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Nuclear Solutions Inc

 
Hoover's Profile: Nuclear Solutions, Inc.
 
(OTC:NSOL)
Contact Information
Nuclear Solutions, Inc.
5505 Connecticut Ave. NW, Ste. 191
Washington, DC 20015
DC Tel. 202-787-1951
Fax 202-318-2487

Type: Public
On the web: http://www.nuclearsolutions.com
Employees: 16
Employee growth: (59.0%)

Nuclear Solutions is developing technologies related to defense and nuclear remediation. Its projects include a passive system for detecting shielded nuclear weapons and technology for the remediation of tritiated water produced by nuclear power plants. The company is also developing nuclear micro-power sources for low-power microelectronics, microelectromechanical systems (MEMS), nanotechnology devices, and synthetic ethanol production. In 2007 Inter-Americas, Inc. made an unsolicited offer to acquire Nuclear Solutions for $110 million in cash, a bid the company's board of directors initally favored recommending to shareholders, but the companies called off the deal in mid-2008.

Key numbers for fiscal year ending December, 2008:
Sales: $0.0M
Net income: ($4.0)M

Officers:
Chairman, President, and CEO: Patrick G. Herda
CFO and Director: Technical & Scientific Research Services

Competitors:
General Atomics
Lockheed Martin
Raytheon

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