Welcome to our dedicated page for Atlas Critical news (Ticker: ATCX), a resource for investors and traders seeking the latest updates and insights on Atlas Critical stock.
Atlas Critical Minerals Corporation (NASDAQ: ATCX) is a mineral exploration and development company focused on critical minerals projects in Brazil, and its news flow reflects this focus on rare earths, nuclear-grade graphite, uranium, and iron ore. Company announcements describe a large portfolio of mineral rights exceeding 218,000 hectares, with assets that include rare earths, graphite, titanium, copper, uranium, nickel, and iron ore, as well as mineral rights for quartzite, gold, and diamond properties.
News updates for ATCX commonly cover developments at its key projects, such as the Alto do Paranaíba and Iporá rare earths projects, the Malacacheta Graphite Project, and the Rio Piracicaba Iron Ore Project. Disclosures have highlighted SK 1300 Technical Reports filed with the U.S. Securities and Exchange Commission, drilling and sampling results, metallurgical testing outcomes, and the start of revenue-generating iron ore operations.
Investors can also expect news related to capital markets activity, including the company’s listing on the Nasdaq Capital Market under the symbol ATCX and underwritten public offerings of common stock. These releases outline how proceeds are intended to support exploration and development across the Brazilian critical minerals portfolio and general corporate purposes.
This news page aggregates company press releases and market updates so readers can follow Atlas Critical Minerals’ progress on rare earths, nuclear-grade graphite, uranium, and iron ore projects in Brazil, along with regulatory and financing milestones that shape the company’s development path.
Atlas Technical Consultants (Nasdaq: ATCX) has secured a $3 million contract with the Los Angeles County Department of Public Works. This three-year contract, which includes options for two additional one-year renewals, focuses on providing on-call special inspection and materials testing for healthcare facilities. Services will cover structural steel, welding, concrete, and more, ensuring compliance with California’s Office of Statewide Health Planning and Development. Key sites include Harbor-UCLA Medical Center and Los Angeles County-USC Medical Center.
Atlas Technical Consultants (ATCX) reported a strong start to 2021, achieving 12.8% gross revenue growth to $123.3 million, attributed to both organic growth and acquisitions. The company completed a significant balance sheet recapitalization, enhancing cash flow and reducing net leverage. Adjusted EBITDA increased by 12.7% to $14.5 million, while adjusted net income surged to $11.1 million. They raised the full-year revenue outlook to a range of $520 million to $540 million. The backlog stood at $689 million, reflecting strong market demand.
Atlas Technical Consultants (Nasdaq: ATCX) will release its first quarter 2021 financial results after the market closes on May 17, 2021. A conference call and webcast to discuss the results will follow at 5:00 p.m. Eastern time. The event is designed to cover recent developments and feature a Q&A session. Interested parties can access the live webcast through the Company’s investor website or join via phone. Atlas provides a range of services including Environmental, Testing, Inspection, Certification, Engineering, and Quality Management services across various sectors.
Atlas Technical Consultants (Nasdaq: ATCX) announced a $2 million contract for a five-year term with the Texas Department of Transportation (TxDOT) El Paso District. The contract focuses on engineering services related to sampling, testing, and inspection for highway construction projects. Atlas has maintained a partnership with TxDOT for over 20 years, resulting in numerous projects improving Texans' quality of life. This contract marks Atlas' fourth Materials Contract with TxDOT's El Paso District since 2015, showcasing their ongoing commitment to excellence and safety in infrastructure services.
Atlas Technical Consultants (Nasdaq: ATCX) has successfully acquired Atlantic Engineering Laboratories (AEL), enhancing its service offerings in the New York tri-state area. This acquisition strengthens Atlas's position in the infrastructure sector, capitalizing on rising infrastructure spending. AEL, with over 275 employees, specializes in materials testing and engineering services. The terms of the acquisition were not disclosed, but this move is expected to enable Atlas to cross-sell services and expand its market share.
Atlas Technical Consultants (Nasdaq: ATCX) announced a significant contract award from the Georgia Department of Transportation, valued at up to $10 million. This contract involves on-call consultant services for Maintenance Engineering and Inspection in the East Central Georgia region. The agreement spans three years, with a possible two-year extension. Atlas aims to enhance its Program, Construction and Quality Management services through this partnership, reaffirming its commitment to quality and safety in transportation services throughout Georgia.
Atlas Technical Consultants (Nasdaq: ATCX) has been awarded a $2.4 million contract by Forsyth County, Georgia, for Construction Management and Inspection services related to the widening of State Route 369 and constructing an interchange at SR 400. This project, with a $45.1 million construction budget, aims to enhance the existing two-lane roadway and upgrade an intersection to a grade-separated cloverleaf interchange, collaborating with the Georgia Department of Transportation. Atlas has partnered with Forsyth County for over 20 years.
Atlas Technical Consultants, Inc. (Nasdaq: ATCX) has secured a three-year contract with the City of Augusta, Georgia, to provide environmental compliance, testing, and engineering services. This project involves landfill site studies, design services, and compliance activities, potentially renewable for two additional years. The landfill, Deans Bridge MSW Landfill, processes 1,000 to 1,500 tons of waste each day. Atlas’s expertise aims to enhance community safety around the landfill area.
Atlas Technical Consultants (Nasdaq: ATCX) reported strong fourth quarter 2020 results with gross revenue of $125.7 million, up from $113.0 million YOY, boosted by infrastructure work and acquisitions. However, the company incurred a net loss of $6.3 million, versus a loss of $5.5 million a year earlier. For FY 2021, Atlas projects revenue between $500 million and $520 million and adjusted EBITDA between $70 million and $76 million. The company completed several acquisitions and a comprehensive recapitalization to strengthen its balance sheet and enhance growth opportunities.
Atlas Technical Consultants (Nasdaq: ATCX) announced its acquisition of Atlantic Engineering Laboratories (AEL), enhancing its operational capacity in the New York Tri-State area. AEL, with over 275 employees, specializes in materials testing and inspection since 2004. This strategic move aims to leverage AEL's reputation for quality and customer service to accelerate growth and expand Atlas' cross-selling capabilities. The deal is set to close in Q2 2021, with terms undisclosed, promising synergies in environmental and engineering services.