Significant Operational Milestones
Lightbridge achieved several milestones at Idaho National Laboratory, including co-extrusion of an 8-foot rod using depleted uranium-zirconium alloy, completion of the final review for irradiation testing, and successful fabrication of enriched uranium-zirconium alloy samples.
Strategic Collaboration with Oklo
Lightbridge entered into an agreement with Oklo for potential colocation of Lightbridge Fuel fabrication facility within Oklo's advanced fuel manufacturing facility, enhancing synergies and reducing costs.
Inclusion in Russell Indexes
Lightbridge's inclusion in the Russell 2000 and Russell 3000 indexes marks an important recognition of its market presence and provides enhanced visibility among institutional investors.
Supportive Political Environment
Executive orders by the White House to prioritize nuclear energy deployment align with Lightbridge's capabilities, creating substantial market opportunities.
Strong Financial Position
Lightbridge's cash and cash equivalents totaled $97.9 million at the end of the second quarter, up from $40 million at the end of 2024, significantly strengthening its financial position.