Lightbridge Corp is a leading innovator in the energy sector, primarily focused on the development of advanced nuclear fuel technology designed to enhance the safety, efficiency, and sustainability of nuclear power generation
The company is working on a proprietary fuel design that aims to significantly improve thermal performance and reduce waste, thereby supporting the broader adoption of nuclear energy as a clean and reliable source of power. Beyond its fuel technology initiatives, Lightbridge Corp engages in efforts to increase public awareness about the benefits of nuclear energy and its potential role in addressing global energy challenges.
Co-location will help the two companies reduce their capital expenditure and operating costs, said Seth Grae, President and CEO of Lightbridge, who called this collaboration an “important strategic step in shaping the future of clean energy.”
Lightbridge Corporation (“Lightbridge”) (Nasdaq: LTBR), an advanced nuclear fuel technology company, today announced the signing of a Memorandum of Understanding (“MOU”) with Oklo Inc. (NYSEOKLO) (“Oklo”), an advanced nuclear power and fuel recycling company. The MOU outlines plans to conduct a feasibility study for co-locating a Lightbridge Commercial-scale Fuel Fabrication Facility at Oklo’s proposed commercial fuel fabrication facility and to explore opportunities for collaboration in recycling nuclear waste.
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Lightbridge Corporation (NASDAQLTBR) shares are trading higher Thursday after the company announced a collaboration agreement with Oklo Inc. NYSE:OKLONYSEOKLO)
Nuclear stocks are trading lower across the board on Monday after regulators rejected Talen Energy Corp's (NASDAQTLN) plans to increase power for an Amazon.com Inc NASDAQ:AMZNNASDAQAMZN)
Lightbridge Corporation (NASDAQLTBR) shares are trading higher on Monday amid continued optimism surrounding nuclear-related companies. The increased attention comes after Google and Amazon Web Services (AWS) announced significant investments in nuclear to power data centers.
Three distinct approaches to nuclear power -- from small reactors to established utilities to advanced fuel tech -- could help power big tech's AI ambitions.
AWS, Amazon's cloud computing subsidiary, said it signed three new agreements on Wednesday to support the development of nuclear energy projects, including the construction of several new Small Modular Reactors (SMRs).
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