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December 29, 2017 | no comments | Article | by: ian@overhoff.com

View US Nuclear Corp.'s profile at https://www.ldmicro.com/profile/UCLE.

News Compliments of ACCESSWIRE.

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This press release may contain certain forward-looking statements, including statements with regard to the future performance of CODI. Words such as "believes," "expects," projects," and "future" or similar expressions, are intended to identify forward-looking statements. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions. Certain factors could cause actual results to differ materially from those projected in these forward-looking statements, and some of these factors are enumerated in the risk factor discussion in the Form 10-K filed by CODI with the SEC for the year ended December 31, 2016 and other filings with the SEC. Except as required by law, CODI undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

CONTACT:

US Nuclear Corp. (OTC PINK: UCLE)
Robert I. Goldstein, President, CEO, and Chairman
Ph: (818) 883 7043
Email: info@usnuclearcorp.com
www.usnuclearcorp.com

SOURCE: US Nuclear Corp.

Nucsafe Brief Company Profile:

Since 1999, Nucsafe has been focused on nuclear security markets including border, port security, mobile and aerial monitoring and specialized portable applications. Nucsafe manufactures radiation measurement systems for the nuclear safeguards industry, law enforcement and federal agencies tasked with providing nuclear safety and protecting public security. The company has grown to more than 60 employees in the last 6 years including technical and professional staff with decades of experience in commercial nuclear instrumentation and gamma spectroscopy. ISO certification is in place and both facilities. Proven production capacity of 30 systems per month and a current manufacturing capacity to produce 100 systems per month.

CONTACT:

US Nuclear Corp. (OTCBB: UCLE)
Robert I. Goldstein, President, CEO, and Chairman
Ph: (818) 883 7043
Email: info@usnuclearcorp.com
www.usnuclearcorp.com

Nucsafe Inc
Lester Sideroplous, President, COO
Ph: (865) 220 5050
Email: lsidero@nucsafe.com
www.nucsafe.com

December 15, 2017 | no comments | Article | by: ian@overhoff.com

The goal of this alliance will be to strategically assist each other in promoting, building, selling, and servicing radiation detection equipment in the USA and around the world. Benefits of this cooperation include:

  1. Bigger footprint will allow for qualifying and bidding on significantly larger government and industry contracts, especially those that require quick shipment.
  2. Cross selling each other’s products.
  3. Providing complimentary products for customer convenience—a “one-stop shop.”
  4. Sharing engineering and marketing/sales experience, for both domestic and international markets.
  5. Cooperating on joint development projects, such as filling out the US Nuclear suite of instruments to outfit new nuclear power plants.
  6. Operating facilities in this alliance include: Los Angeles CA, Cincinnati OH, Oakridge TN, Corbin KY, and Beijing China.
  7. Combined manufacturing and warehouse space:   65,000 sq ft (1.45 acre indoor space)
  8. Combined work force:   75 employees
  9. Combined annual sales about: $20 million USD

Nucsafe Brief Company Profile:

Since 1999, Nucsafe has been focused on nuclear security markets including border, port security, mobile and aerial monitoring and specialized portable applications. Nucsafe manufactures radiation measurement systems for the nuclear safeguards industry, law enforcement and federal agencies tasked with providing nuclear safety and protecting public security. The company has grown to more than 60 employees in the last 6 years including technical and professional staff with decades of experience in commercial nuclear instrumentation and gamma spectroscopy. ISO certification is in place and both facilities. Proven production capacity of 30 systems per month and a current manufacturing capacity to produce 100 systems per month.

CONTACT:

US Nuclear Corp. (OTCBB: UCLE)
Robert I. Goldstein, President, CEO, and Chairman
Ph: (818) 883 7043
Email: info@usnuclearcorp.com
www.usnuclearcorp.com

Nucsafe Inc
Lester Sideroplous, President, COO
Ph: (865) 220 5050
Email: lsidero@nucsafe.com
www.nucsafe.com

 

December 1, 2017 | no comments | Article | by: ian@overhoff.com

Aerial Radiation and Chemical Detection

November 15, 2017 | no comments | Article | by: ian@overhoff.com

US Nuclear Corp signs letter of intent to manufacture MIFTEC medical isotope generators

by John Fischer , Staff Reporter

he radiation detection holding company signed a letter of intent last week with MIFTEC, whose parent company is Magneto-Inertial Fusion Technologies Inc. (MIFTI) Nuclear Fusion, for the sole manufacturing rights of its generators. These utilize its Staged Z-Pinch fusion technique to produce a high number of neutrons, which can then be used to create medical isotopes. “One of the reasons that we’re so excited to be constructing this agreement is that MIFTI and MIFTEC have developed a procedure for producing a large flux of neutrons from a very small footprint,” Robert I. Goldstein, president, CEO and chairman of US Nuclear Corp, told HCB News. “The plan is to build these radioisotope generators and sell them for maybe $6-$10 million each. If you want to put up a nuclear reactor, you’re talking hundreds of millions of dollars to make the initial investment.”

