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Comscore CEO announces retirement
Reston-based media measurement and analytics company Comscore Inc. CEO and Executive Vice Chairman Bill Livek announced his retirement Monday. Livek will stay on until his successor is named and then transition to non-executive vice chairman, according to a news release from Comscore. He will keep his role on the board through m[...]
Rocket Lab USA picks Va. for rocket launch site and manufacturing facility
Rocket Lab USA Inc. has selected Wallops Island as the location for its launch site and a new manufacturing and assembly complex for its new Neutron rocket, Gov. Glenn Youngkin announced Monday. The move is expected to create as many as 250 jobs. Rocket Lab will launch Neutron from a new launch pad owned by […]
McLean satellite operator emerges from bankruptcy
McLean-based satellite operator Intelsat Corp. announced on Feb. 23 that it has emerged from its financial restructuring process nearly two years after filing for Chapter 11 bankruptcy. The company’s debt has been reduced from nearly $16 billion to $7 billion, according to a news release. Intelsat obtained $6.7 billion in new financing. The company has […]
Alarm.com to expand Fairfax HQ, create 180 jobs
Alarm.com will expand its technology research and development division at its Fairfax headquarters, investing $2.6 million and creating 180 jobs, Gov. Glenn Youngkin announced Monday. The technology company already has several hundred workers in Virginia and will create additional engineering positions within its research and de[...]
Noblis announces new CEO
Noblis Inc. President and CEO Amr ElSawy will step away in October after 15 years leading the company, the Reston-based not-for-profit federal contractor announced this week. Mile Corrigan, senior vice president of Noblis’ Federal Civilian Solutions (FCS) division, has been named executive vice president and will become pr[...]
Arlington cybersecurity firm promotes CEO
Jennifer Tisdale has been promoted to CEO of GRIMM, the Arlington-based cybersecurity firm announced Tuesday. She was previously the firm’s senior principal of cyber-physical systems security. “Having spent the last decade dedicated to the advocacy of cybersecurity research and testing, it is an honor to lead the strateg[...]
Fairfax telecom software provider acquires N.J. firm
Fairfax-based telecommunications tech provider Teoco announced Tuesday it had acquired New Jersey-based software company Software Synergy Inc. Financial terms of the transaction were not disclosed. “As we look to strengthen Teoco’s presence in the North American market, we are proud of our strategic acquisition of SSI to enh[...]
Washington Gas gifts Virginia Tech $430,000 for STEM education
Washington Gas gifted Virginia Tech $430,000 to help increase pathways into higher education in STEM disciplines, the university announced Monday. “Washington Gas is honored to partner with Virginia Tech and promote STEM education across the commonwealth of Virginia. Together, our program will help shape future generations of [...]
Volkswagen to debut electric Microbus at SXSW
Herndon-based Volkswagen Group of America announced Wednesday that it would debut its electric bus during this year’s South by Southwest (SXSW) festival, which will be held March 11-20 in Austin, Texas. Designed to recall the iconic Type 2 Microbus introduced in 1967, the ID. Buzz is Volkswagen’s second noncommercial ele[...]
ID.me to drop facial recognition requirement for government agencies
Amid concerns over privacy and data security, McLean-based tech company ID.me announced Tuesday it would drop the facial recognition requirement in its identity verification software, offering a new option to all government clients. Founded in 2010 as TroopSwap, ID.me works with 10 federal agencies, including Social Security and[...]
IRS drops plan to use Va. firm’s facial recognition tech
The Internal Revenue Service is dropping a controversial plan to require taxpayers to submit to facial recognition to access their online accounts, the agency announced Monday. McLean-based contractor ID.me was working on the facial recognition system, which the IRS had earlier said would be implemented on its website this summe[...]
DroneUp taps former NFL exec as board chair
Virginia Beach-based DroneUp LLC announced Tuesday that former NFL executive Eric Grubman is the company’s new board chairman. “Eric is incredibly respected across many business sectors for his tremendous vision, insight and passion for technology,” DroneUp CEO and founder Tom Walker said in a statement. “[...]
