Modular Reactors and existing light-water reactors. The company has received support from the U.S. Department of Energy and holds a diverse patent portfolio. Lightbridge is included in the Russell Microcap® Index.
Lightbridge Corporation (NASDAQ: LTBR) announced that CEO Seth Grae will appear on FOX News Channel’s Hannity show on March 9, 2022, at 9 PM ET. During the interview, Grae will discuss the Ukraine crisis and the role of nuclear power in enhancing energy security amidst ongoing global tensions. This appearance follows several others in which Grae addressed the situation at key Ukrainian nuclear facilities. Lightbridge is focused on developing Lightbridge Fuel™, a next-generation nuclear fuel technology aimed at advancing safe, carbon-free energy solutions.
Lightbridge Corporation (Nasdaq: LTBR) announces CEO Seth Grae's scheduled interview on FOX Business regarding the Ukraine situation, particularly focusing on the Zaporizhzhia and Chernobyl nuclear plants. This media appearance comes in light of ongoing geopolitical tensions. Grae has previously spoken on several networks, discussing the potential risks associated with nuclear energy in conflict zones. Lightbridge continues to develop its proprietary Lightbridge Fuel™ technology aimed at enhancing nuclear reactor safety and efficiency. The company is recognized in the Russell Microcap® Index.
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.
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