Dr. Mushakov oversees the nuclear fuel technology division of Lightbridge Corporation and is an expert in cost modeling and the economics of the nuclear fuel cycle. He has held various positions of increasing responsibility at Lightbridge.
In 2018, Dr. Mushakov was named executive vice president for nuclear operations. In that role, he has led a number of strategic initiatives for Lightbridge that have resulted in collaborative agreements and joint development projects relating to Lightbridge’s metallic fuel technology. More recently, he oversaw a successful team effort leading to two landmark agreements entered into in December 2022 with Battelle Energy Alliance, LLC (BEA), the DOE’s operating contractor for Idaho National Laboratory (INL), to support the development of Lightbridge Fuel™. The framework agreements use an innovative structure that consists of an “umbrella” Strategic Partnership Project Agreement (SPP) and an “umbrella” Cooperative Research and Development Agreement (CRADA), each with BEA, with an initial duration of seven years. Prior to that, he oversaw a team effort to apply for and receive two separate voucher awards from the U.S. Department of Energy’s (DOE) Gateway for Accelerated Innovation in Nuclear (GAIN) program to support development of Lightbridge fuel in collaboration with Idaho National Laboratory (INL) and Pacific Northwest National Laboratory (PNNL). The collaborative project under the GAIN Voucher with INL was completed in 2021 and included experiment design for irradiation of Lightbridge metallic fuel material samples in the Advanced Test Reactor at INL. The collaborative project under the second GAIN Voucher with PNNL was completed in early 2023 and included demonstration of Lightbridge’s nuclear fuel casting process using depleted uranium, a key step in the manufacture of Lightbridge Fuel™.
Dr. Mushakov has been a featured speaker at international conferences and panels on nuclear fuel technology, including the Wharton Energy Conference, the World Nuclear Fuel Cycle Conference, and the ANS Utility Working Conference and Vendor Technology Expo.
He earned a Ph.D. in economics from St. Petersburg State University of Economics and Finance, an M.S. degree in management from Hult International Business School, and a B.S. degree in banking and finance from the Financial University under the Government of the Russian Federation.
What is Andrey Mushakov's net worth?
The estimated net worth of Andrey Mushakov is at least $7.04 million as of October 10th, 2025. Dr. Mushakov owns 395,699 shares of Lightbridge stock worth more than $7,039,485 as of December 5th. This net worth estimate does not reflect any other assets that Dr. Mushakov may own. Additionally, Dr. Mushakov receives an annual salary of $573,830.00 as Executive Vice President, Nuclear Operations at Lightbridge. Learn More about Andrey Mushakov's net worth.
How old is Andrey Mushakov?
Dr. Mushakov is currently 47 years old. There are 3 older executives and no younger executives at Lightbridge. The oldest executive at Lightbridge is Ms. Linda Joan Zwobota CIA, CPA, Part-Time Consultant, who is 73 years old. Learn More on Andrey Mushakov's age.
What is Andrey Mushakov's salary?
As the Executive Vice President, Nuclear Operations of Lightbridge Corporation, Dr. Mushakov earns $573,830.00 per year. The highest earning executive at Lightbridge is Mr. Seth Grae, President, CEO & Executive Director, who commands a salary of $897,280.00 per year. Learn More on Andrey Mushakov's salary.
How do I contact Andrey Mushakov?
Has Andrey Mushakov been buying or selling shares of Lightbridge?
During the last ninety days, Andrey Mushakov has sold $628,830.58 in shares of Lightbridge stock. Most recently, Andrey Mushakov sold 25,093 shares of the business's stock in a transaction on Friday, October 10th. The shares were sold at an average price of $25.06, for a transaction totalling $628,830.58. Following the completion of the sale, the executive vice president now directly owns 395,699 shares of the company's stock, valued at $9,916,216.94. Learn More on Andrey Mushakov's trading history.
Who are Lightbridge's active insiders?
Are insiders buying or selling shares of Lightbridge?
In the last year, insiders at the energy company sold shares 16 times. They sold a total of 253,986 shares worth more than $4,399,805.24. The most recent insider tranaction occured on December, 1st when Director Sweta Chakraborty sold 1,948 shares worth more than $30,135.56. Insiders at Lightbridge own 6.5% of the company.
Learn More about insider trades at Lightbridge. Information on this page was last updated on 12/1/2025.
