Lightbridge Corporation and Quadrant Nuclear Industries Announce Memorandum of Understanding to Adva

[Marlin]

Lightbridge Corporation and Quadrant Nuclear Industries Announce Memorandum of Understanding to Advance Domestic HALEU Fuel Supply

https://www.globenewswire.com/news-release/2026/07/27/3333465/24486/en/lightbridge-corporation-and-quadrant-nuclear-industries-announce-memorandum-of-understanding-to-advance-domestic-haleu-fuel-supply.html

[Core Content]

Lightbridge Corporation and Quadrant Nuclear Industries have signed a memorandum of understanding to explore long-term supply arrangements for high-assay low-enriched uranium. The agreement establishes a framework for potential offtake from the planned Vanguard production facility at Idaho National Laboratory, which aims to produce eighteen metric tons of fuel annually.

This collaboration addresses the industry-wide challenge of securing a domestic HALEU supply chain for advanced reactor technologies. By aligning fuel production with proprietary fuel development, the companies seek to mitigate supply risks and support the commercialization of next-generation nuclear energy. The agreement remains non-binding as both firms continue their respective development and regulatory milestones.

Companies to explore long-term HALEU supply arrangements supporting the commercialization of next-generation nuclear fuel technologies...

July 27, 2026 08:00 ET | Source: Lightbridge Corporation; Quadrant Nuclear Industries Inc. Lightbridge Corporation; Quadrant Nuclear Industries Inc.

RESTON, Va. and BOSTON, July 27, 2026 (GLOBE NEWSWIRE) -- Lightbridge Corporation (Nasdaq: LTBR), a leader in advanced nuclear fuel technology, and Quadrant Nuclear Industries Inc. (QNI), a developer of integrated nuclear fuel cycle capabilities, today announced they have entered into a memorandum of understanding (MoU) to establish a framework for collaboration on the long-term supply of high-assay low-enriched uranium (HALEU) fuel.

Read the full article at GlobeNewswire News Room:
https://www.globenewswire.com/news-release/2026/07/27/3333465/24486/en/lightbridge-corporation-and-quadrant-nuclear-industries-announce-memorandum-of-understanding-to-advance-domestic-haleu-fuel-supply.html