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Lightbridge Notified of Patent Grant from the Japan Patent Office for its Innovative Fuel
RESTON, Va., May 01, 2020 (GLOBE NEWSWIRE) -- Lightbridge Corporation (NASDAQ: LTBR), an advanced nuclear fuel technology company, today announced that it has
About this update from Lightbridge Corporation
[{"type":"text","content":"RESTON, Va., May 01, 2020 (GLOBE NEWSWIRE) -- Lightbridge Corporation (NASDAQ: LTBR), an advanced nuclear fuel technology company, today announced that it has received a Decision to Grant from the Japan Patent Office (JPO) for Patent #2017-512054 related to a Lightbridge metallic fuel assembly design for use in CANDU-type reactors.\n Seth Grae, President & Chief Executive Officer of Lightbridge Corporation, said: “This award protects and differentiates our unique intellectual property assets throughout the world and constitutes another significant milestone for Lightbridge. We have worked to expand our patent estate and will keep exploring opportunities in the CANDU fuel market.” About Lightbridge Corporation Lightbridge (NASDAQ: LTBR) is an advanced nuclear fuel technology development company based in Reston, Virginia, United States. The Company is developing Lightbridge Fuel™, a proprietary next-generation nuclear fuel technology for current and future reactors, which significantly enhances the economics, safety, and proliferation resistance of nuclear power. Lightbridge invented, patented, and has independently validated its technology, with goals of preventing climate change and enhancing national security. The Company has assembled a world-class development team. Four large electric utilities that generate about half of America’s nuclear power advise Lightbridge on fuel development and deployment. The Company plans to operate under a licensing and royalty model, and based on the increased power generated by Lightbridge-designed fuel expects to offer high ROI for operators of existing and new reactors. For more information please visit: www.ltbridge.com. To receive Lightbridge Corporation updates via e-mail, subscribe at https://www.ltbridge.com/investors/news-events/email-alerts Lightbridge is on Twitter. Sign up to follow @LightbridgeCorp at http://twitter.com/lightbridgecorp. Forward Looking Statements With the exception of historical matters, the matters discussed in this news release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the timing and outcome of research and development activities, other steps to commercialize Lightbridge Fuel™ and future governmental support and funding for nuclear energy. These statements are based on ...