Month: September 2021

  • “CALI From Above” TAKES OFF: US Nuclear’s Start-up Enters Huge New Market For Drones, Pilots, & Services

    Los Angeles, CA. September 28, 2021 – US Nuclear’s (OTCQB: UCLE) new start-up company is Cali From Above and serves as a one-stop-shop for everything related to drones, thus entering the fast-growing, multi-billion-dollar drone dealer market.

    Cali From Above’s main products and services include:

    1. Pilot training: Cali From Above has already trained numerous pilots at customer sites in numerous states, as well as providing virtual training for overseas clients.
    2. Trainees are from fire and police departments, homeland security, as well as industrial and commercial users.
    3. Drone pilot service contracts for supervising construction sites, regular inspections of solar panel and wind turbine power generators, survey contracts for inventory, safety, and orderly operation of large industrial, agricultural facilities or sites of all kinds.
    4. Drone sales: Cali From Above is an approved drone seller, offering a wide range of drone brands, models, and accessories.
    5. Special purpose drones designed to do much more than take pictures or videos:
      Medical supplies and package delivery
      Loudspeakers and spotlights
      Patrol border crossings and shipping ports using the aerial detection of US Nuclear’s chemical, biological, and radiation sensors
      Drone packages start at around $20,000
    6. Production of advertising content for realtors, home repair, builders, country clubs, and tour guides, to name a few.

    Talking about the markets for drones and drone-related services, Bob Goldstein (CEO, Cali From Above) said: “It is estimated that there are 1.5 billion cars in the world and over 3 billion qualified drivers. My expectation is the number of drones and drone pilots will exceed the number of cars by 2030. Drones and UAVs are a fast-growing business and US Nuclear aims to ride that wave forward.  In the past, USN has designed and manufactured most of the products it sells. However, that strategy can be a trap in this fast-changing and expanding world of drone designs and capabilities. For this reason, we have chosen a multifaceted business model, acting as drone dealers, pilots, and pilot trainers, this way we can stay agile and do very well.”

    Cali From Above started operations in April 2021 and has already achieved consistent monthly revenue growth.

    Website: https://www.califromabove.com/
    Instagram: https://www.instagram.com/califromabove/?hl=en

    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 http://www.usnuclearcorp.com

    CONTACT:

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

  • US Nuclear Corp. Announces Second Quarter 2021 Results

    Los Angeles, CA. September 22, 2021 – US Nuclear Corp. (OTCQB: UCLE), a leading manufacturer of advanced radiation, chemical, and biological detection and UAV instrumentation, recently announced the financial results for the second quarter ended June 30, 2021.

    • Sales for the three months ended June 30, 2021, were $352,558 compared to $302,201 for the same period in 2020, an increase of 16.7%
    • The overall increase in sales principally due to US Nuclear starting to recover from the impact of COVID-19
    • Selling, general, and administrative expense were $620,854 compared to $346,203 for the same period in 2020, the increase of $274,651 or 79.3% was principally due to an increase in stock-based compensation.
    • During the three months ended June 30, 2021, stock-based compensation was $166,650 compared to $0 during the same period in 2020
    • Another expense was $817,314, a decrease of $875,021 from other income of $57,707 for the same period in 2020. The decrease was due to equity write down on investments in 2021 offset by a decrease in the amortization of the debt discount associated with the convertible debenture and by the change in the value of the derivative liability
    • Net loss of $1,282,312 compared to $145,117 for the same period in 2020

    US Nuclear Corp. Announces Second Quarter 2021 ResultsRobert Goldstein, CEO of US Nuclear Corp., commented:

    “We are pleased to announce that our sales revenue is continuing to steadily increase as we recover from the impact of COVID-19.  We will be exceptionally busy the rest of the year, with many new sales booked in the second quarter, as well as working on government fiscal year-end contracts due by September 30, and the calendar year-end which are both productive times for us.  On other news fronts, we are excited about being shortlisted to progress into the next round of the ‘Charge On Innovation Challenge’ which aims to electrify ultra-class mining trucks to operate on electric power instead of diesel. Our proposal is based on using Grapheton’s novel supercapacitor technology, and numerical simulations of the entire system are promising. The next stage is comprised of a pitch-session, with final submission in November, and patrons identifying solutions in December 2021.”

     

    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 http://www.usnuclearcorp.com

    CONTACT:

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

    Grapheton Inc.
    https://www.grapheton.com/
    CTO and Co-Founder: Sam Kassegne, PhD, PE

  • US Nuclear & Partners Shortlisted for Next Phase in ‘Charge On’ Electric Truck Innovation Challenge

    Los Angeles, CA. September 8, 2021 – US Nuclear (OTCQB: UCLE) and partners (Grapheton, Solar System Resources, and Four Point) were one of 21 (out of 350) companies that have been shortlisted for the next phase in the Charge On Innovation Challenge, which is a global competition under the patronage of 17 mining companies from around the world, including BHP, RioTinto, and Vale.  The competition aims to electrify the largest trucks in the world, ultra-class mining trucks, to help reduce the consumption of diesel fuel and significantly cut harmful emissions.  It has already attracted massive global attention, with more than 350 vendors registering their interest from 21 countries, and more than 80 applications submitted from the best engineering companies in the world.

    Of the 80 applications submitted, 21 have been shortlisted to proceed to the next phase, which will comprise of a high-pressure pitch session followed by a deep dive into the innovative solutions.  US Nuclear and partners are honored to be among the 21 companies selected, and even though they are a small team compared to some of the other competitors, they offer a unique and competitive solution based on organic vapor phase deposition and Grapheton’s novel supercapacitor technology.

    A full list of the shortlisted companies:

    3ME Technology, ABB, Altreonic-Kurt.energy, Ampcontrol / Tritium, Australian Turntables, BluVein, DB Engineering & Consulting with Echion Technologies, Farmboro Consulting, Hitachi Group, Infosys, Inverted Power Pty Ltd, IT & ES Industries, L&T Technology Services, Midwest Energy, Mitsui & Co. with Forsee Power and AVL, Saft, Shell Consortium, Siemens, Solar System Resources Corporation (including US Nuclear, Grapheton, and Four Point), Xiangtan Electric Manufacturing Group, *one company declined to be named

    Sponsors:

    BHP

    RioTinto

    Vale
    Antofagasta Minerals, Barrick, Boliden, Citic Pacific Mining, Codelco, Evolution Mining, Freeport McMoRan, Gold Fields, Harmony, Minerals Resources, Newcrest Mining Limited, Oz Minerals, Roy Hill, South32, Syncrude, Teck, Thiess, Yancoal

    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 http://www.usnuclearcorp.com

    CONTACT:

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

    Grapheton Inc.
    https://www.grapheton.com/
    CTO and Co-Founder: Sam Kassegne, PhD, PE