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Va. Tech Transportation Institute director to step down
Tom Dingus to return to faculty after 25 years in position
Published
Tom Dingus, the director of the Virginia Tech Transportation Institute (VTTI) for the past 25 years, will step down from his position and return to the faculty, the university announced Monday. The endowed professor has been a driver safety researcher for the past 35 years and has had a keen focus on autonomous technologies for
Capital One taps new board members from Facebook, Nike
Ime Archibong and Craig Williams appointed to join McLean-based bank's board
Published
McLean-based Capital One Financial Corp. announced Tuesday the addition of two new members to its board of directors: Ime Archibong, head of new product experimentation at Facebook Inc., and Craig Williams, president of Jordan Brand at Nike Inc. Archibong and Williams have been appointed to fill two new seats on the board, and will stand
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Kansas engineering firm acquires Va. Beach geotech company
Terracon adds to mid-Atlantic presence with Virginia Beach’s GET
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On Tuesday, Kansas-based consulting engineering firm Terracon Consultants Inc. announced that it had purchased GET Solutions Inc. for an undisclosed amount. GET is a geotechnical, environmental and materials testing firm serving public- and private-sector clients throughout the mid-Atlantic. In addition to its Virginia Beach headquarters, GET has another Virginia office in Williamsburg and North Carolina
U.Va. Community Credit Union names chief lending officer
Joe Raichel joins the credit union from Wells Fargo
Published
The University of Virginia Community Credit Union announced Monday it has hired Joe Raichel as its first chief lending officer. With more than 23 years of experience in the financial services industry, Raichel most recently served as a senior vice president with Wells Fargo. He will report directly to U.Va. Credit Union President and CEO
Vienna, Arlington government contractors merge
The Ambit Group, GreenZone Solutions Inc. join forces
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Vienna-based government contractor The Ambit Group and Arlington-based IT company GreenZone Solutions Inc. have merged. Financial terms of the transaction were not disclosed. The combined company will operate under the Ambit brand. Founded in 2004, Ambit provides mission-driven services for government customers, while GreenZone specializes in data management, operations, science and analytics. Under the merger,
ManTech names chief growth officer
Joseph Cubba was IBM senior partner and VP for defense and intelligence
Published
Herndon-based technology contractor ManTech International Corp. announced Monday that it has recruited Joseph Cubba, formerly senior partner and vice president for defense and intelligence at IBM Corp., as its chief growth officer. Cubba will report directly to Matt Tait, ManTech’s chief operating officer, and will be responsible for strategic growth efforts across the federal civilian,
San Francisco space data firm to merge with Reston SPAC to go public
Spire Global to merge with NavSight Holdings Inc.
Published
San Francisco-based space-based data and analytics firm Spire Global Inc. announced Monday it will merge with Reston-based special purpose acquisition company NavSight Holdings Inc. to become a public company. Financial terms of the transaction were not disclosed, but it values the combined company at $1.6 billion and is expected to produce $475 million in gross
Tysons analytics firm Qomplx plans to go public
Move is backed by Casper mattresses CEO's SPAC
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Tysons-based risk analytics firm Qomplx Inc. announced Monday its plan to go public through a merger agreement with Tailwind Acquisition Corp., a special purpose acquisition company backed by Philip Krim, co-founder and CEO of online mattress retailer Casper Sleep Inc. The deal values Qomplx, which will be listed on the New York Stock Exchange under
SW Va. aims to attract data centers via regional tax pact
Joint effort by five localities will build on recently passed state legislation
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As part of an effort to entice data centers to locate in the region, Southwest Virginia leaders announced Tuesday a joint agreement to set what will be Virginia’s lowest regional property tax rate on data center equipment. The localities comprising the Lonesome Pine Regional Industrial Facilities Authority — Dickenson, Lee, Scott and Wise counties and
Richmond council clears way for $325M VCU Health project
City to sell Public Safety Building for $3.5M
Published
Richmond City Council approved the sale of the city’s Public Safety Building on Monday, clearing the way for a $325 million VCU Health System medical office tower and multi-use project downtown. Council members unanimously approved the 3-acre property’s $3.5 million sale to Capital City Partners LLC, a collaboration between Michael Hallmark of Los Angeles-based Future