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Lightbridge Applauds Memorandum of Understanding Between NRC and DOE to Advance Readiness for Advanced Nuclear Fuels

Lightbridge Corporation (LTBR) 
US:NASDAQ Investor Relations: ir.ltbridge.com
Company Research Source: GlobeNewswire
RESTON, Va., Dec. 18, 2024 (GLOBE NEWSWIRE) -- Lightbridge Corporation (Lightbridge) (Nasdaq: LTBR), an advanced nuclear fuel technology company, today applauded the signing of a Memorandum of Understanding (MOU) between the U.S. Nuclear Regulatory Commission (NRC) and the U.S. Department of Energy (DOE) to collaborate on the readiness and development of advanced nuclear fuels. The MOU, signed under the ADVANCE Act (Accelerating Deployment of Versatile, Advanced Nuclear for Clean Energy Act of 2024), establishes a framework for DOE and NRC to share technical expertise and knowledge, ensuring the accelerated development, testing, and regulatory evaluation of advanced nuclear fuels, including accident-tolerant and advanced nuclear reactor fuels. The MOU highlights data sharing, leveraging DOE’s research facilities and capabilities, and improving safety analysis for advanced nuclear fuels. These efforts will help expedite the qualification and licensing processes, ensuring that advanc Show less Read more
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