Idaho National Laboratory

Battelle EVP Mark Peters Receives Henry DeWolf Smyth Nuclear Statesman Award

Retrieved on: 
Wednesday, May 17, 2023

Battelle Executive Vice President for National Laboratory Management and Operations Mark Peters was presented yesterday with the Henry DeWolf Smyth Award by the American Nuclear Society and the Nuclear Energy Institute at the Nuclear Energy Assembly in Washington, D.C.

Key Points: 
  • Battelle Executive Vice President for National Laboratory Management and Operations Mark Peters was presented yesterday with the Henry DeWolf Smyth Award by the American Nuclear Society and the Nuclear Energy Institute at the Nuclear Energy Assembly in Washington, D.C.
  • The Henry DeWolf Smyth Nuclear Statesman Award recognizes an individual for outstanding service in developing and guiding the peaceful uses of nuclear energy.
  • The award consists of an engraved bronze medal, which incorporates a bust of Henry DeWolf Smyth.
  • The Henry DeWolf Smyth Nuclear Statesman Award was established in 1972 by the Atomic Industrial Forum, now the Nuclear Energy Institute (NEI), and the American Nuclear Society (ANS).

Lightbridge Provides Business Update and Announces First Quarter 2023 Financial Results

Retrieved on: 
Wednesday, May 10, 2023

RESTON, Va., May 10, 2023 (GLOBE NEWSWIRE) -- Lightbridge Corporation (Nasdaq: LTBR), an advanced nuclear fuel technology company, announced its financial results for the first quarter ended March 31, 2023, and provided an update on the Company's continued progress.

Key Points: 
  • RESTON, Va., May 10, 2023 (GLOBE NEWSWIRE) -- Lightbridge Corporation (Nasdaq: LTBR), an advanced nuclear fuel technology company, announced its financial results for the first quarter ended March 31, 2023, and provided an update on the Company's continued progress.
  • Seth Grae, President & Chief Executive Officer of Lightbridge Corporation, commented, “The first quarter has been an eventful and productive time for Lightbridge.
  • The Company maintained a working capital position at March 31, 2023 of $27.9 million and had no debt.
  • Net loss was $2.0 million for both the first quarter ended March 31, 2023 and the first quarter of 2022.

QCI to Present at the 2023 Department of Energy Cybersecurity and Technology Innovation Conference, May 11, 2023

Retrieved on: 
Friday, May 5, 2023

LEESBURG, Va., May 5, 2023 /PRNewswire/ -- Quantum Computing Inc .

Key Points: 
  • LEESBURG, Va., May 5, 2023 /PRNewswire/ -- Quantum Computing Inc .
  • ("QCI" or the "Company") (NASDAQ: QUBT), a first-to-market full-stack photonic-based quantum computing and solutions company, has been invited to present at the 2023 Department of Energy Cybersecurity and Technology Innovation Conference being held at the Hilton Minneapolis Hotel on May 8-11, 2023.
  • Attendees of the Conference will include the DOE enterprise, the federal interagency, academia, international partners, and private industry leaders.
  • To learn more about QCI's full-stack quantum solutions please visit our website and to follow the Conference on Twitter please use hashtag #DOEinnovates23.

Bezos Earth Fund Expands Team, Welcomes Paul Bodnar and Noël Bakhtian

Retrieved on: 
Thursday, April 27, 2023

WASHINGTON, April 27, 2023 /PRNewswire/ -- The Bezos Earth Fund welcomes Paul Bodnar as Director of Sustainable Finance, Industry, and Diplomacy and Dr. Noël Bakhtian as Director of Tech Acceleration, adding to its growing team of experts working to fight climate change and protect and restore nature.

