UCLE US NUCLEAR CORP

Interest Surges in US Nuclear’s Food Monitors as Japanese Food Bans Take Effect

Interest Surges in US Nuclear’s Food Monitors as Japanese Food Bans Take Effect

LOS ANGELES, CA, Sept. 19, 2023 (GLOBE NEWSWIRE) -- via – When Japan started releasing radioactive water into the Pacific Ocean recently, it prompted China to announce a ban on all Japanese seafood products due to concerns of contamination, joining Hong Kong, Macau, and South Korea who have banned seafood from around Fukushima. And many other countries have stepped up their inspection of fish and other food items from Japan.  The concern over contaminated food and agricultural products has sparked a surge of interest in US Nuclear’s (OTC-QB: UCLE) food contamination monitors which can measure whether food or liquid samples are safe or if there is any contamination present.

Japanese cuisine is hugely popular in China- the sector is valued at around $25 billion and included 789,000 restaurants in 2022.  Last year, China was also Japan’s top trading partner for seafood, accounting for $942 million worth of seafood exports, with Hong Kong coming in second at $432 million.  Restaurants and the fishing industry will be hit especially hard by food bans unless it can eventually be proven safe.  Hong Kong and Macau have also issued a ban that covers Japanese seafood products from 10 regions around Fukushima, while South Korea issued a statement maintaining the ban on Fukushima fisheries and food products until concerns have eased.  Japanese seafood and products are also shipped all around the world.  When a ban is issued or concerns are raised, it is important to both the exporter and importer to ensure that the product is safe and contamination free.

US Nuclear’s most popular food contamination monitors include the Model FLG-9000 and SSS-22P.  The FLG-9000 measures minute quantities of radioactive contamination in food and other samples using a large volume 1 liter scintillation detector and multichannel analyzer electronics for isotope identification and rapid processing of samples.  The SSS-22P measures all liquid samples, drinking water, sea water, sake or milk, for radioactive contamination down to the lowest levels possible for safety.

It is expected that it will take 30 plus years for Japan to release all the stored radioactive water, and during that time, it will be extremely important to closely monitor all food and products in the area and surrounding countries.

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 , or the company’s website at

CONTACT:

US Nuclear Corp. (OTC-QB: UCLE)

Robert I. Goldstein, President, CEO, and Chairman

Michael Hastings, Chief Financial Officer

(818) 883 7043

Email:



EN
19/09/2023

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on US NUCLEAR CORP

 PRESS RELEASE

 US Nuclear Announces 3rd Quarter Financials and Launch of New Marketi...

 US Nuclear Announces 3rd Quarter Financials and Launch of New Marketing Initiatives LOS ANGELES, Dec. 04, 2024 (GLOBE NEWSWIRE) -- US Nuclear Corp. (OTC: UCLE) is pleased to announce that the 3rd quarter 2024 loss was reduced to $110,971 from $760,062 in 2023, a reduction of 89%. For the nine-month period, losses were reduced from $2,296,114 in 2023, to $728,320 in 2024, a reduction of $1,567,794, or 68%. “These improvements in our path to profitability are just the beginning,” said Bob Goldstein, CEO of US Nuclear. “We’re working towards reducing our operating expenses 20%, while growi...

 PRESS RELEASE

US Nuclear Announces a Significant Improvement in 3rd Quarter Financia...

US Nuclear Announces a Significant Improvement in 3rd Quarter Financials LOS ANGELES, Nov. 19, 2024 (GLOBE NEWSWIRE) -- US Nuclear Corp. (OTC: UCLE) is pleased to announce they have made significant progress in reducing current liabilities by over $3 million in the 3rd quarter, while projecting a swing in profitability of over $1 million from the 3rd quarter of 2023. Results will be released with the 3rd quarter results later this month. In conjunction with these efforts, the Company has increased pricing by 5.5% effective this month, and has begun a cost reduction program to reduce expe...

 PRESS RELEASE

US Nuclear Forced to Expand Its Ohio Production Floor and Shipment Vol...

US Nuclear Forced to Expand Its Ohio Production Floor and Shipment Volume to Keep Up With the Surge of Incoming Orders LOS ANGELES, CA, Aug. 19, 2024 (GLOBE NEWSWIRE) -- To help keep up with surging incoming purchase orders, US Nuclear Corp. (OTC: UCLE) is now significantly expanding their Overhoff (Ohio) production floor area to increase shipment volume. This is necessary due to increasingly high demand for their famous tritium monitors. This is all caused by the AI nuclear energy boom and the big money, worldwide scramble to design and build the long awaited fusion energy generators th...

 PRESS RELEASE

S&P 500 Nuclear Energy Stocks Prices Surge 800% on Largest U.S. Power ...

S&P 500 Nuclear Energy Stocks Prices Surge 800% on Largest U.S. Power Grid LOS ANGELES, CA, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Worldwide Energy Shortages and Soaring Prices are Driving Nuclear Power Growth for US Nuclear Corp. (OTC-QB: UCLE). Extreme weather, soaring energy prices, and outdated energy infrastructure are leaving millions of people at risk of losing power, and the problems continue to get worse. The U.S. and countries around the world are increasingly turning to nuclear power in an effort to keep up with the surging demand, with the U.S. alone aiming to triple nuclear capac...

 PRESS RELEASE

US Nuclear Corp. Announces First Quarter 2024 Results

US Nuclear Corp. Announces First Quarter 2024 Results LOS ANGELES, CA, Aug. 05, 2024 (GLOBE NEWSWIRE) -- US Nuclear Corp. (OTC-QB: 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, 2024. Sales for the three months ended March 31, 2024 were $627,750Gross profit was $353,769Gross margins were 56.36% as compared to 67.25% for the same period last yearSelling, general, and administrative expense were $498,198 compared to $735,825 for ...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch