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US Nuclear Corp. develops, manufactures, and sells radiation detection and measuring equipment globally through its Optron and Overhoff segments. The company offers a range of radiation monitors including water monitors, alpha, beta, gamma, tritium monitors, dronerad aerial detection, and more. Additionally, it provides software for various radiation measurements and monitoring applications. US Nuclear Corp.'s products find applications in nuclear reactor plants, universities, local and government institutions, and port security.
US Nuclear (OTC-QB: UCLE) highlights the increasing necessity for real-time monitoring solutions in light of rising hazardous material incidents across the U.S. Following the East Palestine train derailment, which released over 100,000 gallons of dangerous materials, chemical fires and spills have become alarmingly frequent, with reports of 224 chemical fires and 1,700 oil spills annually. A recent fire at a recycling plant in Indiana emitted toxic smoke and confirmed the presence of asbestos over a mile away, exacerbating concerns. US Nuclear offers real-time monitoring instruments for air and water quality, including drone-mounted monitors and hazardous chemical detectors with an extensive library of over 700 chemicals. The company emphasizes the urgent need for effective monitoring to protect public health and the environment amidst these chemical disasters.
US Nuclear (OTC-QB: UCLE) announced concerns about the Fukushima nuclear reactor's foundation as TEPCO revealed significant damage from a recent survey. The reactor's earthquake resistance is at risk, raising alarms about radioactive leakage and contamination. Approximately 880 tons of untreated radioactive debris remain at the site, with TEPCO under pressure to assess the reactor's integrity. US Nuclear offers real-time radiation monitoring solutions, which may be crucial in this context. As TEPCO plans to release over a million tons of tritium-contaminated water into the Pacific this spring, the ability to monitor water quality effectively becomes increasingly important. US Nuclear's monitors are designed for continuous operation and provide essential real-time data, addressing concerns from local businesses and neighboring countries about potential contamination.
On March 3, 2023, US Nuclear Corp (UCLE) sold its interest in Cali from Above, a drone services company, to its President and CEO, Robert Goldstein. UCLE received 65,000,000 shares in Averox, Inc. (OTC: AVRI), making it the owner of approximately 26% of AVRI's outstanding shares. Goldstein believes Cali from Above can thrive as a separate public entity in the growing drone industry. A Cooperation Agreement was also established, granting USN exclusive rights to source and manufacture Cali products, enhancing its customer base.
On March 14, 2023, the US Environmental Protection Agency (EPA) proposed establishing national limits for six toxic PFAS chemicals, positively impacting US Nuclear Corp. (OTC-QB: UCLE). The company has developed the first real-time PFAS monitor, crucial for upcoming regulations. Currently, over 200 million Americans are estimated to have PFAS-contaminated tap water, leading to significant health risks. The EPA's proposal could prevent thousands of deaths and requires water providers to monitor and address PFAS contamination. US Nuclear’s monitor is designed for rapid detection, offering a competitive edge as regulations tighten.
US Nuclear (OTC-QB: UCLE) is addressing pollution concerns by developing advanced sensor technologies to monitor air and water quality. The company is at the forefront of detecting harmful substances, including biological, chemical, and radiological hazards, with products suitable for homeowners and emergency teams. Notably, the Bipartisan Infrastructure Law allocates $5 billion over five years to combat PFAS contamination, with US Nuclear introducing the world's first real-time PFAS monitor, which can deliver results in under a minute. The market response to their recent showcase at the Indoor Air Quality Association (IAQA) was highly positive.
US Nuclear (OTC-QB: UCLE) is addressing the critical need for hazardous chemical detection in emergency situations highlighted by the recent train derailment in East Palestine, Ohio. The company specializes in drone-mounted and hand-held detectors that aid first responders in identifying dangerous chemicals swiftly, enhancing community safety. Their products include the DroneCHEM-2-IWC and DroneCHEM-2-IWC-H models, featuring real-time data sharing and monitoring capabilities. US Nuclear's technology is essential for mitigating hazards from chemical spills, fires, or attacks, ensuring better preparedness for first responders and local residents.
US Nuclear (OTC-QB: UCLE) is poised for growth as the fusion energy sector expands. Their subsidiary, Overhoff Technology, leads in tritium monitoring equipment, essential for fusion power reactors. Significant investments are noted, with US funding at $4.7 billion in 2022 and a 139% rise in private investments to $4.8 billion. Overhoff's sales target national labs, military, nuclear plants, and pharmaceuticals, showing diverse market presence. Countries like the US, UK, and Japan heavily invest in fusion, with the EU allocating €5.61 billion. Overhoff's tritium monitors will support global fusion projects, underscoring their importance in the clean energy transition.
US Nuclear Corp. (OTC-QB: UCLE) is resuming its trade show sales program, which had been paused since the onset of the pandemic. The company plans to attend four major trade shows in 2023, aimed at enhancing sales and customer engagement. These events include the Indoor Air Quality Association Conference, AEHS International Conference on Soil, Water, Energy, and Air, WQA Convention, and Downstream USA 2023. US Nuclear will showcase innovative products like PFAS detectors and radiation monitors, which are crucial for environmental safety. This strategic move is expected to help regain market presence and foster stronger customer relationships.
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