RESTON, Va., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Lightbridge Corporation (Lightbridge) (NASDAQ:LTBR), an advanced nuclear fuel technology company, announced its financial results for the third quarter ended September 30, 2024, and provided an update on the Company's continued progress. Seth Grae, President & Chief Executive Officer of Lightbridge Corporation, commented, "The surge in demand for clean energy from major tech companies, especially as they shift towards data centers with AI chips, is driving significant investment into the nuclear power industry. These companies are increasingly funding strategic nuclear energy projects that may help them reach their zero-emission climate goals

RESTON, Va., Oct. 28, 2024 (GLOBE NEWSWIRE) -- Lightbridge Corporation ("Lightbridge") (NASDAQ:LTBR), an advanced nuclear fuel technology company, today shares insightful findings from three technical papers presented at the TopFuel 2024 Conference in Grenoble, France. These papers, produced by Massachusetts Institute of Technology (MIT), Structural Integrity Associates (SIA), and Lightbridge further validate the enhanced safety and performance of Lightbridge Fuel™, particularly its improved performance under extreme conditions. Key Findings from the MIT StudyMIT's study, supported by a U.S. Department of Energy Nuclear Energy University Programs (DOE NEUP) grant, simulate

RESTON, Va., Oct. 22, 2024 (GLOBE NEWSWIRE) -- Lightbridge Corporation ("Lightbridge") (NASDAQ:LTBR), an advanced nuclear fuel technology company, today announced its participation in several upcoming key industry panels and provided an update on recent events. Seth Grae, President & Chief Executive Officer of Lightbridge Corporation, commented, "We are at an exciting point in the nuclear industry, as recent investments from tech giants and surging interest in clean, reliable energy continue to shape the future of power generation. At Lightbridge, we're proud to be at the forefront of these developments, contributing to the advancement of nuclear fuel technology that will play a critical

RESTON, Va., Oct. 18, 2024 (GLOBE NEWSWIRE) -- Lightbridge Corporation ("Lightbridge") (NASDAQ:LTBR), an advanced nuclear fuel technology company, today announced that Seth Grae, Lightbridge President and Chief Executive Officer, was interviewed earlier today on Schwab Network's "Trading 360", hosted by Diane King Hall. The interview covered key developments in the nuclear industry. Mr. Grae was recently quoted by the World Economic Forum, stating, "Surging power demand from AI and other applications for carbon-free energy sources that operate 24/7 are steeply increasing levels of interest in nuclear energy." (https://www.weforum.org/agenda/2024/10/advanced-nuclear-technologies-energy-tra

RESTON, Va., Oct. 17, 2024 (GLOBE NEWSWIRE) -- Lightbridge Corporation ("Lightbridge") (NASDAQ:LTBR), an advanced nuclear fuel technology company, will announce its financial results for the third quarter of fiscal year 2024 on Thursday, October 31st after the market closes. Lightbridge will host a conference call on Friday, November 1st, at 11:00 AM ET with the investment community to discuss the Company's financial results and provide an update on its fuel development activities. CONFERENCE CALL & AUDIO WEBCAST The conference call will be led by Seth Grae, President, and Chief Executive Officer, with other Lightbridge executives available to answer questions. Investors may submit writ

RESTON, Va., July 31, 2024 (GLOBE NEWSWIRE) -- Lightbridge Corporation ("Lightbridge") (NASDAQ:LTBR), an advanced nuclear fuel technology company, announced its financial results for the second quarter ended June 30, 2024, and provided an update on the Company's continued progress. Seth Grae, President & Chief Executive Officer of Lightbridge Corporation, commented, "The recent passage of the ADVANCE Act marked a pivotal moment for the advanced nuclear industry. This landmark legislation recognizes the critical role advanced nuclear technologies will play in building a clean and secure energy future for the United States. We believe this legislation will help to facilitate a more efficien

