HudsonAlpha and gener8tor Welcome Five Companies to Second Agtech Investment Accelerator Cohort

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HudsonAlpha Institute for Biotechnology, in partnership with global venture firm and startup accelerator gener8tor, announced the five startup companies selected for the Spring 2023 cohort of the HudsonAlpha AgTech Accelerator. The 12-week accelerator began earlier this month and invests $100K in five startups at the forefront of the agriculture technology industry. The concierge business accelerator […]

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Huntsville to Allocate Settlement Proceeds to Agencies on Front Lines of Opioid Crisis

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The City of Huntsville will allocate proceeds from an opioid settlement to organizations dedicated to fighting the effects of opioid abuse. Huntsville joined opioid-related class-action lawsuits and will receive nearly $2 million over 10 years as part of a settlement from McKesson and a one-time payment of $982,235 from Janssen. The City is a plaintiff […]

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Polaris’ Alabama Plant Ships First All-Electric Off-Road Vehicles

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HUNTSVILLE, AL — Polaris Inc. announced a milestone for its Alabama manufacturing facility — the first fully electric RANGER XP Kinetic off-road vehicles are headed out of the Huntsville factory to dealerships for customer pickup. Production of the electric vehicles began earlier this month at the 900,000-square-foot facility, according to Polaris, the Minneapolis-based producer of […]

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Real Estate Update: March Stats Show High Demand for Madison County

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The Huntsville Area Association of Realtors (HAAR) has released its monthly report on the state of the residential real estate market for the month of March.  The average sale price in Madison County continued to rise, reaching $368,000, up from $333,000 for March the previous year.  However, this is an outlier for Huntsville/Madison County specifically, […]

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Multifamily Boomtown: Huntsville, Alabama

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The Rocket City is experiencing a multifamily boom more explosive than has ever been experienced. As of December 31, 2022, our independent research indicates a total of 62 apartment communities comprising 14,685 units were actively under construction, while more than 30 other properties comprising 9,479 units were in planning. For an area with a total […]

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Mark Splawn Joins U.S. Space & Rocket Center as VP of Projects, Infrastructure

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HUNTSVILLE, AL – Mark Splawn has joined the U.S. Space & Rocket Center as Vice President of Projects and Infrastructure. In this role, Splawn will oversee large-scale capital and construction projects as well as key Rocket Center departments, including facilities, security and environmental and technical services. Splawn was previously director of facilities at Dynetics, Inc., […]

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HudsonAlpha Generated $4 Billion for Alabama’s Economy

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A recent study conducted by the Center for Management & Economic Research at the University of Alabama in Huntsville (UAH) shows since its inception, HudsonAlpha has made a $4.2 billion impact on the Alabama economy, with nearly a billion of that coming over the last two years. The overall amount of $4.2 billion ($5 billion […]

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Deltek Appoints Dinakar Hituvalli as CTO

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Deltek, the leading global provider of software and solutions for project-based businesses, announced today that it has appointed Dinakar Hituvalli as its Chief Technology Officer (CTO). In this position, Dinakar oversees Deltek’s engineering and cloud operations teams, and will report directly to Mike Corkery, Deltek’s President and CEO. Dinakar will drive continued growth and innovation […]

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UAH breaks ground on new 80,000-square-foot Raymond B. Jones Engineering Building

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The University of Alabama in Huntsville (UAH) held a groundbreaking ceremony today for a new 80,000-square-foot engineering facility that will be named in memory of Raymond B. Jones, long-time business and community leader and past chairman of the UAH Foundation. The facility, which received initial approval by The University of Alabama System Board of Trustees […]

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Real Estate Update: Mortgage Rates Hover at 6%

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According to Freddie Mac, the national average interest rate for a 30-year fixed-rate mortgage has been declining slightly over the past three weeks, with the national rate reaching a low of 6.32% for the week of March 30, 2023.  This dip in rates has led to an uptick in new mortgage applications, with the Mortgage […]

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