Leading Science Journal Reports US Nuclear Partners
Achieved Major Breakthrough in Holy Grail of Carbon Free Fusion
Energy
Atlanta, GA -- June 6,
2019 -- EmergingMicroCaps.com -- US Nuclear Corp. (UCLE) --
-
Fusion
energy that powers the stars has held great promise
but
has eluded scientists for over
60
years.
When developed,
it has the potential to deliver low-cost,
unlimited, clean carbon-free
energy
to power the electric grid
and
many other applications such as transportation,
military use,
and space travel.
-
The
ONE
AND
ONLY thing that characterizes
fusion energy is the creation of neutrons. No neutrons mean
no fusion!
Fusion
neutron
expert, Daniel
Jassby,
retired Princeton University Plasma Physics Lab
claims
that almost
every leading fusion energy company including
First Light Fusion,
General Fusion,
Helion
Energy, Lockheed
Martin Compact Fusion, and Tri-Alpha Energy
has
only produced
token fusion-neutrons,
IF ANY AT ALL.
-
Physics of Plasmas
Journal
recently
peer reviewed, investigated and
reported
that Magneto Inertial
Fusion
Technologies (MIFTI & MIFTEC)
successfully
generated
a
neutron flux of 10 to the 10th
using their novel
and patented
staged z-pinch
fusion
technology
on a 1 Mega Ampere machine at the University
of Nevada Reno
Terawatt Facility.
A machine with higher amperage
(electric current flow)
will yield higher
neutronicity.
-
The first
larger
10 Mega Ampere LTD
Staged Z-Pinch Fusion Generators
is already designed and
will be used to produce large amounts of
low cost,
medical
radionuclides for commercial use
in a $10 billion industry.
The next generation
is
planned
to power the electric grid and
is the 20 Mega Ampere LTD Staged Z-Pinch Fusion generator that
is
predicted to
be capable
of producing
Net
Energy
Gain
that will be one on mankind's greatest scientific
achievements.
-
US Nuclear has
partnered with and
agreed to build the machines for MIFTI
& MIFTEC.
The
first 10 Mega Ampere LTD Staged Z-Pinch Fusion generator
is
already designed and
ready to begin building as soon as current funding efforts are
completed.
-
US Nuclear
total
outstanding shares number only 17 million
and management holds close to
10 million which means
as this
story
gets out
to larger numbers of readers, US Nuclear
share
price
may be
extremely volatile on the upside.
Fusion
Power,
the Holy Grail of
Unlimited, Clean, Cheap
Energy
For over 60 years,
scientists have been trying
to harness
fusion energy that powers our sun and the stars,
but as Daniel
Jassby,
an expert in fusion
energy, points out in his article,
"Voodoo Fusion Energy",
"Numerous
fusion "startups" promise a practical fusion reactor delivering net
electric power in 5 to 10 years, but almost all have
apparently never produced a single D-D fusion
reaction.
The currently most notorious (in alphabetical order) are
First Light Fusion,
General Fusion,
Helion
Energy, Lockheed-Martin Compact Fusion, and Tri-Alpha Energy, all
of which have made that promise for the last 5 to 15 years."
The challenge was difficult from the start
as borne out by
Jassby's
claims
because it required so much energy to trigger
the fusion process and then
temperatures of hundreds of millions of degrees
had to be contained and only a powerful magnetic field had the
potential to contain the enormous energy.
US
Nuclear (OTC: UCLE) partners, MIFTI/MIFTEC
scientists
have conducted research in university laboratories for over 30
years, in their quest to pioneer a unique fusion
technology
called Staged Z-pinch. SZP is
a safe, reliable, cost-effective process that
can be applied to create low-cost, unlimited, carbon-free, energy
to power the electric grid and to create radionuclides
without the environmental hazards of highly enriched or low
enriched uranium (HEU/LEU) that are endemic to the current fission
reactor process, or the time and costs associated with
cyclotron/accelerator methods.
MIFTI
and
MIFTEC's
Staged
Z-pinch device is
fueled by a simple isotope of hydrogen from seawater, and can
operate at an estimated cost savings of up to 50% compared to all
other current production methods. MIFTI/MIFTEC
technology will fundamentally change the means by which
electric
power and radiopharmaceuticals
are produced.
