Nuclear fuel technology development company Lightbridge (NASDAQ:LTBR)'s Framatome has received a voucher from the U.S. Department of Energy’s granting approval to support the development of Lightbridge Fuel.
Framatome is a French fuel and technology company. This is Framatome’s third accelerated innovation in nuclear voucher (GAIN) and its first supporting the Lightbridge Fuel design conducted by Enfission LLC, the joint venture between Framatome and Lightbridge.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
The DOE’s GAIN program supports the development of Lightbridge Fuel in collaboration with Idaho National Laboratory.
“This voucher enables Framatome to apply focused attention on key licensing steps to commercialize Lightbridge Fuel,” said Robert Freeman, vice president, contracts and services, fuel commercial and customer center at Framatome in a press release. “We are enthusiastic about the transformative science and technology benefits of this metallic fuel’s unique composition and geometry for the nuclear energy industry."
Lightbridge shares spiked up more than 8 percent on high volume early Thursday morning, but traded lower around 80 cents per share at time of publication.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.