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NoVa tech companies selected for $159 million Air Force contract
Vienna-based information technology company MicroTechnologies LLC and Reston-based Agile Defense Inc. have been awarded a $159 million Air Force contract to provide communications support, the companies announced Thursday. The task order was awarded by the U.S. Air Forces Central Command (AFCENT) Combined Air and Space Operations Center (CAOC). “We look forward to working alongside Agile […][...]
Reston-based IndraSoft promotes exec to chief growth officer
Reston-based software company IndraSoft Inc. promoted John Luongo to chief growth officer, the company announced Thursday. Luongo joined the company in 2018 and was the vice president of growth and strategy. In his previous role and new role, he will focus on business development and corporate strategy. Before his time at IndraS[...]
VCU receives $2.5M grant to extend battery life development
Virginia Commonwealth University researchers will receive a $2.5 million research grant from the U.S. Department of Energy (DOE) to develop long-lasting rechargeable batteries, the university announced Thursday. VCU researchers believe they can significantly extend battery life, drive down costs and reduce safety risks by redesi[...]
VHDA gives Alexandria apartment complex $83M mortgage loan
The Virginia Housing Development Authority has given a nearly $83 million mortgage loan to Parkstone Alexandria, an apartment community near Amazon.com Inc.’s incoming HQ2, to support its conversion to affordable housing, Gov. Ralph Northam announced Thursday. The loan is in addition to a $5 million VHDA grant announced earlier. Last month, the Alexandria Housing Development […]
Virginia IT consulting company moves headquarters
Information technology consulting company OneGlobe LLC has moved its headquarters from Ashburn to Reston, the company announced Thursday. The headquarters merges the Ashburn and previous Reston locations. Financial terms were not disclosed. The new headquarters is located in the Parkridge Center complex at 10740 Parkridge Blvd. located directly adjacent to Interstate 66. The company was […][...]
State commissions firm to conduct disparity study in procurement
The state will commission a Denver-based firm to conduct the first disparity study on procurement opportunities for women- and minority-owned businesses since 2011, Gov. Ralph Northam announced Thursday. The report is expected to be completed in December. The Department of Small Business and Supplier Diversity (SBSD) selected market research company BBC Research and Consulting to […]
Dominion to build yet another solar facility for Facebook
Dominion Energy Inc. will build a solar facility in Greensville County — its eighth facility to be dedicated to Facebook Inc., the company announced Thursday. The Virginia State Corporation Commission approved the 100-megawatt project, Sadler Solar, on Jan. 22, and the facility is expected to be operational by the end of this year. Dominion will […]
Arlington cybersecurity firm to move headquarters to Stafford County
Arlington-based cybersecurity engineering and consulting firm GRIMM (SMFS Inc.) will invest $435,000 to establish its corporate headquarters in Stafford County, Gov. Ralph Northam announced Thursday. The expansion is expected to create 23 jobs. GRIMM provides products and services including cybersecurity tools, sensors, analytics, frameworks, automated testing and consulting. “Strong cybersecurity defenses are increasingly important[...]
Two Ashburn office buildings sell for $46.5M
Two Ashburn office buildings sold for $46.5 million, New York City-based real estate company Newmark Knight Frank announced Tuesday. The buildings at 20130 and 20135 Lakeview Center Plaza are Class A buildings and were purchased by New York City-based investment management company Innovatus Capital Partners. The buildings total [...]
Real estate firm Edge names partners for multifamily capital markets group
Rockville, Maryland-based commercial real estate firm Edge — which has an office in Tysons — named Ryan Ogden and Jared Emery as partners to found the company’s multifamily capital markets group, the firm announced Tuesday. The division will be located at the firm’s Washington, D.C. office. Ogden most recently was senior managing director at the New York […]
Spaceflight Industries sells satellite rideshare business to Japan-based companies
Seattle-based Spaceflight Industries Inc. — which has a Herndon location — has sold its satellite rideshare business Spaceflight Inc. to Tokyo-based Mitsui & Co. Ltd. and Chiba, Japan-based Yamasa Co. Ltd., the company announced Tuesday. Financial terms of the sale were not disclosed, but the parent company, Spaceflight Industries, will use the capital from the […]
Smithfield Foods announces RedWhiteandCool program to hire vets
Smithfield Foods Inc. and the Refrigerating Engineers and Technicians Association (RETA) on Tuesday announced RedWhiteandCool — an initiative to recruit, train and hire transitioning military veterans into the refrigeration industry as refrigeration technicians. Smithfield Foods is a founding sponsor of the program. “There is a shortage of skilled labor in our country and the commercial […][...]
