Receives New Orders Over $415,000 From Three Customers
Los Angeles, CA - (NewMediaWire) - June 05, 2015 - US Nuclear Corp. (
Mr. Goldstein added, "China is leading the way in MSR technology as many firms plan on investing over a hundred billion dollars into nuclear energy projects by 2020. The impetus is driven by China's severe pollution problem, predominantly from coal burning. The economic loss due to pollution in China is estimated by the World Bank at almost 6% of GDP, and chronic, widespread smog leads to health problems and social ills. Our customers in China understand what is at stake; they have taken major steps with investment dollars in developing leading edge Molten Salt Reactors (MSRs) that are designed to produce clean, low to zero carbon emissions, high output, efficient energy and have selected our advanced tritium monitor equipment and detectors as part of their overall comprehensive solution."
Separately, the Company announced new orders from three customers totaling over $415,000. "During the second quarter, we received new orders from our nuclear energy customers in Argentina, Canada and in the US. The majority of these orders are for tritium-related equipment such as Tritium Process Monitors, and Portable Tritium in Air Monitors," said Mr. Goldstein.
About US Nuclear Corp.
US Nuclear Corp. is a fully-reporting, publicly traded company on the Over-the-Counter Bulletin Board, traded under the ticker symbol UCLE. The Company's operations are principally engaged through its subsidiaries, operating two leading nuclear radiation detection companies, Overhoff Technology Corp. and Optron Scientific Company Inc. The Company designs, manufactures and markets branded, full line radiation detection and specialized advanced tritium technology for the nuclear energy industry and for emerging technological processes such as Thorium and Molten Salt (MSR) reactor technologies both domestically and internationally to customers such as United States Government Agencies, the U.S. Military, Homeland Security, Scientific Laboratories, Universities, Hospitals, nuclear reactor facilities in the United States, China, Canada, South Korea, Argentina, Russia and others.
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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 Information
US Nuclear Corp. (
Robert I. Goldstein
President, CEO, and Chairman
Rachel Boulds
Chief Financial Officer
(818) 883 7043