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Perma-Fix and Enforcer One Announce Joint Distribution Agreement to Deliver End-to-End PFAS Foam Transition Solutions

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Perma-Fix (NASDAQ: PESI) announced a joint distribution agreement with Enforcer One to offer end-to-end PFAS foam transition solutions on Dec 4, 2025. The deal pairs Perma-Fix’s Perma-FAS™ non-incineration PFAS destruction technology with Enforcer One’s FIREBULL® fluorine-free foam concentrates and Enforcer CAFS equipment.

The companies said Perma-FAS operates in a closed system and Perma-Fix’s 1,000-gallon reactor has shown high destruction levels; the unit is reportedly fully booked into the new year. The agreement targets fire departments, airports, defense, and industrial customers replacing legacy AFFF stocks.

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Positive

  • Joint distribution agreement with Enforcer One signed
  • Perma-FAS™ 1,000-gallon PFAS reactor operational
  • Perma-FAS™ unit reported fully booked into the new year

Negative

  • No revenue, contract value, or timetable disclosed in the announcement

News Market Reaction

+4.64%
1 alert
+4.64% News Effect

On the day this news was published, PESI gained 4.64%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

PFAS destruction reactor size: 1,000-gallon
1 metrics
PFAS destruction reactor size 1,000-gallon Perma-FAS™ PFAS destruction reactor at Florida facility

Market Reality Check

Price: $14.82 Vol: Volume 76,729 is below th...
low vol
$14.82 Last Close
Volume Volume 76,729 is below the 20-day average of 123,172, suggesting subdued trading activity into this announcement. low
Technical Shares are trading above the 200-day moving average of 10.44, indicating strength versus longer-term trend ahead of this news.

Peers on Argus

PESI was down 0.77% while peers showed a mixed picture: ABAT and MEG up, ESGL sl...

PESI was down 0.77% while peers showed a mixed picture: ABAT and MEG up, ESGL slightly up, QRHC and NVRI down. Moves do not indicate a unified sector direction.

Historical Context

5 past events · Latest: Dec 04 (Positive)
Pattern 5 events
Date Event Sentiment Move Catalyst
Dec 04 Strategic partnership Positive +4.6% Joint distribution deal with Enforcer One for end-to-end PFAS foam transition.
Nov 10 Earnings update Positive +16.2% Q3 2025 results with revenue growth and significantly narrower net loss.
Oct 31 Conference call notice Neutral -2.3% Scheduling third quarter 2025 business update conference call details.
Sep 25 Industry recognition Positive +0.1% Founder honored with industry innovation award highlighting Perma-FAS™ work.
Aug 07 Earnings update Positive +0.9% Q2 2025 revenue growth and improved net loss alongside PFAS platform progress.
Pattern Detected

Recent news and earnings have generally seen share price moves align with the underlying news tone, with only one notable divergence on a conference call scheduling update.

Recent Company History

Over the last few months, Perma-Fix has combined operational progress with strategic positioning. Q2 and Q3 2025 results showed revenue growth and narrower net losses, while highlighting advances in PFAS destruction technology and backlog strength. Recognition of founder Dr. Centofanti underscored Perma-FAS™ innovation. The new Dec 4, 2025 joint distribution agreement with Enforcer One builds on this PFAS strategy by pairing Perma-FAS™ destruction capabilities with fluorine-free foams and CAFS equipment, targeting customers transitioning away from legacy AFFF stocks.

Market Pulse Summary

This announcement details a joint distribution agreement that links Perma-Fix’s Perma-FAS™ PFAS dest...
Analysis

This announcement details a joint distribution agreement that links Perma-Fix’s Perma-FAS™ PFAS destruction technology with Enforcer One’s fluorine-free foams and CAFS hardware, creating an end-to-end solution for AFFF replacement. It extends the company’s PFAS strategy highlighted in recent filings and earnings updates. Investors may focus on how fully booked capacity on the 1,000-gallon reactor converts into revenue, the pace of new contracts from airports, defense, and industrial customers, and any margin impacts from expanded product offerings.

