Thanasis Lightbridge

Lightbridge CEO Seth Grae Interviewed on Scripps News TV

Retrieved on: 
Thursday, November 16, 2023
Void coefficient, Growth, LTBR, Economics, Safety, Government, Interview, Thanasis Lightbridge, Weaning

RESTON, Va., Nov. 16, 2023 (GLOBE NEWSWIRE) -- Lightbridge Corporation (Nasdaq: LTBR), an advanced nuclear fuel technology company, today announced its President & Chief Executive Officer Seth Grae had the opportunity of discussing, in an interview with Scripps News TV, why Lightbridge Fuel™ has the potential to enhance the safety and efficiency of existing and future nuclear reactors.

Key Points: 
  • RESTON, Va., Nov. 16, 2023 (GLOBE NEWSWIRE) -- Lightbridge Corporation (Nasdaq: LTBR), an advanced nuclear fuel technology company, today announced its President & Chief Executive Officer Seth Grae had the opportunity of discussing, in an interview with Scripps News TV, why Lightbridge Fuel™ has the potential to enhance the safety and efficiency of existing and future nuclear reactors.
  • In response to the question, “If we're going to achieve net zero emissions as the government wants, do we need nuclear energy?” Seth Grae commented:
    “Yes, we can't achieve climate goals unless there's significant growth in nuclear power, and we can't achieve weaning our allies, especially in Europe, off Putin's fossil fuels unless we have a significant expansion in nuclear power.
  • Lightbridge Fuel is being designed to add additional power to the existing nuclear plants, and more of these large reactors are being built.
  • So, for a company like Lightbridge with advanced fuel that improves the economics of the reactors, the safety of the reactors, and the non-proliferation, there's an enormous market of 400 reactors in the world that could produce more power right now by being upgraded when this technology becomes commercially available.”
    To watch the interview in its entirety, please click here or visit Lightbridge’s YouTube Channel at https://www.youtube.com/@lightbridgecorporation .

Lightbridge and Centrus Energy Enter into a Contract to Conduct a FEED Study for a Lightbridge Pilot Fuel Fabrication Facility in Piketon, Ohio

Retrieved on: 
Thursday, December 7, 2023
FEED, HALEU, NYSE, COP28, Nuclear energy, LTBR, Partnership, Life, Uranium mining, Thanasis Lightbridge, Centrus Energy

RESTON, Va. and BETHESDA, Md., Dec. 7, 2023 /PRNewswire/ -- Lightbridge Corporation ("Lightbridge") (Nasdaq: LTBR) and Centrus Energy Corp. ("Centrus") (NYSE American: 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. 

Key Points: 
  • 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.
  • Seth Grae, President & Chief Executive Officer of Lightbridge, commented, "This agreement with Centrus marks a landmark moment for Lightbridge as we take concrete steps towards establishing a pilot-scale facility to manufacture Lightbridge Fuel.
  • We are thrilled to partner with Centrus, leveraging their deep expertise and infrastructure to bring this vision to life."

Lightbridge Comments on Recent Nuclear Industry News

Retrieved on: 
Thursday, November 9, 2023
LTBR, Culture, Safety, News, CANDU, Thanasis Lightbridge, Uranium mining

RESTON, Va., Nov. 09, 2023 (GLOBE NEWSWIRE) -- Lightbridge Corporation (Nasdaq: LTBR), an advanced nuclear fuel technology company, today provided comments on recent nuclear industry news.

Key Points: 
  • RESTON, Va., Nov. 09, 2023 (GLOBE NEWSWIRE) -- Lightbridge Corporation (Nasdaq: LTBR), an advanced nuclear fuel technology company, today provided comments on recent nuclear industry news.
  • Seth Grae, President & Chief Executive Officer of Lightbridge Corporation, commented, “Recent developments have cast a shadow over companies that are developing new reactors.
  • At Lightbridge, we are developing fuel for the over 400 currently-operating large reactors, plus new ones that will be built later, including small reactors that are in development.
  • We recently announced an engineering study in Romania to assess the feasibility of Lightbridge Fuel in the currently-operating CANDU reactors.

Lightbridge Provides Business Update and Announces Third Quarter 2023 Financial Results

Retrieved on: 
Monday, October 30, 2023
MIT, Insurance, ATM, Treasury, Thanasis Lightbridge, LTBR, Webcast, Idaho National Laboratory, Texas A&M University, DOE, United States national laboratories, GAIN, Cryptocurrency, CANDU

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.

