Akima has announced that its subsidiary, Pinnacle Solutions, has been awarded a Training Systems Acquisition IV (TSA IV) delivery order by the U.S. Air Force to design, develop, and deliver the T-7A Maintenance Training System (MTS). The project, which supports the Air Force’s next-generation training platform, carries a total potential value of $369 million over […]
When Rochelle Silveira moved from Brazil to the United States, she often heard the same piece of advice: “Right company, wrong place.” Innovation, people told her, belonged to the coasts. But after years of working with founders and mentoring startups across the country, she began to see a different truth. “There’s incredible innovation happening here,” […]
Alabama Launchpad, a program of the Economic Development Partnership of Alabama (EDPA) in partnership with Innovate Alabama, has announced Kalm Therapeutics as the winner of $100,000 in non-dilutive funding in the Life Sciences Track. AJ Singhal, founder of Kalm Therapeutics, will receive $100,000 in non-dilutive funding, as well as access to follow-on mentorship and exposure […]
Amid national headlines about corporate layoffs and economic uncertainty, some Huntsville businesses are still growing, a sign of resilience in the local economy. Capstone Research Corporation, a Huntsville-based defense contractor founded in 2019, recently celebrated the grand opening of its new headquarters in Cummings Research Park. The facility expands the company’s labs, integration space, and […]
Gov. Kay Ivey has awarded more than $2 million to the HudsonAlpha Institute for Biotechnology to support three initiatives that apply biotechnology to strengthen the state’s agriculture and forestry sectors. The funding, provided through the Alabama Research and Development Advancement Fund, was part of a broader round of grants that also included awards to Auburn […]
As part of Community Planning month in October, four of five Huntsville City Council districts held public forums to discuss future plans. Town halls hosted by district representatives were held at the North Huntsville Public Library–Shurney Center (District 1, Michelle Watkins), Optimist Recreation Center (District 2, David Little), Sandra Moon Community Center (District 3, Jennie […]
Innovate Alabama has awarded $2.2 million in Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) supplemental grants to 13 companies across the state, including eight based in Huntsville. The funding is intended to advance research, product development and job creation in sectors such as biotechnology, aerospace, advanced manufacturing, materials science and software. […]
Drake State Community and Technical College has established the Ellenae Fairhurst Endowed Scholarship in recognition of automotive executive and entrepreneur Ellenae Hart-Fairhurst. The scholarship honors her professional contributions and lasting impact on the industry. Once fully funded with a principal gift of $500,000, the endowment will provide a permanent source of financial support for Drake […]
The Ditto Landing Events Center project is moving forward, and the Huntsville City Council continues to provide aid to the project in the southernmost area of the city. At its most recent bi-monthly regular meeting, the council voted to give over $1 million to Grayson Carter & Son to complete the third phase of the […]
Ambrose, a leading vertically integrated investment manager specializing in Class A industrial, logistics and e-commerce real estate, has announced the sale of a 554,000-square-foot, Class A distribution hub situated on more than 40 acres at 1250 Cooperage Way in Trinity, AL, located within the Greater Huntsville region. The modern facility is fully occupied by First […]
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