Lightbridge Appoints James Fornof as Vice President for Government Program Management
June 18, 2018 at 07:30 am EDT
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Lightbridge Corporation announced that it has appointed James D. Fornof, PE, CFA, as Vice President for Government Program Management. In this new role, Mr. Fornof will provide leadership, management and oversight of projects involving government funding, as well as assist the company with implementation of corporate goals and strategic initiatives. Prior to joining Lightbridge, Mr. Fornof was a Director of International Nuclear Operations at Fluor Power Group, where he was responsible for nuclear projects globally including new build EPC, operating plant capital improvements, and decommissioning. Mr. Fornof led international nuclear development pursuits in the United Kingdom, Argentina, Poland, and Saudi Arabia including client interface, technology partnering, and supply chain development.
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.
LIGHTBRIDGE CORPORATION 