Lightbridge and Oklo Sign MOU to Explore Co-Location of Commercial Fuel Fabrication Facilities and Collaboration on Advanced Fuel Recycling
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) e Oklo Inc. (NYSE: OKLO) hanno firmato un Memorandum di Intesa (MOU) per esplorare opportunità di collaborazione strategica. L'accordo si concentra su due aspetti principali: la realizzazione di uno studio di fattibilità per co-localizzare i loro impianti di fabbricazione di combustibile commerciale e l'esplorazione di opportunità nel riciclo dei rifiuti nucleari.
La potenziale co-localizzazione degli impianti ha l'obiettivo di generare sinergie significative sia in termini di spese di capitale iniziali che di costi operativi continuativi. Questa collaborazione rappresenta un passo strategico per avanzare verso soluzioni energetiche pulite e innovazione lungo la catena di fornitura nucleare, con entrambe le aziende impegnate a sviluppare soluzioni energetiche nucleari sostenibili e tecnologie energetiche a basse emissioni di carbonio e convenienti.
Lightbridge (Nasdaq: LTBR) y Oklo Inc. (NYSE: OKLO) han firmado un Memorando de Entendimiento (MOU) para explorar oportunidades de colaboración estratégica. El acuerdo se centra en dos aspectos principales: llevar a cabo un estudio de viabilidad para co-localizar sus instalaciones comerciales de fabricación de combustible y explorar oportunidades en el reciclaje de residuos nucleares.
La posible co-localización de las instalaciones tiene como objetivo generar sinergias significativas tanto en los gastos de capital iniciales como en los costos operativos continuos. Esta colaboración representa un paso estratégico para avanzar en soluciones de energía limpia e innovación a lo largo de la cadena de suministro nuclear, con ambas empresas comprometidas a desarrollar soluciones de energía nuclear sostenibles y tecnologías energéticas rentables y libres de carbono.
라이트브리지 (Nasdaq: LTBR)와 옥로 주식회사 (NYSE: OKLO)는 전략적 협력 기회를 탐색하기 위해 양해각서(MOU)를 체결했습니다. 이 협정은 두 가지 주요 측면에 중점을 두고 있습니다: 상업용 연료 생산 시설의 공동 위치로서의 타당성 조사를 수행하는 것과 핵 폐기물 재활용 기회를 탐색하는 것입니다.
시설의 공동 위치는 초기 자본 지출 및 지속적인 운영 비용 모두에서 상당한 시너지를 창출하는 것을 목표로 합니다. 이 협력은 청정 에너지 솔루션과 원자력 공급망 전반의 혁신을 진전시키기 위한 전략적 단계를 나타내며, 양사는 지속 가능한 핵 에너지 솔루션 및 비용 효율적이고 탄소가 없는 에너지 기술 개발에 전념하고 있습니다.
Lightbridge (Nasdaq: LTBR) et Oklo Inc. (NYSE: OKLO) ont signé un protocole d'accord (MOU) pour explorer des opportunités de collaboration stratégique. L'accord se concentre sur deux aspects principaux : réaliser une étude de faisabilité pour co-localiser leurs installations de fabrication de combustible commercial et explorer les possibilités de recyclage des déchets nucléaires.
La co-localisation potentielle des installations vise à générer des synergies significatives tant en matière de dépenses d'investissement initiales que de coûts opérationnels futurs. Cette collaboration représente une étape stratégique dans l'avancement de solutions énergétiques propres et d'innovations à travers la chaîne d'approvisionnement nucléaire, avec les deux entreprises engagées à développer des solutions énergétiques nucléaires durables et des technologies énergétiques rentables et sans carbone.
Lightbridge (Nasdaq: LTBR) und Oklo Inc. (NYSE: OKLO) haben ein Memorandum of Understanding (MOU) unterzeichnet, um strategische Kooperationsmöglichkeiten zu erkunden. Die Vereinbarung konzentriert sich auf zwei Hauptaspekte: die Durchführung einer Machbarkeitsstudie zur Ko-Lokalisierung ihrer kommerziellen Brennstoffproduktionsstätten und die Erkundung von Möglichkeiten im Recycling von nuklearem Abfall.
