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757 Angels will partner with VentureSouth
757 Angels, a Hampton Roads angel investment group that matches venture capitalists with local entrepreneurs, is partnering with VentureSouth, one of the largest angel investment networks in the United States. Effective in June, the partnership will provide more access to capital and investors to 757 Angels’ 140 members. Estab[...]
MGCC workforce center to offer trades training
The Mountain Gateway Community College Real Estate Foundation will renovate a downtown Buena Vista building into the Wilson Workforce Development Center, likely starting early this year. It’s named for Buena Vista philanthropist Joe Wilson, who purchased the 8,750-square-foot former car dealership at 2019 Forest Ave. for $370,[...]
Southwest Virginia could get small modular nuclear reactor
In early October, Gov. Glenn Youngkin announced his goal of developing a small modular nuclear reactor (SMR) in Southwest Virginia within 10 years, part of a plan to make the region an epicenter of energy innovation. Not long after, Youngkin said he planned to allocate $10 million to create the Virginia Power Innovation Fund, wi[...]
Caesars ups the ante on Danville casino
Since its approval by Danville voters in November 2020, plans for a casino in the city have shifted. In August 2022, Caesars Entertainment Inc. announced a partnership with the Eastern Band of Cherokee Indians (EBCI). Together, they upped the size and scope of Caesars Virginia, increasing their investment from $400 million to $[...]
AWS teaches cloud skills in Arlington
Christie Bibbs already works in the tech industry as a systems engineer, but she wanted to add cloud computing tools to her abilities. Through the Black Women in Tech Facebook group, Bibbs learned about Amazon Web Services Inc.’s new Arlington-based Skills Center and signed up for a three-part cloud practitioner course. During[...]
‘Inferiority complex’ no more
As recently as 30 years ago, few people would have imagined that Fairfax County would grow to contain one of the most robust technology ecosystems in the nation, with thousands of tech-fueled firms, fed with workers trained by some of the state’s top universities. Bruce Caswell, president and CEO of McLean-based federal tech c[...]
Oransi launches U.S.-made air purifiers from Radford
By the end of 2023, portable air purifier maker Oransi hopes to have products on the market designed and manufactured in its new Radford facility. It’s the second attempt by CEO Peter Mann to build an American-made HEPA (high energy particulate air) air purifier since founding Oransi in 2009. After initially selling China-made[...]
U.Va. leads Pentagon hypersonic project
Like a “Top Gun” fighter pilot, Christopher Goyne feels the need for speed. Goyne directs the University of Virginia’s Aerospace Research Laboratory and leads a new team developing hypersonic engines that will enable more maneuverable missiles, jets and — eventually — spacecraft via a $4.5 million Department of Defense[...]
Wholesome Foods to expand in Shenandoah County
Wholesome Foods Inc. will expand its meat processing operation in Shenandoah County by adding a new, USDA-inspected slaughter facility with a $1.2 million investment, creating 12 jobs, Gov. Glenn Youngkin announced Thursday. Nearly all the livestock used at the new facility will be sourced from Virginia farms, according to Youngkin’s office. “We are excited to […]
State industrial fund awards $24.7M to projects
The governor announced more than $24.7 million in Industrial Revitalization Fund grants going to construction projects across Virginia on Tuesday, including Danville’s White Mill, South Boston’s John Randolph Hotel and other historic properties. “The transformation of older, vacant or blighted structures into produ[...]
General Dynamics’ Electric Boat lands $5.1B submarine contract
General Dynamics Corp.’s Groton, Connecticut-based Electric Boat Corp. has received a $5.1 billion contract modification for the Columbia-class ballistic-missile submarine program, the Pentagon announced Wednesday. The contract includes missile long-lead material and missile tube manufacturing, advance procurement and cons[...]
Raytheon contracts include radar surveillance for Taiwan
Arlington County-based Raytheon Technologies Co. was awarded two large contracts this week to help sustain a foreign surveillance radar program and for the continued production and delivery of its AIM-9X Sidewinder missile, the Pentagon announced this week. Under a $412.6 million Air Force contract announced Wednesday, Raytheon will provide continued sustainment to the Taiwan Surveillance […][...]
