Skip to main content

US Nuclear Corp Announces 2024 Financials Showing a 55% Surge in Overhoff Technology Gross Profit to Almost $1.2 Million, on Revenues Over $2 Million, 93% of Total Sales

“We are also in advanced talks with a very profitable company in the irradiation space about a potential merger or acquisition by US Nuclear,” said Mr. Goldstein, President of US Nuclear. “We knew that we had to streamline our operations and maximize our cash flow to be able to fully exploit potential opportunities such as this.”

“We are also implementing an upgrade to our entire financial reporting efforts by adding key staff and implementing software integrations,” said Mr. Goldstein. “After we file our Q later this month, and our stock has resumed trading, we hope to have our changes fully implemented before the 2nd quarter financials are due and hope to uplist our common stock listing.”

“We have commenced discussions with our equity partners in Company owned investments in the nuclear fission and fusion space,” said Bob Goldstein. “We own 500k non-dilutable shares in an early-stage thermonuclear fusion-powered reactor company, MIFTI, which has tremendous upside potential.”

“We also own 10% of an early-stage radionuclide technology, MIFTEC, along with the rights to manufacture and sell the products in North America and Asia. The Company has a 35.2% interest in Grapheton, Inc., a Company making and designing advanced energy storage devices, called supercapacitors. We believe these investments could become very successful and valuable over the next 18 months,” said Mr. Goldstein.

“US Nuclear and Overhoff Technology monitors are “Best-In-Class” for measuring the levels of radiation and tritium in the fission and fusion nuclear reactor space, for measuring explosives and radiation in the security space, and the levels of carbon dioxide and methane in the oil and gas space.  We are also developing relationships with companies that test the levels of PFAS forever chemicals in the industrial space,” said Mr. Goldstein. “This consolidation of our product lines and sales efforts will dramatically make our sales and marketing efforts far more effective.”

For a link to our 2024 10k, please use the attached link UCLE_2024 Form 10K.

For sales and product information for US Nuclear, call Bob Goldstein at (818) 472-7071; for Overhoff call Ian Embry at (513) 248-2400, or Nikki Truax at (503) 646-5446. For investor information, call Jack Lennon at Chamberlain Capital (508) 360-8407 or jjlennon@comcast.net.                                    

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.