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Virginia Chamber releases blueprint for reopening
The Virginia Chamber of Commerce on Wednesday released its “Blueprint for Getting Virginians Back to Work” plan, which provides reopening guidance to businesses and policymakers. “As our government and business leaders consider how to best recover from the COVID-19 pandemic, it is important that they have the guidance to ensure consumer confidence and worker safety,” […]
Axios to cover bail, medical bills for employee protesters
Arlington County-based digital media company Axios distributed a companywide email stating that it would cover bail or medical bills for employees who have participated in recent protests associated with the police killing of George Floyd, The New York Times first reported Tuesday. “First, let me say we proudly support and encourage you to exercise your […]
UK software company buys Chesterfield’s Mapcom Systems
Chesterfield County-based telecommunications software company Mapcom Systems announced Tuesday that it has been acquired by United Kingdom-based geographic software company VertiGIS. Financial terms of the transaction were not disclosed. “Mapcom’s customer-centric approach to digitalizing processes and solving challenges with location technology matches well with ours,” VertiGIS President and CEO Richard Wiegmann said in a sta[...]
McLean defense contractor buys Reston software company
McLean-based defense contractor E3/Sentinel LLC announced Monday it has acquired Reston-based Lucid Perspectives, a software and systems engineering company. This is E3/Sentinel’s fifth acquisition in the past two years. Financial terms of the transaction were not disclosed. E3/Sentinel acquired Data Works in August 2019, and under this acquisition, Lucid’s operations will be combined with Data […][...]
Babel Street gains AI, machine learning capabilities
Reston-based Babel Street Inc., a web and social media monitoring company, announced Monday it has acquired the intellectual property assets of Overland Park, Kansas-based Dunami, an artificial intelligence and machine learning analysis company. Financial terms of the transaction were not disclosed. Babel Street acquired Dunami’s AI and machine learning assets, which automatically illustrate relationships between […][...]
Orbital Sciences Corp. wins $187M NASA contract
Dulles-based Orbital Sciences Corp., a subsidiary of Northrop Grumman Corp., has been awarded a $187 million NASA contract to design living quarters for the Lunar Gateway mini space station. The Habitation and Logistics Outpost (HALO) design will be inspired by Northrop Grumman’s Cygnus spacecraft, which delivers supplies, e[...]
Virginia places 20-day moratorium on evictions
With almost 400,000 Virginians still unemployed due to the COVID-19 pandemic’s economic fallout, Gov. Ralph Northam has announced a temporary statewide moratorium on eviction proceedings in the commonwealth, to remain in effect through June 28. Granted by an order from Virginia Supreme Court Chief Justice Donald Lemons, the moratorium will pause evictions will the Northam […]
Weekly COVID-19 cases down
Virginia saw 5,853 new confirmed and probable COVID-19 cases over the last seven days, down from 7,671 new cases the prior week. The state had 85 new deaths from the coronavirus, down significantly from the week ending June 1, when 184 Virginians died from COVID-19. The state’s COVID-19 case count stands at 51,251, with 1,[...]
Chesapeake shopping center sells for $13.6M
The Gainsborough Square shopping center in Chesapeake sold on June 2 for $13.6 million, according to city property records. Virginia Beach-based Armada Hoffler Properties Inc. (which declined to state the sales price) sold the 88,862-square-foot property to Slate Asset Management, according to a June 3 announcement from Collie[...]
Charlottesville energy companies move toward merger
Charlottesville-based energy company Tiger Fuel Co. announced Friday it has acquired 40% of the shares of Altenergy Inc., which is also based in Charlottesville — a first step in the acquisition of Altenergy to be completed in March 2021. “Altenergy and Tiger share a common commitment to doing the right thing for our customers, our […]
Colonial Williamsburg to reopen on limited basis June 14
The Colonial Williamsburg Foundation announced Friday that it will open for limited public programming at some of its historic sites on June 14 while the state moves into Phase 2 of Gov. Ralph Northam’s “Forward Virginia” plan. “We are eager to welcome employees and guests back to Colonial Williamsburg, but reopening our[...]
Altria to donate $5M to social justice nonprofits, businesses
Henrico County-based Fortune 500 tobacco manufacturer Altria Group Inc. announced Friday that it will donate $5 million to national and local organizations that address systematic racism and small businesses that have been affected by vandalism associated with recent protests and rioting. “These are difficult times, and we must find ways to embrace our differences, address […]
