US Nuclear’s Overhoff Branch is Fusion Energy’s Go-To Tritium Monitoring Solution

Rhea-AI Summary

US Nuclear's Overhoff Technology, a leader in tritium monitoring instrumentation, is experiencing increased demand due to the surge in tritium gas market. With a recent world record in fusion energy generation, Overhoff's reputation for accuracy and reliability positions it as a key player in the industry. The company's $421,500 shipment to a U.S. DOE facility highlights its expertise and profitability in the market.

LOS ANGELES, CA, Feb. 20, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – With the Joint European Torus (JET) recently setting a new world record demonstrating the ability to reliably generate fusion energy using tritium and deuterium as their fuel source, and with preparations for ITER and so many other multi-million and multi-billion dollar fusion projects well underway, the use and market demand for tritium gas and tritium products are surging.  US Nuclear’s (OTC-QB: UCLE) Overhoff Technology branch is the go-to solution for tritium monitoring instrumentation, with over 50 years of experience manufacturing tritium monitoring products for the DOE, DOD, military, nuclear power plants, and industrial manufacturers.  In fact, Overhoff is now set to complete the shipment to a U.S. DOE facility totaling $421,500 for portable monitors used for measuring tritium in air.

One of the reasons that Overhoff has gained such an outstanding reputation manufacturing dependable tritium monitors is that it is exceptionally difficult to measure tritium accurately, and it requires decades of experience and specialized, finely tuned parts and procedures, all working perfectly in conjunction.  As such, these specialty products command a high markup and good profits for unparalleled sensitivity, accuracy, and reliability. 

Since it was founded back in 1972, Overhoff has worked with all the leading tritium users in the world, with extremely high customer retention due to the top performance and reliability of their products.  Now, as fusion power ushers in a new, likely trillion-dollar industry, directly centered around tritium, Overhoff is poised to be the foremost provider for tritium monitoring equipment and is already working with several major fusion power projects.

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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

Michael Hastings, Chief Financial Officer

Ph: (818) 883 7043

Email: info@usnuclearcorp.com

http://usnuclearcorp.com

https://overhoff.com/

https://tech-associates.com/

FAQ

What is the ticker symbol for US Nuclear?

UCLE

Why is there a surge in demand for tritium gas and products?

The surge is due to recent advancements in fusion energy generation, such as the world record set by JET using tritium and deuterium as fuel.

What industry is likely to see a trillion-dollar growth centered around tritium?

The fusion power industry is expected to experience significant growth, with tritium playing a central role.

What sets Overhoff Technology apart in the tritium monitoring market?

Overhoff's 50 years of experience, specialized parts, and procedures for accurate tritium measurement, leading to high customer retention.

What recent shipment did Overhoff Technology complete, and to whom?

Overhoff completed a $421,500 shipment to a U.S. DOE facility for portable tritium monitors used for measuring tritium in air.