Press Releases For Month: March 2021
US Nuclear Completes $256,626 Shipment To China, Signs New Agreement With CNNC Subsidiary

US Nuclear Completes $256,626 Shipment To China, Signs New Agreement With CNNC Subsidiary

Los Angeles, CA.  March 22, 2021 – US Nuclear Corp. (OTCQB: UCLE) recently completed a shipment to China of USN’S popular tritium and carbon-14 air samplers as well as portable tritium monitors worth a total of $256,626.

Furthermore, as part of US Nuclear’s expansion into the Chinese market, US Nuclear signed a new “Cooperation Agreement” on March 1, 2021, with Dalian Zhonghe Scientific and Technological Development Co., a subsidiary of China National Nuclear Corporation (CNNC). Together, the companies will work to design the perfect instrumentation to outfit Chinese nuclear power plants.  The instruments are planned to be built at a local factory in China to be cost-competitive and will be optimized for Chinese operators based on the local regulations and procedures.  This can be a game-changer since currently 80% of nuclear instruments purchased are imported into China at a high cost, and the functionality often does not fit local procedures, regulations, and language.

US Nuclear already has a local sales office in Beijing, China, and this new cooperation agreement with Dalian Zhonghe will help US Nuclear capture even more of the burgeoning market for nuclear power and radiation detection equipment in China.

The China National Nuclear Corporation (CNNC) controls most nuclear sector business including R&D, engineering design, uranium exploration and mining, enrichment, fuel fabrication, reprocessing, and waste disposal.  It is also said to be the major investor in all nuclear plants in China.

China’s Nuclear Power Measurement Market

China is by far the world’s most active builder of nuclear power with plans to surpass the U.S. as the world’s top producer of nuclear energy by as early as 2030 and expects that nuclear power will account for about 10% of the country’s total electricity generation capacity by 2035 as the country shifts away from coal.  China currently has 50 nuclear power plants in operation (48,659 MWe), 15 under construction (14,745 MWe), 39 planned (43,085 MWe), and 168 proposed.  Each of these nuclear power plants going into operation requires about $10 million worth of radiation and detection equipment.

China National Nuclear Corporation (CNNC) designs and builds nuclear power plants and oversees all aspects of China’s civilian and military nuclear programs.

US Nuclear’s popular, high sensitivity air samplers are used to continuously collect tritium and carbon-14 from the air in sample collection vials over a period of time.  After sample collection is complete, the vials are measured to determine the concentration of radionuclides collected based on the sampling time and flow rate.  Air samplers are often used as compliance monitors to ensure that there are no harmful levels of radionuclides exposed to workers or released into the environment.

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

____________________________________________________

Think About Taking Your First Fusion Powered Trip To Mars And Back

Think About Taking Your First Fusion Powered Trip To Mars And Back

LOS ANGELES, CA / March 1, 2021 /

On February 18, 2021, NASA’s advanced Perseverance rover touched down on Mars and is now seeking evidence of native life on the red planet.  Sooner than you think, human engineers and adventurers may be building the first town on Mars.  While we have made great strides in robotics technology, the next step in the journey is sending humans to Mars.  In order to send a crewed mission to Mars, NASA is focusing on nuclear electric or nuclear thermal propulsion systems for minimizing the time and fuel it takes to travel to Mars and back.

Jim Reuter, the associate administrator of NASA’s Space Technology Mission Directorate, said NASA is “investing in technologies that could enable crewed missions to Mars, and looks forward to seeing what innovations industry offer in nuclear propulsion.”  NASA released a solicitation on February 12, 2021 asking the industry for preliminary reactor design concepts for a nuclear thermal propulsion system.  Technology development has already begun for sending a crewed mission to Mars as early as the 2030s.  US Nuclear (OTCQB: UCLE) and MIFTI’s fusion power generator would be ideal for this application, as its nuclear fusion power uses a lightweight, safe, and low-cost fuel.  It generates four times as much energy as nuclear fission, and 10,000,000 times as much as chemical rocket fuels.

Nuclear power propulsion would allow the crewed mission to be completed with much less fuel and in a shorter time frame.  NASA said that “to keep the round-trip crewed mission duration to about two years, at a minimum, NASA is looking at nuclear-enabled transportation systems to facilitate shorter-stay surface missions.”  Nuclear fuels and power systems, such as the MIFTI fusion power generator, can deliver 10,000,000 times the work (or energy) per payload pound than the chemical rocket fuels traditionally used.

Nuclear fusion can be used for both thermal nuclear propulsion and electric nuclear propulsion, and it is estimated that it would only take 3 months to reach Mars using a fusion-powered propulsion system.  In addition, the fuel for fusion power can be generated anywhere there is water or ice, and unlike fission, is not dependent on the ready supply of enriched Uranium.  Thermal nuclear propulsion gives high thrust and is especially important to shorten flight time for nearby missions to Venus, Mars, and the inner asteroid belt.  Electric nuclear propulsion is high efficiency but lower thrust and can give continuous acceleration for many years without refueling, thus building up to incredible speeds for trips to Jupiter, Pluto, and even to other stars.

NASA goes on to say that “nuclear propulsion can enable robust and efficient exploration beyond the Moon and it will continue to develop test, and mature various propulsion technologies.”  US Nuclear and MIFTI are just a few years away from building the world’s first fusion power generator which could later be used to power space travel.

Source: https://www.nasa.gov/directorates/spacetech/nuclear-propulsion-could-help-get-humans-to-mars-faster

Photo Credits: NASA

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

____________________________________________________