{"id":405480,"date":"2020-12-24T08:03:06","date_gmt":"2020-12-24T13:03:06","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=405480"},"modified":"2020-12-24T08:03:06","modified_gmt":"2020-12-24T13:03:06","slug":"lightbridge-awarded-patent-in-eurasia-for-innovative-nuclear-fuel-assemblies-2","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/lightbridge-awarded-patent-in-eurasia-for-innovative-nuclear-fuel-assemblies-2\/","title":{"rendered":"Lightbridge Awarded Patent in Eurasia for Innovative Nuclear Fuel Assemblies"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">RESTON, Va., Dec.  24, 2020  (GLOBE NEWSWIRE) &#8212; Lightbridge Corporation (NASDAQ: LTBR), an advanced nuclear fuel technology company, today announced that it has received Patent No. 036359 from the Eurasian Patent Office for its innovative nuclear fuel assemblies, comprising of multi-lobe fuel rods arranged in a mixed grid pattern. Lightbridge is developing its advanced metallic fuel designed to make both existing and new nuclear power plants more efficient, more cost competitive, and even safer.<\/p>\n<p align=\"justify\">Seth Grae, President &amp; Chief Executive Officer of Lightbridge Corporation, commented, \u201cThis latest patent award from the Eurasian Patent Office is another example of Lightbridge&#8217;s ongoing commitment to protecting our research and development. We have a remarkably strong team that has developed our growing portfolio of highly innovative patents that are recognized throughout the world. This patent award serves to validate our unique approach to advanced nuclear fuel.\u201d<\/p>\n<p align=\"justify\">\n        <strong>About\u00a0Lightbridge Corporation<\/strong>\n      <\/p>\n<p align=\"justify\">Lightbridge (NASDAQ: LTBR) is an advanced nuclear fuel technology development company based in Reston, Virginia, United States. The Company is developing Lightbridge Fuel\u2122, 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\u2019s 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: <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=ciLQ6DF5pJjbWrd0fuMAXEW4PQcT0O87Z-B3IUnxE1_b75bQN-wjIfSLe-RlGk6tKb4MuxDvy5-g20oraqDt5g==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">www.ltbridge.com<\/a>.<\/p>\n<p>\n        <em>To receive Lightbridge Corporation updates via e-mail, subscribe at <\/em><br \/>\n        <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=DDHQ9wp2Nqz_2XWY_c4II_yJYT9wpAmPuxHYe4AZsPf-Xuucqg-7GjO1xdIq46blUrNCw_ALDaDTG9u-XrdoTUETs3yLlywFXu1T3_QXm2yQjA_WAr1VWV1bGUR9gXKrhZ_P4zQeyc2opKuIERunwQ5C2hV6km63yu5eePlugtIXo4ag_wMkBrhBYt7wLUt_\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><br \/>\n          <em>https:\/\/www.ltbridge.com\/investors\/news-events\/email-alerts<\/em><br \/>\n        <\/a>\n      <\/p>\n<p>Lightbridge\u00a0is on Twitter. Sign up to follow @LightbridgeCorp at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=wDA1qPXyfYSIZm58IV4djpkWW6htQK8yVQFnowcb3erji23uMLBZf5fY7-rzyNP_p8cGz2NIpCUIRtx2_cH1-reHSeCNm4fJdKzn2SsgZlgFpMTt4ZD5QVBZXuGpeJM5\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">http:\/\/twitter.com\/lightbridgecorp<\/a>.<\/p>\n<p>\n        <strong>Forward Looking Statements<\/strong>\n      <\/p>\n<p align=\"justify\">\n        <em>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\u2122 and future governmental support and funding for nuclear energy. These statements are based on current expectations on the date of this news release and involve a number of risks and uncertainties that may cause actual results to differ significantly from such estimates. The risks include, but are not limited to:<\/em><br \/>\n        <em>the Company\u2019s ability to commercialize its nuclear fuel technology; the degree of market adoption of the Company&#8217;s product and service offerings; market competition; dependence on strategic partners; demand for fuel for nuclear reactors; the Company&#8217;s ability to manage its business effectively in a rapidly evolving market;<\/em><br \/>\n        <em>changes in the political environment; risks associated with the further spread of COVID-19, including the ultimate impact of COVID-19 on people, economies, and the Company\u2019s ability to access capital markets; the outcome of the arbitration with the Company\u2019s former joint venture partner and dissolution of the Enfission joint venture; as well as other factors described in Lightbridge&#8217;s filings with the U.S. Securities and Exchange Commission. Lightbridge does not assume any obligation to update or revise any such forward-looking statements, whether as the result of new developments or otherwise, except as required by law. Readers are cautioned not to put undue reliance on forward-looking statements.<\/em>\n      <\/p>\n<p>\n        <em>A further description of risks and uncertainties can be found in Lightbridge\u2019s Annual Report on Form 10-K for the fiscal year ended December 31, 2019 and in its subsequent reports on Form 10-Q, including in the sections thereof captioned \u201cRisk Factors\u201d and \u201cForward-Looking Information and Factors That May Affect Future Results\u201d, as well as in its subsequent reports on Form 8-K, all of which are filed with the U.S. Securities and Exchange Commission and available at http:\/\/www.sec.gov\/ and www.ltbridge.com.