Press Releases For Month: January 2020
US Nuclear Signs Agreement With China National Nuclear’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.

Under this new cooperation agreement, US Nuclear will work with Dalian Zhonghe to design the perfect radiation detection systems for use in Chinese Nuclear Power Plants. These systems are planned to be built at a factory in China to be cost-competitive. Furthermore, this factory will be a new trading partner for US Nuclear, buying sub-assemblies and helping with any required exports to China.

CNNC is the most important player in China’s applied nuclear technology field and is also the earliest company that can design engineer, and manufacture such products. Furthermore, CNNC is affiliated with China Isotope and Radiation Corporation (CIRC), the biggest nuclear medicine manufacturer in China. The CIRC can be an excellent customer for US Nuclear and MIFTEC’s medical isotope generator business.

 

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About US Nuclear Corp.

Originally founded as a spin-off of the Manhattan project in 1946, US Nuclear is a premier manufacturer of hazmat detection equipment, including UAV mounted radiation and chemical detection platforms. US Nuclear sells both domestically and internationally and customers include government and military agencies, homeland security, scientific and national laboratories, nuclear power plants, nuclear research facilities, universities, hospitals, and many more.

Safe Harbor Act

This press release includes “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Actual results may differ from expectations, estimates, and projections and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results.

Investors may find additional information regarding US Nuclear Corp. at the SEC website at http://www.sec.gov, or the company’s website at www.usnuclearcorp.com

CONTACT:

US Nuclear Corp. (UCLE)
Robert I. Goldstein, President, CEO, and Chairman
Rachel Boulds, Chief Financial Officer
(818) 883 7043
Email: info@usnuclearcorp.com

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US Nuclear’s Resolution: Replace All Coal Plants With Green Electric Generators

US Nuclear’s Resolution: Replace All Coal Plants With Green Electric Generators

Los Angeles, CA. January 6, 2020 – It’s the start of the new decade and one of US Nuclear’s (OTC: UCLE) big resolutions is to replace the world’s coal-fired power plants with green, electric fusion generators.

Coal plants can produce more than 100 million tons of coal ash every year, and more than half of that ends up in our lakes, rivers, reservoirs, and landfills, slowly contaminating our water sources and even the very air with toxic chemicals and heavy metals.  When burned, coal releases a number of toxins and pollutants, including mercury, lead, sulfur dioxide, nitrogen oxide, particulates, and other heavy metals.  Coal pollution has been linked to premature deaths, asthma, heart and lung ailments, cancer, neurological problems, acid rain, global warming and climate change, and other severe impacts.  In the US, a staggering 65% of carbon emissions are produced by coal plants.

US Nuclear’s goal is to slowly replace all coal-fired plants with green, electric fusion generators that are fueled by renewable heavy water from the ocean rather than fossil or nuclear fuels.  US Nuclear will manufacturer the electric generators, which are being developed by their strategic partner, who has already achieved historic milestones towards building a commercial fusion generator powerful enough to economically produce electricity for our power grids.  The purpose of these electric generators is to produce safe, clean, low-cost energy, and be scalable and compact compared to all other energy production footprints.

 

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About US Nuclear Corp.

Originally founded as a spin-off of the Manhattan project in 1946, US Nuclear is a premier manufacturer of hazmat detection equipment, including UAV mounted radiation and chemical detection platforms.  US Nuclear sells both domestically and internationally and customers include government and military agencies, homeland security, scientific and national laboratories, nuclear power plants, nuclear research facilities, universities, hospitals, and many more.

Safe Harbor Act

This press release includes “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Actual results may differ from expectations, estimates, and projections and, consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results.

Investors may find additional information regarding US Nuclear Corp. at the SEC website at http://www.sec.gov, or the company’s website at www.usnuclearcorp.com

CONTACT:

US Nuclear Corp. (UCLE)
Robert I. Goldstein, President, CEO, and Chairman
Rachel Boulds, Chief Financial Officer
(818) 883 7043
Email: info@usnuclearcorp.com

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