Month: January 2020

  • US Nuclear Signs Agreement With China National Nuclear Corporation’s Subsidiary

    US Nuclear Signs Agreement With China National Nuclear Corporation’s Subsidiary

    Los Angeles, CA. January 21, 2020 – US Nuclear Corp. (OTC: UCLE) has signed a “Cooperation Agreement” with Dalian Zhonghe Scientific and Technological Development Co., a subsidiary of China National Nuclear Corporation (CNNC), to design, build, and mass-produce radiation detectors and systems for the growing China nuclear market.

    China is the world’s major builder of nuclear power plants, with 46 in operation, 15 under construction, and around 200 planned. Each nuclear power plant requires about $8 million worth of radiation detection equipment. Currently, around 80% of that radiation detection equipment is imported into China at a steep cost. Importing is not favorable due to the high cost and because the functionality has been customized for the country of origin and does not always fit local procedures, regulations, and language. US Nuclear aims to solve this problem.

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