Copyright © 2018 Albuquerque Journal
Look behind the curtain at most National Nuclear Security Administration projects and facilities nationwide, and chances are a technical expert from Los Alamos-based TechSource Inc. will be there providing critical support services.
At any given time, the company employs nearly 200 technical and management experts in support roles at government sites and commercial and university projects across the country. It maintains a 500-member team of top-notch, on-call nuclear scientists, engineers and project managers to rapidly staff up more projects as needed.
The company’s growing reputation as the premier go-to source for technical support in nuclear-related science, engineering, policy, management and systems design and analysis has paved the way for rapid company growth, earning it recurring spots on the Flying 40 list of fast-growing technology firms.
This year, it ranked fourth among the 10 fastest-growing companies after expanding its revenue by 195 percent over the past five years, from $11.9 million in 2013 to $35.2 million in 2017.
It now boasts a full-time workforce of 148 people, up from just 14 in 2013. It generally augments that full-time team with an additional 25 to 50 more contract personnel each year, drawn from its broad cadre of on-call staff.
This year marks TechSource’s sixth time on the Flying 40. And the company projects a lot more growth over the next two to three years.
It just completed an internal overhaul of management staff, hiring a new chief operating officer to help guide the company forward, TechSource CEO Brian D’Andrea said.
“Concluding the reorganization was a capstone event for us to better manage our current growth and future expansion,” D’Andrea said. “Our plan calls for modest growth of about 10 percent this year before moving to $50 or $60 million in annual revenue over the next three years. That’s what we envision.”
Two retired national laboratory scientists started TechSource in 1997, originally to retain some of the national nuclear expertise built up over the previous 30 years as the country turned to new generations to navigate the post-Cold War world.
“They (the founders) saw a huge brain drain,” D’Andrea said. “They started the company to retain those critical skills involved in high-tech nuclear science and engineering.”
Over the years, TechSource recruited aging talent from the entire nuclear life cycle, including top management personnel and systems engineers.
“That includes former directors and deputy directors from the national laboratory system, former government agency leaders, and knowledge people,” D’Andrea said. “They’re the ones who bear the scars of managing it all.”
By the mid-2000s, the NNSA hired TechSource to staff, and sometimes lead, independent reviews of its projects nationwide. That led in 2010 to an ongoing contract as team leader for all NNSA spending on technical support staff.
“That’s become our engine for rapid revenue growth over the last seven years,” D’Andrea said.
The company also continues to expand its contracts with a range of commercial, university and government agencies, including the U.S. Departments of Energy and Defense.