Die potenzielle Ko-Lokalisierung der Anlagen zielt darauf ab, signifikante Synergien sowohl bei den anfänglichen Investitionsausgaben als auch bei den laufenden Betriebskosten zu erzeugen. Diese Zusammenarbeit stellt einen strategischen Schritt zur Förderung sauberer Energielösungen und Innovationen entlang der nuklearen Lieferkette dar, wobei beide Unternehmen sich verpflichtet haben, nachhaltige Kernenergie-Lösungen und kosteneffiziente, kohlenstofffreie Energietechnologien zu entwickeln.
- Potential reduction in capital expenditures through facility co-location
- Expected operational cost savings from shared facilities
- Strategic partnership with potential synergies in nuclear fuel development
- MOU is non-binding and preliminary in nature
- Feasibility study outcomes uncertain
- Timeline for implementation not specified
Insights
The strategic partnership between Lightbridge and Oklo marks a significant development in the nuclear energy sector, potentially reshaping the economics of advanced nuclear fuel production. Co-location of fuel fabrication facilities could yield substantial operational synergies, potentially reducing capital expenditures by 20-30% through shared infrastructure, security systems and regulatory compliance resources.
This collaboration is particularly noteworthy as it combines Lightbridge's metallic fuel technology with Oklo's innovative reactor designs and recycling capabilities. The vertical integration potential could create a more resilient supply chain, addressing critical bottlenecks in the advanced nuclear sector. Market dynamics suggest this partnership could accelerate commercialization timelines for both companies, potentially creating a competitive advantage in the rapidly evolving advanced nuclear market.
The waste recycling aspect is especially significant from an economic perspective. Nuclear waste recycling could reduce fuel costs while addressing a critical industry challenge. This positions both companies favorably amid growing regulatory pressure for sustainable nuclear solutions and could attract increased institutional investment in the sector.
While the MOU is preliminary, the strategic alignment between these companies could catalyze broader industry consolidation and standardization in advanced nuclear fuel technology. The market implications extend beyond immediate cost savings to potentially establishing a new paradigm for integrated nuclear fuel cycle operations.
Oklo Aurora powerhouse (Image: Gensler)
Seth Grae, President and CEO of Lightbridge, commented: “This collaboration with Oklo represents an important strategic step in shaping the future of clean energy. The potential co-location of our commercial fuel fabrication facilities could offer significant synergies in terms of upfront capital expenditures and ongoing operating costs. Furthermore, exploring advanced fuel recycling opportunities with Oklo aligns perfectly with our commitment to sustainable nuclear energy solutions.”
Jacob DeWitte, Co-founder and CEO of Oklo added, “Collaborating with Lightbridge represents a unique opportunity to accelerate innovation across the nuclear supply chain. The potential to co-locate facilities and collaborate on cutting-edge technologies is aligned with our commitment to delivering cost-effective, carbon-free energy solutions. Together, we are exploring new frontiers in nuclear fuel development and recycling to ensure a cleaner and more sustainable energy future.”
About Oklo Inc.
Oklo Inc. is developing advanced nuclear power plants to provide clean, reliable, and affordable energy at scale. Oklo received a site use permit from the
About Lightbridge Corporation
Lightbridge Corporation (NASDAQ: LTBR) is focused on developing advanced nuclear fuel technology essential for delivering abundant, zero-emission, clean energy and providing energy security to the world. Lightbridge is developing Lightbridge Fuel™, a proprietary next-generation nuclear fuel technology for existing light water reactors and pressurized heavy water reactors, significantly enhancing reactor safety, economics, and proliferation resistance. Lightbridge is also developing Lightbridge Fuel for new small modular reactors (SMRs) to bring the same benefits plus load-following with renewables on a zero-carbon electric grid.
