Press Releases For Month: July 2020
Help May Be On Its Way: US Nuclear and Grapheton Develop Neural Technology

Help May Be On Its Way: 10% Of Worlds Population Suffers From Pain or Depression US Nuclear and Grapheton Develop Neural Technology

Los Angeles, CA.  July 14, 2020 – US Nuclear Corp. (OTC: UCLE), working with a start-up company similar to Elon Musk’s ‘Neuralink’, Grapheton, is eager to announce how Grapheton’s neural stimulation technology can help treat chronic pain and depression.  It is estimated that 500 million people suffer chronic pain worldwide, and 300 million people suffer depression worldwide, affecting more people than any other health burden and adding to suicide and drug addiction rates.  These symptoms are mentally and financially devastating to the afflicted persons and their families.  In fact, the total US economic burden of major depressive disorder is now estimated to be $210 billion per year*. Chronic pain and depression are extremely complex disorders that are incredibly hard to treat.  Fortunately, deep brain stimulation is proving to be an effective emerging treatment, and Grapheton has made several significant advances and improvements to the technology to make it even more viable.

Deep brain stimulation involves the surgical implantation of tiny electrodes in your brain that send electrical signals to the areas of your brain where the problems (pain, depression, or movement disorders) originate.  These electrical signals regulate the brain’s activity in that region which can relieve the symptoms.

Depression treatments can range from medications to lifestyle changes, therapy, or any combination of the above.  Unfortunately, some medications just exacerbate the problem, and some people have treatment-resistant depression.  Deep brain stimulation is emerging as an effective treatment solution for chronic and resistant depression and has been reported to improve mood, alleviate depression, and lead to an increase in quality of life.

Chronic pain can also be alleviated the same way by neural stimulation.  In addition to the physical pain, chronic pain activates areas of the brain that deal with depression and anxiety.  Therefore, to completely relieve chronic pain you also need to treat the emotional aspects of the depression and suffering, which are accomplished through deep brain stimulation therapy.

Traditionally, deep brain stimulation therapy has involved multiple invasive cranial surgeries to implant and then maintain the neural probes and batteries.  However, Grapheton has revolutionized the field of implantable neural technology with the following advances and patents:

  1. Created new multifunctional probes for simultaneous electrical and chemical detection over large brain area neural circuits to treat Parkinson’s and Alzheimer’s disease.
  2. Grapheton’s new graphene-polymer carbon-based electrode doesn’t corrode and can last as long as 40 years or more, thereby eliminating or greatly reducing the surgery required for maintenance. Current probes from other providers only last between 1-5 years before requiring surgery again.
  3. Grapheton fabricates their own implantable integrated circuits. In the future, these may supplement or augment brain function.
  4. Grapheton developed a new self-charging battery that uses the brain’s own salty liquid environment as the power source, negating the need for additional cranial surgeries for battery replacement and maintenance.
  5. New two-way electrical and chemical communication with brain neurons, which allows more effective, tailored, and on-demand electrical stimulation, and eliminates most of the current side-effects, thus allowing treatment of a wider variety of patients.

Grapheton’s neural imaging and stimulation probes are already in use at various research centers.  With the support of US Nuclear, Grapheton’s technology will revolutionize neural stimulation therapy and provide an effective, conclusive treatment for the hundreds of millions of people suffering from chronic pain and depression.

*The total economic burden of MDD is now estimated to be $210.5 billion per year:

http://www.workplacementalhealth.org/Mental-Health-Topics/Depression/Quantifying-the-Cost-of-Depression_

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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 sales 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 Corp. Announces 2019 Annual Financial Results

US Nuclear Corp. Announces 2019 Annual Financial Results

Los Angeles, CA. July 7, 2020 – US Nuclear Corp. (OTC: UCLE), a leading manufacturer of advanced radiation, chemical, and biological detection and UAV instrumentation, announced the annual results for the year ended December 31, 2019.

2019 Annual Highlights

  • Total sales revenue of $3,540,387 compared to $3,634,560 the previous year
  • Gross profit for 2019 was $1,934,940, an increase of 0.4% compared to the previous year
  • Gross margin increased to 54.7% as compared to 53.0% the previous year
  • Net loss of $3,160,773 primarily due to stock-based compensation ($2,353,959 for the year ended December 31, 2019)
  • Write-down of investments of $508,000
  • Purchased 40% stake in brain-machine interface startup Grapheton
  • Secured an equity position in Magneto-Inertial Fusion Technology Inc. (MIFTI) and completed final payment for 10% interest in MIFTEC Laboratories in addition to sales and manufacturing rights
  • $1,087,660 cash in the bank with a large order backlog

Robert Goldstein, CEO of US Nuclear Corp., commented:

“We are very excited about the progress of US Nuclear this past year and for the outlook on the future. Sales revenue was strong for 2019, and the slight decrease in revenue from the previous year was primarily the timing of shipment for larger orders. We are working with a new business development company to help increase our online presence, inbound leads, and sales revenue.

The net loss we reported was due to stock-based compensation for acquiring 40% of Grapheton, also increasing our stake and our sales and manufacturing rights in MIFTEC and MIFTI fusion generator companies. Our early investment and involvement with these promising companies will not only reap huge rewards for us in the future but will help US Nuclear grow and expand as a sensor manufacturer. Grapheton (in the same space as Elon Musk’s Neuralink) is at the forefront of the brain-machine interface revolution for treating injuries and disease with several patented advantages already, and MIFTI has a test planned at L3 Harris for 2020 that could be the first in history to achieve the “break-even point” -the gateway requirement for fusion power and medical isotope production.”

US Nuclear Corp. Announces 2019 Annual Financial Results

 

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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 sales 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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