RESTON, Va., July 23, 2024 (GLOBE NEWSWIRE) -- Lightbridge Corporation ("Lightbridge") (NASDAQ:LTBR), an advanced nuclear fuel technology company, will announce its financial results for the second quarter of fiscal year 2024 on Wednesday, July 31st after the market closes. Lightbridge will host a conference call on Thursday, August 1st, at 4:00 PM ET with the investment community to discuss the Company's financial results and provide an update on its fuel development activities. CONFERENCE CALL & AUDIO WEBCAST The conference call will be led by Seth Grae, President, and Chief Executive Officer, with other Lightbridge executives available to answer questions. Investors may submit writte

RESTON, Va., June 25, 2024 (GLOBE NEWSWIRE) -- Lightbridge Corporation ("Lightbridge") (NASDAQ:LTBR), an advanced nuclear fuel technology company, applauds the passage of the ADVANCE Act, or the Accelerating Deployment of Versatile, Advanced Nuclear for Clean Energy Act, which aims to accelerate the deployment of advanced nuclear energy in the United States. Earlier this year, the U.S. House of Representatives passed the bill on a 365-36 vote, and the U.S. Senate overwhelmingly voted 88-2 to approve the legislation. The ADVANCE Act focuses on streamlining the regulatory process at the Nuclear Regulatory Commission (NRC), supporting the development and deployment of new nuclear technolog

RESTON, Va., May 30, 2024 (GLOBE NEWSWIRE) -- Lightbridge Corporation ("Lightbridge") (NASDAQ:LTBR), an advanced nuclear fuel technology company, today announced that its Chairman and CEO, Seth Grae, attended the White House Summit on Domestic Nuclear Deployment (the "Summit"), hosted by the Biden-Harris Administration. The Summit, held on May 29, 2024, focused on new initiatives to strengthen the domestic nuclear industry and advance America's clean energy future. The White House Summit underscored the Administration's commitment to bolstering the nuclear sector as a cornerstone of the nation's strategy to achieve net-zero emissions and enhance energy security. Key announcements included

RESTON, Va., May 09, 2024 (GLOBE NEWSWIRE) -- Lightbridge Corporation ("Lightbridge") (NASDAQ:LTBR), an advanced nuclear fuel technology company, announced its financial results for the first quarter ended March 31, 2024, and provided an update on the Company's continued progress. Seth Grae, President & Chief Executive Officer of Lightbridge Corporation, commented, "Lightbridge has achieved a significant milestone under our strategic partnership project agreement at Idaho National Laboratory (INL). INL demonstrated the production of a partial-length rod sample using an alloy of depleted uranium and zirconium. INL and Lightbridge will work together to analyze the extruded rod to confirm th

RESTON, Va., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Lightbridge Corporation (Lightbridge) (NASDAQ:LTBR), an advanced nuclear fuel technology company, announced its financial results for the third quarter ended September 30, 2024, and provided an update on the Company's continued progress. Seth Grae, President & Chief Executive Officer of Lightbridge Corporation, commented, "The surge in demand for clean energy from major tech companies, especially as they shift towards data centers with AI chips, is driving significant investment into the nuclear power industry. These companies are increasingly funding strategic nuclear energy projects that may help them reach their zero-emission climate goals

RESTON, Va., Oct. 17, 2024 (GLOBE NEWSWIRE) -- Lightbridge Corporation ("Lightbridge") (NASDAQ:LTBR), an advanced nuclear fuel technology company, will announce its financial results for the third quarter of fiscal year 2024 on Thursday, October 31st after the market closes. Lightbridge will host a conference call on Friday, November 1st, at 11:00 AM ET with the investment community to discuss the Company's financial results and provide an update on its fuel development activities. CONFERENCE CALL & AUDIO WEBCAST The conference call will be led by Seth Grae, President, and Chief Executive Officer, with other Lightbridge executives available to answer questions. Investors may submit writ

RESTON, Va., July 31, 2024 (GLOBE NEWSWIRE) -- Lightbridge Corporation ("Lightbridge") (NASDAQ:LTBR), an advanced nuclear fuel technology company, announced its financial results for the second quarter ended June 30, 2024, and provided an update on the Company's continued progress. Seth Grae, President & Chief Executive Officer of Lightbridge Corporation, commented, "The recent passage of the ADVANCE Act marked a pivotal moment for the advanced nuclear industry. This landmark legislation recognizes the critical role advanced nuclear technologies will play in building a clean and secure energy future for the United States. We believe this legislation will help to facilitate a more efficien

