Lightbridge outlines opportunities created by nuclear executive orders

Lightbridge (LTBR)announced how President Trump’s recent nuclear energy Executive Orders create opportunities for the company’s advanced fuel technology and business strategy. On May 23, 2025, President Trump signed four Executive Orders representing the most significant policy shift toward nuclear energy in decades. The most relevant provisions for Lightbridge come from the executive order “Reinvigorating the Nuclear Industrial Base,” which directs the Department of Energy to prioritize work with the nuclear energy industry to facilitate power uprates to existing reactors. The company said, “To date, according to the U.S. Nuclear Regulatory Commission, U.S. nuclear power plants have added approximately 8 GWe of additional generating capacity via power uprates, primarily through measurement uncertainty recapture and stretch power uprates. We believe that Lightbridge Fuel will be able to provide additional power uprate opportunities to existing nuclear power plants. We believe enabling power uprates of up to 17% in existing reactors is one of Lightbridge Fuel’s most value-adding capabilities. We may not meet the executive order’s goal of adding five gigawatts of power uprates to existing reactors by 2030. Still, this direct policy support for power uprates aligns with the objectives of Lightbridge. Utilities seeking to implement power uprates will need cost-effective, safety-enhancing solutions. We believe Lightbridge Fuel is well-positioned to meet these requirements. The Executive Orders also create new opportunities in the national security sector. As Lightbridge President and CEO Seth Grae noted in a Friday interview with Barron’s following the signing ceremony, ‘The ability to build reactors on military bases could be a plus. If the federal government is the customer, the process of building a reactor would likely be faster’ and ‘with the military as a customer, they could expedite orders.’ We believe that Lightbridge Fuel’s enhanced safety and performance characteristics make it well-suited for highly reliable power applications, including military installations and critical infrastructure. The Executive Orders frame nuclear energy as essential for ‘a global race to dominate in artificial intelligence’ and ‘access to uninterruptible power supplies for national security.’ This positioning could open new market segments beyond traditional utility applications, including dedicated nuclear power supply at or near data center locations. The Executive Orders emphasize ‘maximizing the efficiency and effectiveness of nuclear fuel through recycling, reprocessing, and reinvigorating the commercial sector.’ We believe provisions supporting plutonium disposition in reactor fuel could present another opportunity for Lightbridge. The Executive Orders establish promising funding opportunities. According to the Executive Orders, the Department of Energy’s Loan Programs Office will prioritize nuclear power projects. At the same time, federal funding will also be directed toward companies demonstrating the largest degrees of design and technological maturity, financial backing, and potential for near-term deployment. Procurement support, forward contracts, and guarantees are authorized for domestic fuel supply. We believe Lightbridge is well-positioned to seek funding opportunities facilitated by this Executive Order.”