STOCK TITAN

US Nuclear’s Partner Grapheton Moves to Accelerate Product Development with Help of New CEO

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
management
Rhea-AI Summary

US Nuclear's partner Grapheton has appointed Terry Lingren as the new CEO to enhance product development and fundraising, enabling founder Sam Kassegne to prioritize research. Kassegne's innovative glassy carbon supercapacitor technology is set to transform electric vehicle (EV) charging, computing, and medical treatments. Under Lingren's leadership, there is potential for rapid growth in several emerging sectors including brain-computer interfaces and supercapacitors. Grapheton anticipates multiple revenue streams from its disruptive technologies.

Positive
  • Appointment of Terry Lingren as CEO may enhance fundraising and product development.
  • Innovative glassy carbon supercapacitor technology has diverse applications in EV charging and computing.
  • Potential for multiple revenue streams from emerging industries.
Negative
  • Concerns about continuity and experience gaps following the management change.

LOS ANGELES, CA, Oct. 25, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire – US Nuclear’s (OTCQB: UCLE) partner Grapheton recently hired a new CEO, Terry Lingren, to accelerate product development by raising funds and allowing founder and CTO Sam Kassegne to focus on research and development.  

Sam is the creative genius behind Grapheton’s glassy carbon supercapacitor technology that can benefit us all by speeding up EV chargers, augmenting or replacing EV onboard batteries, developing a new generation of computer chips with tiny supercapacitors, and advancing treatment of neurological diseases and brain, spinal, and prosthetic cases.  Mr. Lingren has significant experience raising capital, growing profitable businesses, and bringing high-tech products to market-clearing the way for rapid product development at Grapheton. Sam and Grapheton are also assisted by a scientific advisory board of 5 prestigious members specializing in fields such as bioengineering, neural technology, rehabilitative technology and medicine, microfabrication, and commercializing cutting-edge technology.   

Grapheton is in several emerging industries (brain-computer interface, neural probes and devices, supercapacitors for EV charging and computer chip applications) which are clear opportunities for investors. Looking forward, Grapheton expects to have a number of income streams from these emerging industries where its patents and disruptive high-tech products and services are highly needed.   

https://grapheton.com/team/ 

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. (OTCQB: UCLE)
Robert I. Goldstein, President, CEO, and Chairman 
Rachel Boulds, Chief Financial Officer
(818) 883 7043
Email: info@usnuclearcorp.com
www.usnuclearcorp.com
www.tech-associates.com
www.overhoff.com


FAQ

Who is the new CEO of Grapheton?

Terry Lingren has been appointed as the new CEO of Grapheton.

What is Terry Lingren's role in Grapheton?

Terry Lingren's role is to accelerate product development and fundraising efforts at Grapheton.

How does Grapheton's technology impact electric vehicles?

Grapheton's glassy carbon supercapacitor technology can speed up EV charging and may augment or replace onboard batteries.

What industries is Grapheton involved in?

Grapheton is involved in brain-computer interfaces, neural devices, and supercapacitors for EV and computing applications.

What potential revenue streams does Grapheton foresee?

Grapheton expects to develop multiple income streams from its emerging technologies and patents.

US NUCLEAR CORP

OTC:UCLE

UCLE Rankings

UCLE Latest News

UCLE Stock Data

4.88M
36.46M
29.04%
Scientific & Technical Instruments
Technology
Link
United States of America
Canoga Park