Key Points: 
  • 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.
  • This $0.1 million decrease was due to the GAIN voucher project that was completed in the first quarter of 2023.
  • Net loss was $1.8 million for the third quarter ended September 30, 2023, compared to $2.0 million for the third quarter of 2022.

Lightbridge Academy Announces Three Unit Franchise Deal In Dallas Bringing High-Quality Early Child Care To Texas

Retrieved on: 
Thursday, November 2, 2023
Education, Chaudhri, Child care, Thanasis Lightbridge, Bhavna (film), Growth, Parent, Toy

DALLAS, Nov. 2, 2023 /PRNewswire-PRWeb/ -- Lightbridge Academy®, The Solution for Working Parents® and one of the fastest-growing early childhood education franchises with over 150 centers either open or in development, announces its latest franchise signing in Dallas with franchise owners Bhavna Chaudhri & Nitin Poswal. The signing includes an agreement for three units in Dallas, bringing its Circle of Care philosophy and innovative programs to the Dallas–Fort Worth metro community. The award-winning franchise has continued growth momentum across the country as investors with an interest in education, recognize the opportunity to introduce an essential and rewarding service to their local community through Lightbridge Academy's proven franchise business model.

Key Points: 
  • The signing includes an agreement for three units in Dallas, bringing its Circle of Care philosophy and innovative programs to the Dallas–Fort Worth metro community.
  • Bhavna & Nitin share Lightbridge Academy's Circle of Care philosophy® and are thrilled to be making an impact within the community as the solution for working families with a new signing in Dallas.
  • Lightbridge Academy is filling the local need for high-quality educational child care, as the industry continues to grow at a compound annual growth rate of 4.18%, according to Grand View Research .
  • As an industry leader in educational child care franchising, Lightbridge Academy is making significant strides in expanding its presence nationwide, bringing The Solution for Working Parents® to vibrant communities in need of high-quality educational child care across the nation.

Lightbridge to Hold Business Update & Third Quarter 2023 Earnings Conference Call on Tuesday, October 31 at 4 p.m. ET

Retrieved on: 
Tuesday, October 24, 2023
LTBR, Webcast, Thanasis Lightbridge, Cryptocurrency

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.

Key Points: 
  • 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.
  • The conference call will be led by Seth Grae, President, and Chief Executive Officer, with other Lightbridge executives available to answer questions.
  • To access the call by phone, please register at this link ( registration link ), and you will be provided with dial-in details.
  • To avoid delays, we encourage participants to dial into the conference call fifteen minutes before the scheduled start time.

Lightbridge Launches Engineering Study to Assess Lightbridge Fuel for Use in CANDU Reactors

Retrieved on: 
Tuesday, October 17, 2023
Engineering, Void coefficient, Science, Thanasis Lightbridge, LTBR, Uranium mining, CANDU

The findings from the engineering study will play an important role in guiding future economic evaluations and navigating potential regulatory licensing-related issues.

Key Points: 
  • The findings from the engineering study will play an important role in guiding future economic evaluations and navigating potential regulatory licensing-related issues.
  • Canada Deuterium Uranium (CANDU) reactors, initially designed in Canada during the 1960s, use natural-uranium fuel and heavy water as both a moderator and coolant.
  • Daniela Diaconu, Scientific Deputy Director of Institutul de Cercetări Nucleare Pitești, commented, “We are pleased to collaborate with Lightbridge on this engineering study to investigate the advantages of using Lightbridge’s innovative nuclear fuel in CANDU reactors.
  • This engineering study will help us assess the viability of using Lightbridge Fuel in a CANDU reactor, which will help guide our commercialization pathway in determining the types of reactors that we prioritize.

Lightbridge Academy Announces Greg & Dina Hamwi as 2023 Franchisee of the Year for Exemplifying Circle of Care Philosophy

Retrieved on: 
Tuesday, October 10, 2023
Entrepreneur (magazine), Bobby Parks PBA Best Import of the Conference Award, Child, Pinnacle, Kennedy Space Center Launch Complex 39, Franchising, Core values, NEXT Woman of the Year awards, National Board of Review, Child care, Education, Environment, Thanasis Lightbridge, Circle, Conference, Parents' Choice Award, NPS, Toy, Film industry, Nursing, Renaissance

ISELIN, N.J., Oct. 10, 2023 /PRNewswire-PRWeb/ -- Lightbridge Academy®, Innovators in Educational Child Care® and one of the fastest-growing early childhood education franchises with over 150 centers either open or in development, announces Greg & Dina Hamwi as the 2023 Franchisee of the Year award recipients at the annual Lightbridge Academy Franchise Conference. The franchisees, who operate the Shrewsbury, New Jersey Lightbridge Academy location, were chosen for this prestigious award because they embody the brand's Core Values and Circle of Care philosophy to the children in their care, the families who love them, and the staff. The distinguished franchisees recognize the importance of providing an essential and rewarding service to their local community through Lightbridge Academy's proven franchise business model.

