Log in
E-mail
Password
Show password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. United States
  4. OTC Markets
  5. US Nuclear Corp.
  6. News
  7. Summary
    UCLE   US91733U1060

US NUCLEAR CORP.

(UCLE)
SummaryQuotesChartsNewsCalendarCompanyFinancials 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

US Nuclear Corp. Marks Beginning of Age of Space Mining as It Signs Historic Trade Agreement

04/28/2021 | 08:30am EDT

US Nuclear Corp. signed a historic trade agreement with Solar System Resources Corporation that marked the beginning of the age of space trade and mining. The new agreement sets preliminary prices for the high value materials to be extracted. It also establishes and expands cislunar and solar system value chain and adds SatRevolution as a new partner. The agreement is a continuation of the Letter of Intent signed on February 5, 2021, and outlines how US Nuclear and Solar Systems Resources Corp. plan to cooperate building a value chain starting with mining and selling valuable helium-3 and lanthanide metals and other materials from space deposits. Solar Systems Resources Corporation Sp. z o. o. is a space mining company that conducts localization, in-situ verification, and mining of space resources. A third strategic partner, SatRevolution S.A., a leading provider of nanosatellites, is also participating in construction of the value chain mentioned in the agreement. The deal, if completed in full, could be worth many hundreds of billions of dollars and will pave the way to a new frontier mining resources in space. The agreement is in the form of a Memorandum of Understanding, and highlights include: Delivery of 500kg of extremely rare helium-3 isotope from space deposits in 2028-2032. The current market price of helium-3 is $16.6 billion per ton. Deliveries of helium-3 in subsequent years of 300kg (or more) per year. US Nuclear has received exclusive rights to use, sell, and resell helium-3 and the rare lanthanide metals in North America (including future Artemis Accords non-conflict zones in space), provided by Solar System Resources Corp. from space deposits. Solar System Resources Corp. received exclusive rights to use, sell, and resell space related products and services developed by US Nuclear Corp. (and current/future subsidiaries) in the European Union, Eastern Europe, Russia, and Middle East, as well as sales made where both buyer and seller are on the Moon, on Mars or in space. The joint construction of the value chain has begun, starting from space resources to space infrastructure, transport, fusion energy and space propulsion, products and services, and ending with end-to-end business and individual customers on Earth and in space. To this end, the parties will actively seek and invite investors and business partners interested in creating and participating in such a value chain. In addition to stocking and selling appropriate high-tech products, the parties will carry out joint space mining missions, process and refine extracted materials, and supply other services related to space mining which will allow much higher margins than from the raw space resources alone. The parties will endeavor to support the US (and allies), NATO military, and the development of the operational capabilities of the US Space Force. By 2050, the parties will endeavor to establish a network of space reserves available for civil operations, in particular the US government/Space Force, including: Networks of power stations that store electricity and allow for quick charging of docking ships that have been granted access to the reserve. Liquified gases: O2, H2, CH4, technical gases. 500 tons of helium-3 isotope, which at the current Earth's price of $16.6 billion /ton is $8,300 billion, or 39.65% of the US GDP in 2020. Metals critical to the US economy and security. Planned reserve value reaching up to 1% of US GDP. Water: the predicted value of the water reserve is 0.1% of the US GDP in 2020 ($ 20.93 trillion), which at a predicted (WGM Report) lunar water price of $0.5 million/ton, equals 41,865 m3 of water. Perhaps it is surprising that the parties include regular water as a scarce and valuable trade good. However, it is predicted that spacers will be willing to pay high prices to vendors who can find, collect, and make deliveries of H2O.


ę S&P Capital IQ 2021
All news about US NUCLEAR CORP.
09/22US NUCLEAR : Earnings Flash (UCLE) US NUCLEAR Posts Q2 Revenue $352,558
MT
09/22US NUCLEAR CORP : . Announces Second Quarter 2021 Results
AQ
09/20US NUCLEAR : Management's Discussion and Analysis of Financial Condition and Results of Op..
AQ
09/08US NUCLEAR : and Partners Shortlisted for Next Phase in ‘Charge On' Electric Truck I..
AQ
08/26US NUCLEAR : Earnings Flash (UCLE) US NUCLEAR Reports Q1 Revenue $417,824
MT
08/26US Nuclear Corp. Announces First Quarter 2021 Results
GL
08/24US NUCLEAR : Management's Discussion and Analysis of Financial Condition and Results of Op..
AQ
08/23US Nuclear Corp. Provides Updates on Subsidiaries and Discusses Participation in Vehicl..
NE
08/23US NUCLEAR : New Advances in Special Drilling Devices for Space Surveying and Mining Missi..
AQ
08/09US NUCLEAR : and Partners Enter Vehicle Electrification Challenge Led by Rio Tinto and Wor..
AQ
More news
Financials (USD)
Sales 2020 1,75 M - -
Net income 2020 -3,54 M - -
Net Debt 2020 0,60 M - -
P/E ratio 2020 -1,14x
Yield 2020 -
Capitalization 12,5 M 12,5 M -
EV / Sales 2019 3,85x
EV / Sales 2020 3,01x
Nbr of Employees 20
Free-Float 59,2%
Chart US NUCLEAR CORP.
Duration : Period :
US Nuclear Corp. Technical Analysis Chart | MarketScreener
Full-screen chart
Income Statement Evolution
Managers and Directors
Robert I. Goldstein Chairman, President & Chief Executive Officer
Rachel Boulds Chief Financial Officer & Secretary
Richard Landry COO & Director-Investor Relations
Michael G. Hastings Director
Dell Williamson Director
Sector and Competitors
1st jan.Capi. (M$)
US NUCLEAR CORP.136.33%13
ATLAS COPCO AB36.88%77 333
FANUC CORPORATION0.26%43 291
PARKER-HANNIFIN CORPORATION6.86%37 581
TECHTRONIC INDUSTRIES COMPANY LIMITED43.76%37 506
SANDVIK AB4.57%30 578