US Nuclear Launching Fundraising Campaign to Send More DroneRADs to Ukraine

Rhea-AI Summary

US Nuclear (OTC-QB: UCLE) is initiating a fundraiser via Fundly.com to deploy additional DroneRAD radiation detection drones to Ukraine amid ongoing conflicts. Concerns about potential nuclear hazards are heightened due to Russian control of critical facilities, including Chernobyl, where over 20,000 spent fuel rods require constant cooling. The company emphasizes the necessity for remote radiation surveillance, citing incidents where nuclear sites were compromised during the conflict. Currently, one DroneRAD unit has been sent, and public contributions are sought for more units.

Positive

• Initiating a fundraising campaign to send additional DroneRAD units to Ukraine demonstrates proactive engagement in a high-stakes situation.
• The company has successfully dispatched its first DroneRAD drone, indicating operational readiness.

Negative

• Russian forces have taken control of key nuclear facilities, increasing the risk of nuclear disaster.
• Loss of monitoring capabilities at Chernobyl, including the destruction of a laboratory managing radioactive waste, poses significant safety concerns.

LOS ANGELES, March 28, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire – US Nuclear (OTC-QB: UCLE) is launching a fundraising campaign through Fundly.com in order to send more DroneRAD radiation detection drones to Ukraine.  With the conflict raging in Ukraine, there is significant concern over a nuclear disaster, either from use of nuclear weapons or as fallout from explosive damage to the local nuclear power plants or other facilities storing radioactive materials (disposal sites, hospitals, labs). US Nuclear has already announced its first DroneRAD going to Ukraine, but is seeking public help in order to raise funds to send more units.

Russian troops first took over Chernobyl nuclear facility, which had its necessary power supply disconnected on March 9 due to continued fighting and damage to the electrical lines. At least 20,000 spent fuel rods are stored in Chernobyl which need to be constantly cooled. Fortunately, the electrical lines were repaired, but it makes the danger posed by the fighting very clear.  Loss of outside power and damage to cooling systems could cause dangerous overheating.  Most recently, on Monday, March 21, 2022, Russian forces destroyed a laboratory which worked to improve the management of radioactive waste at Chernobyl, took over the adjacent town, and discontinued radiation safety data previously monitored by the IAEA international watchdog, thus hiding from the international community vital data and early warning, in case an out-of-control nuclear emergency were to develop.  A Ukrainian state agency said that the lab contained “highly active samples and samples of radionuclides that are now in the hands of the enemy.”  Furthermore, the Zaporizhzhia nuclear power plant was shelled on March 4 before being taken over, causing an explosion and a fire.  A radioactive disposal site, the Kyiv Branch of SISP, was hit by a bomb or missile on February 27—any event of this type could release radioactive materials and highlights the nuclear danger in Ukraine as well as the need for remote radiation surveillance equipment.  

US Nuclear’s DroneRAD can easily survey large areas looking for radioactive hotspots caused by nuclear weapons or materials, as well as measuring the air quality for any airborne radiation or nuclear fallout, such as by a bomb hitting a radiation storage site.  The site of the world's worst nuclear disaster fell into Russian hands in the first week of Russia's invasion, triggering fears that safety standards inside the exclusion zone could be compromised.

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. (OTC-QB: UCLE)
Robert I. Goldstein, President, CEO, and Chairman 
Rachel Boulds, Chief Financial Officer
(818) 883 7043
Email: info@usnuclearcorp.com

FAQ

What is the purpose of US Nuclear's fundraising campaign?

US Nuclear is raising funds to send more DroneRAD radiation detection drones to Ukraine in response to heightened nuclear risks due to the ongoing conflict.

What specific risks are associated with the situation in Ukraine?

The ongoing conflict has led to Russian control of nuclear facilities like Chernobyl, raising concerns over potential nuclear disasters and the necessity for remote radiation monitoring.

How many DroneRAD units has US Nuclear sent to Ukraine so far?

Currently, US Nuclear has dispatched one DroneRAD unit to Ukraine and is seeking public donations for additional units.

What happened to the laboratory at Chernobyl?

The laboratory that managed radioactive waste at Chernobyl was destroyed by Russian forces, compromising safety monitoring and increasing nuclear risks.