US NUCLEAR'S PARTNER MIFTI TAKES GIANT LEAD IN $3 TRILLION RACE FOR CLEAN ENERGY

Atlanta, GA -- April 26, 2019 -- InvestorsHub NewsWire -- Emerging MicroCaps -- US Nuclear Corp. (USOTC: UCLE)

US Nuclear Corp. (OTC: UCLE) and Magneto-Inertial Fusion Technologies, Inc. (MIFTI) have signed an agreement which grants US Nuclear 500,000 shares of Magneto-Inertial Fusion Technologies, Inc. (MIFTI) stock, the option to acquire up to 10% (ten percent) of MIFTI, and non-exclusive worldwide rights to manufacture and sell MIFTI's patented thermonuclear fusion power generator.  MIFTI's fusion power generator is expected to produce clean, base load electric power for the US and other power grids and wherever small modular electric power sources are needed. The worldwide energy market is estimated to reach $6 trillion by 2030.

Last year, US Nuclear signed a similar agreement with MIFTEC Labs for a revolutionary new way to produce medical radioisotopes from nuclear fusion power that has several substantial cost and safety advantages over the current nuclear fission-based methods.

MIFTI and MIFTEC are sister companies under the same management and are developing and using the same "staged Z-PINCH fusion technology" for different applications and markets.

MIFTI is developing thermonuclear fusion energy to power cities, transportation, space vehicles, military vehicles, and ships from fusion; and MIFTEC is developing a fusion-based generator for the abundant production of low-cost medical isotopes, which are currently in very short supply.

US Nuclear plans a series of future announcements relative to both MIFTEC and MIFTI developments.

Energy from nuclear fusion has been a dream for decades. It is the same nuclear energy that powers our sun and the stars. Fusion power is many times greater than the power derived from fossil fuels or even from our fission nuclear reactors, and is a source of clean energy since the fuel is derived from seawater rather than from radioactive uranium or the pollution generating, carbon-based fuels now in use. The development of fusion power has been elusive and the several-decade long endeavor has created a common perception that fusion energy is still many decades in the future. However, recent experiments by MIFTI and MIFTEC at the highly regarded University of Nevada, Reno National Terawatt Facility (UNR/NTF), have achieved historic results that suggest harnessing the power of nuclear fusion may be closer than realized.  There is great controversy over the effects of fossil fuels on global warming and climate change. If successful, fusion energy has the potential to usher in a new era of low cost, clean energy.

In the time since US Nuclear partnered with MIFTEC Labs, MIFTEC has succeeded, at the University of Reno Nevada National Terawatt Facility, in generating the most powerful neutron flux from fusion power ever achieved by a private company. Using a 1 MegaAmp machine, this experiment achieved a neutron flux in excess of 1010, (ten to the tenth power) demonstrating that they are doing things right. Next comes a larger 10 MegaAmp version of their machine that is expected to generate a neutron flux of 1012 which is clearly greater than the 1010 and is required to produce commercial quantities of critical, low-cost radioisotopes that are in short supply. Shortly thereafter, MIFTEC contracted with a leading design engineer from a National Lab and has already completed the plans for its first commercial machine called the Staged Z Pinch (SZP) LTD-X (linear transformer driver-X) 10 MegaAmp generator.  U.S Nuclear and the MIFTI team now look forward to building the first machine.

Jerry Simmons, MIFTI and MIFTEC CEO, says, "Plans are underway for further testing to provide base load electricity to the power grid, and with the kind of results we have already achieved at an independent testing laboratory, we are confident that we have a solution to provide the world with safe, clean, low-cost energy.  Other advantages of fusion power include no nuclear waste that can be used to proliferate nuclear weapons.  In addition, MIFTI's fusion generators are scalable and compact compared to all other energy production footprints."

Emerging MicroCaps finds US Nuclear undervalued at current share price and market cap respectively of $1.45 and $25 million. Based on current sales alone, at typical Price to Sales ratio 20 to 1 for an early stage growth company, a fair market price and market cap would be $4.06 and $70 million. When factoring in future potential growth from the medical radioisotope and the fusion energy profit centers, and the low number of outstanding shares of 17 million and a float of about 7 million shares, substantially higher prices can be justified. Shares are thinly traded and volatile and could experience what would be considered very large moves.  Management is highly experienced in nuclear physics and is conservative and is executing an excellent growth strategy.

US Nuclear is a solid growth company even without the announcements of their disruptive breakthroughs in the $10 billion medical radioisotope market, and the $3 trillion energy market where their solution may be able to provide unlimited power at very low cost, but perhaps most importantly, because energy from fusion power is clean and leaves no carbon footprint.

Emerging MicroCaps rates US Nuclear a Strong Buy and Hold.

About US Nuclear

US Nuclear Corporation is a world leading manufacturer of advanced radiation and chemical detection and UAV instrumentation. 

About MIFTI

MIFTI is a Department of Energy Advanced Research Projects Agency – Energy (DOE/ARPA-E) awardee and benefits from support by the National Nuclear Security Administration (NNSA). MIFTI also holds a fully executed work package agreement with Oak Ridge National Laboratory (ORNL), and is in negotiations for a work package agreement with Savannah River National Laboratory (SRNL). The National Aeronautics and Space Administration (NASA) has shown interest in using MIFTI thermonuclear fusion power devices for use in space craft propulsion systems.  The U.S. Navy has also shown an interest in MIFTI's fusion power device for use in nuclear submarines and aircraft carriers.

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:

Emerging MicroCaps

Atlanta, GA

EmergingMicroCaps.com

US Nuclear Corp. (USOTC: UCLE)

SOURCE: Emerging MicroCaps