RESTON, Va., July 23, 2024 (GLOBE NEWSWIRE) -- Lightbridge Corporation ("Lightbridge") (NASDAQ:LTBR), an advanced nuclear fuel technology company, will announce its financial results for the second quarter of fiscal year 2024 on Wednesday, July 31st after the market closes. Lightbridge will host a conference call on Thursday, August 1st, at 4:00 PM ET with the investment community to discuss the Company's financial results and provide an update on its fuel development activities. CONFERENCE CALL & AUDIO WEBCAST The conference call will be led by Seth Grae, President, and Chief Executive Officer, with other Lightbridge executives available to answer questions. Investors may submit writte

RESTON, Va., May 09, 2024 (GLOBE NEWSWIRE) -- Lightbridge Corporation ("Lightbridge") (NASDAQ:LTBR), an advanced nuclear fuel technology company, announced its financial results for the first quarter ended March 31, 2024, and provided an update on the Company's continued progress. Seth Grae, President & Chief Executive Officer of Lightbridge Corporation, commented, "Lightbridge has achieved a significant milestone under our strategic partnership project agreement at Idaho National Laboratory (INL). INL demonstrated the production of a partial-length rod sample using an alloy of depleted uranium and zirconium. INL and Lightbridge will work together to analyze the extruded rod to confirm th

RESTON, Va., May 01, 2024 (GLOBE NEWSWIRE) -- Lightbridge Corporation ("Lightbridge") (NASDAQ:LTBR), an advanced nuclear fuel technology company, will announce its financial results for the first quarter of fiscal year 2024 on Thursday, May 9th after the market closes. Lightbridge will host a conference call on Friday, May 10, at 11:00 AM ET with the investment community to discuss the Company's financial results and provide an update on its fuel development activities. CONFERENCE CALL & AUDIO WEBCAST The conference call will be led by Seth Grae, President, and Chief Executive Officer, with other Lightbridge executives available to answer questions. Investors may submi

RESTON, Va,, Feb. 28, 2024 (GLOBE NEWSWIRE) -- Lightbridge Corporation ("Lightbridge") (NASDAQ:LTBR), an advanced nuclear fuel technology company, announced its financial results for the fiscal year ended December 31, 2023, and provided an update on the Company's continued progress. Seth Grae, President & Chief Executive Officer of Lightbridge Corporation, commented, "We are pleased with the progress made in our fuel development efforts in 2023, including: (1) strengthening our leadership team, (2) entering into a contract with Centrus Energy to perform a front-end engineering and design (FEED) study for a Lightbridge Pilot Fuel Fabrication Facility, (3) entering into a contract with RATE

RESTON, Va., Feb. 22, 2024 (GLOBE NEWSWIRE) -- Lightbridge Corporation ("Lightbridge") (NASDAQ:LTBR), an advanced nuclear fuel technology company, will announce its financial results for fiscal year 2023, on Wednesday, February 28, after the market close. Lightbridge will host a conference call on Thursday, February 29, at 10:00 AM ET with the investment community to discuss the Company's financial results and provide an update on its fuel development activities. CONFERENCE CALL & AUDIO WEBCAST The conference call will be led by Seth Grae, President, and Chief Executive Officer, with other Lightbridge executives available to answer questions. Investors may submit written questions by Fe

RESTON, Va., Oct. 30, 2023 (GLOBE NEWSWIRE) -- Lightbridge Corporation (NASDAQ:LTBR), an advanced nuclear fuel technology company, announced its financial results for the third quarter ended September 30, 2023, and provided an update on the Company's continued progress. Seth Grae, President & Chief Executive Officer of Lightbridge Corporation, commented, "We are making excellent progress on our fuel development efforts. Our recently announced engineering study in Romania is an important advancement for examining Lightbridge Fuel's feasibility in CANDU reactors. Together with our Strategic Partnership Project Agreement with Idaho National Laboratory that we announced in December and th

