Lightbridge Corporation

McLean, VA, United States

Lightbridge Corporation

McLean, VA, United States

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RESTON, VA / ACCESSWIRE / May 9, 2017 / Lightbridge Corporation (NASDAQ: LTBR) will host a conference call to discuss the results of the first quarter 2017, to be held Wednesday, May 10, 2017 at 11:00 AM Eastern Time. To participate, connect approximately 5 to 10 minutes before the beginning of the event. The replay will be available beginning approximately 2 hours after the completion of the live event, ending at midnight Eastern on June 10, 2017. Lightbridge (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. The technology significantly enhances the economics and safety of nuclear power, operating about 1000° C cooler than standard fuel. Lightbridge invented, patented and has independently validated the technology, including successful demonstration of the fuel in a research reactor with near-term plans to demonstrate the fuel under commercial reactor conditions. The Company has assembled a world class development team including veterans of leading global fuel manufacturers. Four large electric utilities that generate about half the nuclear power in the US already advise Lightbridge on fuel development and deployment. The Company operates under a licensing and royalty model, independently validated and based on the increased power generated by Lightbridge-designed fuel and high ROI for operators of existing and new reactors. The economic benefits are further enhanced by anticipated carbon credits available under the Clean Power Plan. 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.


RESTON, Va., June 06, 2017 (GLOBE NEWSWIRE) -- Lightbridge Corporation (NASDAQ:LTBR), a U.S. nuclear energy company, today announced that CEO Seth Grae will present on “Innovations in Nuclear Fuels” in the opening plenary session at the American Nuclear Society (ANS) 2017 annual meeting on June 12 at the Hyatt Regency, San Francisco. “I look forward to describing the progress Lightbridge is making on developing our innovative metallic fuel that promises to make both existing and new nuclear power plants significantly more economical and safer,” Grae said. The American Nuclear Society is a not-for-profit, international, scientific and educational organization. It was established by a group of individuals who recognized the need to unify the professional activities within the various fields of nuclear science and technology. December 11, 1954, marks the Society's historic beginning at the National Academy of Sciences in Washington, D.C. ANS has since developed a diverse membership composed of approximately 11,000 engineers, scientists, administrators, and educators representing 1,600 plus corporations, educational institutions, and government agencies. Lightbridge (NASDAQ:LTBR) is a nuclear fuel technology company based in Reston, Virginia, USA. The Company develops proprietary next generation nuclear fuel technologies for current and future reactors. The technology significantly enhances the economics and safety of nuclear power, operating about 1000° C cooler than standard fuel. Lightbridge invented, patented and has independently validated the technology, including successful demonstration of the fuel in a research reactor with near-term plans to demonstrate the fuel under commercial reactor conditions. The Company has assembled a world class development team including veterans of leading global fuel manufacturers. Four large electric utilities that generate about half the nuclear power in the US already advise Lightbridge on fuel development and deployment. The Company operates under a licensing and royalty model, independently validated and based on the increased power generated by Lightbridge-designed fuel and high ROI for operators of existing and new reactors. The economic benefits are further enhanced by anticipated carbon credits available under the Clean Power Plan. 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. To receive Lightbridge Corporation updates via e-mail, subscribe at http://ir.ltbridge.com/alerts.cfm. Lightbridge is on Twitter. Sign up to follow @LightbridgeCorp at http://twitter.com/lightbridgecorp. With the exception of historical matters, the matters discussed in this news release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company's competitive position, the timing of demonstration testing and commercial production, the Company's entry into agreements with nuclear fuel manufacturers and the timing thereof, the potential impact of the U.S. Clean Power Plan and similar regulations, the Company's anticipated financial resources and position, the Company's product and service offerings, the expected market for the Company's product and service offerings. 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, the degree of market adoption of the Company's product and service offerings; market competition; dependence on strategic partners; demand for fuel for nuclear reactors; the Company's ability to manage its business effectively in a rapidly evolving market; as well as other factors described in Lightbridge's filings with the Securities and Exchange Commission. Lightbridge does not assume any obligation to update or revise any such forward-looking statements, whether as the result of new developments or otherwise.  Readers are cautioned not to put undue reliance on forward-looking statements.


