Atlas Awarded Three-Year, $21 Million Contract Extension at the Naval Nuclear Laboratory

AUSTIN, Texas, Jan. 25, 2023 (GLOBE NEWSWIRE) — Atlas Technical Consultants, Inc. (Nasdaq: ATCX) (“Atlas” or the “Company”), a leading Infrastructure and Environmental solutions provider, announced that it has been awarded a three-year, $21 million contract extension to provide Construction Materials Testing (CMT) on the Spent Fuel Handling Recapitalization Project at the Naval Nuclear Laboratory.

Under the contract with Fluor Marine Propulsion, LLC, which manages the Naval Nuclear Laboratory, Atlas is designated as the Independent Testing Agency ensuring that concrete materials used at the site meet proper Nuclear Quality Assurance (NQA-1) standards. Atlas engineers and technical staff will conduct material and vendor validation, concrete mix design and batch plant certifications, field testing of soils and concrete to ensure compliance and safety with all Nuclear Quality Assurance standards.

“We are honored to build on our 20+ years of experience across a variety of projects at the Idaho National Laboratory (INL). This contract extension allows us to continue our work at the Naval Nuclear Laboratory at INL to ensure the consistent delivery of high-quality assets for U.S Government agencies including the Department of Energy and the National Nuclear Security Administration,” said Atlas CEO, L. Joe Boyer. “This project highlights Atlas’ ability to provide highly technical quality assurance solutions on projects related to the Nation’s most critical infrastructure assets.”

The Spent Fuel Handling Recapitalization Project, located at the Naval Nuclear Laboratory at the Idaho National Laboratory, supports the Naval Nuclear Propulsion Program’s mission through the transportation and processing of spent nuclear fuel for packaging and safe storage after removal from the U.S. Navy’s submarine and aircraft carrier fleet.

About Atlas Technical Consultants
Headquartered in Austin, Texas, Atlas is a leading provider of Infrastructure and Environmental Solutions. We partner with our clients to improve performance and extend the lifecycle of built and natural infrastructure assets stressed by climate, health, and economic impacts. With 3,500+ employees nationwide, Atlas brings deep technical expertise to public- and private-sector clients, integrating services across four primary disciplines: Environmental (ENV); Testing, Inspection and Certification (TIC); Engineering & Design (E&D); and Program Management/Construction Management, and Quality Management (PCQM). To learn more about Atlas innovations for transportation, commercial, water, government, education, and industrial markets, visit https://www.oneatlas.com.

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Media
Karlene Barron
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Investor Relations
Chase Jacobson, Vallum Advisors
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