Lightbridge Corporation is focused on developing advanced nuclear fuel technology. The Company is developing Lightbridge Fuel, a proprietary nuclear fuel technology for existing light water reactors and pressurized heavy water reactors, which is expected to significantly enhance reactor safety, economics, and proliferation resistance. It also develops new nuclear power plants, large and small, and enhances proliferation resistance of spent nuclear fuel while supplying clean energy to the electric grid. Its target market segments include water-cooled commercial power reactors, such as pressurized water reactors (PWRs), boiling-water reactors (BWRs), water-moderated energetic reactors (VVERs), Canada Deuterium Uranium (CANDU) heavy water reactors, water-cooled small modular reactors (SMRs), as well as water-cooled research reactors. The Company is also developing Lightbridge Fuel for new SMRs to bring the same benefits plus load-following with renewables on a zero-carbon electric grid.