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.
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.
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