Lightbridge has entered into two long-term framework agreements with Battelle Energy Alliance LLC, the United States Department of Energy’s operating contractor for Idaho National Laboratory, the United States’ lead nuclear energy research and development laboratory. DOE’s Gateway for Accelerated Innovation in Nuclear program has twice awarded Lightbridge to support the development of Lightbridge Fuel over the past several years. Lightbridge is participating in two university-led studies through the DOE Nuclear Energy University Program at Massachusetts Institute of Technology and Texas A&M University. An extensive worldwide patent portfolio backs Lightbridge’s innovative fuel technology. Lightbridge is included in the Russell Microcap® Index. For more information, please visit www.ltbridge.com.
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Forward Looking Statements
Oklo Inc.
This press release includes statements that express Oklo’s opinions, expectations, objectives, beliefs, plans, intentions, strategies, assumptions, forecasts or projections regarding future events or future results and therefore are, or may be deemed to be, “forward-looking statements.” The words “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intends,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” or, in each case, their negative or other variations or comparable terminology, and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. These forward-looking statements include all matters that are not historical facts. They appear in a number of places throughout this press release and include statements regarding our intentions, beliefs or current expectations concerning, among other things, the goals and benefits of the MOU, results of operations, financial condition, liquidity, prospects, growth, strategies and the markets in which Oklo operates. Such forward-looking statements are based on information available as of the date of this press release, and current expectations, forecasts and assumptions, and involve a number of judgments, risks and uncertainties.
As a result of a number of known and unknown risks and uncertainties, the actual results or performance of Oklo may be materially different from those expressed or implied by these forward-looking statements. The following important risk factors could affect Oklo’s future results and cause those results or other outcomes to differ materially from those expressed or implied in the forward-looking statements: risks related to the deployment of Oklo’s powerhouses; the risk that Oklo is pursuing an emerging market, with no commercial project operating, regulatory uncertainties; the potential need for financing to construct plants, market, financial, political and legal conditions; the effects of competition; the risk that a binding agreement with Lightbridge does not materialize or fails to produce the expected benefits; changes in applicable laws or regulations; and the outcome of any government and regulatory proceedings and investigations and inquiries.
The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties of the other documents filed by Oklo from time to time with the
Source: Oklo Inc.
Lightbridge Corp.
With the exception of historical matters, the matters discussed herein are forward-looking statements. These statements are based on current expectations on the date of this news release and involve a number of risks and uncertainties that may cause actual results to differ significantly from such estimates. The risks include, but are not limited to: Lightbridge’s ability to commercialize its nuclear fuel technology; the degree of market adoption of Lightbridge’s product and service offerings; Lightbridge’s ability to fund general corporate overhead and outside research and development costs; market competition; our ability to attract and retain qualified employees; dependence on strategic partners; Lightbridge’s ability to enter into strategic definitive agreements; demand for fuel for nuclear reactors; Lightbridge’s ability to manage its business effectively in a rapidly evolving market; the availability of nuclear test reactors and the risks associated with unexpected changes in Lightbridge’s fuel development timeline; the increased costs associated with metallization of Lightbridge’s nuclear fuel; public perception of nuclear energy generally; changes in the political environment; risks associated with war in
A further description of risks and uncertainties can be found in Lightbridge’s Quarterly Report on Form 10-Q for the period ended September 30, 2024, Annual Report on Form 10-K for the fiscal year ended December 31, 2023, and in its other filings with the SEC, including in the sections thereof captioned “Risk Factors” and “Forward-Looking Statements”, all of which are available at http://www.sec.gov/ and www.ltbridge.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250128919640/en/
Investor Relations Contact:
Matthew Abenante, IRC
Director of Investor Relations
Tel: +1 (347) 947-2093
ir@ltbridge.com
Media and Investor Contact for Oklo:
Bonita Chester, Head of Communications and Media at media@oklo.com
Investor Contact:
Sam Doane, Director of Investor Relations at investors@oklo.com
Source: Oklo Inc.
FAQ
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