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Atlas Technical Consultants Stock Price, News & Analysis

ATCX NASDAQ

Company Description

Atlas Technical Consultants Inc. (ATCX), headquartered in Austin, Texas, is a leading provider of professional testing, inspection, engineering, environmental, program management, and consulting services. With a nationwide footprint and more than 3,300 employees, Atlas is dedicated to offering comprehensive solutions to clients across various sectors including transportation, commercial, water, government, education, and industrial markets. The company's core services include testing, inspecting, certifying, planning, designing, and managing diverse projects, ensuring top-notch service quality and client satisfaction.

Recently, Atlas has made significant strides in innovation by deploying Data Recon, an application-based software designed to collate structural data on a small tablet. This innovative tool reduces field time by more than 50 percent and streamlines data collection processes. Additionally, Atlas collaborated with STRUCINSPECT to implement automated, data-collection methodologies along with artificial intelligence-assisted software. This collaboration has enabled the identification, quantification, and sizing of defects, and the generation of 3D models and orthomosaic maps, giving LA Metro critical insights for optimized maintenance decisions.

As a prime consultant, Atlas secured a five-year contract with an annual $1.2-million budget to provide structural inspection services. The work includes inspecting and rating light-rail and roadway bridges, tunnels, pedestrian crossings, and retaining walls. Each structure undergoes a visual inspection, a federal 'State of Good Repair' condition rating, and recommendations for corrective repairs tailored to specific defects. Detailed inspection reports and comprehensive databases for defects, assets, and photos are also part of the service.

Atlas is committed to complying with regulatory standards, performing inspections in accordance with the Federal Transit Administration, California Public Utilities Commission, Federal Highway Administration, National Bridge Inspection Standards, American Public Transportation Association (APTA), and Metro Engineering Standards.

Atlas' achievements extend to its five-year, $12-million master agreement with the Georgia Department of Transportation (GDOT) to conduct engineering design review services. With a longstanding partnership with GDOT, Atlas has been delivering engineering design review services for over 35 years. The company will schedule and conduct field plan reviews, ensuring adherence to AASHTO and GDOT guidance documents, and oversee review responses to findings, thereby playing a crucial role in maximizing the return on investment for public transportation tax dollars.

For more information about Atlas Technical Consultants and their innovative solutions, visit their website.

Stock Performance

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Performance 1 year
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Market Cap
39.7M
Shares outstanding

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No SEC filings available for Atlas Technical Consultants.

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Frequently Asked Questions

What services does Atlas Technical Consultants provide?

Atlas offers professional testing, inspection, engineering, environmental, program management, and consulting services.

Where is Atlas Technical Consultants headquartered?

Atlas is headquartered in Austin, Texas.

What sectors does Atlas serve?

Atlas serves transportation, commercial, water, government, education, and industrial markets.

How many employees does Atlas have?

Atlas has more than 3,300 employees nationwide.

What is Data Recon?

Data Recon is an application-based software deployed by Atlas to collate structural data on a small tablet, reducing field time by over 50%.

Who did Atlas collaborate with for automated data collection?

Atlas collaborated with STRUCINSPECT to implement automated data-collection methodologies and AI-assisted software.

What recent contract has Atlas secured?

Atlas has secured a five-year, $12-million master agreement with the Georgia Department of Transportation for engineering design review services.

What standards does Atlas comply with for inspections?

Atlas complies with standards from the Federal Transit Administration, California Public Utilities Commission, Federal Highway Administration, National Bridge Inspection Standards, APTA, and Metro Engineering Standards.

What is the annual budget for Atlas' structural inspection services contract?

The annual budget for the structural inspection services contract is $1.2 million.

Where can I find more information about Atlas Technical Consultants?

More information can be found on their website at https://www.oneatlas.com.