Overview
- Provider of environmental remediation services including:
- Implement remedies that reduce environmental risks
- Marine dredging
- Design and engineering solutions
- Customers across multiple industries:
- U.S. Government
- Utility
- Construction
- Manufacturing
- Environmental award winner for dredging innovation
- Versatility in services offered, able to self- perform more work than competition
Future Story
Double revenue to $72 million in 3 years
- Increasing services offered to existing client base
- Enter electric transmission restoration sector; bids range from $1 million to $25 million.
- Environmental remediation to register 8.7% CAGR between 2021-2026 to reach $158.8 billion
Sustainability
- Revenue backlog of $20 million
- 30 active contracts
- 63% of revenue comes from recession-proof utility industry
Defensibility
- High bid-to-win ratio
- Impeccable safety record
- Lower overhead than other bidders
- Preferred contractor for top 2 clients
- Significant company re-investment into assets and specialty equipment to capture more market share
- Patent pending for proprietary marine dredging technology