Lightbridge selected for DOE Launch Pad INL; SHED facility to accelerate LTA production

LIGHTBRIDGE Corp

Selected by DOE's NRIC to participate in Launch Pad INL; will build SHED facility at Idaho National Laboratory.
SHED will manufacture Lead Test Assemblies under DOE authorization, bypassing NRC licensing for pilot scale; LEFF proceeds separately under NRC licensing.
Preliminary cost estimates: existing cash expected to fund construction, operation, and decommissioning of SHED; facilities privately financed.
Utilities seek LTAs in commercial reactors by mid-2030s and large-scale use by 2040; Lightbridge aims to beat that timeline.
Lightbridge Fuel designed to raise reactor power output up to 10% (existing), 20% (high-capacity steam generators), ~1/3 (new builds), with enhanced safety margins.

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