Sign In
Free Newsletter
Two VCU faculty named senior members of National Academy of Inventors
Virginia Commonwealth University announced Tuesday that two faculty members have been named as senior members of the National Academy of Inventors, an organization for inventors in academia. Srirama Rao, VCU’s vice president for research and innovation, and Everett Carpenter, a chemistry professor in the College of Humanities [...]
Va. saw slight uptick in initial jobless claims last week
More than 15,000 Virginians filed initial jobless claims last week — an increase of more than 1,800 claims from the previous week, according to the Virginia Employment Commission. “The increase in initial claims for unemployment benefits in Virginia reverses the trend of declining claims over the last two weeks,” Dominique Johnson, research associate with Old […]
Wash.-based telecomm company buys Vienna satellite tech firm
Redmond, Washington-based mobile communications company Kymeta Corp. announced Tuesday it has acquired Vienna-based satellite technology company Lepton Global Solutions LLC. Financial terms of the transaction were not disclosed. Lepton will become a wholly owned subsidiary of Kymeta under the acquisition. Founded in 2013, Lepton provides satellite communication services to intelligence agencies, special operations commands and [&helli[...]
D.C. private equity firm sells Chantilly tech firm for $827M
Washington, D.C.-based private equity firm Arlington Capital Partners announced Wednesday it has agreed to sell Chantilly-based technology contractor Centauri to Houston-based KBR Inc. (a former Halliburton subsidiary) for $827 million. The acquisition will expand KBR’s presence in the military space, defense modernization and cybersecurity sectors, according to the engineering, procurement and construction company. “KBR’s acq[...]
Virginia Tech launches COVID-19 dashboard
Virginia Tech on Wednesday launched an online dashboard that the university will use to keep track of COVID-19 test results and the number of students in on-campus isolation spaces. “Our comprehensive plan to manage the additional cases expected as the Blacksburg campus is repopulated includes close collaboration with our campus experts and community partners,” Virginia […]
11 Va. employers recognized for hiring veterans
Eleven Virginia employers received this year’s Virginia Values Veterans Awards, which were announced Wednesday during the virtual 2020 Virginia Veterans and Military Affairs Conference, which is hosted by the Virginia Chamber of Commerce in partnership with the Virginia Department of Veterans Services (VDVS) and the Virginia Veterans Services Foundation (VVSF). “Virginia is home to a […][...]
RetailData LLC names new president, CEO
Glen Allen-based RetailData LLC announced Wednesday that Jacob Blondin has been promoted to president and CEO, replacing Christopher F. Ferguson, who is retiring after more than 20 years with the company. Blondin most recently served as chief operating officer for the company, which he joined in 2015 as vice president of strateg[...]
Business optimism down among GovCon officials
Business optimism among government contractor (GovCon) officials has dropped 16% during the pandemic, according to the Gauge Report, an annual survey conducted by Dulles-based software company Unanet and New York City-based CohnReznick LLP. “These concerns and sentiments are to be expected given the current economic climate,” Kim Koster, Unanet vice president of GovCon strategy and […]
Montgomery County, Blacksburg, Christiansburg launch small business relief grants
Montgomery County and the towns of Blacksburg and Christiansburg on Wednesday launched a grant fund to support small business recovery in response to COVID-19. Eligible businesses can receive one-time grants of up to $27,500. The Small Business Recovery grant program is funded by the federal Coronavirus Aid, Relief, and Economic[...]
Chantilly company wins $76M Space Force contract modification
The U.S. Space Force has awarded Chantilly-based space systems technology company LinQuest Corp. a $76 million contract modification to support the special capabilities division at the branch’s Space and Missile Systems Center (SMC), the company announced Wednesday. “LinQuest traces its heritage of sophisticated satellite communications back to 1977,” Chris Beres, general manager of LinQuest’s space […][...]
LA-based tech company moves headquarters to Reston
Infrascale Inc., a cloud-based data protection company, announced Wednesday it has moved its headquarters from Los Angeles to Reston — where its leadership team is based. Infrascale’s C-suite leadership, including CEO Russell P. Reeder, Chief Financial Officer Rob Peterson, Chief Operating Officer Brian Kuhn and Chief People Officer Carolyn Kress, is based in Reston and have […]
Facebook opens Black business grant program
Starting Wednesday, any majority Black-owned business in the U.S. with up to 50 employees can apply for a grant through Facebook Inc.’s Black Business Grant. In June, Facebook announced it had committed $100 million in grants this year to support U.S. Black-owned businesses, creators and nonprofits. The social media giant anno[...]
