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Stock impact report

Lightbridge Receives Notification of Patent Grant from the Korean Intellectual Property Office

Lightbridge Corporation (LTBR) 
US:NASDAQ Investor Relations: ir.ltbridge.com
Company Research Source: GlobeNewswire
RESTON, Va., Oct. 03, 2019 (GLOBE NEWSWIRE) -- Lightbridge Corporation (NASDAQ: LTBR), a nuclear fuel technology development company, today announced that it has received a Notice of Patent Grant for a divisional patent from the Korean Intellectual Property Office (KIPO) related to one of the embodiments of its fuel assembly design incorporating metallic fuel rods. This new patent is the latest addition to the Company’s growing intellectual property portfolio and follows similar approvals in other markets worldwide. Lightbridge’s advanced nuclear technology is designed to significantly improve the economics, performance and safety of nuclear power plants. Seth Grae, Chief Executive Officer of Lightbridge, commented, “This latest patent in Korea further expands the broad global patent protection already surrounding our fuel design. Korea is an important market for our fuel, with 24 nuclear reactors that provide about one-third of South Korea's electricity. Additionally, South Korea Show less Read more
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