Key Terms

per- and polyfluoroalkyl substance, pfas, aqueous film forming foams, carbon-fluorine chain, +3 more
7 terms
per- and polyfluoroalkyl substance medical
"retiring legacy Per- and polyfluoroalkyl substance (PFAS)-based aqueous film"
Per- and polyfluoroalkyl substances (PFAS) are a group of man-made chemicals used for water-, stain- and grease-resistant properties in products like nonstick coatings, firefighting foams, and textiles; they resist breaking down in the environment and the human body, earning the nickname “forever chemicals.” Investors should care because their persistence raises regulatory, legal and cleanup liabilities, can trigger product bans or recalls, and create reputational and supply-chain risks that can materially affect company costs and future earnings.
pfas medical
"PFAS-based aqueous film forming foams (AFFF) and replacing them with"
PFAS are a group of human-made chemicals used in many everyday products, such as non-stick cookware, water-repellent clothing, and food packaging, because they resist heat, water, and grease. They are often called "forever chemicals" because they do not break down easily in the environment or the human body, potentially leading to health concerns. For investors, the presence of PFAS-related risks can impact companies’ reputations, legal liabilities, and future costs.
aqueous film forming foams technical
"retiring legacy Per- and polyfluoroalkyl substance (PFAS)-based aqueous film forming foams (AFFF)"
Aqueous film forming foams are firefighting liquids that spread a thin, water-based “blanket” over burning fuel to smother flames and stop vapors, similar to covering a grease fire with a lid. They matter to investors because many formulations contain persistent chemicals that can contaminate soil and water, creating cleanup costs, legal liabilities, regulatory restrictions, and reputational risk that can affect a company’s finances and future operations.
carbon-fluorine chain medical
"high destruction levels across multiple carbon-fluorine chain types"
A carbon-fluorine chain is a string of carbon atoms whose outer bonds are occupied by fluorine, producing molecules that are unusually stable and repel water and oil — think of a tough, nonstick coating at the molecular level. Investors care because those same stubborn properties make these chemicals persistent in the environment and subject to safety rules, cleanup costs, product limits and legal exposure that can affect manufacturers, suppliers and buyers.
supercritical water oxidation technical
"over traditional options, such as incineration and supercritical water oxidation"
Supercritical water oxidation is a process that uses extremely hot and pressurized water to break down waste materials into harmless substances, such as carbon dioxide and water. It is considered an efficient and environmentally friendly method for treating hazardous waste streams. For investors, advancements or increased adoption of this technology can signal growth opportunities in waste management and environmental services sectors.
ul-listed technical
"including UL-listed formulations and climate-control blends"
UL-listed means a product has been tested and certified by Underwriters Laboratories, an independent safety and quality testing organization, to meet established safety standards. For investors, a UL listing is like a recognized safety stamp that can reduce regulatory and liability risk, help products get into retailers and markets more easily, and support sales and brand trust—factors that can affect revenue and valuation.
environmental, social and governance (esg) financial
"meet tightening regulatory and Environmental, Social and Governance (ESG) expectations"
Environmental, social and governance (ESG) refers to a set of standards that evaluate how a company manages its impact on the environment, treats people and communities, and oversees its leadership and operations. Investors use ESG factors to identify companies that are responsible, sustainable, and better positioned for long-term success, much like choosing a vehicle that is both eco-friendly, safe, and well-maintained.

AI-generated analysis. Not financial advice.

ATLANTA, Dec. 04, 2025 (GLOBE NEWSWIRE) -- Perma-Fix Environmental Services, Inc. (NASDAQ: PESI) (the “Company”) today announced a joint distribution agreement with Enforcer One, LLC (“Enforcer One”), a U.S.-based manufacturer of FIREBULL® fluorine-free firefighting agents and Enforcer® brand compressed air foam systems (CAFS).

The collaboration is designed to provide fire departments, industrial facilities, airports, defense organizations, and other high-risk sites with a complete, end-to-end solution for retiring legacy Per- and polyfluoroalkyl substance (PFAS)-based aqueous film forming foams (AFFF) and replacing them with next-generation fluorine-free foams—covering both the destruction of legacy PFAS-contaminated firefighting foam stocks and the sale of PFAS-free replacement foam concentrates and equipment.

Perma-Fix will offer Enforcer One’s FIREBULL® fluorine-free foams and Enforcer CAFS equipment to customers who manage PFAS-impacted sites and are preparing to replace AFFF inventories. In turn, Enforcer One will promote Perma-Fix’s Perma-FAS™ PFAS destruction technology as a preferred treatment option for customers requiring compliant, long-term destruction of legacy PFAS stockpiles.

