other material
confidence high
sentiment positive
materiality 0.55
Lightbridge announces DOE award to MIT for study of Lightbridge Fuel in NuScale SMR
LIGHTBRIDGE Corp
- DOE awards MIT ~$800k to simulate Lightbridge Fuel performance inside a NuScale Power SMR.
- Study funded entirely by DOE; Lightbridge Fuel is accident tolerant fuel technology.
- Collaboration includes MIT's Department of Nuclear Science & Engineering and NuScale Power.
- Seth Grae calls this a non-dilutive opportunity to advance fuel development with DOE support.