RESTON, Va., June 06, 2017 (GLOBE NEWSWIRE) -- Lightbridge Corporation (NASDAQ:LTBR), a U.S. nuclear energy company, today announced that CEO Seth Grae will present on “Innovations in Nuclear Fuels” in the opening plenary session at the American Nuclear Society (ANS) 2017 annual meeting on June 12 at the Hyatt Regency, San Francisco. “I look forward to describing the progress Lightbridge is making on developing our innovative metallic fuel that promises to make both existing and new nuclear power plants significantly more economical and safer,” Grae said. The American Nuclear Society is a not-for-profit, international, scientific and educational organization. It was established by a group of individuals who recognized the need to unify the professional activities within the various fields of nuclear science and technology. December 11, 1954, marks the Society's historic beginning at the National Academy of Sciences in Washington, D.C. ANS has since developed a diverse membership composed of approximately 11,000 engineers, scientists, administrators, and educators representing 1,600 plus corporations, educational institutions, and government agencies. Lightbridge (NASDAQ:LTBR) is a nuclear fuel technology company based in Reston, Virginia, USA. The Company develops proprietary next generation nuclear fuel technologies for current and future reactors. The technology significantly enhances the economics and safety of nuclear power, operating about 1000° C cooler than standard fuel. Lightbridge invented, patented and has independently validated the technology, including successful demonstration of the fuel in a research reactor with near-term plans to demonstrate the fuel under commercial reactor conditions. The Company has assembled a world class development team including veterans of leading global fuel manufacturers. Four large electric utilities that generate about half the nuclear power in the US already advise Lightbridge on fuel development and deployment. The Company operates under a licensing and royalty model, independently validated and based on the increased power generated by Lightbridge-designed fuel and high ROI for operators of existing and new reactors. The economic benefits are further enhanced by anticipated carbon credits available under the Clean Power Plan. 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. To receive Lightbridge Corporation updates via e-mail, subscribe at http://ir.ltbridge.com/alerts.cfm. Lightbridge is on Twitter. Sign up to follow @LightbridgeCorp at http://twitter.com/lightbridgecorp. With the exception of historical matters, the matters discussed in this news release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company's competitive position, the timing of demonstration testing and commercial production, the Company's entry into agreements with nuclear fuel manufacturers and the timing thereof, the potential impact of the U.S. Clean Power Plan and similar regulations, the Company's anticipated financial resources and position, the Company's product and service offerings, the expected market for the Company's product and service offerings. 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, the degree of market adoption of the Company's product and service offerings; market competition; dependence on strategic partners; demand for fuel for nuclear reactors; the Company's ability to manage its business effectively in a rapidly evolving market; as well as other factors described in Lightbridge's filings with the Securities and Exchange Commission. Lightbridge does not assume any obligation to update or revise any such forward-looking statements, whether as the result of new developments or otherwise.  Readers are cautioned not to put undue reliance on forward-looking statements.


