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DOE Energy Grants — May 09, 2026

DOE Energy Grants

By Gunpowder Editorial ·

3 total filings analysed

Executive Summary

DOE obligated $62,754,697,061 across three civilian energy grants/contracts from May 09, 2026 to May 09, 2026, with 0/3 defense-related and dominant theme of national laboratory management sustainment.

Highest-conviction bullish signals (7/10 strength, 8/10 materiality) stem from $35.3B to REGENTS OF THE UNIVERSITY OF CALIFORNIA, THE and $27.4B to LOS ALAMOS NATIONAL SECURITY LLC, signaling entrenched revenue for DOE lab operators amid energy security priorities. The smaller $36.2M award to WASEYABEK FEDERAL SERVICES, L.L.C. is neutral with fixed-price execution risks. Key watch item: Waseyabek options progress toward $80.1M ceiling and outlays beyond current $19.2M.

Materiality, sentiment, and priority are scored by Gunpowder’s analysis pipeline. How we score filings →

Tracking the trend? Catch up on the prior DOE Energy Grants digest from May 08, 2026.

Investment Signals (3)

  • REGENTS OF THE UNIVERSITY OF CALIFORNIA, THE Secures $35.3B DOE Contract (HIGH)

    REGENTS OF THE UNIVERSITY OF CALIFORNIA, THE received a $35,295,689,219 obligation from DOE, providing long-term revenue visibility for national lab operations dating to 1978-09-30.

  • LOS ALAMOS NATIONAL SECURITY LLC Wins $27.4B DOE Award (HIGH)

    LOS ALAMOS NATIONAL SECURITY LLC was awarded $27,422,768,630 by DOE, reinforcing its role in lab management since 2005-12-21 with high materiality for civilian energy infrastructure.

  • WASEYABEK FEDERAL SERVICES, L.L.C. Gains $36.2M 8(a) Set-Aside (MEDIUM)

    WASEYABEK FEDERAL SERVICES, L.L.C. secured a $36,239,211 firm-fixed-price contract (potential $80.1M with options) from DOE's National Energy Technology Laboratory for facilities support, with $19.2M outlayed to date.

Risk Flags (1)

  • Execution [HIGH RISK]

    WASEYABEK FEDERAL SERVICES, L.L.C. faces high fixed-price contract risk on $36.2M DOE award for facilities support at Morgantown site, spanning 2025-05-23 to 2027-08-31.

Opportunities (2)

  • WASEYABEK FEDERAL SERVICES, L.L.C. 8(a) competed set-aside provides revenue visibility via $36.2M base obligation with $80.1M options for DOE facilities support.

  • Ongoing DOE lab management contracts offer sustained obligations for REGENTS OF THE UNIVERSITY OF CALIFORNIA, THE ($35.3B) and LOS ALAMOS NATIONAL SECURITY LLC ($27.4B).

Sector Themes (1)

  • $62.8B aggregate ties to lab operations, with $35.3B to REGENTS OF THE UNIVERSITY OF CALIFORNIA, THE and $27.4B to LOS ALAMOS NATIONAL SECURITY LLC as core holdings despite unknown competition details.

Watch List (3)

  • 👁

    {"entity"=>"WASEYABEK FEDERAL SERVICES, L.L.C.", "reason"=>"$36.2M DOE contract with high fixed-price risk and $80.1M options potential; $19.2M outlayed.", "trigger"=>"options exercise, outlay increases, 2027-08-31 performance end"}

  • 👁

    {"entity"=>"REGENTS OF THE UNIVERSITY OF CALIFORNIA, THE", "reason"=>"$35.3B DOE obligation signals entrenched lab role.", "trigger"=>"budget cycle renewal post-1978 base period"}

  • 👁

    {"entity"=>"LOS ALAMOS NATIONAL SECURITY LLC", "reason"=>"$27.4B DOE award underscores lab management durability.", "trigger"=>"budget cycle renewal post-2005 base"}

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