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    UCLE   US91733U1060

US NUCLEAR CORP.

(UCLE)
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US Nuclear and Grapheton's New Supercapacitors Could Charge Your Next Electric Vehicle in Seconds

05/24/2021 | 08:31am EDT

LOS ANGELES, CA, May 24, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire – US Nuclear’s (OTCQB: UCLE) partner Grapheton has developed the next generation of supercapacitors using a special patented glassy carbon material. Featuring remarkable charge storage capacity and power density, Grapheton’s supercapacitors could be used in powering and rapidly charging electric vehicle systems. A typical electric vehicle running on lithium-ion batteries takes about 8 hours to fully charge, but a supercapacitor system could be fully charged in under a minute. Batteries still retain the advantage when it comes to higher energy density (ability to store energy), but new advances in supercapacitor technology, such as those made by Grapheton, could allow supercapacitors to hold the same amount of charge as a battery and deliver the charge in just seconds. Grapheton’s unique glassy carbon supercapacitors can have up to 3 million times more capacitance than commercial off-the-shelf capacitors.  

Supercapacitors have numerous advantages over traditional batteries, such as:

  1. Supercapacitors can be recharged with little to no degradation (supercapacitors can handle over 1 million charge/discharge cycles vs 2000-3000 cycles with regular batteries), which means a huge savings in materials and costs
  2. Almost instant charge and discharge times
  3. Weigh less than traditional batteries 
  4. Supercapacitors are eco-friendly and don’t contain toxic metals or harmful materials and so avoid the risks of poisoning workers, car owners or the environment.

There are already some electric vehicles in trial operation that run off supercapacitors, such as the capabus, which is a new type of electric bus that runs on supercapacitors (or in some versions, a hybrid of batteries and supercapacitors). The capabus runs without continuous lines overhead and instead rapidly charges the supercapacitors at each bus stop along the route- a collector raises from the top of the bus and touches an overhead charging line, which only takes about 30-80 seconds to fully charge.  It is estimated that this type of bus has 1/10th the energy cost of a diesel bus which can lead to a lifetime fuel savings of $200,000.  The capabuses use 40% less electricity than even an electric trolley bus, and cost about 40% less than a lithium-ion bus.  Buses are the logical choice for supercapacitor systems for now as they have predictable routes and stop frequently.  Advances in supercapacitor energy density could, over time, replace batteries altogether and be used in all forms of portable electronics. 

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 http://www.sec.gov, or the company’s website at www.usnuclearcorp.com

CONTACT:

US Nuclear Corp. (OTCQB: UCLE)
Robert I. Goldstein, President, CEO, and Chairman 
Rachel Boulds, Chief Financial Officer
(818) 883 7043
Email: info@usnuclearcorp.com


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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 13,9 M 13,9 M -
EV / Sales 2019 3,85x
EV / Sales 2020 3,01x
Nbr of Employees 20
Free-Float 43,6%
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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
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