Key Points: 
  • WASHINGTON, April 27, 2023 /PRNewswire/ -- The Bezos Earth Fund welcomes Paul Bodnar as Director of Sustainable Finance, Industry, and Diplomacy and Dr. Noël Bakhtian as Director of Tech Acceleration, adding to its growing team of experts working to fight climate change and protect and restore nature.
  • Paul Bodnar joins the Earth Fund after serving as BlackRock's Global Head of Sustainable Investing and Head of Sustainability Policy.
  • "I am grateful for the opportunity to join the Bezos Earth Fund team as they continue to have a transformative impact on climate and nature," said Bodnar.
  • "I'm excited to be joining the Bezos Earth Fund, bringing my focus to accelerating our ambitious vision to deliver impactful outcomes," said Dr. Bakhtian.

Lightbridge Appoints Dr. Scott Holcombe as Vice President of Engineering

Retrieved on: 
Tuesday, April 25, 2023

RESTON, Va., April 25, 2023 (GLOBE NEWSWIRE) -- Lightbridge Corporation (Nasdaq: LTBR), an advanced nuclear fuel technology company, today announced the appointment of Dr. Scott Holcombe as Vice President of Engineering.

Key Points: 
  • RESTON, Va., April 25, 2023 (GLOBE NEWSWIRE) -- Lightbridge Corporation (Nasdaq: LTBR), an advanced nuclear fuel technology company, today announced the appointment of Dr. Scott Holcombe as Vice President of Engineering.
  • Responsibilities will also include the technical oversight of all activities related to the fabrication and licensing of Lightbridge’s advanced nuclear fuel technologies.
  • Dr. Scott Holcombe is an accomplished professional with a strong background in nuclear fuel and materials performance, nuclear engineering, and project management.
  • “We are delighted to welcome Dr. Scott Holcombe to Lightbridge,” commented Seth Grae, President and CEO of Lightbridge.

NANO Nuclear Energy Signs Strategic Partnership Project Agreement with Idaho National Laboratory for an Expert Review Panel of its ZEUS Micro Reactor Design

Retrieved on: 
Thursday, April 20, 2023

INL will provide an expert design review panel of the NANO Nuclear Energy Inc. proprietary “ZEUS” portable and micro reactor design.

Key Points: 
  • INL will provide an expert design review panel of the NANO Nuclear Energy Inc. proprietary “ZEUS” portable and micro reactor design.
  • “This agreement is a big step forward in the development of our proprietary design,” said Jay Jiang Yu, NANO Nuclear Energy’s Founder, Chairman and President.
  • This review panel will provide recommendations on the current design as well as outline a path forward for further design and collaboration between INL and the Company.
  • “Having a facility like INL involved in the review and advancement of the ‘ZEUS’ micro reactor design is essential to achieving our milestones this coming year,” said James Walker, NANO Nuclear Energy’s CEO and Head of Nuclear Reactor Development.

INTRODUCING THE NATION'S FIRST GREEN INTEGRATED ENERGY CENTER

Retrieved on: 
Wednesday, April 12, 2023

MIDDLEBURG, Va., April 12, 2023 /PRNewswire/ --Green Energy Partners LLC of Virginia (GEP) is a property and project development company that is passionate about generating sustainable carbon-free energy. GEP has secured 641 acres in Surry County, Virginia, and plans to create the nation's first fully integrated Green Energy Center. The facility's official name is Surry Green Energy Center (SGEC). This ambitious project includes the building of 1-gigawatt of data centers, establishing a Green Hydrogen Hub, and, over time, deploying four to six small modular reactors (SMRs) each generating on the order of 250 MWe each. The SGEC may also incorporate energy storage capabilities to balance supply and demand at the fully integrated site.

Key Points: 
  • GEP has secured 641 acres in Surry County, Virginia, and plans to create the nation's first fully integrated Green Energy Center.
  • Green Energy Partners of Virginia is aligning with the most accomplished SMR vendors, data center builders and hydrogen hub production experts to lead the world in these carbon-free energy goals.
  • "Surry County's optimal location lets companies easily locate in the nation's first green integrated energy center.
  • – Melissa Rollins, Surry County Administrator
    "We encourage visionary companies like Green Energy Partners of Virginia who step up with efforts and resources as America leads the green energy movement in our world."