RESTON, Va., Oct. 24, 2023 (GLOBE NEWSWIRE) -- Lightbridge Corporation (NASDAQ:LTBR), an advanced nuclear fuel technology company, will announce its financial results for the third quarter of fiscal year 2023, on Monday, October 30, after the market close. Lightbridge will host a conference call on Tuesday, October 31, at 4:00 PM ET with the investment community to discuss the Company's financial results and provide an update on its fuel development activities. CONFERENCE CALL & AUDIO WEBCAST The conference call will be led by Seth Grae, President, and Chief Executive Officer, with other Lightbridge executives available to answer questions. Investors may submit written questions by Octo

RESTON, Va. and BETHESDA, Md., Dec. 07, 2023 (GLOBE NEWSWIRE) -- Lightbridge Corporation ("Lightbridge") (NASDAQ:LTBR) and Centrus Energy Corp. ("Centrus") (NYSE:LEU) today announced a contract to conduct a front-end engineering and design (FEED) study to add a dedicated Lightbridge Pilot Fuel Fabrication Facility (LPFFF) at the American Centrifuge Plant in Piketon, Ohio.  The FEED study will identify infrastructure and licensing requirements as well as the estimated cost and construction schedule for the LPFFF.  Centrus' wholly-owned subsidiary, American Centrifuge Operating, LLC, will lead the study, which is expected to be completed in 2024.  "Centrus is proud to join forces with Light

RESTON, Va., April 25, 2023 (GLOBE NEWSWIRE) -- Lightbridge Corporation (NASDAQ:LTBR), an advanced nuclear fuel technology company, today announced the appointment of Dr. Scott Holcombe as Vice President of Engineering. Dr. Holcombe will be responsible for the technical direction and oversight of Lightbridge's research, development, and demonstration activities, including technical coordination with partner entities and management of Lightbridge's technical consultants. Responsibilities will also include the technical oversight of all activities related to the fabrication and licensing of Lightbridge's advanced nuclear fuel technologies. Dr. Scott Holcombe is an accomplished professional

Sherri Goodman is a Globally Recognized National Security Expert and Former Defense Department Official in Environmental SecurityWill Chair Lightbridge's Newly Formed Energy Security and National Security Committee RESTON, Va., April 03, 2023 (GLOBE NEWSWIRE) -- Lightbridge Corporation (NASDAQ:LTBR), an advanced nuclear fuel technology company, today announced the appointment of Sherri Goodman as a new independent director to Lightbridge's Board of Directors. Ms. Goodman will chair the newly constituted Energy Security and National Security Committee. Ms. Goodman is an experienced leader, senior executive, lawyer, and director focused on national security, climate change, energy, sci

RESTON, Va., Sept. 28, 2021 (GLOBE NEWSWIRE) -- Lightbridge Corporation (NASDAQ:LTBR), an advanced nuclear fuel technology company, announced today that it has expanded its Board of Directors with the appointment of Dr. Sweta Chakraborty and Mark Tobin as independent directors, effective immediately. Dr. Chakraborty will serve as Chair of the newly constituted Environmental Social & Governance (ESG) Committee, while Mr. Tobin will serve as Chair of the Compensation Committee. Dr. Chakraborty is a globally recognized risk and behavioral scientist and expert on risks ranging from climate change to COVID-19. She has spent the last 12 years advising government agencies on science and technolo

RESTON, Va., Aug. 06, 2021 (GLOBE NEWSWIRE) -- Lightbridge Corporation (NASDAQ:LTBR), an advanced nuclear fuel technology company, today announced the appointment of Jesse Funches to the Lightbridge Board of Directors, effective immediately. Mr. Funches will also serve as Chair of the Audit Committee of the Board. Mr. Funches is the former Chief Financial Officer of the U.S. Nuclear Regulatory Commission (NRC), and he currently provides consulting services and expert testimony to the U.S. civilian nuclear industry on regulatory costs, including NRC fees and related issues. He is a world-leading authority on how to operate a capable and cost-effective nuclear oversight agency. Mr. Funche

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Lightbridge (NASDAQ:LTBR) reported quarterly losses of $(0.21) per share. This is a 23.53 percent decrease over losses of $(0.17) per share from the same period last year.

