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Richmond tech company to add 30+ jobs
Shockoe, a Richmond-based technology company that builds apps and other tech products for client companies, will expand to create more than 30 jobs, Richmond’s mayor announced Thursday. Headquartered in the Scott’s Addition neighborhood, Shockoe was founded in 2010 by Edwin Huertas and has been featured in the Inc. 5000 list of fastest-growing privately held companies, […]
Google to invest $300M in Va., announces workforce grant
Google will invest $300 million in Virginia in a plan that includes data centers, the technology giant announced Tuesday during a press conference at its Reston office. That’s in addition to a $250,000 grant to Richmond-based nonprofit CodeVA to develop a network of computer science lab schools to expand professional devel[...]
Ellucian closes acquisition of CampusLogic
Reston-based higher education software company Ellucian Inc. has completed its acquisition of Chandler, Arizona-based financial aid software provider CampusLogic Inc, Ellucian announced Tuesday. The deal was first announced in January. Financial details were not disclosed. Campus Logic is a software-as-a-service (SaaS) company that provides financial aid tools and platforms for colleges and universities. It supports […][...]
Reston-based Babel Street names new CEO, CFO
Reston-based Babel Street Inc., a web and social media monitoring company, has named a new CEO and chief financial officer, according to a news release. Michael Southworth succeeds Babel Street founder and CEO Jeff Chapman, who has been named vice chairman of the company’s board of directors. Brian Daum has joined the com[...]
Mark Esper joins Tysons venture capital firm
Mark Esper, who led the Pentagon from 2019 to 2020, has joined Tysons-based incubation and venture capital firm Red Cell Partners LLC as a partner and chair of its national security practice, according to a news release. Esper will lead Red Cell’s investment activities in cyber, defense, security, international affairs, sp[...]
Comcast taps Comscore’s measurement tools
Comcast Cable’s ad sales arm will begin offering Reston-based Comscore Inc. media measurement and analytics tools as an alternative to the Nielsen ratings system, Comscore announced this week. Effectv, which sells ads in 66 markets for Comcast Cable, will use Comscore’s impression-based measurement product with its local adv[...]
Va. Tech to lead cybersecurity workforce initiative
Virginia Tech has received a $1.5 million award to lead an initiative that could help close a gap in the cybersecurity workforce. The award, announced April 5, comes from the nonprofit Griffiss Institute, a New York-based STEM and defense technology incubator that runs the Department of Defense’s Virtual Institutes for Cyb[...]
Fluence to acquire renewable energy SaaS company
Arlington-based energy storage and digital application company Fluence Energy Inc. announced Monday that it has entered into an agreement to acquire Nispera AG. Nispera is a Zurich-based artificial intelligence and machine learning-enabled software-as-a-service company that targets the renewable energy sector. It helps clients m[...]
Northrop Grumman awarded nearly $200M in DOD contracts
Falls Church-based Fortune 500 defense contractor Northrop Grumman Corp. has been awarded two contracts worth nearly $200 million to complete projects for the Navy, according to a March 31 Department of Defense announcement. One contract, worth more than $98 million, calls for providing materials, including sensors, assemblies and battery kits to support the Navy’s Large […]
Intelsat donates space artifact to Smithsonian
McLean-based satellite operator Intelsat Corp. has donated the launch backup of the first commercial communications satellite in geosynchronous orbit to the Smithsonian’s National Air and Space Museum. The company donated the ground spare of the Intelsat 1 satellite, also known as Early Bird. Intelsat 1 was launched on April 6[...]
Former deputy defense secretary named to lead NDIA
Former Deputy Secretary of Defense David Norquist will serve as the next president and CEO of the National Defense Industrial Association. An Arlington-based national security industry association, the NDIA on Thursday announced Norquist’s new position, which he will start May 1. Norquist has more than 30 years of experien[...]
NASA orders more space missions from Northrop Grumman
NASA has ordered 12 more resupply missions to the International Space Station, six of which have been placed with Falls Church-based Northrop Grumman, the space agency announced March 25. Another six missions are from Elon Musk’s California-based SpaceX. According to NASA’s announcement, the missions, part of its Com[...]
