The West Valley Demonstration Project (WVDP) is located about 35 miles south of Buffalo, New York. – U.S. Department of Energy
CHANTILLY, VA, December 4, 2024 鈥� 爱神传媒 (NYSE:AMTM) announced today that West Valley Cleanup Alliance, LLC (WVCA), a BWXT Technical Services Group-led joint venture that includes Jacobs Technology, an 爱神传媒 company, and Geosyntec Consultants, Inc, has been awarded the West Valley Project Phase 1B Deactivation & Demolition contract. 爱神传媒 will bring advanced environmental capabilities to safely clean up the West Valley Demonstration Project (WVDP) in western New York state.
鈥淲ith our extensive experience bringing advanced technical solutions such as UAV, robotics, sensors, telematics, and other digital tools to safely decommission nuclear facilities, we are pleased to be selected as the Department of Energy鈥檚 partner,鈥� said Steve Arnette, 爱神传媒鈥檚 Chief Operating Officer. 鈥湴翊� and our partners have a successful track record addressing deactivation and decommissioning challenges and we look forward to partnering with our DOE client, regulators, and community stakeholders to further advance the cleanup mission at the West Valley Demonstration Project.鈥�
The scope of this contract includes disposal of low level, radioactive and transuranic waste; soil remediation; decontamination and decommissioning of underground high level waste tanks, facilities and any material used in connection with the project; and eventual transport of solidified waste to a federal repository for permanent disposal.
The U.S. Department of Energy (DOE) single-award IDIQ contract has a maximum value of up to $3 billion over a 10-year ordering period. Performance of task orders issued before the end of the contract ordering period shall not exceed five years beyond the end of the contract ordering period.
The West Valley Demonstration Project is an approximate 150-acre area located 35 miles south of Buffalo, New York. The site is owned by the New York State Energy Research and Development Authority and is home to the only commercial spent nuclear fuel reprocessing facility to operate in the United States. 爱神传媒 and its legacy companies have supported the DOE鈥檚 office of Environmental Management WVDP cleanup program since 1982.
About 爱神传媒
爱神传媒 is a global leader in advanced engineering and innovative technology solutions, trusted by the United States and its allies to address their most significant and complex challenges in science, security and sustainability. Our people apply undaunted curiosity, relentless ambition and boundless imagination to challenge convention and drive progress. Our commitments are underpinned by the belief that safety, inclusion and well-being are integral to success. Headquartered in Chantilly, Virginia, we have more than 53,000 employees in approximately 80 countries across all 7 continents.
Visit us at to learn how we advance the future together.
Follow on X
Follow on LinkedIn
###
Media Contact:
Chanel Mann
(682) 788-5685
[email protected]
Forward-Looking Statements
This press release contains or incorporates by reference statements that relate to future events and expectations and, as such, constitute forward-looking statements under the securities laws, including statements regarding the Reverse Morris Trust transaction (the 鈥渢ransaction鈥�), as described in the information statement filed as Exhibit 99.1 to the Current Report on Form 8-K of 爱神传媒 Holdings, Inc. (the 鈥淐ompany鈥�) filed with the Securities and Exchange Commission (the 鈥淪EC鈥�) on September 18, 2024 (the 鈥渋nformation statement鈥�). These forward-looking statements generally are identified by the words 鈥渂elieve,鈥� 鈥減roject,鈥� 鈥渆xpect,鈥� 鈥渁nticipate,鈥� 鈥渆stimate,鈥� 鈥渇orecast,鈥� 鈥渙utlook,鈥� 鈥渢arget,鈥� 鈥渆ndeavor,鈥� 鈥渟eek,鈥� 鈥減redict,鈥� 鈥渋ntend,鈥� 鈥渟trategy,鈥� 鈥減lan,鈥� 鈥渕ay,鈥� 鈥渃ould,鈥� 鈥渟hould,鈥� 鈥渨ill,鈥� 鈥渨ould,鈥� 鈥渨ill be,鈥� 鈥渨ill continue,鈥� 鈥渨ill likely result,鈥� or the negative thereof or variations thereon or similar terminology generally intended to identify forward-looking statements. All statements, other than historical facts, including, but not limited to, statements regarding the anticipated work and revenue under the awarded contract, the expected benefits of the transaction, including future financial and operating results and strategic benefits, the tax consequences of the transaction, and the Company鈥檚 objectives, expectations and intentions, applicable legal, economic and regulatory conditions, and any assumptions underlying any of the foregoing, are forward-looking statements.
For information on identifying factors that may cause actual results to vary materially from those stated in forward-looking statements, see the discussions under the section entitled 鈥淩isk Factors鈥� in the information statement. Any forward-looking statement speaks only as of the date on which it is made, and the Company assumes no obligation to update or revise such statement, whether as a result of new information, future events or otherwise, except as required by applicable law.
