Nuclear services company Orano Federal Services and environmental services contractor Spectra Tech created a joint-venture company to pursue small business set-aside contracts, the two said in a joint press release.
The new joint venture, dubbed Spectrano, will “leverage its history of performance at federal sites across the country,” Orano said in the Wednesday release.
The announcement comes after the U.S. Small Business Administration in April approved Orano and the Oak Ridge, Tenn.-based Spectra Tech for its Mentor-Protégé Program (MPP), the release said. The MPP allows companies classified as small businesses to work with larger firms on internal business management, federal contracting and other business development opportunities.
“The Spectrano joint venture is a natural combination of strengths by two long-time federal services providers,” Spectrano president and Spectra Tech founder Loong Yong said in the release. “Our shared focus on safety, quality, and performance—with a strong dash of innovation—positions us as a reliable provider on any team.”
Founded in 1995, Spectra Tech provides nuclear safety, nuclear security and radiation protection services to the U.S. government, federal contractors and private companies. Among its contract work, Spectra Tech has overseen Idaho National Laboratory’s storage facility for spent fuel from Three Mile Island Unit 2, and has managed the Idaho Spent Fuel Facility’s license.
Orano Federal Services, the U.S. wing of Paris-based Orano, provides nuclear fuel cycle technologies and environmental management services for the government. The company is also one half of Interim Storage Partners, its joint venture with Waste Control Specialists aiming to build a consolidated interim storage facility for spent nuclear fuel in west Texas.
