US Nuclear Corp

Los Angeles, CA. August 26, 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 first quarter ended March 31, 2021.

• Sales for the three months ended March 31, 2021, were $417,824 compared to $322,239 for the same period in 2020, an increase of 29.7%
• Gross profit was $201,172 compared to $166,327 for the same period in 2020, an increase of 20.9%
• Selling, general, and administrative expense were $860,151 compared to $894,842 for the same period in 2020, the decrease of $34,691 or 3.9% was due to lower stock-based compensation
• Stock-based compensation was $378,838 compared to $453,096 during the same period in 2020
• Other expense was $4,582, a decrease of $314,272 from $318,854 for the same period in 2020
• Net loss of $663,561

Robert Goldstein, CEO of US Nuclear Corp., commented:

“We are happy to announce that our sales revenue is continuing to recover from the impact of COVID-19. We aren’t quite back to pre-pandemic production levels yet but are steadily getting thereby continuing to book new sales and keeping our employees safe. We are working on updating our operating division websites and product content to drive more organic traffic and sales, as well as focusing on product campaigns for our most popular products. Customer inquiries have been continuing to increase, and we have a strong order backlog as we build momentum going into the rest of the year.”

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: [email protected]

New Advances in Special Drilling Devices for Space Surveying & Mining Missions to the Moon and Beyond

Los Angeles, CA.  August 23, 2021 – On August 15, 2021, US Nuclear’s (OTCQB: UCLE) partner Adam Jan Zwierzyński of Solar System Resources published a report on his research, prototyping, and testing of space drilling and extraction systems with the goal of developing fully autonomous mining robots for mining high-value minerals and elements from the moon, Mars, comets, and asteroids.

The paper was published in ‘Energies’ journal and was written by  Adam Jan Zwierzyński, Wojciech Teper, Rafał Wiśniowski, Andrzej Gonet, Tomasz Buratowski, Tadeusz Uhl, and Karol Seweryn. It was a collaboration between the Department of Drilling and Geoengineering at AGH University of Science and Technology and the Space Research Centre of the Polish Academy of Sciences.

It discusses the dire global climate crisis and the need for ecological sources of energy and mining methods that could solve the problems before it is too late. Space is becoming a new area of possible drilling applications with the potential to solve the climate crisis. The authors explore the possibility of constructing mining devices with extra-low mass and extra-low energy consumption which are essential for use in space. Initial drillability tests are performed and presented in the paper.

MIFTI is noted as being a developer of thermonuclear fusion energy, which would give mankind an almost inexhaustible source of cheap, clean, and green energy for many thousands of years.

US Nuclear is mentioned for their historic letter of intent with Solar System Resources for the delivery of rare and valuable He-3 fuel from lunar deposits for use in fusion energy by 2028-2032. Subsequently, both companies signed a historic trade agreement establishing the Cis-Lunar value chain (Moon-Earth).

The paper can be found at MDPI here: https://www.mdpi.com/1996-1073/14/16/5005/htm

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: [email protected]