Commonwealth's Opportunity Fund

May 20, 2025

Iridium to invest $13M to relocate Tysons HQ, add 117 jobs

Tysons-based global satellite communications company Iridium Communications will invest more than $13 million to expand its headquarters in Fairfax County and create 117 jobs, Gov. Glenn Youngkin announced Tuesday.

Nov 1, 2024

Avionics manufacturer will invest $5M on Reston office and R&D facility

CMC Electronics, a Montreal-based avionics manufacturer, will invest $5 million to establish an office and research and development facility in Reston, Gov. Glenn Youngkin announced Friday. Initially, the project will create 89 jobs, with more positions expected as operations increase, according to the governor’s office. “This creation of new high-tech jobs demonstrates the strength of [&h[...]

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