RESTON, Va., June 06, 2017 (GLOBE NEWSWIRE) -- Lightbridge Corporation (NASDAQ:LTBR), a U.S. nuclear energy company, today announced that CEO Seth Grae will present on “Innovations in Nuclear Fuels” in the opening plenary session at the American Nuclear Society (ANS) 2017 annual meeting on June 12 at the Hyatt Regency, San Francisco. “I look forward to describing the progress Lightbridge is making on developing our innovative metallic fuel that promises to make both existing and new nuclear power plants significantly more economical and safer,” Grae said. The American Nuclear Society is a not-for-profit, international, scientific and educational organization. It was established by a group of individuals who recognized the need to unify the professional activities within the various fields of nuclear science and technology. December 11, 1954, marks the Society's historic beginning at the National Academy of Sciences in Washington, D.C. ANS has since developed a diverse membership composed of approximately 11,000 engineers, scientists, administrators, and educators representing 1,600 plus corporations, educational institutions, and government agencies. Lightbridge (NASDAQ:LTBR) is a nuclear fuel technology company based in Reston, Virginia, USA. The Company develops proprietary next generation nuclear fuel technologies for current and future reactors. The technology significantly enhances the economics and safety of nuclear power, operating about 1000° C cooler than standard fuel. Lightbridge invented, patented and has independently validated the technology, including successful demonstration of the fuel in a research reactor with near-term plans to demonstrate the fuel under commercial reactor conditions. The Company has assembled a world class development team including veterans of leading global fuel manufacturers. Four large electric utilities that generate about half the nuclear power in the US already advise Lightbridge on fuel development and deployment. The Company operates under a licensing and royalty model, independently validated and based on the increased power generated by Lightbridge-designed fuel and high ROI for operators of existing and new reactors. The economic benefits are further enhanced by anticipated carbon credits available under the Clean Power Plan. 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. To receive Lightbridge Corporation updates via e-mail, subscribe at http://ir.ltbridge.com/alerts.cfm. Lightbridge is on Twitter. Sign up to follow @LightbridgeCorp at http://twitter.com/lightbridgecorp. With the exception of historical matters, the matters discussed in this news release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company's competitive position, the timing of demonstration testing and commercial production, the Company's entry into agreements with nuclear fuel manufacturers and the timing thereof, the potential impact of the U.S. Clean Power Plan and similar regulations, the Company's anticipated financial resources and position, the Company's product and service offerings, the expected market for the Company's product and service offerings. 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, the degree of market adoption of the Company's product and service offerings; market competition; dependence on strategic partners; demand for fuel for nuclear reactors; the Company's ability to manage its business effectively in a rapidly evolving market; as well as other factors described in Lightbridge's filings with the Securities and Exchange Commission. Lightbridge does not assume any obligation to update or revise any such forward-looking statements, whether as the result of new developments or otherwise.  Readers are cautioned not to put undue reliance on forward-looking statements.


RESTON, Va., July 19, 2017 (GLOBE NEWSWIRE) -- Lightbridge Corporation (NASDAQ:LTBR), a U.S. nuclear energy company, today announced that it has received a Notice of Allowance from the Korean Intellectual Property Office (“KIPO”) for a key divisional patent covering two major inventions: (1) Lightbridge’s innovative metallic fuel assembly design for Western-type pressurized water reactors incorporating four-lobe, helically twisted metallic fuel rods, and (2) the company’s proprietary manufacturing method for metallic fuel rods using powder metallurgy. The patent is expected to be issued once the registration fee has been paid by Lightbridge. Lightbridge’s growing patent assets in the U.S., European Union, China and South Korea, among other nuclear markets, are another milestone towards the full-scale deployment of fuel assemblies based on the Lightbridge metallic fuel design. “This latest patent expands the scope of our patent protection in South Korea, an important world nuclear market and a global supplier of nuclear technology,” said Seth Grae, President and CEO of Lightbridge Corporation. “South Korea remains the world’s fifth-largest user of nuclear energy, with more than 22 gigawatts of installed capacity producing about a third of its electricity. By expanding Lightbridge’s worldwide patent portfolio, including in South Korea, Lightbridge is positioning itself to meet the fuel demands of the world’s major nuclear markets.” South Korea has 24 nuclear power reactors in operation—including Shin Kori 3, the country’s newest unit, an APR1400 that went online in December 2016. Three additional APR1400 units are under construction in South Korea. In the United Arab Emirates, a consortium led by Korea Electric Power Corporation is constructing four APR1400 units, the first of which was completed in May 2017. KEPCO is also in advanced negotiations to pursue the construction of APR1400 units in the United Kingdom, according to recent media reports. “Lightbridge metallic fuel could be particularly attractive in South Korea. It can produce up to 30 percent more power than existing fuel in new reactor designs, while reducing operating costs and enhancing the safety of existing nuclear reactors,” Grae said. Lightbridge (NASDAQ:LTBR) is a nuclear fuel technology company based in Reston, Virginia, USA. The Company develops proprietary next generation nuclear fuel technologies for current and future reactors. The technology significantly enhances the economics and safety of nuclear power, operating about 1000° C cooler than standard fuel. Lightbridge invented, patented and has independently validated the technology, including successful demonstration of the fuel in a research reactor with near-term plans to demonstrate the fuel under commercial reactor conditions. The Company has assembled a world class development team including veterans of leading global fuel manufacturers. Four large electric utilities that generate about half the nuclear power in the US already advise Lightbridge on fuel development and deployment. The Company operates under a licensing and royalty model, independently validated and based on the increased power generated by Lightbridge-designed fuel and high ROI for operators of existing and new reactors. The economic benefits are further enhanced by anticipated carbon credits available under the Clean Power Plan. 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. To receive Lightbridge Corporation updates via e-mail, subscribe at http://ir.ltbridge.com/alerts.cfm. Lightbridge is on Twitter. Sign up to follow @LightbridgeCorp at http://twitter.com/lightbridgecorp. With the exception of historical matters, the matters discussed in this news release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the Company's competitive position, the timing of demonstration testing and commercial production, the Company's entry into agreements with nuclear fuel manufacturers and the timing thereof, the potential impact of the U.S. Clean Power Plan and similar regulations, the Company's anticipated financial resources and position, the Company's product and service offerings, the expected market for the Company's product and service offerings.  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, the degree of market adoption of the Company's product and service offerings; market competition; dependence on strategic partners; demand for fuel for nuclear reactors; the Company's ability to manage its business effectively in a rapidly evolving market; as well as other factors described in Lightbridge's filings with the Securities and Exchange Commission.  Lightbridge does not assume any obligation to update or revise any such forward-looking statements, whether as the result of new developments or otherwise.  Readers are cautioned not to put undue reliance on forward-looking statements.


Patent
Lightbridge Corporation | Date: 2017-07-26

A fuel assembly for use in a core of a nuclear power reactor. The assembly includes a frame shaped and configured to fit within the nuclear reactor internal core structure; and a plurality of helically twisted fuel elements supported by the frame in a fuel rod bundle. Each of the fuel elements includes fissile material. When viewed in a cross-section that is perpendicular to an axial direction of the fuel assembly, the outermost fuel elements of the fuel rod bundle define a substantially circular perimeter. Other features, and a nuclear reactor, are also described.


News Article | February 28, 2017
Site: globenewswire.com

RESTON, Va., Feb. 28, 2017 (GLOBE NEWSWIRE) -- Lightbridge Corporation (NASDAQ:LTBR), a U.S. nuclear fuel technology company, today announced that it will present at CleanEquity Monaco 2017 on March 9th & 10th at the Fairmont Monte Carlo. CleanEquity is an annual invitation-only event hosted by Innovator Capital, the London based specialist investment bank. The conference provides an intimate and collegiate setting for inventors and entrepreneurs to share their stories with delegates - key decision makers looking to assist them with reaching their commercial and strategic goals. Other partners and sponsors include Prince Albert II of Monaco’s Foundation, Covington & Burling, Cisco EIR, Cision, Cranfield University, Hobbs & Towne, the Monaco Economic Board, Parkview and the Social Stock Exchange. Lightbridge has been identified by an expert panel as one of the world’s most innovative sustainable technology companies and has been selected to present to senior financial and strategic cleantech investors, policy makers, legislators, end users and media. Innovator Capital, established in 2003, is a specialist investment bank advising emerging technology companies on corporate finance, mergers and acquisitions. Its expertise includes intellectual property and multinational strategic partnering. Lightbridge (NASDAQ:LTBR) is a nuclear fuel technology company based in Reston, Virginia, USA. The Company develops proprietary next generation nuclear fuel technologies for current and future reactors. The technology significantly enhances the economics and safety of nuclear power, operating about 1000° C cooler than standard fuel. Lightbridge invented, patented and has independently validated the technology, including successful demonstration of the fuel in a research reactor with near-term plans to demonstrate the fuel under commercial reactor conditions. The Company has assembled a world class development team including veterans of leading global fuel manufacturers. Four large electric utilities that generate about half the nuclear power in the US already advise Lightbridge on fuel development and deployment. The Company operates under a licensing and royalty model, independently validated and based on the increased power generated by Lightbridge-designed fuel and high ROI for operators of existing and new reactors. The economic benefits are further enhanced by anticipated carbon credits available under the Clean Power Plan. 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. To receive Lightbridge Corporation updates via e-mail, subscribe at http://ir.ltbridge.com/alerts.cfm. Lightbridge is on Twitter. Sign up to follow @LightbridgeCorp at http://twitter.com/lightbridgecorp.


