US Nuclear: Demand for Radiation Safety Equipment Surges
US Nuclear Corp. (OTC-QB: UCLE) positions itself at the forefront of the expanding radiation safety market, driven by escalating global energy demands and the recent Inflation Reduction Act, which allocates $369 billion for climate initiatives. This act includes tax incentives for nuclear energy, enhancing US domestic uranium production, and supports cutting-edge technologies. The demand for US Nuclear's innovative products, like tritium monitors and advanced radiation sensors, is rising significantly, indicating strong business momentum in a critical industry.
- Benefiting from $369 billion in climate provisions under the Inflation Reduction Act.
- Increased customer inquiries and request for quotes (RFQs) suggest growing demand for products.
- None.
LOS ANGELES, CA, Sept. 14, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – Radiation measurement and safety equipment is no longer the niche market it used to be. With the ongoing threat of a nuclear disaster in Ukraine, new nuclear power plants being built across the world to curb energy demand and prices and prevent climate change, the urgent need to mine more uranium for nuclear power production, the huge number of nuclear fusion energy prototypes—demand for radiation safety and protection equipment is through the roof—and US Nuclear Corp. (OTC-QB: UCLE) is at the forefront of the surging market. Furthermore, the Inflation Reduction Act (IRA) signed recently by President Biden, is a game changer for the US nuclear energy sector, guaranteeing a commitment to nuclear energy that will continue well past the journey to net-zero carbon.
The Inflation Reduction Act includes
US Nuclear, a commercial leader in radiation safety and monitoring equipment, is already established in these sectors and will certainly benefit from the large influx of money and momentum. US Nuclear’s technical advances include ultra-sensitive tritium air and water monitors, drone mounted radiation search tools and plume/fallout measurement and mapping, multi-functional radiation-chemical-drug-and nerve gas sensors for drones, exits, entryways, and safe drinking water, among other innovations. The number of customer inquiries and RFQs received by US Nuclear are already way up and momentum is still building.
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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. (OTC-QB: UCLE)
Robert I. Goldstein, President, CEO, and Chairman
Richard Landry, Chief Financial Officer
(818) 883 7043
Email: info@usnuclearcorp.com
http://usnuclearcorp.com
http://tech-associates.com
http://overhoff.com