Key Points: 
  • Lightbridge Academy has named Greg & Dina Hamwi as the 2023 Franchisee of the Year for their outstanding commitment to the brand's philosophy.
  • ISELIN, N.J., Oct. 10, 2023 /PRNewswire-PRWeb/ -- Lightbridge Academy® , Innovators in Educational Child Care® and one of the fastest-growing early childhood education franchises with over 150 centers either open or in development, announces Greg & Dina Hamwi as the 2023 Franchisee of the Year award recipients at the annual Lightbridge Academy Franchise Conference.
  • "We are thrilled to announce Greg and Dina Hamwi as our Franchisee of the Year," said Chief Executive Officer, Gigi Schweikert.
  • "Their dedication, passion, and unwavering commitment to our Circle of Care philosophy have made them shining examples of excellence within our franchise.

Lightbridge Applauds the Reintroduction of the Bipartisan Nuclear Fuel Security Act

Retrieved on: 
Wednesday, October 4, 2023
Thanasis Lightbridge, LTBR, Uranium, Legislation, Senate, Nuclear fuel, Uranium mining

RESTON, Va., Oct. 04, 2023 (GLOBE NEWSWIRE) -- Lightbridge Corporation (Nasdaq: LTBR), an advanced nuclear fuel technology company, today recognizes the efforts of U.S.

Key Points: 
  • RESTON, Va., Oct. 04, 2023 (GLOBE NEWSWIRE) -- Lightbridge Corporation (Nasdaq: LTBR), an advanced nuclear fuel technology company, today recognizes the efforts of U.S.
  • Representatives Bob Latta (R-OH5) and Jim Clyburn (D-SC6) in reintroducing the Nuclear Fuel Security Act to establish and expand critical U.S. nuclear fuel programs to boost domestic uranium mining, production, enrichment, and conversion capacity.
  • Seth Grae, President & Chief Executive Officer of Lightbridge Corporation, commented, “We wholeheartedly endorse the reintroduction of the Nuclear Fuel Security Act by Representatives Bob Latta and Jim Clyburn.
  • This pivotal legislation underscores the importance of bolstering our nation's domestic nuclear fuel capabilities.

Lightbridge Academy Announces First Franchise Signing in Colorado, Bringing High-Quality Early Child Care to the Rocky Mountain State

Retrieved on: 
Tuesday, September 26, 2023
Thanasis Lightbridge, Child, Mountain states, Education, Toy

COLORADO SPRINGS, Colo., Sept. 26, 2023 /PRNewswire-PRWeb/ -- Lightbridge Academy®, Innovators in Educational Child Care® and one of the fastest-growing early childhood education franchises with over 150 centers either open or in development, announces its latest franchise signing in Colorado Springs with new franchise owners Sara and Zach Van Hilsen. The signing includes an agreement for their first franchise unit in the Rocky Mountain States, bringing its Circle of Care philosophy and innovative programs to the Olympic City community. The award-winning franchise has continued growth momentum across the country as investors, with an interest in education, recognize the opportunity to introduce an essential and rewarding service to their local community through Lightbridge Academy's proven franchise business model.

Key Points: 
  • Lightbridge Academy, a rapidly expanding early childhood education franchise, has signed its first franchise agreement in Colorado Springs, Colorado, with experienced franchisees Sara and Zach Van Hilsen.
  • The couple shares Lightbridge Academy's Circle of Care philosophy and aims to provide high-quality early childhood education to the community.
  • With this signing, Lightbridge Academy continues its growth momentum, offering essential childcare services and educational programs in new markets like Colorado, further solidifying its position as a leading franchise in the child care education industry.
  • The signing includes an agreement for their first franchise unit in the Rocky Mountain States, bringing its Circle of Care philosophy and innovative programs to the Olympic City community.