PESI News & Events

Perma-Fix Environmental announced it has been awarded a two-year master task agreement valued at approximately $24M by Lawrence Livermore National Security for demolition and disposal at Lawrence Livermore National Laboratory in Livermore, California. Under the agreement, Perma-Fix will provide demolition, excavation, and waste management services to support the safe disposition of these facilities as part of site efforts aligned with LLNL's national security mission. The project is expected to draw on Perma-Fix's technical expertise in complex radiological and hazardous waste handling, facility decontamination, and nuclear waste management. Perma-Fix will execute the project in partnership with three local subcontractors and will focus on safely advancing demolition and disposal work while minimizing impacts to surrounding operations and site activities.

Reports Q4 revenue $15.72M vs. $14.7M last year. Mark Duff, president and CEO of the company, commented, "During 2025, we focused on strengthening Perma-Fix's operational foundation and positioning the Company for the next phase of growth tied to the U.S. Department of Energy's Hanford cleanup mission. While the timing of certain government programs affected activity levels during the year, we continued to progress in preparing our facilities, workforce, and infrastructure to support the increased waste volumes expected as the Direct-Feed Low-Activity Waste, or DFLAW, program transitions into its operational phase."

Perma-Fix Environmental Services announced that it has received a final Dangerous Mixed Waste Permit Renewal for its Perma-Fix Northwest, PFNW, Mixed Waste Facility, MWF, located in Richland, Washington. The permit, issued by the Washington Department of Ecology, became effective January 1, 2026. The renewed permit updates PFNW's original 1999 permit to reflect the facility's current treatment units, infrastructure, safety systems, and operating practices, and represents a significant milestone for the Company's nuclear services platform. PFNW has continued to operate safely under its prior permit while the renewal process was underway and also maintains separate radioactive material licenses from the Washington Department of Health.