“Across our municipal, industrial, agriculture, and specialty customers, demand for safe and practical ways to get out of PFAS-based foams is enormous,” said Ron Thames, President and Chief Executive Officer (CEO) of Enforcer One and developer of the Enforcer CAFS and FIREBULL® fluorine-free product lines. “By partnering with Perma-Fix, we can now pair our FIREBULL® fluorine-free foams and Enforcer® compressed air foam systems with a destruction solution that actually breaks down PFAS rather than simply shifting the liability to landfills or incinerators. Perma-Fix’s Perma-FAS™ technology has demonstrated high levels of PFAS destruction at commercial scale and stands apart from traditional approaches that either store or burn these chemicals. Together, we can help customers retire their legacy foam, reduce long-term risk, and move to cleaner, high-performance firefighting agents.”

Enforcer One’s FIREBULL® product family includes fluorine-free Class A, A/B and specialty foam concentrates, including UL-listed formulations and climate-control blends, as well as training foams, aerosol extinguishers and related agents designed to provide strong firefighting performance without added fluorinated surfactants. FIREBULL® products are formulated to support a seamless transition from AFFF while helping customers improve their environmental profile. Enforcer CAFS equipment ranges from small portable units to larger skid-mounted systems that can produce many times their water volume in finished foam, providing highly portable, efficient firefighting options for departments and industries with limited water access or specialized hazards.

“FIREBULL® and Enforcer systems are exactly the kind of next-generation firefighting technologies our customers are asking for—high performance, fluorine-free, and engineered to reduce environmental impact,” said Mark Duff, President and CEO of Perma-Fix. “By teaming with Enforcer One, we can now offer a true cradle-to-grave solution for PFAS foam: collect and destroy legacy AFFF with our Perma-FAS™ process, and replace it with proven fluorine-free foam and advanced delivery systems. This partnership aligns perfectly with our mission to provide sustainable, practical solutions for PFAS contamination while helping fire services and industrial operators meet tightening regulatory and Environmental, Social and Governance (ESG) expectations. It also represents a major step forward in our broader PFAS strategy and commercial growth objectives, reinforcing Perma-Fix’s position as the industry leader in non-incineration PFAS destruction.”

“We are seeing exceptional performance from our Perma-FAS™ technology in full-scale commercial operations,” added Dr. Louis F. Centofanti, Founder and Executive Vice President of Strategic Initiatives at Perma-Fix. “Our first destruction unit remains fully booked into the new year, treating high-concentration PFAS streams with consistently high destruction levels across multiple carbon-fluorine chain types. The ability to integrate our proven destruction capability with Enforcer One’s fluorine-free foam and CAFS solutions gives customers a technically sound, end-to-end transition path—one that improves environmental outcomes without compromising firefighting performance.”

Perma-Fix’s proprietary Perma-FAS™ technology is a patent-pending, non-incineration PFAS destruction process that operates in a closed system under relatively mild conditions. The Company’s 1,000-gallon PFAS destruction reactor at its Florida facility has demonstrated high levels of PFAS destruction across multiple carbon-fluorine chain types, treating PFAS-contaminated waste, including AFFF and other high-concentration streams. This process offers cost and operational advantages over traditional options, such as incineration and supercritical water oxidation.

Enforcer One, established in 2011, brings decades of combined firefighting and metal fabrication experience to the design and manufacture of its Enforcer CAFS units and FIREBULL® fluorine-free firefighting agents. Its solutions are used worldwide by fire departments, industrial facilities, oil and gas operators, motorsports venues, mining and chemical companies, agriculture customers, airports, defense organizations, and other customers seeking efficient, portable, and environmentally responsible fire suppression tools.

Together, Perma-Fix and Enforcer One intend to support customers through every stage of the PFAS foam transition—assessment and planning, removal and destruction of legacy AFFF stocks, and deployment of replacement fluorine-free foams and equipment—helping reduce long-term environmental liabilities while maintaining or improving firefighting performance.

