LIGHTBRIDGE Corp

Lightbridge Corporation appointed Andrey Mushakov as Executive Vice President & Chief Operating Officer, effective August 6, 2026. Mushakov, previously EVP, Nuclear Operations, will continue under his existing compensation arrangements. Concurrently, the Board approved grants of restricted stock awards (RSA Grants) to certain executive officers, employees, consultants, and board members. These grants are 25% service-based and 75% performance-based, contingent on operational milestones and stockholder approval for an increase in authorized shares.

Lightbridge Corporation announced its Chairman & CEO, Seth Grae, will attend two upcoming investor events in August 2026. These include Citi's 2026 Natural Resources Conference in Las Vegas and the 15th Annual Needham Virtual Industrial Tech, Robotics & Power 1x1 Conference. Grae will host in-person and virtual investor meetings at these events to engage with the investment community.

LIGHTBRIDGE Corp reported a net loss of $5.75 million for the second quarter of 2026, an increase from $3.52 million in the same period last year, and a net loss of $12.10 million for the first half of 2026. The company significantly increased its cash and cash equivalents to $237.47 million and total assets to $240.63 million, primarily through registered offerings that generated $44.4 million in net proceeds during the first half of the year. Operating expenses, particularly R&D and general and administrative, also saw substantial increases as the company continues to invest in its nuclear fuel technology development. Additionally, the Board approved new equity awards in August 2026, including 1 million service-based RSAs and 3 million contingent performance-based PSAs, to support its lead test assembly production strategy and retain key personnel.

Lightbridge Corporation announced its financial results for the second quarter and first half of fiscal year 2026, reporting an increased net loss of $5.8 million for Q2 2026 and $12.1 million for H1 2026. Despite increased operating expenses, the company maintained a strong cash position with $237.5 million in cash and cash equivalents and $236.4 million in working capital at quarter-end. Key business updates include the production of first irradiated material for examination, new patent allowances, a partnership with Studsvik Scandpower, and a memorandum of understanding with Quadrant Nuclear Industries for HALEU supply.

Lightbridge reported a Q2 2026 net loss of $5.8 million, an increase from $3.5 million in Q2 2025, with H1 2026 net loss reaching $12.1 million. Despite increased losses and R&D expenses, the company maintained a strong cash position with $237.5 million in cash and cash equivalents. Operationally, Lightbridge achieved significant milestones including the production of its first irradiated material at Idaho National Laboratory, securing patent allowances, partnering with Studsvik Scandpower, and signing an MoU with Quadrant Nuclear Industries for HALEU supply. The company was also added to the Solactive Global Uranium & Nuclear Components Total Return Index.

Lightbridge Corporation announced it will release its financial results for the second quarter and first half of fiscal year 2026 on Wednesday, August 5, after the market closes. The company will host a conference call on Thursday, August 6, at 4:00 p.m. ET to discuss these results and provide an update on its fuel development activities. Seth Grae, Chairman & CEO, will lead the call, and investors are invited to submit questions by August 3.

Lightbridge Corporation announced that its common stock has been added to the Solactive Global Uranium & Nuclear Components Total Return Index, effective August 3, 2026. This index is the benchmark for the Global X Uranium ETF (URA), one of the largest ETFs in the uranium and nuclear sector. The inclusion positions Lightbridge alongside major industry players and provides investors with broader passive exposure to the company.

Lightbridge Corporation announced that the first batch of its fuel material samples successfully completed irradiation at the Idaho National Laboratory's (INL) Advanced Test Reactor (ATR). The samples were removed on May 6, 2026, and will undergo a cooling period before post-irradiation examination (PIE) begins later this year. This milestone validates the innovation behind Lightbridge Fuel, with data from the PIE expected to support ongoing fuel performance modeling and regulatory licensing for commercial deployment.

Lightbridge Corporation participated in the White House launch of the Utility Power Reactor Incremental Scaling Effort (UPRISE), a federal initiative to expand U.S. nuclear capacity. UPRISE, led by the U.S. Department of Energy, aims to add approximately 5 GW of nuclear capacity by maximizing output from existing reactors. Lightbridge Fuel is designed to deliver significant power uprates for pressurized water reactors, directly positioning the technology to contribute to UPRISE's objectives.

Lightbridge Corporation announced that Chairman and CEO Seth Grae will participate in two events during the week of June 16, 2026. Mr. Grae will attend the Jefferies Houston Power Conference for one-on-one meetings with institutional investors. He will also speak on a closing panel at the 2026 Virginia Is For Nuclear Summit, discussing the role of advanced nuclear fuel in expanding reactor output.