Perma-Fix Environmental Services Develops and Deploys Perma-Sort SM Material Segregation System

Strategic Insights -

Perma-Fix Environmental Services, Inc. has completed the development of its new Perma-Sort SM material sorting and segregation process, a customized, conveyor-based radiological assay system. The system provides 100% characterization of material efficiently and with industry-leading measurement quality. The company has been awarded two federal contracts valued at $3.7 million to separate and treat radioactive materials from over 100,000 tons of soils, debris, and dredged materials.

Key Takeaways:

  • Perma-Fix Environmental Services has developed the Perma-Sort SM material segregation system, a customized, conveyor-based radiological assay system that provides 100% characterization of material efficiently and with industry-leading measurement quality.
  • The system has been awarded two federal contracts valued at $3.7 million to separate and treat radioactive materials from over 100,000 tons of soils, debris, and dredged materials.
  • The Perma-Sort SM system is trailer-mounted, electrically powered, and customizable, with industry-leading detection rates and multiple layers of health and safety constraints.
  • The company is expanding the system to address other contaminates of concern and has the potential to generate significant revenue through this new capability.
  • Perma-Fix Environmental Services operates four nuclear waste treatment facilities and provides nuclear services at DOE, DOD, and commercial facilities nationwide.
  • The company has a strong background in nuclear waste management, environmental restoration, and decontamination and decommissioning services.

Statistics:

  • Two federal contracts valued at $3.7 million to separate and treat radioactive materials from over 100,000 tons of soils, debris, and dredged materials.
  • The Perma-Sort SM system has industry-leading detection rates and operates with multiple layers of health and safety constraints, in accordance with OSHA and ANSI conveyor standards.
  • The contract completion is expected in the next few months, providing a significant revenue generation opportunity for the company.

Sources:

  • Perma-Fix Environmental Services, Inc.
  • ACCESSWIRE
  • Perma-Fix Environmental Services, Inc. 2019 Form 10-K