About Enforcer One, LLC

Enforcer One, LLC is a U.S.-based manufacturer of advanced Enforcer® brand compressed air foam systems and FIREBULL® fluorine-free firefighting foam concentrates and wetting agents. Founded in 2011 and headquartered in Peachtree City, Georgia, with manufacturing operations in Georgia and South Carolina, Enforcer One combines extensive firefighting experience with specialized metal fabrication capabilities to deliver highly portable, high-energy compressed air foam systems and next-generation fluorine-free agents for municipal, industrial, agricultural, aviation, motorsports and other specialty applications.

For more information, please visit www.enforcerone.com.

About Perma-Fix Environmental Services

Perma-Fix Environmental Services, Inc. is a nuclear services company and leading provider of nuclear and mixed waste management services. The Company's nuclear waste services include management and treatment of radioactive and mixed waste for hospitals, research labs and institutions, federal agencies, including the U.S. Department of Energy (DOE), the U.S. Department of War (DOW), and the commercial nuclear industry. The Company’s nuclear services group provides project management, waste management, environmental restoration, decontamination and decommissioning, new build construction, and radiological protection, safety and industrial hygiene capability to our clients. The Company operates four nuclear waste treatment facilities and provides nuclear services at DOE, DOW, and commercial facilities, nationwide.

Please visit us at http://www.perma-fix.com.

This press release contains “forward-looking statements” which are based largely on the Company's expectations and are subject to various business risks and uncertainties, certain of which are beyond the Company's control. Forward-looking statements generally are identifiable by use of the words such as “believe”, “expects”, “intends”, “anticipate”, “plans to”, “estimates”, “projects”, and similar expressions. Forward-looking statements include, but are not limited to: Perma-Fix’s mission; and Perma-Fix’s PFAS strategy and commercial growth objectives. These forward-looking statements are intended to qualify for the safe harbors from liability established by the Private Securities Litigation Reform Act of 1995. While the Company believes the expectations reflected in this news release are reasonable, it can give no assurance such expectations will prove to be correct. There are a variety of factors which could cause future outcomes to differ materially from those described in this release, including, without limitation, future economic conditions; industry conditions; competitive pressures; our ability to apply and market our new technologies; acceptance of our PFAS technology by the public; the government or such other party to a contract granted to us fails to abide by or comply with the contract or to deliver waste as anticipated under the contract or terminates existing contracts; impact of federal budget, when adopted; Congress fails to provides funding for the DOD’s and DOW’s remediation projects; inability to obtain new foreign and domestic remediation contracts; and the additional factors referred to under “Risk Factors” and "Special Note Regarding Forward-Looking Statements" of our 2024 Form 10-K and Form 10-Qs for quarters ended March 31, 2025, June 30, 2025 and September 30, 2025. The Company makes no commitment to disclose any revisions to forward-looking statements, or any facts, events or circumstances after the date hereof that bear upon forward-looking statements.

Contacts:
David K. Waldman-US Investor Relations
Crescendo Communications, LLC
(212) 671-1021

Herbert Strauss- European Investor Relations
herbert@eu-ir.com
+43 316 296 316


FAQ

What did Perma-Fix (PESI) announce on December 4, 2025?

Perma-Fix announced a joint distribution agreement with Enforcer One to pair Perma-FAS™ PFAS destruction with FIREBULL® fluorine-free foams and CAFS equipment.

How does Perma-Fix’s Perma-FAS™ technology work and what scale is reported?

Perma-FAS™ is a patent-pending, non-incineration closed-system PFAS destruction process; Perma-Fix cited a 1,000-gallon destruction reactor at its Florida facility.

Which customers will the Perma-Fix and Enforcer One agreement target?

The collaboration targets fire departments, industrial sites, airports, defense organizations, and other high-risk sites replacing legacy AFFF stocks.

Will Enforcer One sell fluorine-free foam through Perma-Fix (PESI)?

Yes. Perma-Fix will offer Enforcer One’s FIREBULL® fluorine-free foam concentrates and Enforcer CAFS equipment to customers managing PFAS-impacted sites.

Does the announcement disclose commercial terms or revenue impact for PESI?

No. The press release does not disclose contract values, revenue guidance, or quantified financial impact.

What operational evidence did Perma-Fix provide about demand for Perma-FAS™?

Perma-Fix stated its first Perma-FAS™ destruction unit is fully booked into the new year and treating high-concentration PFAS streams.
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