US Nuclear Corp. Advances Security Technology with Gauntlet Sentry Radiation Detection Systems

US Nuclear Corp. has initiated the process of quoting and delivering up to 80 Gauntlet Sentry Radiation Detection Systems to a border state housing nuclear reactor sites, showcasing a leap forward in security technology. The Gauntlet Sentry system, developed by US Nuclear Corp., is designed for comprehensive detection, capable of identifying radiation and explosives, thereby offering a robust solution for enhancing security measures.

Bob Goldstein, President of US Nuclear Corp., underscored the system's adaptability, pointing to its wide-ranging applications from border security to safeguarding government buildings and military installations. A notable feature of the Gauntlet Sentry system is its ability to detect Tritium, an essential component in nuclear fusion research, further broadening its utility in critical security and scientific applications.

The company's Overhoff Technology division has seen a notable increase in demand, recently finalizing a significant deal for 10 400SB and 15 357Rm Tritium air monitors, with an estimated value of $500,000, set for delivery in the second quarter. This uptick in orders reflects the growing need for advanced radiation detection solutions in various sectors.

On the financial front, US Nuclear Corp. is engaged in advanced merger discussions that could bolster its annual revenues by $4-5 million and net income by $1-1.5 million. These discussions, expected to conclude in the second quarter following due diligence, highlight the company's strategic approach to growth and market expansion.

Operational efficiencies are also a key focus for US Nuclear Corp., with the merger of its Los Angeles and Ohio operations over halfway complete. This consolidation is anticipated to yield substantial cost savings, estimated at $60-80,000 per month, or nearly $1 million annually, contributing approximately $0.02 per share in savings. These initiatives underscore US Nuclear Corp.'s dedication to innovation, strategic growth, and operational excellence in the fields of radiation detection and security technology.