<\/em>\n      <\/p>\n<p>\n        <strong>Investor Relations Contact:<\/strong><br \/>\n        <br \/>Matthew Abenante, IRC<br \/>Director of Investor Relations <br \/>Tel: +1 (646) 828-8710 <br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=z_2f54q7NNiOAa5i5YmqlfE764rZGf2EHGfFjJVjTUxhxRoI_gIWJORhenIwiSzscNcZc6s54RrBD_DfyBOYRw==\" rel=\"nofollow noopener noreferrer\" target=\"_blank\">ir@ltbridge.com<\/a><\/p>\n<p \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExNzMyNCMzODk1NTI5IzIwMDgzMzc=\" width=\"1\" height=\"1\" \/><br \/>\n      <br \/>\n      <img loading=\"lazy\" decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/ml.globenewswire.com\/release\/track\/fe2df3df-a821-411e-a2d8-101221c4073b\" width=\"1\" height=\"1\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>RESTON, Va., Dec. 24, 2020 (GLOBE NEWSWIRE) &#8212; Lightbridge Corporation (NASDAQ: LTBR), an advanced nuclear fuel technology company, today announced that it has received Patent No. 036359 from the Eurasian Patent Office for its innovative nuclear fuel assemblies, comprising of multi-lobe fuel rods arranged in a mixed grid pattern. Lightbridge is developing its advanced metallic fuel designed to make both existing and new nuclear power plants more efficient, more cost competitive, and even safer. Seth Grae, President &amp; Chief Executive Officer of Lightbridge Corporation, commented, \u201cThis latest patent award from the Eurasian Patent Office is another example of Lightbridge&#8217;s ongoing commitment to protecting our research and development. We have a remarkably strong team that has developed our growing portfolio of &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/lightbridge-awarded-patent-in-eurasia-for-innovative-nuclear-fuel-assemblies-2\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Lightbridge Awarded Patent in Eurasia for Innovative Nuclear Fuel Assemblies&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-405480","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Lightbridge Awarded Patent in Eurasia for Innovative Nuclear Fuel Assemblies - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/lightbridge-awarded-patent-in-eurasia-for-innovative-nuclear-fuel-assemblies-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lightbridge Awarded Patent in Eurasia for Innovative Nuclear Fuel Assemblies - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"RESTON, Va., Dec. 24, 2020 (GLOBE NEWSWIRE) &#8212; Lightbridge Corporation (NASDAQ: LTBR), an advanced nuclear fuel technology company, today announced that it has received Patent No. 036359 from the Eurasian Patent Office for its innovative nuclear fuel assemblies, comprising of multi-lobe fuel rods arranged in a mixed grid pattern. Lightbridge is developing its advanced metallic fuel designed to make both existing and new nuclear power plants more efficient, more cost competitive, and even safer. Seth Grae, President &amp; Chief Executive Officer of Lightbridge Corporation, commented, \u201cThis latest patent award from the Eurasian Patent Office is another example of Lightbridge&#8217;s ongoing commitment to protecting our research and development. We have a remarkably strong team that has developed our growing portfolio of &hellip; Continue reading &quot;Lightbridge Awarded Patent in Eurasia for Innovative Nuclear Fuel Assemblies&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/lightbridge-awarded-patent-in-eurasia-for-innovative-nuclear-fuel-assemblies-2\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-12-24T13:03:06+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODExNzMyNCMzODk1NTI5IzIwMDgzMzc=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lightbridge-awarded-patent-in-eurasia-for-innovative-nuclear-fuel-assemblies-2\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lightbridge-awarded-patent-in-eurasia-for-innovative-nuclear-fuel-assemblies-2\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Lightbridge Awarded Patent in Eurasia for Innovative Nuclear Fuel Assemblies\",\"datePublished\":\"2020-12-24T13:03:06+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lightbridge-awarded-patent-in-eurasia-for-innovative-nuclear-fuel-assemblies-2\\\/\"},\"wordCount\":666,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lightbridge-awarded-patent-in-eurasia-for-innovative-nuclear-fuel-assemblies-2\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODExNzMyNCMzODk1NTI5IzIwMDgzMzc=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lightbridge-awarded-patent-in-eurasia-for-innovative-nuclear-fuel-assemblies-2\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/lightbridge-awarded-patent-in-eurasia-for-innovative-nuclear-fuel-assemblies-2\\\/\",\"name\":\"Lightbridge Awarded Patent in Eurasia for Innovative Nuclear Fuel Assemblies - 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