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Electra announces new CFO
Electra.aero, a Manassas-based aviation startup, announced Tuesday that Max Ochoa has joined the company as chief financial officer.
PAX acquires Manassas restoration company
Maryland-based roofing and exterior services company PAX Services Group announced Tuesday that it acquired Culbertson Co. — a Manassas-based limited liability company that provides commercial restoration, roofing and masonry services in the Mid-Atlantic region.
Electra raises $115M to build ultra-short aircraft
Manassas-based aviation startup Electra.aero announced Monday it has secured $115 million in Series B funding to enter pre-production and certification phase of its EL9 model, a hybrid ultra-short aircraft that can take off and land in 150 feet. The round was led by Prysm Capital, a New Jersey-headquartered growth equity firm. Prysm’s co-founder and managing […]
Take a look inside George Mason’s high-tech science and engineering labs
In a third-floor lab at George Mason University’s new, $107 million Life Sciences and Engineering Building in Manassas, students will dissect and study the effects of decomposition on human remains. A few floors away, their peers may dangle from harnesses while wearing sensors to research gaits while others test fly an autonomous blimp in a […]
Amazon Fresh, Arlington nonprofit to lay off 200+ workers in Northern Virginia
An Amazon Fresh store in Manassas is closing, and an Arlington County nonprofit is laying off 149 employees due to federal funding cuts, the two employers disclosed in WARN notices to a state agency this week. The Virginia Department of Workforce Development and Advancement, aka Virginia Works, posts federal Worker Adjustment and Retraining (WARN) Act […]
Iron Mountain plans $1B data center campus in Henrico
Boston-based Iron Mountain has acquired a 66-acre site in Henrico County with plans for a major data center campus, the Greater Richmond Partnership announced Tuesday. Henrico Economic Development Authority Executive Director Anthony Romanello says Iron Mountain’s campus in White Oak Technology Park will house four data center buildings covering more than 1 million square feet. […]
Micron to invest $2.17B in Manassas expansion
Semiconductor company Micron Technology will invest up to $2.17 billion to expand its Manassas manufacturing facility, creating an expected 340 jobs, Gov. Glenn Youngkin announced Monday. Micron will modernize the plant at 9600 Godwin Drive to produce dynamic random-access memory (DRAM) chips for automotive, aerospace, defense and industrial markets, according to a news release from […]
Micron gets $275M in federal funding for Manassas expansion
Micron Technology is set to receive up to $275 million in federal funding to expand its manufacturing plant in Manassas, U.S. Sens. Mark Warner and Tim Kaine announced Tuesday. The U.S. Department of Commerce has signed a preliminary, nonbinding agreement for the funding as part of the 2022 CHIPS and Science Act, legislation Warner co-wrote. […]
Pharma company invests $1.5M on Prince William expansion
Pharmaceutical manufacturer Granules Consumer Health, a subsidiary of Granules India, will invest $1.5 million into expanding its operations in Prince William County, Gov. Glenn Youngkin announced Monday. The company plans to install new manufacturing lines at its existing Manassas facility, with an aim of creating nearly 100 new jobs. “Granules’ decision to expand their operations [&h[...]
Electra.aero names new CEO
Electra.aero has named B. Marc Allen its new CEO, succeeding founder John S. Langford, who will remain chairman, the Manassas-based aviation startup announced Thursday. Allen spent the bulk of his career, nearly two decades, at Boeing, which is headquartered in Arlington County. Since 2020, he served as chief strategy officer and senior vice president for […]
Micron expects to expand Manassas facility soon
Bolstered by hundreds of millions of dollars in state and federal funding, semiconductor manufacturing in Northern Virginia soon will be expanding. In May, Idaho-based Micron Technology applied for federal funding through the 2022 CHIPS and Science Act, which allocated more than $52 billion in subsidies for domestic companies researching and manufacturing semiconductors, to expand its […]
Electra aircraft backlog hits $8B
Manassas-based aviation startup Electra.aero has surpassed 2,000 orders for the electric short takeoff and landing (eSTOL) aircraft it’s developing, totaling an $8 billion backlog, the company announced Tuesday. Electra signed a letter of intent in December 2023 to deliver its blown-lift, fixed-wing eSTOL aircraft to Finnish regional private air carrier startup Lygg, followed by similar [&he[...]
