Lightbridge CEO Seth Grae to Present at the American Nuclear Society (ANS) 2017 Annual Meeting
June 06 2017 - 7:00AM
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.
About Lightbridge Corporation
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.
Forward Looking Statements
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.
Investor Relations Contact:
David Waldman/Natalya Rudman
Crescendo Communications, LLC
Tel. + 1 855-379-9900
Ltbr@crescendo-ir.com
Lightbridge (NASDAQ:LTBR)
Historical Stock Chart
From Mar 2024 to Apr 2024
Lightbridge (NASDAQ:LTBR)
Historical Stock Chart
From Apr 2023 to Apr 2024