What changed
Lightbridge was selected for the U.S. Department of Energy’s Launch Pad program at Idaho National Laboratory. The Special HALEU Extrusion Demonstration facility will produce Lead Test Assemblies under DOE authorization, while the Lightbridge Expandable Fuel Facility proceeds separately toward NRC licensing for commercial-scale production. Based on preliminary estimates, existing cash and financial resources are expected to be sufficient to fund construction, operation, and decommissioning of SHED.