UCLE US NUCLEAR CORP

US Nuclear Advances Fight Against Opioid Crisis With Breakthrough Fentanyl Detection Technology

US Nuclear Advances Fight Against Opioid Crisis With Breakthrough Fentanyl Detection Technology

LOS ANGELES, CA, Nov. 15, 2023 (GLOBE NEWSWIRE) -- via – In 2022, fentanyl was responsible for 200 deaths every day, more than 73,000 total, and over a quarter of a million Americans have died from a fentanyl overdose since 2018.  In a groundbreaking move to combat the ongoing opioid epidemic, US Nuclear Corp (OTC-QB: UCLE) now offers the world’s first automatic, on-the-spot fentanyl detectors.  This cutting-edge technology is designed to enhance the capabilities of law enforcement agencies, first responders, and healthcare professionals in identifying and combating the illicit trafficking of fentanyl.  Fentanyl is now endemic in America and USN recommends fighting back by deploying and using these detectors just as widely as metal detectors.

Fentanyl is a synthetic opioid that is up to 50 times stronger than heroin and 100 times stronger than morphine.  Most overdose related cases are linked to illegally made fentanyl distributed through illegal drug markets and added to other drugs due to its extreme potency, making drugs more powerful, addictive, and dangerous.  It is commonly found in liquid and powder forms, but it is impossible to tell if substances have been laced with deadly levels of fentanyl without testing.

The DEA has said that fentanyl largely comes to the US from China through Mexican drug cartels.  It is also rampant throughout many prison systems which have experienced a 600% rise in drug overdoses among inmates over the past several years, driven by the smuggling of fentanyl through the mail service.

US Nuclear's breakthrough technology can automatically identify and measure trace amounts of fentanyl with high precision and sensitivity.  US Nuclear currently offers three versions: a UAV mounted version (DroneCHEM-WDE-U), a walk through doorway monitor, and a hand-held version (CHEM-WDE-H). These instruments feature a novel algorithm for the detection of fentanyl and its analogues and are capable of identifying mixed samples of street drugs (i.e., heroin, cocaine, meth, fentanyl) with no sample preparation required, unlike other analysis techniques. The CHEM-WDE-H also detects nanogram/ppb levels of substances, enabling users to sample exteriors of suspect packages for trace residues. Drug analysis is just one of three built-in modes included with these instruments, with the other two being chemical warfare analysis and explosives analysis, for mission specific operations and full range of security.

By providing law enforcement and healthcare professionals with advanced tools for fentanyl detection, US Nuclear aims to contribute to the ongoing efforts to save lives and prevent the devastating impact of opioid trafficking and abuse.



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
15/11/2023

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