Lightbridge will participate in the US Nuclear Waste
RESTON, Va., May 5, 2021 (GLOBE NEWSWIRE) – Lightbridge Corporation (Nasdaq: LTBR), an advanced nuclear fuel technology company, today announced that Dr. Aaron Totemeier, vice president, Fuel Cycle Technology and Fuel Manufacturing at Lightbridge Corporation, will attend the U.S. Nuclear Waste Technical Review Board (NWTRB) meeting on May 12-13, 2021.
Dr Totemeier will give a presentation on Wednesday, May 12 at 1:30 p.m. ET (exact time is tentative), discussing Lightbridge’s advanced nuclear fuels for light water reactors and the impact of these fuels on management and storage of used nuclear fuel. Dr. Totemeier will also join a panel discussion on Thursday, May 13 at 2:55 p.m. ET (exact time is tentative) to discuss the impacts of new fuel designs on the end of the nuclear fuel cycle, which includes the management of nuclear fuel. spent fuel, transport, storage and disposal.
Lightbridge’s robust metallic fuel design offers many safety and economic benefits during reactor operation, and many fuel characteristics are expected to result in improved safety during interim and long-term storage. Fuel can also be recycled using existing reprocessing technologies.
For more information on this event, please visit https://www.nwtrb.gov/meetings.
About Lightbridge Corporation
Lightbridge (NASDAQ: LTBR) is a leading nuclear fuel technology development company positioned to enable carbon-free energy applications that will be critical to preventing climate change. The company is developing Lightbridge Fuel ™, a proprietary next-generation nuclear fuel technology for small modular reactors, as well as existing light water reactors, dramatically improving reactor safety, economy and resistance to nuclear proliferation. combustible. To date, Lightbridge has been twice awarded the US Department of Energy’s Gateway for Accelerated Innovation in Nuclear program to support the development of Lightbridge Fuel ™. Lightbridge’s innovative fuel technology is backed by more than 200 global patents. The company has assembled a world-class development team dedicated to bringing Lightbridge Fuel ™ to scale as quickly as possible. For more information, please visit: www.ltbridge.com.
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With the exception of historical matters, the matters discussed here are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the timing and outcome of research and development activities, other stages of commercialization. of Lightbridge Fuel ™ and future government support and funding for nuclear power. These statements are based on current expectations as of the date of this press release and involve a number of risks and uncertainties which may cause actual results to differ materially from these estimates. Risks include, but are not limited to: the Company’s ability to commercialize its nuclear fuel technology; the degree of market adoption of the Company’s product and service offerings; the company’s ability to finance general corporate overheads and external research and development costs; competition in the market; our ability to attract and retain qualified employees; dependence on strategic partners; fuel demand for nuclear reactors, including small modular reactors; the company’s ability to effectively manage its business in a rapidly changing market; the availability of nuclear test reactors and the risks associated with unforeseen changes in the Company’s fuel development schedule; the increased costs associated with the metallization of our nuclear fuel; public perception of nuclear energy in general; changes in the political environment; the risks associated with the spread of COVID-19, including the ultimate impact of COVID-19 on people, economies and society’s ability to access financial markets; changes in laws, rules and regulations governing the activities of the Company; the development and use of our intellectual property and its challenges; risks associated with potential shareholder activism; potential and contingent liabilities; as well as other factors described in documents filed by Lightbridge with the Securities and Exchange Commission. Lightbridge assumes no obligation to update or revise these forward-looking statements, whether as a result of new developments or otherwise, except as required by law. Readers are cautioned not to place undue reliance on forward-looking statements.
A more detailed description of the risks and uncertainties can be found in Lightbridge’s annual report on Form 10-K for the year ended December 31, 2020 and in its other documents filed with the Securities and Exchange Commission, including in sections of it entitled “Risk factors”. and “forward-looking statements” all available at http://www.sec.gov/ and www.ltbridge.com.
Investor Relations Contact:
Matthew Abenante, IRC
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Phone: +1 (646) 828-8710