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MISTRAS to Provide Critical NDT Services for Bechtel on the Department of Energy’s Hanford Vit Plant

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MISTRAS Group (NYSE:MG) has announced a strategic partnership with Bechtel to provide non-destructive testing (NDT) services for the Department of Energy's Hanford Vit Plant Project in Washington State. The project focuses on processing and vitrifying high-level radioactive waste into stable glass form for long-term storage.

MISTRAS will deliver comprehensive NDT services including Radiography, Magnetic Particle Testing, Liquid Penetrant Testing, Positive Material Identification, Ultrasonic Thickness Testing, and Leak Testing. The services will be performed by certified technicians to ensure compliance with industry standards and regulatory requirements.

The Hanford Vit Plant, one of the world's most complex environmental remediation projects, will process millions of gallons of highly radioactive liquid waste, contributing to environmental cleanup efforts at one of the largest nuclear waste sites globally.

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Positive

  • Strategic partnership with Bechtel on a major government project
  • Expansion into nuclear waste treatment sector
  • Diversification of service portfolio into new markets
  • Long-term project supporting environmental cleanup efforts

Negative

  • Complex project with significant regulatory and safety requirements
  • High-risk environment dealing with radioactive materials

News Market Reaction – MG

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+1.26% News Effect

On the day this news was published, MG gained 1.26%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

PRINCETON, N.J., Aug. 27, 2025 (GLOBE NEWSWIRE) -- MISTRAS Group, a global leader in technology-enabled industrial asset integrity and testing solutions, is proud to announce its partnership with Bechtel on the Hanford Vit Plant Project. MISTRAS will deliver a comprehensive range of non-destructive testing (NDT) services to support this critical project, which plays a key role in the U.S. Department of Energy’s mission to treat and stabilize nuclear waste at the Hanford Site in Washington State.

The Hanford Vit Plant Project involves the construction of a state-of-the-art facility designed to process and vitrify high-level radioactive waste, converting it into a stable, glass form for long-term storage. This project is part of the United States' ongoing efforts to mitigate the risks posed by nuclear waste and ensure the safety of surrounding communities and ecosystems. The Hanford Vit Plant is one of the most challenging and complex environmental remediation projects in the world.

MISTRAS will support this project by providing expert NDT services to ensure the quality, safety, and integrity of critical systems and structures. The services will include Radiography (RT), Magnetic Particle Testing (MT), Liquid Penetrant Testing (PT), Positive Material Identification (PMI), Ultrasonic Thickness Testing (UT), and Leak Testing. All services will be performed by MISTRAS' certified technicians, ensuring high-quality, code-compliant results with thorough documentation that adheres to industry standards and regulatory requirements.

Gennaro D'Alterio, Chief Commercial Officer at MISTRAS, shared his enthusiasm about the partnership, stating:

"We are thrilled to collaborate on such a significant project. The Hanford Vit Plant is a critical piece of infrastructure for the safe treatment of nuclear waste, and we are proud to contribute our expertise in non-destructive testing to support its success. This project also represents a key milestone in executing MISTRAS’ diversification strategy, as we continue to expand our capabilities and serve new markets while delivering the highest standards of quality, safety, and regulatory compliance."

The Hanford Vit Plant Project, once completed, will be capable of processing millions of gallons of highly radioactive liquid waste, a key environmental cleanup effort at one of the largest nuclear waste sites in the world. This facility will contribute significantly to the long-term health and safety of local communities and the environment, ensuring the safe containment and disposal of radioactive waste for future generations.

About MISTRAS Group
MISTRAS Group, Inc. (NYSE: MG) is a global leader in technology-enabled industrial asset integrity and testing solutions, serving critical industries including oil & gas, aerospace & defense, power & utilities, manufacturing, and civil infrastructure. The company provides a diversified portfolio of products and services, ranging from advanced non-destructive testing and pipeline inspections to real-time condition monitoring, maintenance planning, and specialized engineering, powered by a proprietary management software suite that centralizes integrity data for predictive analytics and benchmark analysis. With a long-standing track record of innovation and deep industry expertise, MISTRAS helps clients reduce risk, extend asset life, and optimize operational performance. Learn more at www.mistrasgroup.com.

Contact:

Theresa Feraren
Senior Vice President & Chief Marketing Officer
MISTRAS Group, Inc.
marcom@mistrasgroup.com


FAQ

What services will MISTRAS Group (NYSE:MG) provide for the Hanford Vit Plant project?

MISTRAS will provide comprehensive NDT services including Radiography, Magnetic Particle Testing, Liquid Penetrant Testing, Positive Material Identification, Ultrasonic Thickness Testing, and Leak Testing.

What is the purpose of the Hanford Vit Plant Project?

The Hanford Vit Plant is designed to process and vitrify high-level radioactive waste, converting it into a stable glass form for long-term storage, as part of the U.S. Department of Energy's environmental cleanup efforts.

Who is MISTRAS Group partnering with for the Hanford Vit Plant Project?

MISTRAS Group is partnering with Bechtel to provide NDT services for the Department of Energy's Hanford Vit Plant Project.

How will the Hanford Vit Plant Project impact environmental safety?

The facility will process millions of gallons of highly radioactive liquid waste, contributing to the long-term health and safety of local communities and the environment by ensuring safe containment and disposal of radioactive waste.

What is the significance of this partnership for MISTRAS Group (NYSE:MG)?

This partnership represents a key milestone in MISTRAS' diversification strategy, expanding their capabilities into new markets while maintaining high standards of quality, safety, and regulatory compliance.
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