Health care currently faces risks of shortages in isotopes, preventing millions of patients from undergoing diagnostic scans and treatment. The situation is partly due to shortages and deteriorating sources of these substances from Russia, Belgium, Canada and South Africa, with the number of nuclear reactors globally few and far between, and existing ones aged. No manufacturers or suppliers exist in the U.S., partially due to strict rules and the need to obtain various forms of permission, according to Goldstein.

The concept of Staged Z-Pinch fusion consists of a zeta pinch, a type of plasma confinement system that uses an electrical current in the plasma to generate a magnetic field. The magnetic field and a shock wave compress the gasses in the system, in which an outpouring of neutrons derive from and instigate the transmutation of isotopes, thereby creating radioisotopes.

MIFTI’s version of the Staged Z-Pinch fusion technique may produce fusion energy, which is fueled by hydrogen. Fusion power is expected to be cleaner and more affordable compared to fission power, which is derived from uranium and plutonium and is the main source behind the production of current medical radioisotopes.

Advanced Research Projects Agency-Energy (ARPA-E), a U.S. government branch tasked with funding research and development of advanced early technologies, has recognized and awarded MIFTI for its approach and quick progression toward fusion energy by providing a nearly limitless supply of clean, domestic power.

MIFTEC and US Nuclear Corp believe that using the system will cut the current cost of producing radioisotopes by fifty percent or more, enabling greater access among individuals to medical isotope diagnostics and treatment, and potentially putting an end to the shortage.

“We’re going to be able to make pretty much every different isotope,” said Goldstein. “One of the beauties of our system is that all the neutrons come out of the same energy, and with filtration we can bring that energy down near the excitation energy required for each different nuclide that somebody wants. With a reactor, it’s just random. You get high energy, low energy. With ours, you get a fixed energy, and using filters, we can lower that to precisely the excitation energy that we’re looking for.”

The signing also grants US Nuclear Corp a ten percent stake in MIFTEC Inc., as well as an option to buy a higher portion of the company in the future.

A final agreement is expected to be completed in January 2018.

Click here for full article.

CONTACT:

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

October 14, 2017 | no comments | Article | by: ian@overhoff.com

Los Angeles, CA. October 16, 2017 - US Nuclear Corp. (OTCBB: UCLE)

 

US Nuclear Corp is preparing to make the first partial shipment of portable tritium air monitors to be used by the U.S. Air Force. The first shipment will consist of (10) units, and is scheduled to be delivered by October 31, 2017. The total contract of $722,500 is for (100) units total, and additional partial shipments of (15) units have been scheduled every month until the quota is met next March, 2018.

“We are very eager and excited to make our first shipment of tritium monitors for the USAF,” remarked Robert Goldstein, President and CEO of US Nuclear Corp. “This order represents a sizeable quantity for us, but we were able to smoothly accommodate the large quantity due to our organized quality management system. We successfully allocated our production schedule so that we can steadily produce 15 units to be shipped every month, while simultaneously completing all other current jobs on the backlog. The prepaid partial shipments every month will continue to produce a steady stream of cashflow for a strong finish in 2017.”

US Nuclear Corp’s portable tritium in air monitors are also used by other government agencies such as the US Army, US Navy, French Navy, NASA, NIST (National Institute of Standards and Technology), EPA (Environmental Protection Agency), and (IAEA) International Atomic Energy Agency.

  

CONTACT:

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

About US Nuclear Corp.

US Nuclear Corp is a fully-reporting, publicly traded company on the Over-the-Counter Bulletin Board, traded under the ticker symbol UCLE. The Company's operations are principally engaged through its subsidiaries, operating two leading nuclear radiation detection companies, Overhoff Technology Corp. and Optron Scientific Company Inc. The Company designs, manufactures and markets branded, full line radiation detection and specialized advanced tritium technology for the nuclear energy industry and for emerging technological processes such as Thorium and Molten Salt (MSR) reactor technologies both domestically and internationally to customers such as United States Government Agencies, the U.S. Military, Homeland Security, Scientific Laboratories, Universities, Hospitals, nuclear reactor facilities in the United States, China, Canada, South Korea, Argentina, Russia and others.

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. (OTCBB: UCLE)
Robert I. Goldstein, President, CEO, and Chairman
Rachel Boulds, Chief Financial Officer
(818) 883 7043