Entries by Gus Wintzell

Yulista finalizes acquisition of DSoft Technology, Engineering & Analysis

HUNTSVILLE, AL – Yulista Holdings, a global leader in rapid response aerospace and defense solutions, announced the successful completion of its acquisition of DSoft Technology, Engineering & Analysis, Inc. This strategic acquisition marks a significant milestone in Yulista’s growth strategy, enhancing its capabilities and expanding its market presence in the technology sector.  Founded in 1998, […]

Amesite announces strategic partnership with Drake State targeting workforce education

HUNTSVILLE, AL – Over the past few years, Drake State has accomplished a series of “firsts” for the City of Huntsville. Now they are adding a new one to the ever expanding list.  Amesite Inc. (NASDAQ: AMST), a leading artificial intelligence software company offering a cloud-based learning platform for business and education markets, announced a […]

Huntsville company named in top 100 employee owned businesses for 2023

HUNTSVILLE, AL – Employee stock ownership plan (ESOP) companies have become popular throughout the United States with around 6,467 in total as of the end of 2023. This number also represents more than $1.6T in overall assets across the nation. Here in Huntsville, one such company has been growing its employee access to part ownership […]

Leidos awarded $32M defense radar contract

Leidos, a Fortune 500® science and technology company, announced it was recently awarded a new $32 million contract by the Marine Corps System Command (MARCORSYSCOM) through the Consortium Management Group (CMG). The defense radar systems development contract calls for four Medium Range Air Defense Radar (MRADR) prototype systems within a two-year span. The company’s Dynetics team will […]

Arguments begin in Huntsville regarding changes to national small business laws

HUNTSVILLE, AL – On Monday, oral arguments in National Small Business Association v. Yellen will began at the Huntsville United States District Court. The case is a challenge to the constitutionality of the Corporate Transparency Act (CTA) and specifically the law’s beneficial ownership reporting requirements. The law would require nearly every American who runs or […]

Strong announces $5M FAA investment in North Alabama airports

Congressman Dale W. Strong (AL-05) announced that the the Federal Aviation Administration (FAA) has awarded more than $5 million in grant funding to five airports in North Alabama. The Fiscal Year (FY) 2024 grants were administered through the Airport Infrastructure Grant (AIG) program and funded by the Infrastructure Investment and Jobs Act (IIJA).  “The FAA’s […]

Bank Independent breaks ground on new $60M operations center

Back in 2020, Bank Independent announced the plans for a state-of-the-art operations center that aimed at consolidating the company’s operations staff under one roof. At this time, Bank Independent’s ops teams are spread between five buildings throughout the Shoals area. This past Wednesday, the company took a major step in alleviating this challenge when company […]

Huntsville representatives celebrate newest T2S Solutions operations expansion

HUNTSVILLE, AL — Various Huntsville representatives were present yesterday at yet another Huntsville ribbon cutting. T2S Solutions, a veteran-owned small business based in Belcamp, Maryland, expanded its operations in the area with the company’s new 4,000 Square-Foot Tactical Space Layer Integration Lab in Cummings Research Park. “The cutting of this ribbon symbolizes T2S’ continued commitment […]

Huntsville-based company expands globally, opens new Terafactory in Europe

Adtran announced the opening of its new Terafactory in Meiningen, Germany, fortifying supply chain resilience and accelerating regional technological advancements. The new state-of-the-art facility brings production back to Central Europe, boosting the company’s robustness against global logistics shocks and promising to create new local jobs. The Terafactory also streamlines workflows and reduces resource consumption by […]

Happy Veterans Day from the Huntsville Business Journal Team!

Dear Huntsville Veterans, The team at the Huntsville Business Journal wants to extend a Happy Veterans Day to all veterans who have served in our area. At this time, the City of Huntsville, the City of Madison, and Madison County are widely supported by and connected to the United State’s military community, and our growing […]