newsfilter
← Latest News
GlobeNewswire·

Lightbridge Receives Notice of Allowance for a Korean Patent Covering Its Mixed-Grid Nuclear Fuel Assembly Design

  • Lightbridge Corporation received a Notification of Patent Grant from the Korean Ministry of Intellectual Property for a nuclear fuel assembly application.
  • The granted patent covers 17 claims for a fuel assembly featuring a mixed grid pattern that combines two different grid types.
  • Allowed claims specify a fuel bundle with a circular perimeter suitable for pressurized heavy water reactors like CANDU designs.
  • Each fuel element possesses a multi-lobed profile with spiral ribs that touch at intervals to secure elements within the assembly.
  • Dependent claims include bundles of 19 or 61 fuel elements, alternating grid patterns on concentric circles, & combinations with conventional or poison rods.
  • This application is a divisional of a 2022 patent, broadening protection to any mixed grid pattern without restricting specific shapes like rectangular or triangular grids.
  • South Korea operates 26 nuclear reactors & plans to increase nuclear power's share of electricity generation from 30.7% in 2023 to 35.2% in 2038.
  • CEO Seth Grae stated the new patent supports both Lightbridge's light water & CANDU fuel designs in a country that builds & exports its own reactor technology.
  • Lightbridge maintains an extensive worldwide patent portfolio covering jurisdictions representing the majority of global nuclear generating capacity.
  • The company has long-term framework agreements with Battelle Energy Alliance for work at Idaho National Laboratory & received DOE funding for fuel development.