Lightbridge Corporation engages in the development, promotion, and marketing of its patented nuclear fuel designs in the United States and internationally. Its nuclear fuel designs include thorium/uranium nuclear fuel for use in commercial nuclear power plants, thorium/reactor-grade plutonium disposing fuel, and thorium/weapons-grade plutonium disposing fuel for use in existing light water reactors. The company also provides nuclear energy consulting and strategic advisory services to commercial and government owned entities planning to create or expand electricity generation capabilities using nuclear power plants. It offers integrated strategic advice across a range of areas, including nuclear reactor procurement and deployment, reactor and fuel technology, international relations, and regulatory affairs. Lightbridge Corporation has a collaboration agreement with AREVA. The company was formerly known as Thorium Power, Ltd. and changed its name to Lightbridge Corporation in September 2009. Lightbridge Corporation was founded in 1992 and is based in McLean, Virginia.