Lightbridge and Oklo to explore co-located nuclear fuel facility

RESTON, Va. - Lightbridge Corporation (NASDAQ:LTBR), a nuclear fuel technology company with a market capitalization of $303.59 million that has seen its stock surge 191% year-to-date according to InvestingPro data, and Oklo Inc. (NYSE:OKLO) announced Monday they are exploring the potential co-location of a Lightbridge fuel fabrication facility within Oklo’s planned advanced fuel manufacturing infrastructure.

The collaboration, formalized under a Memorandum of Understanding signed earlier this year, aims to assess the feasibility of commercial-scale fuel fabrication for both fast reactors and light water reactors. While Lightbridge maintains a strong balance sheet with a current ratio of 59.49, InvestingPro analysis reveals over 10 additional key insights about the company’s financial health and growth prospects.

The initiative includes plans to manufacture fuel using repurposed plutonium from legacy materials, aligning with White House executive orders issued in May 2025 that called for accelerating U.S. nuclear energy deployment. Those directives specifically instructed the Energy Secretary to establish a program for processing surplus plutonium for advanced reactor fuel.

"We’re building the infrastructure to help fuel new nuclear development and deployment," said Jacob DeWitte, Co-Founder and CEO of Oklo. "This collaboration supports our efforts to bolster near- and mid-term advanced reactor fuel supplies with legacy materials such as down-blended uranium and repurposed plutonium."

The proposed facility would serve dual purposes as a commercial production site and joint research and development hub for advanced fuel development, according to the companies.

"Together, we’re working toward a new era of U.S.-led nuclear innovation," said Seth Grae, President and CEO of Lightbridge Corporation.

The companies stated the collaboration aims to strengthen domestic energy security, support advanced reactor deployment, improve existing light water reactor performance, and enhance nuclear fuel supply chain resilience.

This announcement is based on a press release statement from the companies. For investors seeking comprehensive analysis of Lightbridge’s financial position and growth potential, InvestingPro offers an in-depth research report with expert insights and detailed metrics, available as part of its coverage of over 1,400 U.S. stocks.

In other recent news, Lightbridge Corporation reported a net loss of $4.8 million for the first quarter of 2025, increasing from a $2.8 million net loss in the same period last year. Despite the financial loss, the company has strengthened its working capital to $56.5 million, up from $39.9 million at the end of 2024, indicating a robust cash position to support its research and development efforts. Additionally, Lightbridge has identified growth opportunities following new Executive Orders signed by President Trump aimed at revitalizing the nuclear energy sector. These orders align with Lightbridge’s capabilities, particularly in enhancing existing nuclear reactors and expanding into national security sectors. The company believes its nuclear fuel technology could significantly contribute to power uprates in reactors, although it acknowledges challenges in meeting the target of adding five gigawatts of power by 2030.

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