LONDON, UK / ACCESSWIRE / January 24, 2018 / Active-Investors.com has just released a free research report on Lightbridge Corp. (NASDAQ: LTBR). If you want access to this report all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=LTBR as the Company's latest news hit the wire. On January 22, 2018, the nuclear fuel technology Company declared that it has received a notice of allowance from the US Patent and Trademark Office, for a key patent related to its metallic nuclear fuel assembly design. Register today and get access to over 1,000 Free Research Reports by joining our site below:
Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, Lightbridge most recent news is on our radar and our team decided to put out a fantastic report on the company that is now available for free below:
The Patent Extends Lightbridge's Patent Portfolio Coverage in the US
This patent allowance extends Lightbridge's patent portfolio coverage in the United States to an entire metallic fuel assembly design for Western-type pressurized water reactors. The design can also be adapted for use in nearly all other power reactors around the world. This particular patent focuses on the fuel assembly design, building on an earlier US patent involving metallic fuel rod design and other US patents for a different variant of the seed-and-blanket fuel assembly design.
Patents Secured by Lightbridge in 2017
- On October 18, 2017, Lightbridge received a notice of allowance in the People's Republic of China for key patent relating to its innovative metallic fuel design, which represented the Company's second patent in China in 2017. The Company received another notice of allowance in China for key patent covering a tri-lobe variant of its extruded metallic fuel rods used in Russian-type VVER reactors in May 2017.
- On October 12, 2017, Lightbridge received notice of allowance from the European Patent Office for an additional patent relating to its innovative metallic fuel design.
- In July 2017, the Company received a notice of allowance from the Korean Intellectual Property Office for a key divisional patent covering two major inventions, Lightbridge's innovative metallic fuel assembly design for Western-type pressurized water reactors incorporating four-lobe, helically twisted metallic fuel rods, and the Company's proprietary manufacturing method for metallic fuel rods using powder metallurgy.
Lightbridge Signed Agreements with AREVA to Immediately Advance Fuel Development
On November 15, 2017, Lightbridge and AREVA N.P. signed three binding agreements that allowed the companies to immediately advance development of Lightbridge's innovative metallic fuel technology and protect all associated intellectual property. Both companies are in the process of finalizing their joint venture, which is expected to launch in Q1 2018. The three agreements included a Research and Development Services Agreement, a Co-Ownership Agreement, and an Intellectual Property Annex. AREVA is a leader in servicing and fueling today's reactor fleet and advancing the future of nuclear energy.
Metallic Nuclear Fuel Technology
Inherent design features of the Lightbridge metal fuel technology are expected to enhance safety characteristics of nuclear power plants under normal operation and certain off-normal events. The advanced fuel technology is designed to significantly improve the economics, performance, and safety of nuclear power plants
About Lightbridge Corp.
Founded in 1989, Lightbridge is a leading provider of safe and secure nuclear energy consulting services to commercial and governmental entities worldwide, and the company is developing next generation nuclear fuel technology that will increase power output, enhance nuclear power plant economics, and improve used fuel management. The Company is headquartered in Mclean, Virginia.
Stock Performance Snapshot
January 23, 2018 - At Tuesday's closing bell, Lightbridge's stock rose 1.29%, ending the trading session at $2.35.
Volume traded for the day: 4.04 million shares, which was above the 3-month average volume of 1.75 million shares.
Stock performance in the last month – up 130.39%; previous three-month period – up 119.63%; past twelve-month period – up 151.34%; and year-to-date - up 92.62%
After yesterday's close, Lightbridge's market cap was at $27.33 million.
The stock is part of the Basic Materials sector, categorized under the Synthetics industry.
Active-Investors (A-I) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. A-I has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
A-I has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third-party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email firstname.lastname@example.org. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by A-I. A-I is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
A-I, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. A-I, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, A-I, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither A-I nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://active-investors.com/legal-disclaimer/.
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Phone number: 73 29 92 6381
Office Address: 6, Jalan Kia Peng, Kuala Lumpur, 50450 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.