Perma-Fix

What Perma-Fix does

Perma-Fix Environmental Services is a U.S.-based nuclear and radiological waste management company that operates an integrated network of four licensed Treatment, Storage, and Disposal Facilities (TSDFs) — Perma-Fix of Florida (PFF), Perma-Fix Northwest (PFNW), Diversified Scientific Services (DSSI), and the Environmental Waste Operations Center (EWOC) — supported by international subsidiaries in Canada (Perma-Fix Canada) and the United Kingdom (Perma-Fix UK). The company serves federal agencies (DOE, DOD, USACE, NASA, U.S. Navy/Air Force), commercial nuclear utilities, oil & gas producers, mining and metals companies, and industrial clients, providing waste characterization, treatment, packaging, transportation, decontamination and decommissioning, health physics, and emergency radiological response services.

The company's proprietary technology stack centers on differentiated treatment processes protected by 40 patents, including Perma-FAS (hydrolytic PFAS destruction at ≤150°C achieving 99.9999% destruction), Perma-Sort (100% bulk radiological assay at 200+ tons/hour), Therma-Fix Gen3 (vacuum thermal desorption at 1200°F), Bulk Processing Units (1800°F thermal processing with up to 100:1 volume reduction), and the only TSCA-authorized commercial mixed waste combustion unit in the U.S. (DSSI). Perma-Fix holds the only commercial TRU waste authorization (PFNW) and is the sole commercial entity with both NRC import/export licenses enabling international waste transport to U.S. treatment facilities.

Revenue is generated primarily through long-term government contracts (IDIQ, SATOC, MATOC) and project-based commercial engagements, with FY2025 revenue of $61.7 million split between a Treatment Segment ($45.1M, +29% YoY) and a Services Segment ($16.6M, -31.4% YoY). The company pursues a direct enterprise field sales motion targeting DOE/DOD programs through teaming arrangements with prime contractors, conference presence at industry events (ETEBA, Battelle, ANS, HPS), and a resume-based competitive bidding process. Pricing is project-specific and not publicly disclosed. Recent strategic emphasis is on commercializing Perma-FAS PFAS destruction and capturing the Hanford DFLAW waste disposal opportunity, supported by a $20 million public offering commenced in May 2026.

Name

Perma-Fix

Legal name

Perma-Fix Environmental Services, Inc.

Website

https://perma-fix.com

Company type

Public

Founded year

1991

Operating status

Operating

Headcount range

251–500 employees

Short description

Perma-Fix Environmental Services operates four licensed nuclear waste treatment facilities serving U.S. federal agencies and commercial clients with proprietary radioactive, mixed, and PFAS waste destruction, decontamination and decommissioning, and health physics services.

Ownership category

akta.pro rank

Product category

Nuclear Waste Management Services

NAICS

Hazardous Waste Treatment and Disposal (562211), Waste Treatment and Disposal (5622), Remediation Services (562910), Remediation and Other Waste Management Services (5629)

SIC

Hazardous Waste Management (4955), Sanitary Services (4950)

akta.pro primary industry

Hazardous Waste Storage & TSDF Operations (Permitted Storage, Container/Yard Management) (BPALAFAE)

akta.pro secondary industries

Hazardous Waste Handling, Transport & Disposal (RCRA/TSDF) (IMAIAGAC), Radioactive & Mixed Waste Management (Low-Level, NORM/TENORM, Mixed) (EUAIAFAK), Special Waste Disposal (Asbestos, Treated Wood, PFAS-impacted Residuals, Other Regulated Wastes) (EUAIACAK), Feasibility Studies & Remedial Design/Engineering (FS/RD, Treatability Testing) (EUAIALAB)

Keywords

• Nuclear waste management
• Hazardous waste treatment
• Environmental remediation services
• Radiological waste disposal
• Decontamination and decommissioning

Headquarters

HQ city

Atlanta

HQ country

United States

HQ region

North America

Offices10 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Supply Chain, Marketing or Sales

