Lightbridge CEO Seth Grae joins Marley Kayden live from Davos, where he says executives share greater optimism for nuclear power's outlook. As calls for more electricity increase amid surging AI demand, Seth explains that Lightbridge tests the fuel behind nuclear power and how it fuels that demand. He also talks about Oklo Inc. (OKLO) and how it and Lightbridge compete in different aspects of the nuclear energy trade.
1:54A lot of people don't look at nuclear in a positive light, but obviously Lightbridge trying to change that narrative too, right?
3:35Why are your two companies different and why are you deciding to buck the trend?
5:32How important are these types of relationships and partnerships to Lightbridge eventually being able to get its fuel approved and get it into these reactors to power these already existing large-scale nuclear reactors?
6:50Do you have any sort of timeline on approvals?
Welcome back to Trading 360. I'm Marley Kaden live in our Chicago headquarters. It's time to spotlight Lightbridge. Joining us now to help us do that, Seth Grae, president and CEO at Lightbridge Corp. Seth, it is so wonderful to see you. I feel as though every time we speak, you are joining me from some fantastic place. I believe last time it was Capitol Hill. Now you're joining us from Davos. So, thank you for taking the time. I'd love to know your takeaways from Davos. We're hearing so much more discussion about nuclear than ever before out of the World Economic Forum. How different is this year than past years?
It was very interesting. A lot of people I spoke with who would not normally in past years be as enthusiastic about nuclear were this year, like people from environmental organizations and climate NGOs that have really gotten supportive of nuclear from around the world. People concerned about their national security, concerned about nuclear power, wanting to see increased nuclear power in their countries. Really the capstones were President Trump's speech when he said that nuclear is such an important goal for the United States, and at other parts of his talks he talked about the goal of quadrupling nuclear in the United States, and that's part of the US goal of tripling it in the world. And then Elon Musk gave a talk where he talked about how the limiting factor for AI growth is electrical power, and that all comes together. So it was very much a very important topic. Obviously Greenland and international security issues dominated overall, but right after that I would say it was energy with nuclear being the hottest topic.
And what do you think is the driver behind that? I mean we hear this data center discussion. We know they're getting built. We know we need something to power them. They need energy. But what do you think is really changing the sentiment around it? Because that is the other component of nuclear. It's sort of the negative component. A lot of people don't look at nuclear in a positive light, but obviously Lightbridge trying to change that narrative too, right?
So, Lightbridge will bring tremendously more power and enhanced safety to the existing reactors. So, you can get more power and enhanced safety before even building new reactors. And we're testing our fuel that will do that now in Idaho National Laboratory where it's in a reactor and we'll have results coming up in 2026. So it's a very important year for us. And I think that the data centers need constant reliable electricity and the companies prefer clean power. And when you talk about constant, reliable, and clean, and then you need to add massive amounts of it, you're talking about just staggering amounts of power that you really can't get there from here without nuclear as part of the mix. We all know that wind and solar are intermittent. But so in a sense are natural gas and even coal and hydro, in that there are times of day that they're just not providing full power, and the fuel has to be delivered constantly to coal and natural gas plants. Nuclear has years of fuel on the site. So, it's really the most reliable producer of power for industries that need the most reliable electricity.
And Seth, you've made a point in the past and I've also read quite a bit of commentary that advanced nuclear companies often do not cooperate with each other, but Lightbridge is different in that you and Oklo are cooperating, are collaborating here. You know, what led to that? Why are your two companies different and why are you deciding to buck the trend?
6 more exchanges in this transcript
Sign in free to read the rest of this interview. No card required.
Grae, S. (2026, January 23). Lightbridge CEO Interview on the Schwab Network from January 23, 2026 [Interview transcript]. Lightbridge Corporation. CEOInterviews.AI. https://ceointerviews.ai/interview/1167336/
MLA
Seth Grae. "Lightbridge CEO Interview on the Schwab Network from January 23, 2026." Lightbridge Corporation, 23 Jan. 2026. Transcript, CEOInterviews.AI, https://ceointerviews.ai/interview/1167336/.
BibTeX
@misc{grae2026_1167336,
author = {Seth Grae},
title = {Lightbridge CEO Interview on the Schwab Network from January 23, 2026},
howpublished = {Interview transcript, Lightbridge Corporation. CEOInterviews.AI},
year = {2026},
month = {jan},
url = {https://ceointerviews.ai/interview/1167336/},
note = {Speaker-attributed transcript with timestamps}
}
