UCLE - US Nuclear completes China shipment; inks new agreement with CNNC subsidiary
US Nuclear (UCLE) recently completed a shipment to China of USN'S popular tritium and carbon-14 air samplers as well as portable tritium monitors worth a total of $256,626.Under the company's expansion into the Chinese market, US Nuclear signed a new cooperation agreement on Mar. 1, 2021 with Dalian Zhonghe Scientific and Technological Development, a China National Nuclear ((CNNC)) subsidiary.Both the companies will work to design the perfect instrumentation to outfit Chinese nuclear power plants.Instruments are planned to be built at a local factory in China to be cost-competitive and will be optimized for Chinese operators based on the local regulations and procedures; this will be a game changer as currently 80% of nuclear instruments purchased are imported into China at a high cost.
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US Nuclear completes China shipment; inks new agreement with CNNC subsidiary