Value of US Nuclear’s Part Ownership of Fusion Pioneer Miftec and Mifti Should Soar
Los Angeles, CA. July 19, 2022 – US Nuclear (OTC-QB: UCLE) is an investor, strategic partner, and likely prime contractor in fusion energy companies MIFTEC and MIFTI and should see their investment in these companies soar as both public and private money flows towards the fusion sector in the pursuit of unlimited, clean power.
Rolls-Royce’s strategy of factory production for its SMRs brings a number of important advantages in cost, safety, and speed of production. Conventional nuclear plants are each custom designed and built at greater expense and may not benefit from modern production advances that allow other industries to perfect their products over time.
These SMRs are expected to cost about $2 billion dollars each, which are less expensive than traditional nuclear power plants due to their small size and factory production. The SMRs are fission based and will thereby still require up to $10 million worth of radiation monitors each to ensure the safe operation of the reactor, as well as the safety of on-site personnel and the nearby public from radioactive fission products. These monitors will include gamma area monitors, continuous air monitors, stack monitors, and tritium monitors, all of which are specialties of US Nuclear. US Nuclear’s subsidiary, Overhoff Technology, has regularly provided tritium monitoring instrumentation to the UK/EU government and the nuclear industry for quite some time and is on Rolls-Royce’s equipment vendor list as a provider for tritium monitoring equipment to its network of nuclear power plants and reactors.
Nuclear power and nuclear navy enthusiasts may know that Rolls-Royce has been producing nuclear reactors for the British nuclear submarine and surface craft fleet and other uses since 1965.
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