Lightbridge Corporation bags a second voucher from the DOE Gateway for Accelerated Innovation in Nuclear program to help Lightbridge Fuel's development.
FREMONT, CA: Lightbridge Corporation, an advanced nuclear fuel technology firm, secures its second voucher from the U.S. Department of Energy's (DOE) Gateway for Accelerated Innovation in Nuclear (GAIN) program to help the development of Lightbridge Fuel. Working in partnership with the Pacific Northwest National Laboratory (PNNL) in Richland, WA, the scope of this project is to show Lightbridges nuclear fuel casting process leveraging depleted uranium, a vital step in the manufacture of fuel.
The total project value is about $664,000, with three-quarters of this amount funded by DOE for the scope performed by PNNL. The project is hoped to commence in the first half of 2021. Lightbridge Corporation is proud to have been awarded a second GAIN voucher from the DOE, which further validates its advanced nuclear technology and fuel development efforts. The company is pleased to collaborate with PNNL, which has world-class expertise and equipment suited for this project's scope.
This voucher will offer Lightbridge the opportunity to advance the research and development initiatives towards testing and deciding an integral component of the manufacturing process for Lightbridge Fuel. Once a CRADA related to this GAIN voucher is signed, Lightbridge will collaborate with PNNL on a process to cast depleted uranium-zirconium material that PNNL will give to Lightbridge. Together, the project will cast uranium-zirconium ingots that will be given to a battery of testing and analysis, culminating in a report.
The company is grateful for DOEs continued support, which assists American firms such as it in developing next-generation nuclear fuel technology to meet the energy needs while protecting the climate.