RESTON, Va., March 01, 2017 (GLOBE NEWSWIRE) -- Lightbridge Corporation (NASDAQ:LTBR), a U.S. nuclear fuel technology company, today announced that it has been invited to present at two upcoming events at the Massachusetts Institute of Technology (MIT). On Thursday, March 2nd, Seth Grae, CEO, and Jim Malone, Chief Nuclear Fuel Development Officer, will guest lecture at the MIT Department of Nuclear Science and Engineering regarding Lightbridge fuel. The title of the lecture will be: “Shifting the Fuel Paradigm for Light-Water Reactors (LWR).” The event will be part of the MIT Energy Initiative (MITei) Seminar Series. On Friday, March 3rd, Seth Grae, CEO, will participate in a panel discussion at the MIT Energy Conference. The theme of the conference is: “Balance of Power: Enabling the Next Energy Paradigm.” Mr. Grae will discuss Lightbridge fuel for use in existing reactors on a panel entitled: “Everything Old is New Again.” The conference and panel website is available at: https://www.mitenergyconference.org/everything-old-is-new-again. Lightbridge (NASDAQ:LTBR) is a nuclear fuel technology company based in Reston, Virginia, USA. The Company develops proprietary next generation nuclear fuel technologies for current and future reactors. The technology significantly enhances the economics and safety of nuclear power, operating about 1000° C cooler than standard fuel. Lightbridge invented, patented and has independently validated the technology, including successful demonstration of the fuel in a research reactor with near-term plans to demonstrate the fuel under commercial reactor conditions. The Company has assembled a world class development team including veterans of leading global fuel manufacturers. Four large electric utilities that generate about half the nuclear power in the US already advise Lightbridge on fuel development and deployment. The Company operates under a licensing and royalty model, independently validated and based on the increased power generated by Lightbridge-designed fuel and high ROI for operators of existing and new reactors. The economic benefits are further enhanced by anticipated carbon credits available under the Clean Power Plan. 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. To receive Lightbridge Corporation updates via e-mail, subscribe at http://ir.ltbridge.com/alerts.cfm. Lightbridge is on Twitter. Sign up to follow @LightbridgeCorp at http://twitter.com/lightbridgecorp.


Patent
Lightbridge Inc. | Date: 2010-11-18

Disclosed are systems and methods of authenticating a user on a network, including, based on identity information received from the user, accessing at least one data source to retrieve data associated with the user, comparing the retrieved data against a listing of possible questions associated with the retrieved data to determine associations between the retrieved data and the listing of possible questions, based on a ranking of the listing of possible questions, formulating at least one question set using questions within the listing of possible questions for which retrieved data is available, where each of the at least one question set includes at least two different questions, causing at least some of the questions from the at least one question set to be presented to the user, and, based on responses to the questions from the user, determining whether the user is authenticated.


Patent
Lightbridge Corporation | Date: 2015-09-16

A fuel assembly for use in a core of a nuclear power reactor. The assembly includes a frame shaped and configured to fit within the nuclear reactor internal core structure; and a plurality of helically twisted fuel elements supported by the frame in a fuel rod bundle. Each of the fuel elements includes fissile material. When viewed in a cross-section that is perpendicular to an axial direction of the fuel assembly, the outermost fuel elements of the fuel rod bundle define a substantially circular perimeter. Other features, and a nuclear reactor, are also described.

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