ATS Provides Innovative Nuclear Decommissioning Solution to Holtec International

CAMBRIDGE, ON, Feb. 12, 2021 /CNW/ - ATS Automation Tooling Systems Inc. (TSX: ATA) ("ATS" or the "Company"), an industry-leading automation solutions provider, today provided an update on its innovative nuclear decommissioning program for Holtec International, a diversified energy technology company and new ATS customer. The Order Booking was received in ATS' third quarter of fiscal 2021 and is expected to be delivered over the next 9 months.

ATS' scope of work includes the design, build and test of specialized tooling equipment to support the decommissioning of retired nuclear plants in Holtec's U.S. based fleet. The equipment is critical to the safe and efficient decommissioning of a nuclear power plant and will be tested underwater at ATS' full-scale mock-up test facility. Included in the Order Booking is customer training in the use of these sophisticated tools.

"This highly strategic program for an industry leader in nuclear decommissioning builds on our decades-long track record in providing automated systems for safely dismantling reactors," said Andrew Hider, CEO of ATS. "We look forward to delivering this important project and building our nuclear decommissioning business in the United States and globally," added Narinder Bains, General Manager at ATS Industrial Automation.

"We pride ourselves on being A Generation Ahead by Design, which in practical terms means meeting the emerging needs of the energy industry through innovation," said PK Chaudhary, Holtec's Senior Vice President of Operations. "One of those needs is decommissioning, which is a sophisticated and time-consuming activity requiring the best people, planning, processes and equipment. We chose ATS to assist us because of their demonstrated nuclear industry expertise and technology, and their ability to develop a low-risk, innovative and modular solution."

About ATS
ATS is an industry-leading automation solutions provider to many of the world's most successful companies. ATS uses its extensive knowledge base and global capabilities in custom automation, repeat automation, automation products and value-added services, including pre-automation and after-sales services, to address the sophisticated manufacturing automation systems and service needs of multinational customers in markets such as life sciences, chemicals, consumer products, electronics, food, beverage, transportation, energy, and oil and gas. Founded in 1978, ATS employs approximately 4,200 people at 20 manufacturing facilities and over 50 offices in North America, Europe, Southeast Asia and China. The Company's shares are traded on the Toronto Stock Exchange under the symbol ATA. Visit the Company's website at www.atsautomation.com.

About Holtec International
Holtec International is a privately held technology company with operation centers in Florida, New Jersey, Ohio and Pennsylvania in the U.S., and globally in Brazil, Canada, India, Japan, Mexico, South Africa, Spain, U.K. and Ukraine. Holtec has played a preeminent role since the 1980s by expanding wet spent fuel storage capacity at over 110 reactor units in the U.S. and abroad. Over 130 nuclear units worldwide rely on Holtec's technology for spent fuel storage and transportation. Holtec develops and implements innovative solutions to overcome technical challenges faced by its clients around the world. HI-STORE, the world's first below-ground Consolidated Interim Storage Facility, is currently undergoing licensing in New Mexico. Holtec's SMR-160, a 160-Megawatt small modular reactor, will provide safe, secure, dependable, affordable and carbon-free power even in the world's most arid regions. Holtec is also a major supplier of special-purpose pressure vessels and critical-service heat exchange equipment such as air-cooled condensers, steam generators, feedwater heaters, and water-cooled condensers. As a fully integrated supplier, Holtec possesses in-house capabilities to design, engineer, analyze, license, fabricate and construct these technologies. Please visit www.holtecinternational.com.

For further information:
Shereen Zahawi, Director Investor Relations, (519) 653-6500, szahawi@atsautomation.com