Spectra Tech and Orano Announce Formation of Spectrano Joint Venture
The two companies have formed a joint venture (JV) named Spectrano, led by small business Spectra Tech.
Oak Ridge, Tenn., September 14, 2022 – In April 2022, the U.S. Small Business Administration (SBA) approved the application from Orano Federal Services LLC and Spectra Tech, Inc. for the Mentor-Protégé program (MPP). Following this approval, the two companies have formed a joint venture (JV) named Spectrano, led by small business Spectra Tech.
With its member companies’ more than 50 years of combined experience, Spectrano will pursue small business set-aside contracts and leverage its history of performance at federal sites across the country. Spectrano’s market differentiators include extensive leadership and Subject Matter Expertise (SME) experience in key mission areas combined with access to the latest generation of technology and cutting-edge nuclear industry innovations.
“The Spectrano joint venture is a natural combination of strengths by two long-time federal services providers,” said Dr. Loong Yong, Spectrano president. “Our shared focus on safety, quality, and performance—with a strong dash of innovation—positions us as a reliable provider on any team.”
“Partnering in this new Spectrano joint venture enhances our strong, long-term business relationship with Spectra Tech and brings a strong, competitive performer to this segment of the federal services market,” said Dorothy Davidson, President, Orano Federal Services.
Spectra Tech is a minority-owned engineering, environmental, and nuclear services company based in Oak Ridge, Tennessee. It was founded and is still owned by Loong Yong, Ph.D., in 1995. The company’s core areas of expertise include nuclear safety, criticality safety, safeguards & security, and radiation protection. Spectra Tech has provided high-quality support to projects worldwide for a range of clients, including U.S. federal agencies, government contractors, and private commercial companies. In April 2022, Spectra Tech received the Small Business of the Year Award for 2021 from the Department of Energy’s Office of Small and Disadvantaged Business Utilization (OSDBU), specifically recognizing “the creative, unique, and extraordinary performance of a small business which has significantly and directly impacted core DOE mission objectives and requirements.” https://www.spectratechinc.com
Orano Federal Services, headquartered in Charlotte, NC, is part of the global Orano company offering products and services in the front end and the back end of the nuclear fuel cycle and to advanced reactor developers. For the U.S. government, Orano FS provides nuclear fuel cycle technologies and environmental management services using proven and first-of-a-kind technologies that help meet the nation’s cleanup and closure needs, along with engineering solutions for managing used nuclear fuel and radioactive waste. https://www.orano.group/usa/en/our-portfolio-expertise/federal-services
Media Contact: Curtis Roberts, Press Officer, 202-374-8766, curtis.roberts@orano.group. Orano USA, 4747 Bethesda Ave., Suite 1001, Bethesda, Maryland, 20814. www.orano.group/usa, @Orano_usa
With its member companies’ more than 50 years of combined experience, Spectrano will pursue small business set-aside contracts and leverage its history of performance at federal sites across the country. Spectrano’s market differentiators include extensive leadership and Subject Matter Expertise (SME) experience in key mission areas combined with access to the latest generation of technology and cutting-edge nuclear industry innovations. “The Spectrano joint venture is a natural combination of strengths by two long-time federal services providers,” said Dr. Loong Yong, Spectrano president. “Our shared focus on safety, quality, and performance—with a strong dash of innovation—positions us as a reliable provider on any team.”
“Partnering in this new Spectrano joint venture enhances our strong, long-term business relationship with Spectra Tech and brings a strong, competitive performer to this segment of the federal services market,” said Dorothy Davidson, President, Orano Federal Services.
Spectra Tech is a minority-owned engineering, environmental, and nuclear services company based in Oak Ridge, Tennessee. It was founded and is still owned by Loong Yong, Ph.D., in 1995. The company’s core areas of expertise include nuclear safety, criticality safety, safeguards & security, and radiation protection. Spectra Tech has provided high-quality support to projects worldwide for a range of clients, including U.S. federal agencies, government contractors, and private commercial companies. In April 2022, Spectra Tech received the Small Business of the Year Award for 2021 from the Department of Energy’s Office of Small and Disadvantaged Business Utilization (OSDBU), specifically recognizing “the creative, unique, and extraordinary performance of a small business which has significantly and directly impacted core DOE mission objectives and requirements.” https://www.spectratechinc.com
Orano Federal Services, headquartered in Charlotte, NC, is part of the global Orano company offering products and services in the front end and the back end of the nuclear fuel cycle and to advanced reactor developers. For the U.S. government, Orano FS provides nuclear fuel cycle technologies and environmental management services using proven and first-of-a-kind technologies that help meet the nation’s cleanup and closure needs, along with engineering solutions for managing used nuclear fuel and radioactive waste. https://www.orano.group/usa/en/our-portfolio-expertise/federal-services
Media Contact: Curtis Roberts, Press Officer, 202-374-8766, curtis.roberts@orano.group. Orano USA, 4747 Bethesda Ave., Suite 1001, Bethesda, Maryland, 20814. www.orano.group/usa, @Orano_usa
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