PHOENIX, June 21, 2018 (GLOBE NEWSWIRE) -- Bob Goldstein, CEO of US Nuclear Corp (OTC Pink:UCLE) (“US Nuclear,” “the company”) was recently interviewed by Everett Jolly on the Uptick Newswire “Stock Day” Podcast. The company has recently put out multiple releases about ongoing projects, and shared some details with “Stock Day” listeners.
UCLE has recently become a worldwide sales representative for zNose, an airborne organic chemical detection device. Goldstein compares the technology to a K-9 police dog, trained to sniff out chemical compounds on the scene. This handheld device operates in a similar manner, testing the air for chemicals (such as pesticides or explosives) and providing analysis results within minutes. The company plans to begin attending trade shows for the zNose within the next couple months.
Los Alamos National Lab recently granted US Nuclear Corp an almost $350,000 contract, which Goldstein says is a great opportunity for UCLE. “Everybody in the US, everyone in the world, looks at the national laboratories. These are the smartest physicists and scientists in the United States, and anywhere. When they pick our product, it is a wonderful confirmation that we’re doing the right thing and making the product in a superior way.”
US Nuclear is focusing on growth through acquisition, and is currently seeking partnerships with manufacturers of sensors, particularly in the medical, chemistry, biological, or nuclear fields in order to expand their product line further. “We are working hard to grow our size and our profits, and we have a very exciting product line,” said Goldstein.
US Nuclear Corp. trades on the OTC Pink Sheets under the ticker symbol UCLE, with shares selling at around $2.20. The company has seen a great uptick in revenue over the last couple years; between 2016 and 2017 the company’s revenues were up 50%, and they have already seen $1 million in revenue in Q1 of 2018.
To hear more about the company’s ongoing projects, acquisitions, and technological advances in the medical and sensor fields, please listen to the full interview at the link below.
About US Nuclear Corp.
US Nuclear Corporation is a radiation detection holding company specializing in the development and manufacturing of radiation detection instrumentation.
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.
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
US Nuclear Corp. (OTCBB: UCLE)
Robert I. Goldstein, President, CEO, and Chairman
Rachel Boulds, Chief Financial Officer
(818) 883 7043
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