Risk Assessment Corporation

What Risk Assessment Corporation does

Risk Assessment Corporation (RAC) is a privately held, specialized scientific consulting firm founded in 1977 by Dr. John Till, a retired U.S. Navy Rear Admiral, and headquartered in Neeses, South Carolina, with a distributed team of 11-50 employees working remotely across the United States. The firm provides independent environmental radiological dose and risk assessments, performance assessments for radioactive waste disposal facilities, contaminant release and transport modeling, and historical dose reconstruction for nuclear utilities, U.S. Department of Energy (DOE) sites, and federal regulators. Its core commercial offering is RACER® (Radiological Assessment and Compliance Environmental Reporter), a proprietary data management platform that ingests environmental, effluent, field, and meteorological measurements and converts them into dose and exposure information for regulatory compliance and decision-making; AutoDose, a 2021 module co-developed with ddms, inc., adds near-instantaneous dose calculation following atmospheric radioactivity releases.

RAC monetizes through two streams: (i) custom professional services engagements covering dose reconstruction, risk assessment, performance assessment, and GoldSim modeling, and (ii) RACER® platform licensing, customization, and ongoing support deployed directly at client sites. The customer base is concentrated among a small number of large institutional buyers, most visibly Exelon (RACER® deployed across all 14 nuclear sites), PSEG, Waste Control Specialists, and DOE complexes including Hanford, Savannah River, Los Alamos, and Santa Susana Field Laboratory, with training engagements for the U.S. Nuclear Regulatory Commission. The firm's competitive position rests on founder-led scientific authority — including authorship of the Oxford University Press textbook on environmental dose and risk assessment — combined with team representation on ICRP, NCRP, UNSCEAR, and Health Physics Society committees, and a 45+ year operating history. RAC is founder-controlled, has no disclosed venture or private equity backing, and operates without an active app, public API, or SDK surface.

Name

Risk Assessment Corporation

Legal name

Risk Assessment Corporation

Website

https://racteam.com

Company type

Private

Founded year

1977

Operating status

Operating

Headcount range

11–50 employees

Short description

Risk Assessment Corporation provides independent environmental radiological dose and risk assessment consulting and the RACER® data management platform to U.S. nuclear utilities (Exelon, PSEG), DOE sites, and radioactive waste disposal operators.

Ownership category

akta.pro rank

Product category

Radiological Environmental Consulting

NAICS

Environmental Consulting Services (541620), Testing Laboratories and Services (54138)

SIC

Services-Commercial Physical & Biological Research (8731), Services-Testing Laboratories (8734)

akta.pro primary industry

Performance assessment, safety case & long-term monitoring (modeling, PA/SR, instrumentation) (EUAKAGAJ)

akta.pro secondary industries

Radiological Characterization, Surveys & Site Assessment (EUAKAFAC), Final Status Surveys, Verification & Site Release (Greenfield/Brownfield) (EUAKAFAI), Radiological & Hazardous Materials Monitoring (Radiation, Asbestos, Lead) (EUAHACAJ)

Keywords

• Radiological risk assessment
• Dose reconstruction services
• Nuclear environmental consulting
• Performance assessment modeling
• Radiation data management

Headquarters

HQ city

Neeses

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Others

Revenue model

1. Environmental Dose & Risk Assessment Consulting: Custom consulting services for dose reconstruction, risk assessment, and environmental analysis. Services include evaluating radiation doses from environmental sources, assessing health impacts, and auditing emissions for facilities.
2. RACER® Software Platform Licensing and Customization: Licensing and customization of the RACER® data management platform for nuclear energy clients. RACER® is customized to fit specific needs for custom reporting and data presentation, deployed at client sites.
3. Performance Assessment Services: Quantitative evaluations of potential releases of radioactivity from disposal facilities, required for regulatory compliance. Includes GoldSim modeling for radiological performance assessments.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Risk Assessment Corporation provides independent environmental dose reconstruction, radiological risk assessment, performance assessment, and contaminant release/transport modeling services to the nuclear energy, radioactive waste management, and environmental remediation sectors. The firm augments these consulting services with its proprietary RACER® data management platform, which compiles environmental, effluent, meteorological, and dose data at client nuclear sites, and offers training courses to agencies such as the U.S. Nuclear Regulatory Commission.

Product overview

Risk Assessment Corporation offers a single unified product platform called RACER® — an industry-leading data management tool for environmental radiological dose and risk assessment. RACER® serves as the core platform for compiling and analyzing environmental, effluent, field, and meteorological measurements, enabling efficient data use for regulatory compliance and decision-making. The platform includes AutoDose as a module for nearly instantaneous dose calculations following radioactive releases, and supports GoldSim-based performance assessment models for regulatory compliance evaluations. RAC develops custom tools and applications to calculate radiation doses and risks from environmental sources, assess health impacts, and conduct environmental transport modeling.

