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Mayor: Richmond may not join Phase One reopening unless state provides more support
Update, May 14 at 6:15 p.m.: Gov. Ralph Northam announced that the city of Richmond and Accomack County will delay Phase One of the reopening plan by two weeks, joining localities in Northern Virginia. Earlier: Richmond Mayor Levar Stoney has said that the city may not join Gov. Ralph Northam’s Phase One reopening plan on[...]
Va. Beach property management firm names director
Virginia Beach-based property management firm The Lawson Cos. announced Wednesday that David Carneal will be its director of property management. He will be responsible for management of the company’s portfolio of more than 5,500 units and will oversee the company’s six regional property managers. Carneal was most re[...]
Vienna-based OnLocation Inc. acquired by KeyLogic Systems
Vienna-based OnLocation Inc. has been acquired by KeyLogic Systems Inc., a subsidiary of McLean-based IIA Technologies Corp., the companies announced Wednesday. Financial terms of the transaction were not released. KeyLogic Systems is a Morgantown, West Virginia-based company that provides energy, data and power grid services to government agencies. OnLocation is an information and analytics company […][...]
Alphabet invests in Herndon cybersecurity startup
Herndon-based cybersecurity startup Expel announced Wednesday it received $50 million in Series D Round venture capital funding. CapitalG, the growth fund of Google LLC’s parent company Alphabet Inc., led the round. CapitalG General Partner Gene Frantz will also join Expel’s board of directors. Battery Ventures, Greycroft, Index Ventures, Paladin Capital Group and Scale Venture Partners […][...]
U.Va. research to inform COVID-19 drug treatment
The University of Virginia School of Medicine announced Tuesday that results from a 2019 U.Va. study are being used to inform a national study looking into the effectiveness of the antidepressant medication fluvoxamine as a potential treatment for COVID-19. Researchers at Washington University School of Medicine in St. Louis say the drug may prevent dangerous […]
Excella wins $20B federal contract for IT services
Arlington-based software and information technology management company Excella announced Wednesday it was awarded a contract worth up to $20 billion from the National Institutes of Health Information Technology Acquisition and Assessment Center (NITAAC). “We pride ourselves on our industry-leading expertise in modernizing IT across the federal government,” Excella co-founder and CEO Burton White said in […][...]
Richmond pharmaceutical company expands into Canada
Richmond-based pharmaceutical company Kaléo announced Wednesday it is expanding its market to Canada, offering its epinephrine auto-injector Allerject. The product used to treat severe allergic reactions will be available in pharmacies across Canada starting May 19. In response to a shortage of EpiPen in Canada in 2018, Kaléo’s original epinephrine auto-injector Auvi-Q was available in […][...]
Fairfax County approves $25M small business relief fund
The Fairfax County Board of Supervisors during its Tuesday meeting approved the establishment of a $25 million small business and nonprofit relief grant program for local businesses impacted by the COVID-19 pandemic. “I am very excited about this program — the first of its kind in Fairfax County,” Board Chairman Jeffrey McKay said. “Our hope […]
Reston IT company emerges from bankruptcy with new CEO
Reston-based IT infrastructure company Internap Corp. (INAP) announced Tuesday it has emerged from Chapter 11 bankruptcy protection with a new CEO and $300 million in liquidity. The company originally filed for bankruptcy protection March 16. “When we began the restructuring process, we did so with a clear objective of strengthening our capital structure and best […]
Hotel Roanoke reveals $3.9M renovation plans
The Hotel Roanoke & Conference Center, Curio Collection by Hilton, announced Monday its $3.9 million plans to renovate The Pine Room Pub and the Palm Court Lobby. “The renovation will build upon the hotel’s premier four diamond status as a destination, dining and meeting facility in Virginia’s Blue Ridge and wi[...]
Metro releases multiphase recovery plan
The Washington Metropolitan Area Transit Authority (WMATA) has released initial details of its COVID-19 recovery plan, which will be discussed during the authority’s Board of Directors meeting on Thursday. The multiphase recovery plan is dependent on the trajectory of infections in its service areas. For now, Metro passeng[...]
Fairfax County board ponders $30M COVID-19 relief program
The Fairfax County Board of Supervisors on Tuesday will consider launching a small business and nonprofit relief grant program that could disperse up to $30 million to local businesses impacted by the COVID-19 pandemic. The proposed guidelines would allocate $10,000 to businesses with one to 10 employees, $15,000 to businesses with 11 to 25 employees […]
