US NUCLEAR CORP - UCLE STOCK NEWS

US Nuclear Corp. (OTCQB: UCLE) has teamed up with Grapheton, Solar System Resources, and Four Point to form the ChargeMineBetter consortium, targeting the electric vehicle fast-charging market, projected to exceed $15 billion annually by 2030. Their innovative supercapacitor technology aims to electrify mining trucks, significantly reducing diesel consumption and emissions. Laboratory tests indicate promising results, with a prototype expected in two years. The initiative aligns with global efforts to decarbonize the mining industry amidst rising environmental concerns.

US Nuclear Corp. (UCLE) reported its annual results for 2020, highlighting total sales revenue of $1,752,976, down from $3,540,387 in 2019. The company experienced a net loss of $3,538,103, attributed to COVID-19's impact. Operating expenses saw a significant reduction of 42%, totaling $2,558,553. Notably, demand for their DroneRAD products and water quality monitors has increased, with sales recovering in Q3 and Q4. The firm also acquired 40% of Grapheton, a startup focusing on advanced bioelectronics.

US Nuclear Corp (UCLE) recently highlighted its progress in a video interview with SNN Network. CEO Bob Goldstein discussed key advancements over the past year, including the sale of drones equipped with advanced sensors to FEMA and state health departments. The company is recovering from a challenging 2020, projecting annual revenues of $3.5 to $4 million by year-end. US Nuclear also holds a 40% stake in Grapheton, a promising startup in the capacitor sector, and recently acquired a 5% stake in Solar System Resources, a space mining company, signaling ambitions in the emerging space economy.

US Nuclear (OTCQB: UCLE) has secured a 5% stake in Solar System Resources Corporation, enhancing its portfolio of high-tech startups. This investment aims to develop a value chain for mining and selling helium-3 and lanthanide metals from space. The collaboration signifies US Nuclear's commitment to innovation, as it also holds stakes in other pioneering companies working on fusion power, medical isotopes, and advanced sensor technologies. The specifics of the transaction remain undisclosed, but it reflects a growing interest in space resource extraction.

US Nuclear (OTCQB: UCLE) announces that its partner MIFTI aims to achieve net energy gain through thermonuclear fusion within 18 months, targeting over 1,000 trillion neutrons per pulse with a new 10 MegaAmpere device. MIFTI has already demonstrated significant progress, generating over 50 billion neutrons per pulse on a 1 MegaAmpere machine. Recent grants, including a $5 million ARPA-E award, further validate its technology, which is expected to surpass conventional nuclear fission reactors in neutron production. US Nuclear holds a strategic partnership with MIFTI, owning 10% of its subsidiary, MIFTEC.

US Nuclear's partner, Grapheton, has advanced supercapacitor technology using a patented glassy carbon material, offering potential applications in electric vehicles. Unlike lithium-ion batteries that require up to 8 hours for a full charge, supercapacitors can charge in under a minute. Grapheton's supercapacitors can hold 3 million times more capacitance than standard capacitors. They promise benefits such as minimal degradation over extensive charge cycles, rapid charge and discharge, lighter weight, and eco-friendliness. The innovative capabus, a supercapacitor-powered electric bus, demonstrates significant energy cost savings.

US Nuclear Corp. (OTCQB: UCLE) has entered a historic trade agreement with Solar System Resources Corporation, marking a significant step in space mining. The agreement, which follows a Letter of Intent from February 2021, outlines the delivery of high-value materials such as helium-3 and lanthanide metals with projected deliveries between 2028 and 2032. US Nuclear gains exclusive rights for selling helium-3 in North America while Solar System Resources secures rights in Europe and beyond, aiming for a joint construction of a comprehensive space resource value chain.

US Nuclear (OTCQB: UCLE) announced a partnership with Grapheton, which has developed advanced chip technology utilizing carbon-based microfabrication methods. This innovation aims to address the ongoing chip shortage and re-establish the U.S. as a leader in chip manufacturing. President Biden's infrastructure plan includes $50 billion for the semiconductor industry, emphasizing domestic production and innovation. Grapheton's advancements include high-capacity micro-supercapacitors, corrosion-resistant electrodes, and a self-charging battery powered by the body's saline environment, potentially transforming various electronic applications.

US Nuclear Corp. (OTCQB: UCLE) has proposed its automated tritium-in-water monitoring system to Tokyo Electric Power Company (TEPCO) for managing the 1.24 million tons of radioactive water at Fukushima. With storage capacity expected to be full by 2022, Japan plans to release the water safely. US Nuclear's system measures tritium levels below safety limits using advanced techniques, providing a crucial solution for environmental monitoring. The continuous release process could take 30-40 years, highlighting the scale of the challenge ahead.