Revenue model

1. Government Waste Treatment and Disposal Services: Long-term and project-based contracts with the U.S. Department of Energy, Department of Defense, and other federal agencies for nuclear waste management, treatment, characterization, packaging, transportation, and disposal. Revenue is project-driven and tied to federal budget cycles and regulatory mandates. Treatment segment generated $45.1M in FY2025.
2. Commercial Nuclear and Radiological Services: Decontamination and decommissioning, environmental remediation, health physics services, and waste management for commercial clients including nuclear power utilities, mining and metals companies, oil and gas producers, medical institutions, and industrial clients. Revenue mix includes fixed-price, cost-plus, and time-and-materials contracts.
3. Instrumentation Rental, Calibration, and Repair: Rental, calibration, and repair services for radiological and industrial hygiene instrumentation from the Knoxville-based facility with over 2,000 instruments in inventory. Provides short- and long-term leasing options to government and commercial clients worldwide.
4. Services Segment: Field services including characterization, remediation, radiological protection, and project management. Services segment generated $16.6M in FY2025, down 31.4% year-over-year. Backlog for treatment segment increased 50.9% to $11.9M as of December 31, 2025.

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels5 records

Core offering

Perma-Fix Environmental Services operates an integrated nationwide network of four licensed treatment, storage, and disposal facilities (TSDFs) providing nuclear, radioactive, hazardous, and mixed waste management services. The company's core offering spans end-to-end waste lifecycle services including characterization, treatment (thermal, volume reduction, chemical destruction), packaging, transportation, and final disposal, supplemented by decontamination & decommissioning, health physics, and environmental remediation for government and commercial clients.

Product overview

Perma-Fix is a nuclear and radiological services company providing waste management, treatment, and environmental remediation services. The portfolio consists of four treatment facilities (Perma-Fix of Florida, Perma-Fix Northwest, DSSI, and EWOC) and proprietary treatment technologies including Perma-FAS for PFAS destruction, Perma-Sort® for bulk material segregation, Therma-Fix Gen3 for vacuum thermal desorption, and Bulk Processing Units for thermal volume reduction. The company operates international subsidiaries in the UK and Canada, and provides complementary services including health physics, instrumentation, environmental remediation, and decontamination and decommissioning.

Differentiator

Problem solved

Functional benefit

Brands

• Perma-FAS: Groundbreaking PFAS destruction technology that chemically destroys PFAS contaminants at temperatures below 150°C, achieving 99.9999% destruction rate on high-concentration liquids.
• Perma-Sort®
• Therma-Fix Gen3
• Bulk Processing Unit (BPU)
• Eagle i-Scan

Products and services

• Perma-FAS™
• Perma-Sort®
• Therma-Fix Gen3
• Bulk Processing Unit (BPU)
• Radioactive Waste Water Evaporator
• Direct-Fired Boiler Industrial Furnace
• Eagle iScan
• Nuclear and Radiological Waste Treatment Services
• Field Services and Project Management
• Instrumentation Rental, Calibration and Repair
• Health Physics Services

Quantifiable outcome

• 100:1 volume reduction for LLW via Bulk Processing Units, significantly reducing disposal costs and landfill footprint
• +8 more outcomes

Named customers13 records

Segments8 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature9 records

Partnerships

Six partnerships are on record, tiered core and supporting.

• Enforcer One, LLCcoreStrategic or Co-development Partner · 16 December 2025Perma-Fix partnered with Enforcer One to promote the use and destruction of PFAS-free firefighting foams. The collaboration combines Perma-FAS PFAS destruction technology with Enforcer One's fluorine-free FIREBULL® AB fire suppression solutions to deliver a nationwide turnkey solution for replacing legacy AFFF stocks with safer alternatives. This partnership addresses regulatory and environmental pressures on military, airport, and industrial facilities using aqueous film-forming foams.
• ProcessBarronsupportingTechnology or IntegrationProcessBarron partnered with Perma-Fix in the construction of the first commercial-scale Perma-FAS PFAS destruction system at the Gainesville, Florida facility. ProcessBarron contributed engineering and equipment expertise for the facility build-out, supporting technology optimization and operational growth.
• ECC (Environmental Chemical Corporation)coreStrategic or Co-development PartnerECC of Burlingame, CA formed a joint venture (JV) with Perma-Fix called Enviro-Fix Solutions, LLC (45% owned by Perma-Fix) to pursue FUSRAP remediation contracts. The JV combines ECC's construction and remediation experience with Perma-Fix's waste management and radiological services expertise. Notable contracts include the $13.4M Harshaw Chemical Site (3-year) and $40M Niagara Falls Storage Site (5-year IDIQ SATOC) from USACE Buffalo District.
• Wood (formerly Amec Foster Wheeler)supportingImplementation/ SI/ Consulting PartnerPerma-Fix UK collaborated with Wood (formerly Amec Foster Wheeler) to support the production of the AMLGM (Amalgam) process for mercury leach test trials at the UK's Low-Level Waste Repository (LLWR). The trials simulated mercury leaching behavior from waste packages, supporting UK regulatory compliance for mercury-contaminated nuclear wastes.
• CH2M Hill Plateau Remediation Company (CHPRC)coreChannel Partner/ Reseller/ DistributorPerma-Fix's wholly-owned subsidiary M&EC joined with CH2M Hill as a pre-selected teaming subcontractor for the Hanford Plateau Remediation Contract (CHPRC), a ~$4.5B/10-year cost-plus incentive fee contract. Perma-Fix/M&EC performed waste management and facility operations across 30+ central plateau facilities, including the Solid Waste Operations Complex, T Plant, Low Level Burial Grounds, and Integrated Disposal Facility.
• Clauss ConstructionsupportingChannel Partner/ Reseller/ DistributorPerma-Fix served as key management company in partnership with Clauss Construction for the LBNL Building B51 and Bevatron decommissioning and demolition project. Perma-Fix managed the project while Clauss provided construction execution capability for this historic decommissioning.

