Lightbridge Vice President Dr. Aaron Totemeier Appointed to the Advanced Nuclear Energy Technologies Working Group of the Virginia Nuclear Energy Consortium

RESTON, Va., July 11, 2022 (GLOBE NEWSWIRE) -- Lightbridge Corporation (NASDAQ:LTBR ), an advanced nuclear fuel technology company, is pleased to announce that Lightbridge Vice President of Fuel Cycle Technology and Fuel Fabrication Dr. Aaron Totemeier has been appointed to the Advanced Nuclear Energy Technologies Working Group (the "Working Group") of the Virginia Nuclear Energy Consortium (VNEC) effective immediately. VNEC was created to represent stakeholders invested in the development of nuclear energy, including the state of Virginia, institutions of higher education, nuclear energy companies, suppliers, and local organizations who support the advancement of the nuclear industry. The Advanced Nuclear Energy Technologies Working Group materialized from Virginia House Bill 894 signed by Virginia Governor Glenn Youngkin to "convene a stakeholder work group to identify strategies and any needed public policies, including statutory or regulatory changes, for promoting the development of advanced small modular reactors in localities in the Commonwealth ." The first meeting of the working group will take place today, Monday, July 11 in Richmond, VA, and will include Dr. Kathryn Huff, Assistant Secretary for Nuclear Energy at the U.S. Department of Energy. Dr. Aaron Totemeier commented: "I am excited to join this important Working Group on behalf of Lightbridge. Momentum continues to build in our industry, as well as the public sector, towards accelerating the advancement of next-generation nuclear technologies, including small modular reactors and the fuels that support them. Lightbridge is developing Lightbridge Fuel™ to increase the operational efficiencies and benefits of future SMRs, along with existing reactors. Expanding nuclear power is central to tackling climate change and strengthening energy security, and I am very pleased to join my esteemed colleagues in this critical initiative for Virginia." Current VNEC ... Full story available on Benzinga.com