Latest news with #USNuclearCorp
Associated Press
26-02-2025
- Business
- Associated Press
US Nuclear Corp. Announces the First Quote Requests for 50-100 Gauntlet Sentry Radiation Detection Systems for Border Security
NEWMEDIAWIRE) - US Nuclear Corp. (OTC: UCLE), is pleased to announce that the Company has begun to quote on price and delivery for up to 80 Gauntlet Sentry Radiation Detection Systems for a border state, which has Nuclear Reactor sites as well. 'The recent press release for the launch of the Gauntlet Sentry Radiation Detection System has attracted a lot of attention,' said Bob Goldstein, President of US Nuclear. 'The system can also detect explosives, and can be modified to detect Tritium, which is being used in the development of nuclear fusion. It's perfect for border security, as well as security for government buildings and military installations.' 'The Overhoff Technology division has also seen a dramatic increase in order inquiries over the last month,' said Operations manager Nikki Truax. 'Last week we closed on an order for 10 400SB and 15 357Rm Tritium air monitors, with a total value of approximately $500k, for 2nd quarter delivery.' 'The Company is also pleased to report that it's in advanced talks with a merger candidate that could add approximately $4-5M in annual revenues, along with $1-1.5m in net income,' said Mr. Goldstein. 'The deal could be consummated in the 2nd quarter, if the target company passes due-diligence.' 'The previously announced consolidation of our Los Angeles operations with our Overhoff Ohio operation is progressing smoothly, and is more than 50% complete,' said Mr. Goldstein. 'Our expenses estimated for February will be $30-40k less than January, with another $30-40k in March! When the move is fully completed by months-end, these cost reductions will save the Company $60-80k per month, or almost $1 million annually, equating to $.02 per share!'
Associated Press
05-02-2025
- Business
- Associated Press
US Nuclear Corp. Announces the Consolidation of the Optron LA and Overhoff Ohio Facilities to Produce Annual Savings Approaching $1 Million
NEWMEDIAWIRE) - US Nuclear Corp. (OTC: UCLE), is pleased to announce that the Consolidation of their Optron LA Facility and their Overhoff Technology Milford OH Facility has commenced, and will be completed by the end of the 1st Quarter. 'This effort will maintain our full product line,' said Bob Goldstein, President of US Nuclear, 'but it will utilize the combined strengths of both companies in production efficiency as well as sales and marketing. We project the savings from this consolidation will have full effect in the 2nd half of this year, and will add $.02 per share of earnings to the Company on an annual basis, and potential profitability in the 2nd half,' said Mr. Goldstein. 'We are in talks with 2 companies about Merger or Joint Marketing possibilities, with other companies showing interest as well,' said Mr. Goldstein. 'It became immediately clear to us that we had to streamline our operations and maximize our cash-flow to be able to fully exploit these potential opportunities.' 'US Nuclear and Overhoff Technology monitors are 'Best-In-Class' for measuring the levels of radiation and tritium in the nuclear space, for measuring explosives and radiation in the security space, the levels of carbon-dioxide and methane in the oil and gas space, and the levels of PFAS forever chemicals in the industrial space,' said Mrs. Truax, Operations Manager for Overhoff. 'This consolidation of our production and sales efforts will turbo-charge our sales growth!' [email protected].
