GETWAB

02 / Market Size

How large is the NAICS 212290 federal market?

Net obligations$85.21M
Contract actions21
Vendors9
Federal customers4
Contracting offices4
Average action$4.06M
Largest action$18.47M
Data coverageFY 2019–FY 2025

03 / Spending Trend

NAICS 212290 contract spending by fiscal year

Annual obligations, activity, and participation across the same FY 2019–FY 2025 profile window.

Latest closed fiscal year$392.4K
FY 2025
Fiscal yearObligationsActionsVendorsCustomersChange
FY 2019$0000
FY 2020$0000
FY 2021$0000
FY 2022$0000
FY 2023$82.33M1472
FY 2024$2.48M322−97.0%
FY 2025$392.4K433−84.2%

04 / Top Federal Customers

Which federal agencies buy most in this industry?

Ranked by net obligations during FY 2019–FY 2025.

Federal customerCodeObligationsActionsVendorsMarket share
ENERGY, DEPARTMENT OF8900$82.32M16696.6%
NATIONAL AERONAUTICS AND SPACE ADMINISTRATION8000$2.48M312.9%
DEFENSE ADVANCED RESEARCH PROJECTS AGENCY (DARPA)97AE$392.4K110.5%
STATE, DEPARTMENT OF1900$10.1K110.0%

05 / Contracting Offices

Which contracting offices buy in NAICS 212290?

Ranked by net obligations during FY 2019–FY 2025.

06 / Top Vendors

Which contractors lead the NAICS 212290 market?

VendorObligationsActionsCustomersMarket shareLatest activity
ENERGY FUELS HOLDINGS CORP.$18.47M3121.7%Jan 16, 2023
STRATA ENERGY, INC.$18.00M2121.1%Jan 16, 2023
URANIUM ENERGY CORP.$17.85M2120.9%Jan 16, 2023
CONVERDYN, GP$14.50M5117.0%Apr 7, 2025
URI INC$7.05M218.3%Jan 16, 2023
LOST CREEK ISR LLC$6.45M217.6%Jan 16, 2023
MATERION BRUSH INC$2.48M312.9%Sep 30, 2025
ALTA RESOURCE TECHNOLOGIES INC$392.4K110.5%Jan 16, 2025
FEDERAL ONE SUPPLIES LLC$10.1K110.0%Jul 27, 2023

07 / Product and Service Mix

What products and services are purchased under NAICS 212290?

PSCDescriptionObligationsActionsVendorsShare
3820MINING, ROCK DRILLING, EARTH BORING, AND RELATED EQUIPMENT$82.32M16696.6%
9610ORES$2.48M312.9%
B541SPECIAL STUDIES/ANALYSIS- DEFENSE$392.4K110.5%
3450MACHINE TOOLS, PORTABLE$10.1K110.0%

08 / Buying Pattern

How does the government buy in NAICS 212290?

Not competed under SAP52.4%11 actions
Not available for competition38.1%8 actions
Competed under SAP9.5%2 actions
Other than small business share100.0%$85.21M
Common action typeObligationsActions
DEFINITIVE CONTRACT$85.20M20
PURCHASE ORDER$10.1K1

09 / Recent Contract Awards

What was awarded most recently in NAICS 212290?

10 / Market Interpretation

How should contractors evaluate this market?

01

Start with the spending direction

Compare annual obligations with actions and vendor participation. Growth driven by only a few large actions represents a different opportunity from broad, recurring demand.

02

Follow the actual buyers

Move from federal customers to contracting offices. Offices reveal where acquisition responsibility and recurring purchasing activity are concentrated.

03

Measure accessible demand

Use competition, small-business participation, incumbent vendors, and PSC mix before treating the full $85.21M market as addressable.