Important
Fusion
Breakthrough
In July 2018,
MIFTI/MIFTEC
technology
achieved 1010
in neutron flux
at the University of Nevada,
Reno Terawatt Facility (UNR/NTF) in
experiments
using a 1 Mega
Ampere machine. Results were
confirmed
by an independent laboratory. This is a feat
never before accomplished by a privately held company in the
history of fusion science. These important results were
peer reviewed, investigated for confirmation, and published
in
Physics of Plasmas May 2019 issue.
Because the current flow of 1
Mega Ampere limited neutron production to close to 10 to the 10th on the UNR
machine, MIFTI/MIFTEC quickly moved forward and
already completed design plans for a
larger 10 Mega Ampere machine that is predicted to generate
substantially more than the 10 to the 12th
in
neutrons required for the production of
valuable medical radioisotopes that are in short supply. US Nuclear
has already
announced that they are
now
searching for the
best cities to build their new generators.
US Nuclear, MIFTI and MIFTEC
agree that a conservative estimate for the time to build the first
commercial generator will probably take
less than 24
months, but are giving themselves
extra time for potential delays that
are unknown. The companies
are weighing various locations and funding options and once they
have made a decision leading to completion of funding
and
location for the first machine,
construction will commence. Estimates for time required
to build the first 20 Mega Ampere machine to generate power were
not provided, however, since the machine is already proven
and scalable, time predictions
would seem
to be dependent primarily upon capital
availability.
Medical
Radioisotopes
US Nuclear and MIFTI and
MIFTEC intend to use the first 10 Mega Ampere machines to create
valuable medical radioisotopes that are required for medical
diagnostics and about 50% of cancer treatment. Currently,
all
radioisotopes are made in only 4
very
old, unreliable, and costly nuclear fission reactors that are
located outside of the United States. The current market for radioisotopes is
estimated at about $8 billion per year, but would likely surpass
$20 billion per year if the supply were available and especially if
the cost was lower. MIFTEC plans to produce large
quantities of medical radioisotopes with their new 10 Mega Ampere
fusion generators for about half of the current cost primarily
because they will not be burdened with the enormous expense of
handling hazardous nuclear waste. The machines for
medical radioisotopes will have a very small
footprint and the chart below shows they will be substantially cheaper to
build and operate, and will not have to deal with costly hazardous
long-term radioactive waste.
Fusion
Power for the Multi-Trillion-Dollar
Grid
The following chart
illustrates coal as the single largest source of energy for the grid
followed by renewables and natural gas. Over 2/3 of energy is
produced from carbon producing fuels of coal, gas and
oil.
Fusion power is the ultimate
fuel source for energy because it would not only be very powerful
and low cost, but it would be carbon-free and clean energy.
Carbon based fossil fuels are believed to be responsible for global
warming and dramatic climate change that is wreaking increased
havoc globally.
When developed, fusion power
would be difficult to compete with because it is expected to be
able to cost-effectively and safely meet the demand of a
fast-growing global population that far exceeds current fossil
fuels and even renewables of wind and solar that are dependent on
wind and sunshine. The process of nuclear fusion would for
the most part be constant and without interruption.
US Nuclear owns equity
interests in MIFTI and MIFTEC and also has manufacturing rights
that will have enormous value once these fusion generators are
constructed and in operation. Even without the interests in MIFTI
and MIFTEC, US Nuclear has successful and profitable operations as
an established and well respected company providing environmental monitoring
equipment to the nuclear, healthcare and government
operations.
US Nuclear has a total market
capitalization of only about $17 million with a total
outstanding number of about 17 million shares of which management
owns about 10 million. This leaves a very small available
float of a maximum of 7 million shares which are thinly traded and
therefore are volatile, especially to the upside when large buying
occurs.
We will leave the price
predictions to others, but we are confident that the share price
will rise substantially as this potentially explosive story finds
its way out to the investing public. Shares of US Nuclear appear undervalued
without the MIFTI and MIFTEC fusion opportunities, but with them,
projected price behavior is not for the faint of heart.
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historical information presented herein, matters discussed in this
release contain forward-looking statements that are subject to
certain risks and uncertainties that could cause actual results to
differ materially from any future results, performance or
achievements expressed or implied by such statements.
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