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Thursday, Mar 28, 2024

U.S. Nuclear Shares Jump on Tritium Monitor Sales

U.S. Nuclear Corp. has received orders totaling more than $400,000 for its new tritium monitors, the company announced Thursday. The Canoga Park manufacturer received a $93,150 order from Schlumberger Ltd., an oil and gas technology services provider in Houston, and a $307,922 order from Korea Hydro & Nuclear Power. The tritium monitors will be made by Overhoff Technology Corp., a subsidiary of U.S. Nuclear in Milford, Ohio. Overhoff is the only company in the U.S. specialized in tritium monitors. Tritium is a radioactive isotope of hydrogen. Clients for tritium monitors include nuclear power reactors, biomedical and academic researchers, water treatment facilities and groundwater monitoring firms or agencies. Shares in U.S. Nuclear (UCLE) closed up 24 cents, or 13.7 percent, to $1.99 on the over-the-counter market.

Mark Madler
Mark Madler
Mark R. Madler covers aviation & aerospace, manufacturing, technology, automotive & transportation, media & entertainment and the Antelope Valley. He joined the company in February 2006. Madler previously worked as a reporter for the Burbank Leader. Before that, he was a reporter for the City News Bureau of Chicago and several daily newspapers in the suburban Chicago area. He has a bachelor’s of science degree in journalism from the University of Illinois, Urbana-Champaign.

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