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LOS ANGELES, CA, Jun 03, 2021 (GLOBE NEWSWIRE) – via NewMediaWire – US Nuclear (UCLE) partner MIFTI expects to generate over 1,000 billion neutrons per pulse in a compact 10-mega-ampere device within 18 months with the aim of achieving net energy gain for the first time in the history of mankind. The most important criterion for the successful creation of controlled thermonuclear fusion energy is the generation of trillions of neutrons; sufficient to perpetuate a break-even reaction or net energy gain, thereby generating energy far greater than the energy required to produce the effect. MIFTI’s Staged Z-pinch (SZP) fusion generator is relatively simple, cost effective, scalable, and powered by a low cost isotope of hydrogen from seawater. All experimental tests strongly indicate that the invention of MIFTI is a viable answer for profitable carbon-free power generation.
MIFTI has already achieved extraordinary success, repeatedly generating more than 50 billion neutrons per pulse on a 1 megaampere machine and achieving the required temperature, stability and confinement time. The advanced computer simulation codes MACH2 and HYDRA predicted a generation of 50 billion neutrons on MIFTI’s 1MA machine, and MIFTI has hit those numbers repeatedly. Now, MACH2 and HYDRA predict that MIFTI’s 10-mega-amp machine will produce over 1,000 trillion neutrons per pulse, and once demonstrated, transformation of our power generation systems is expected to ensue. In addition, MIFTI’s SZP thermonuclear fusion technology will have immediate utility for the cost-effective production of radiopharmaceuticals used in nuclear medicine through their MIFTEC division.
MIFTI received an ARPA-E grant of $ 5 million and recently received the INFUSE award so that Lawrence Livermore National Lab can use MIFTI’s technology to create a large neutron flux that LLNL needs for the development of its detector. neutrons. This is important because it makes sense that LLNL selected the technology that creates the most neutrons and they chose MIFTI. Estimates indicate that a US $ 25 million nuclear fusion generator and MIFTI 20 megaamperes SZP are expected to deliver more neutrons than $ 1 billion nuclear fission reactors.
In the latest news, big oil companies, under increasing pressure to protect the climate, have invested in nuclear fusion technology. Chevron, ENI and other major oil companies have already invested in companies developing fusion power generation. Three of the biggest oil companies have recently been hit by climate change: Dutch court asked Royal Dutch Shell to cut greenhouse gas emissions by 45% by 2030, 60% of Chevron shareholders voted on a resolution reducing emissions and ExxonMobil lost two of the seats on the board of an activist hedge fund.
MIFTI is at the forefront of the fusion power generation revolution, and its goal is to achieve net energy gain for the first time in 18 months. US Nuclear is an investor, strategic partner and prime contractor, owning 10% of MIFTEC and the exclusive rights to manufacture and sell medical isotope generators in North America and Asia, as well as a greater percentage low of MIFTI.
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This press release contains “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, therefore, you should not do not rely on these forward-looking statements as predictions of future events. Words such as “expect”, “estimate”, “project”, “budget”, “anticipate”, “anticipate”, “intend to”, “plan”, “can”, “can”, “Could”, “” believes “,” predicted “,” potential “,” continuing “and similar expressions are intended to identify these forward-looking statements. These forward-looking statements involve significant risks and uncertainties which could cause actual results to differ materially from expected results.
US Nuclear Corp. (UCLE)
Robert I. Goldstein, President, CEO and Chairman of the Board
Rachel Boulds, Chief Financial Officer
(818) 883 7043
E-mail: [email protected]