Improvement in Waste Treatment Backlog
Waste treatment backlog has strengthened, with expectations of a meaningful increase from Q4 levels, indicating positive momentum for 2025.
DF Law Program at Hanford Progress
The DF Law program at Hanford is on track with DOE reaffirming the legally binding milestone of August 1st for waste treatment activities to commence, marking a major milestone for the industry.
PFAS Destruction Technology Progress
Perma-Fix's PFAS destruction technology has met performance expectations at commercial scale, and a second-generation unit is being developed, expected to triple processing capacity by late Q3 2025.
Strong Executive Leadership
Appointment of Troy Echeman as Chief Operating Officer, bringing extensive experience in nuclear and environmental services, expected to enhance operational efficiency and growth strategy execution.
Solid Financial Position
Cash on the balance sheet increased to $29 million from $7.5 million at year-end 2023, primarily from equity raises, indicating improved financial stability.