Lightbridge Provides Business Update and Announces Fiscal Year 2022 Financial Results

Retrieved on: 
Wednesday, March 29, 2023

RESTON, Va., March 29, 2023 (GLOBE NEWSWIRE) -- Lightbridge Corporation (Nasdaq: LTBR), an advanced nuclear fuel technology company, announced its financial results for the year ended December 31, 2022 and provided an update on the Company's continued progress.

Key Points: 
  • RESTON, Va., March 29, 2023 (GLOBE NEWSWIRE) -- Lightbridge Corporation (Nasdaq: LTBR), an advanced nuclear fuel technology company, announced its financial results for the year ended December 31, 2022 and provided an update on the Company's continued progress.
  • In December 2022, Lightbridge entered into agreements with Idaho National Laboratory (INL), in collaboration with the U.S. Department of Energy, to support the development of Lightbridge Fuel.
  • The project simulates the fuel and safety performance of Lightbridge Fuel inside a small modular reactor (“SMR”) designed by industry leader NuScale Power.
  • Lightbridge was awarded patents covering various aspects of Lightbridge Fuel from patent offices in Eurasia, Canada, and Korea.

FuelCell Energy Reports First Quarter of Fiscal 2023 Results

Retrieved on: 
Thursday, March 9, 2023

DANBURY, Conn., March 09, 2023 (GLOBE NEWSWIRE) -- FuelCell Energy, Inc. (Nasdaq: FCEL) -- a global leader in decarbonizing power and producing hydrogen through its proprietary, state-of-the-art fuel cell platforms to enable a world empowered by clean energy -- today reported financial results for its first quarter ended January 31, 2023.

Key Points: 
  • Compared to the first quarter of fiscal 2022, Advanced Technologies contract revenues recognized under the Joint Development Agreement with EMTEC were approximately $0.1 million higher during the first quarter of fiscal 2023, and revenue recognized under government and other contracts were approximately $0.3 million higher during the first quarter of fiscal 2023.
  • Operating expenses for the first quarter of fiscal 2023 decreased to $27.7 million from $41.9 million in the first quarter of fiscal 2022.
  • Research and development expenses increased to $12.7 million during the first quarter of fiscal 2023 compared to $5.0 million in the first quarter of fiscal 2022.
  • Net loss was $(21.1) million in the first quarter of fiscal 2023, compared to net loss of $(46.1) million in the first quarter of fiscal 2022.

Edge Technologies Awarded Contract from Idaho Environmental Coalition

Retrieved on: 
Wednesday, March 1, 2023

ARLINGTON, Va., March 01, 2023 (GLOBE NEWSWIRE) -- Edge Technologies Inc. ("edgeTI") (TSXV:CTRL; OTC: UNFYF; FSE:Q5i), the U.S. operating company of Edge Total Intelligence Inc. and leader in real-time digital operations solutions, was awarded a contract to deliver real-time actionable dashboards via its edgeCore™ platform to assist the Idaho Environmental Coalition, LLC ( IEC ) in enhancing situation awareness and improving efficient and effective decision making as part of its Idaho Clean-up mission.

Key Points: 
  • ARLINGTON, Va., March 01, 2023 (GLOBE NEWSWIRE) -- Edge Technologies Inc. ("edgeTI") (TSXV:CTRL; OTC: UNFYF; FSE:Q5i), the U.S. operating company of Edge Total Intelligence Inc. and leader in real-time digital operations solutions, was awarded a contract to deliver real-time actionable dashboards via its edgeCore™ platform to assist the Idaho Environmental Coalition, LLC ( IEC ) in enhancing situation awareness and improving efficient and effective decision making as part of its Idaho Clean-up mission.
  • “edgeTI™ is pleased to receive this contract in support of environmental management.
  • The IEC manages cleanup operations at the Idaho National Laboratory (INL) Site.
  • The IEC team has a history of accelerating cleanup to reduce environmental liabilities in a safe, compliant, and cost-effective manner that protects human health and the environment.