Cache Environmental Laboratories, P.C. Market Research Report

Background

Company Overview

Cache Environmental Laboratories, P.C. (CEL) is a full-service engineering and technology firm specializing in environmental regulatory compliance consulting. Established in 1994, CEL offers services in air quality, drinking water, municipal wastewater, biosolids beneficial use, and hazardous waste management programs. The company is headquartered in Logan, Utah, with an additional office in Layton, Utah.

Mission and Vision

CEL's mission is to provide comprehensive environmental consulting services that ensure regulatory compliance and promote sustainable practices across various industries. The company's vision is to be a leading provider of innovative solutions in environmental risk management and engineering consulting.

Primary Area of Focus

CEL focuses on environmental regulatory compliance consulting, offering services that include data collection activities, professional certification training, and the development of computer-based tools for environmental and public health decision-making.

Industry Significance

Operating within the environmental consulting industry, CEL plays a crucial role in assisting organizations to meet regulatory requirements and implement sustainable environmental practices. The company serves a diverse clientele, including federal, state, and local governments, as well as private industry sectors.

Key Strategic Focus

Core Objectives

Ensure environmental regulatory compliance for clients across various sectors.

Develop and implement sustainable environmental practices.

Provide professional certification training to enhance industry standards.

Specific Areas of Specialization

Air quality management.

Drinking water treatment and distribution.

Municipal wastewater treatment.

Biosolids beneficial use.

Hazardous waste management.

Key Technologies Utilized

Environmental data collection and analysis tools.

Computer-based training modules for professional certification.

Environmental risk assessment software.

Primary Markets Targeted

Federal, state, and local government agencies.

Private industry sectors requiring environmental compliance.

Financials and Funding

Funding History

CEL has secured funding through various channels, including federal grants and contracts. Notably, the company received a Phase II Small Business Innovation Research (SBIR) award from the U.S. Air Force in 2019, amounting to $2,041,418, for a project titled "Chemical Treatment of Metal Finishing Industrial Wastes and Wastewaters in the Presence of Chelating Substances." In 2023, CEL was awarded a Phase I SBIR grant from the U.S. Department of Agriculture, totaling $174,049, for the development of a portable, biochar-based electrochemical PFAS sensing device to protect rural water resources.

Total Funds Raised

The total funds raised by CEL amount to $2,215,467, comprising $2,041,418 from the 2019 Phase II SBIR award and $174,049 from the 2023 Phase I SBIR grant.

Notable Investors

Investors include the U.S. Air Force and the U.S. Department of Agriculture, reflecting CEL's engagement with federal agencies to advance environmental technologies.

Intended Utilization of Capital

The capital raised is intended to support the development and commercialization of innovative environmental technologies, including chemical treatment solutions for industrial wastes and PFAS sensing devices for water quality monitoring.

Pipeline Development

Key Pipeline Candidates

Chemical Treatment Solutions: Development of chemical treatments for metal finishing industrial wastes and wastewaters, particularly in the presence of chelating substances.

PFAS Sensing Devices: Creation of portable, biochar-based electrochemical devices for detecting per- and polyfluoroalkyl substances (PFAS) in water resources.

Stages of Development

Chemical Treatment Solutions: Completed Phase II SBIR project in 2019; seeking commercialization opportunities.

PFAS Sensing Devices: Ongoing development supported by the 2023 Phase I SBIR grant.

Target Conditions

Chemical Treatment Solutions: Industrial wastewaters containing metal finishing residues and chelating agents.

PFAS Sensing Devices: Detection of PFAS compounds in rural water resources to ensure safe drinking water.

Anticipated Milestones

Chemical Treatment Solutions: Pilot testing and scaling for industrial applications.

PFAS Sensing Devices: Prototype development and field testing in rural water systems.

Technological Platform and Innovation

Proprietary Technologies

Chemical Treatment Processes: Innovative methods for treating industrial wastewaters with chelating substances.

PFAS Detection Devices: Biochar-based electrochemical sensors for PFAS detection in water.

Significant Scientific Methods

Chemical Engineering Techniques: Utilization of chemical treatments to neutralize hazardous substances in wastewaters.

Electrochemical Sensing: Application of biochar materials in electrochemical sensors for environmental monitoring.

Leadership Team

Key Executives

Michael McFarland: President of Cache Environmental Laboratories, P.C.

Isabel Odongo: Executive team member at Cache Environmental Laboratories, P.C.

Professional Backgrounds

Michael McFarland: Extensive experience in environmental consulting and project management.

Isabel Odongo: Background in environmental engineering and regulatory compliance.

Key Contributions

Michael McFarland: Leadership in securing federal grants and overseeing project development.

Isabel Odongo: Involvement in technical development and implementation of environmental technologies.

Competitor Profile

Market Insights and Dynamics

The environmental consulting industry is characterized by a fragmented market with numerous small to medium-sized firms. Larger firms dominate the market share, but there is significant opportunity for specialized companies like CEL to offer tailored solutions.

Competitor Analysis

SunStar Laboratories: Provides environmental analytical testing services for soil, water, and air samples.

Envision Laboratories: Specializes in environmental testing and research and development services.

Xenco Laboratories: Offers quality analytical testing services in environmental consulting.

Strategic Collaborations and Partnerships

CEL has engaged in partnerships with federal agencies, such as the U.S. Air Force and the U.S. Department of Agriculture, to develop and commercialize environmental technologies.

Operational Insights

CEL differentiates itself through its specialized focus on environmental regulatory compliance and the development of innovative technologies for environmental monitoring and waste treatment.

Strategic Opportunities and Future Directions

CEL aims to expand its market presence by commercializing its developed technologies, such as the PFAS sensing devices, and by continuing to provide specialized consulting services to meet evolving environmental regulations.