Lightbridge Corp - Company Profile
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Lightbridge Corp (Lightbridge) is a nuclear technology company, which is into the development and commercialization of advanced nuclear fuels. The company focuses on improving the performance, safety, proliferation resistance and cost competitiveness of nuclear power generation. Its proprietary nuclear fuel design has the capabilities to support an extended operating cycle without changing the core size in new build pressurized water reactors (PWRs), including small module reactors (SMR). The company’s target markets include diverse water-cooled commercial power reactors, such as CANDUs heavy water reactors, water-cooled BWRs, VVERs, as well as water-cooled research reactor. It serves to commercial and government entities. Lightbridge is headquartered in Reston, Virginia, the US.
Products and Services
Products | Brands |
---|---|
Nuclear Fuel | Lightbridge Fuel |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
Year | Event | Description |
---|---|---|
2023 | Contracts/Agreements | In December, the company entered into an agreement with Centrus Energy Corp for Lightbridge's contemporary nuclear energy at the US centrifugal facility in Piketon, Ohio the United States. |
2022 | Others | In June, the company announced that the Massachusetts Institute of Technology was awarded approximately US$800,000 by the U.S. Department of Energy’s (“DOE”) Nuclear Energy University Program R&D Awards to study the deployment of Accident Tolerant Fuels in Small Modular Reactors. |
2022 | Contracts/Agreements | In July, the company signed a Memorandum of Understanding (MOU) with Curio to incorporate its TRUfuel technology in metallic fuel rods. |
Competitor Comparison
Key Parameters | Lightbridge Corp | BWX Technologies Inc | Atomstroyexport | Global Nuclear Fuel Americas, LLC | TerraPower LLC |
---|---|---|---|---|---|
Headquarters | United States of America | United States of America | Russia | United States of America | United States of America |
City | Reston | Lynchburg | Moscow | Wilmington | Bellevue |
State/Province | Virginia | Virginia | Moscow Oblast | North Carolina | Washington |
No. of Employees | 5 | 7,800 | - | 2 | - |
Entity Type | Public | Public | Private | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
Name | Position | Board | Since | Age |
---|---|---|---|---|
Thomas Graham, Jr. | Chairman | Executive Board | 2009 | 89 |
Seth Grae | President; Chief Executive Officer | Executive Board | 2006 | 59 |
Larry Goldman | Chief Financial Officer; Treasurer | Senior Management | 2018 | 66 |
Andrey Mushakov | Executive Vice President - Nuclear Operations | Senior Management | 2006 | 46 |
Darla M.Bond | Human Resources Manager | Senior Management | - | - |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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