Differentiator

Problem solved

Functional benefit

Brands

• RACER: RACER is an industry-leading data management tool that enables compilation and efficient use of data to support regulatory requirements for the nuclear energy industry. It manages environmental, effluent, field, and meteorological measurements, as well as exposure and dose factors. The platform includes dashboard KPIs for visualizing effluent metrics and auto alert functions for environmental and effluent levels.

Products and services

• RACER® (Radiological Assessment and Compliance Environmental Reporter) An industry-leading data management platform for the nuclear energy industry that compiles environmental, effluent, field, and meteorological measurements along with exposure and dose factors, turning key information into knowledge for decision makers and supporting regulatory requirements. It is customized and deployed at client nuclear sites (including all 14 Exelon sites and PSEG) and provides KPI dashboards, automated alerts, custom reporting, and the AutoDose module for near-real-time dose calculations following an atmospheric release of radioactivity.
• Environmental Dose Reconstruction and Risk Assessment Services Custom consulting services that determine how people may be exposed to radioactive and chemical contaminants in the environment and assess associated health effects, covering historical dose reconstruction, present-day facility assessments, and future impact predictions, supported by more than 45 years of team experience.
• Performance Assessment and GoldSim Modeling Services Quantitative evaluations of potential releases of radioactivity from disposal facilities into the environment and the resultant radiological doses to predefined receptors, including development and application of GoldSim-based performance assessment models for low-level waste and other disposal facilities to satisfy regulatory compliance requirements.
• Contaminant Release and Transport Modeling Services Services for reconstructing and estimating historic and current releases of radioactive and chemical materials to the environment, as well as predictive modeling for future scenarios, supporting consequence assessments, off-site impact evaluations (e.g., the Woolsey Fire at the Santa Susana Field Laboratory), and risk communication.
• Environmental Remediation Consulting Consulting services covering the full spectrum of sustainable environmental remediation, from quantifying human and environmental risks at contaminated sites to determining appropriate cleanup levels, prioritizing sites, and brokering stakeholder agreement on remediation strategies.
• TENORM Waste Analysis Consulting Specialized consulting for technologically enhanced naturally occurring radioactive material (TENORM) from oil and natural gas operations, including dose and risk assessments for materials placed in municipal and chemical/hazardous waste landfills, corrective action plans, and evaluations of remediation options in the absence of consistent national and state regulations.
• Uranium Mining and Production Consulting Expert consulting across the uranium fuel cycle, from ore extraction and milling to treatment and disposal of milling waste and fabrication of fuel elements, including radionuclide analysis in the uranium and thorium decay series, dose reconstruction at former mine sites, and cleanup strategy development.

Quantifiable outcome

• Successfully completed the first approved performance assessment for Waste Control Specialists' low-level waste facility
• +2 more outcomes

Named customers8 records

Segments6 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• de maximis Data Management Services (ddms, inc.)coreTechnology or Integration · 1 January 2021RAC and ddms, inc. collaborated to create AutoDose, a highly innovative feature in the RACER application. AutoDose facilitates communication of accurate and nearly instantaneous information about the magnitude of dose following a release of radioactivity to the atmosphere, using 15-minute-average meteorological conditions.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Mirion Technologies: Large radiation-detection and measurement instrumentation company serving nuclear utilities, DOE, and medical/industrial customers — adjacent as the hardware/measurement layer that complements RAC's data-management and assessment software.
• AECOM: Major global infrastructure consulting firm with a sizable nuclear and environmental remediation practice, competing for DOE and utility decommissioning and site-characterization work.
• Tetra Tech: Global environmental and engineering consulting firm with a nuclear/environmental remediation practice that performs radiological site assessments, decommissioning, and remediation — broader portfolio but overlapping on environmental remediation mandates.
• Golder Associates (now WSP): Environmental and geoscience consulting with nuclear and radioactive-waste practices, performing site characterization and risk assessment for nuclear and mining clients.
• Oak Ridge Associated Universities (ORAU): Federally affiliated consortium providing radiation epidemiology, dose reconstruction (RECA, USRT), and health physics research for DOE — competes for similar government dose-reconstruction and assessment mandates.

Emerging players

• Pacific Northwest National Laboratory (PNNL): DOE national laboratory whose Risk and Environmental Assessment group (where RAC's Technical Lead is also affiliated) performs radiological dose and risk assessments for DOE sites — overlapping domain authority.

Others

• National Council on Radiation Protection and Measurements (NCRP): Scientific body where RAC team members serve; produces authoritative radiation-protection commentary and guidance that shapes the consulting standards RAC and its peers apply in their work.
• Sandia National Laboratories: DOE national laboratory with capabilities in nuclear safety, risk assessment, and radioactive waste performance assessment — comparable technical authority for federal nuclear mandates.

Direct peers

• SC&A, Inc. An employee-owned scientific consulting firm specializing in radiation protection, dose reconstruction, epidemiology, and environmental risk assessment for DOE and nuclear clients — directly comparable to RAC's core practice.
• MJW Technical Services: Provides radiation protection, health physics, and environmental radiological services to nuclear utilities and government clients, with overlapping capabilities in dose assessment and radiological program support.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Risk Assessment Corporation