Scale indicators17 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• NAC International: NAC International provides nuclear fuel cycle, waste management, and decommissioning services, including cask/transport technology and used fuel storage. It overlaps with Perma-Fix in DOE waste logistics and characterization, particularly for international nuclear waste transport programs.
• Cyclife (Veolia Nuclear Solutions): Cyclife, the nuclear services arm of Veolia, operates the Swedish Studsvik facility and the U.K. Metals Recycling Facility, providing radioactive waste melting and treatment. It competes head-to-head with Perma-Fix's DSSI/D-Pu capability for commercial radioactive waste treatment and international decommissioning work.
• EnergySolutions: EnergySolutions is the largest U.S. provider of nuclear services, including decommissioning, spent fuel management, and waste treatment/disposal at the Clive, UT facility. It directly competes with Perma-Fix for DOE, DOD, and commercial nuclear waste contracts and serves as the closest comparable peer.
• Studsvik: Swedish-based Studsvik operates a commercial low- and intermediate-level waste treatment facility and provides nuclear decommissioning and consulting services across Europe. Comparable to Perma-Fix as a vertically integrated nuclear waste treatment specialist with proprietary thermal/chemical processes.

Others

• Waste Management Inc. Waste Management is North America's largest environmental services provider focused on solid waste collection, recycling, and disposal. While not a nuclear services competitor, it is adjacent as a comparator for broader hazardous/industrial waste treatment operations and a potential acquirer or partner for Perma-Fix's non-radioactive hazardous waste volumes.

Broad incumbents

• Amentum: Amentum (formed from AECOM Management Services and Jacobs Critical Mission Solutions) is a major federal services contractor delivering nuclear, environmental, and remediation services to DOE and DOD. It competes with Perma-Fix for large DOE prime contracts such as Hanford and serves as a broad incumbent in the same customer base.
• AtkinsRéalis (formerly SNC-Lavalin): AtkinsRéalis provides nuclear, engineering, and project management services across Canada and globally, including CANDU reactor support, decommissioning, and waste management. It is a comparable peer for Perma-Fix's CNL and Canadian nuclear services portfolio and competes on major international decommissioning programs.
• Orano: French-based Orano is a major global nuclear fuel cycle and decommissioning player, providing waste treatment, transport, and site cleanup services. Comparable to Perma-Fix on international nuclear waste logistics and treatment, though significantly larger and broader in scope.
• Bechtel National: Bechtel is a major DOE prime contractor with deep presence at Hanford, Oak Ridge, and other nuclear cleanup sites. It competes with Perma-Fix for large federal nuclear and environmental remediation contracts and serves as both a competitor and a key teaming partner through M&EC and CHPRC subcontracts.
• Jacobs Solutions: Jacobs operates as a prime contractor on several DOE environmental management sites (e.g., Paducah, Portsmouth) and provides nuclear safety, D&D, and waste management services. While larger and more diversified, it is a key competitor and potential partner/prerequisite for Perma-Fix's federal contract pursuits.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UCCWKAo7mz4xL_gBkdtUcWtw
• LinkedInlinkedin.com/company/perma-fix-environmental-services

Compliance15 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries8 records

Funding overview

Funding rounds2 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Perma-Fix