08:09 AM EDT, 03/25/2026 (MT Newswires) -- Lightbridge ( LTBR ) said Wednesday that it has been named to the Industry Advisory Board of a US Department of Energy-funded $6 million nuclear materials research project.

The company said the four-year project, which was awarded to The Pennsylvania State University, is part of the Energy Department's University Nuclear Research Infrastructure Revitalization program. It said the project will advance the study of nuclear materials necessary to develop next-generation reactors and assess their safety.

The other members of the Advisory Board include X-Energy, Westinghouse Electric Company, and Kairos Power, the company said.