Lightbridge Corporation ("Lightbridge") (NASDAQ:LTBR), an advanced nuclear fuel technology company, today announced that Ambassador Thomas Graham, Jr. will be retiring as Executive Chairman and director of Lightbridge effective as of the upcoming Annual Meeting of Shareholders. Ambassador Graham has been appointed Chairman Emeritus. "I am honored to accept the appointment as Chairman Emeritus of Lightbridge," said Ambassador Graham. "Throughout my tenure as Chairman, I have been continually inspired by our team's dedication and innovation in the pursuit of advancing nuclear fuel technology. I am excited to continue contributing to Lightbridge's mission in this new capacity. The journey we ar

Financial HighlightsWorking capital was $28.3 million at December 31, 2023, versus $28.7 million at December 31, 2022.Cash Flows SummaryCash and cash equivalents were $28.6 million, as compared to $28.9 million at December 31, 2022, a decrease of $0.3 million for the fiscal year ended December 31, 2023, consisting of the following:Cash used in operating activities for the year ended December 31, 2023 was $6.5 million, a decrease of $0.2 million, compared to $6.7 million for the year ended December 31, 2022. The decrease was primarily due to changes in net operating assets and liabilities, which were driven by an increase in prepaid assets of $0.2 million, offset by an increase in accounts pa

Companies Reporting Before The Bell • ICL Group (NYSE:ICL) is likely to report quarterly earnings at $0.08 per share on revenue of $1.69 billion. • Golden Ocean Group (NASDAQ:GOGL) is likely to report quarterly earnings at $0.27 per share on revenue of $193.12 million. • Wallbox (NYSE:WBX) is likely to report earnings for its fourth quarter. • Immunocore Hldgs (NASDAQ:IMCR) is estimated to report quarterly loss at $0.28 per share on revenue of $67.23 million. • Royal Bank of Canada (NYSE:RY) is likely to report quarterly earnings at $2.08 per share on revenue of $9.95 billion. • TG Therapeutics (NASDAQ:TGTX) is likely to report quarterly loss at $0.10 per share on revenue of $40.06 mil

To Our Valued Shareholders,I am pleased to present an overview of Lightbridge's progress in 2023, a brief description of a standard framework for keeping track of progress on nuclear fuel development efforts that we are adopting going forward, and key upcoming fuel development milestones that we expect to accomplish over the next 2-3 years. I will also summarize key highlights from COP28, which I attended.Key Milestones and Achievements in 2023Strengthening our Leadership Team: We welcomed Sherri Goodman and Dr. Scott Holcombe to our team. Ms. Goodman, a recognized national security expert, joined Lightbridge as an independent director, bringing invaluable insights into the intersection of e

Lightbridge (NASDAQ:LTBR) reported quarterly losses of $(0.15) per share. This is a 16.67 percent increase over losses of $(0.18) per share from the same period last year.

Companies Reporting Before The Bell • HSBC Holdings (NYSE:HSBC) is likely to report earnings for its third quarter. • JinkoSolar Holding Co (NYSE:JKS) is estimated to report quarterly earnings at $1.44 per share on revenue of $4.19 billion. • McDonald's (NYSE:MCD) is expected to report quarterly earnings at $2.83 per share on revenue of $6.19 billion. • Associated Cap Gr (NYSE:AC) is projected to report quarterly earnings at $2.10 per share on revenue of $5.95 billion. • ON Semiconductor (NASDAQ:ON) is expected to report quarterly earnings at $1.34 per share on revenue of $2.15 billion. • Daqo New Energy (NYSE:DQ) is projected to report quarterly earnings at $0.94 per share on revenue

Lightbridge (NASDAQ:LTBR) reported quarterly losses of $(0.14) per share. This is unchanged from the same period last year.