US Nuclear Corporation Receives Purchase Order From SNC-Lavalin to Outfit Darlington Nuclear Generating Station With New Innovative Tritium Area Monitors
(firmenpresse) - LOS ANGELES, CA -- (Marketwired) -- 03/07/16 -- US Nuclear Corp. (OTCBB: UCLE) has announced that it was awarded with a $391,174 USD contract to outfit the Darlington Nuclear Generating Station, Heavy Water Storage Facility in Canada with smart new tritium area monitors. The monitors were designed specifically for Ontario Power Generation to detect minute amounts of tritium in designated areas, set to alarm and alert workers if the concentration rises too high. Tritium is a radioactive isotope of hydrogen and can be a hazard when ingested or inhaled; large amounts are produced in heavy-water reactors such as those installed at Darlington.
This contract comes closely after Ontario Power Generation's statement that it is ready to deliver on the $12.8 billion Government investment for refurbishing Darlington Nuclear Generating Station, which is expected to be completed by 2026 and generate about $14.9 billion in economic benefits.
Robert I Goldstein, President, CEO, and Chairman of US Nuclear Corp expressed, "This project has special significance for us. Back in 1986, we outfitted Darlington Nuclear Generating Station with all the original tritium area monitors, which have now been in continuous use for the past . I believe it is a testament to our craftsmanship and quality that these instruments have successfully and reliably operated for 30 straight years, and that after such a long interval, the customer again selected us to refurbish the facility's tritium monitors moving forward."
The contract was awarded to US Nuclear Corp. through a competitive public tender.
About US Nuclear Corp.
US Nuclear Corp is a fully-reporting, publicly traded company on the Over-the-Counter Bulletin Board, traded under the ticker symbol UCLE. The Company's operations are principally engaged through its subsidiaries, operating two leading nuclear radiation detection companies, Overhoff Technology Corp. and Optron Scientific Company Inc. The Company designs, manufactures and markets branded, full line radiation detection and specialized advanced tritium technology for the nuclear energy industry and for emerging technological processes such as Thorium and Molten Salt (MSR) reactor technologies both domestically and internationally to customers such as United States Government Agencies, the U.S. Military, Homeland Security, Scientific Laboratories, Universities, Hospitals, nuclear reactor facilities in the United States, China, Canada, South Korea, Argentina, Russia and others.
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. (: )
Robert I. Goldstein
President, CEO, and Chairman
Rachel Boulds
Chief Financial Officer
(818) 883 7043
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Datum: 08.03.2016 - 02:21 Uhr
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