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North Carolina VC firm Cofounders Capital plots more Central Florida deals (by Alex Soderstrom)

Posted on September 21, 2021

Cary, North Carolina-based investment firm Cofounders Capital Management LLC made its first deal with a Florida company when it led a seven-figure investment into Orlando-based ViewStub LLC. However, the deal with the events streaming software startup is not destined to be Cofounders Capital’s last in the Sunshine State. Instead, the firm is making a push to […]

Germ-fighting Orlando tech firm Violet Defense raises another $6M (by Alex Soderstrom)

Posted on September 19, 2021

A disinfection technology firm undergoing a big growth spurt just raised millions of dollars for more hiring and international expansion. Orlando-based Violet Defense Group Inc. raised $6 million, according to an amended U.S. Securities and Exchange Commission document filed Sept. 14. The maker of ultraviolet light systems for disinfection and agriculture has raised at least […]

Software firm Prosperi plans job growth after making Orlando its global marketing HQ (by Alex Soderstrom)

Posted on September 17, 2021

Project management software firm Prosperi, which helps keep electricity flowing and water clean across Brazil, is bringing similar services to the U.S. via Central Florida. Brazilian company Prosperi’s expansion efforts in the U.S. will be anchored by its Orlando operations, where the company plans to grow its workforce significantly, CEO Leonardo Nogueria told Orlando Inno. The company, recognized […]

Northrop Grumman Unveils Model of New Autonomous Aircraft (by Meredity Roaten)

Posted on September 14, 2021

PALMDALE, Calif. — Northrop Grumman has designed a new autonomous aircraft that it hopes will be the answer to the Air Force’s search for the next-generation of drones that could accompany manned planes into battle. Unveiled Sept. 8 at Northrop’s facility in Palmdale, California, the Model 437 — a stealthy jet with a 3,000 mile range […]

Stratolaunch selects Quantum3D’s Advanced Simulation Platform for Hypersonic Flight Training

Posted on September 14, 2021

Stratolaunch selects Quantum3D’s Advanced Simulation Platform for Hypersonic Flight Training Milpitas, CA – September 13, 2021 – Quantum3D has been awarded a new contract by Stratolaunch to train pilots in their launch vehicle for hypersonic aircraft. This contract includes the delivery of the latest IDX 90 advanced Image Generator to the Stratolaunch test and training facility […]

$30M sports tech fund launched in Lake Nona. Here’s what it’s looking for (by Alex Soderstrom)

Posted on September 9, 2021

The fund’s search for investable companies spans the globe, Rudy said. However, the fund is focused on early-stage sports tech and health tech firms, and the fund’s managers are looking for companies that will take advantage of the network of resources available in Lake Nona, which include the Johnson & Johnson Human Performance Institute, the […]

3 Orlando simulation firms win spots on mega Marines training contract (by Alex Soderstrom)

Posted on September 7, 2021

Three Orlando-based simulation companies are among the seven firms selected to work on a U.S. Navy contract worth $127 million. The contract is for work to support current training systems and develop new systems for the U.S. Marine Corps, which operates as part of the Department of the Navy. The contract mentions marksmanship, combat vehicle […]

This CEO built a wheelchair endorsed by Stephen Hawking before launching his new startup (by Alex Soderstrom)

Posted on September 7, 2021

Tim Balz has worked on a long list of successful wheelchair innovations, landing his name on a patent and leading a project endorsed by renowned physicist Stephen Hawking. Balz’s latest efforts won’t revolutionize the wheelchair, but rather, the quality of life of the people who use them. Melbourne-based Kalogon, founded by Balz last year, developed a “smart […]

SPACE SYMPOSIUM NEWS: Space Operations Command Leveraging Commercial Investments (by Mandy Mayfield)

Posted on August 31, 2021

COLORADO SPRINGS, Colo. — The field command of U.S. Space Force is looking to leverage investments being made by commercial space companies, an official said Aug. 25. “I call this the ‘Second Golden Age of Space,'” said  Lt. Gen. Stephen Whiting, commander of Space Operations Command. “It’s really being led by commercial space, whether that’s […]

L3Harris shares details on hiring, satellite facility expansion in Florida (by Alex Soderstrom)

Posted on August 30, 2021

A Space Coast defense firm and tech giant has added to its local facilities as it takes on “experimental” satellite programs. L3Harris Technologies Inc. is building out additional square footage at its existing Palm Bay satellite production facility to accommodate new satellite programs, L3Harris Space and Airborne Systems spokeswoman Kristin Jones told Orlando Business Journal. This will enable […]

Full Sail University Program Director Named to the National Center for Simulation 2021 Modeling & Simulation Hall of Fame (by Diane Sears)

Posted on August 26, 2021

WINTER PARK, Fla. – August 25, 2021 – Full Sail University is proud to announce that the Program Director of its Game Design Master of Science and Simulation and Visualization Bachelor of Science degree programs, Robert L. Catto, has been selected as an inductee to the prestigious 2021 National Center for Simulation (NCS) Modeling & Simulation […]

Startup Candor lands VC to expand its automated underwriting platform (by Alex Soderstrom)

Posted on August 24, 2021

Mortgage artificial intelligence startup Candor Technology Inc. will expand after snagging more than $12.5 million in a recent venture capital round. The company, based in The Villages, raised $12.5 million in a Series A round that will enable the company’s patent-pending platform to analyze more types of loans, founder and CEO Thomas Showalter told Orlando […]

U.S. Army Awards DiSTI $5.4M for Stryker Virtual Trainer

Posted on August 24, 2021

U.S. Army Awards DiSTI $5.4M Delivery Order for Stryker Virtual Trainer The DiSTI Corporation has been awarded a $5.4M delivery order from the United States Army to upgrade the Stryker Diagnostic and Troubleshooting Trainer (DTT). DiSTI, the world’s leading provider of virtual training solutions, will upgrade the Stryker DTT virtual trainers to the latest FMT […]

Tech firm Checkr to open Orlando office and create hundreds of local jobs (by Alex Soderstrom)

Posted on August 23, 2021

An out-of-state tech firm will open a new office in Orlando with 630 jobs after being approved on Aug. 23 for economic incentives. City of Orlando commissioners approved up to $1.1 million in incentives to coax background check software company Checkr Inc. to the region. Checkr, with dual headquarters in Denver and San Francisco, plans to […]

Florida Tech becomes first American university to operate electric plane (By Elina Shirazi)

Posted on August 23, 2021

BREVARD COUNTY, Fla. – The Velis Electro is Florida Tech’s new electric plane. It is the first university to fly and operate an electric aircraft in the U.S. The tiny two-seater is waiting for U.S. certification, so Florida Tech is flying it experimentally to help the Federal Aviation Administration learn more about the plane by providing data […]

UCF receives $500K to support NASA’s Artemis program (by Garfield Hylton)

Posted on August 20, 2021

UCF is one of seven universities to receive a $500,000 grant to support NASA’s Artemis program. NASA’s Artemis program wants to send people back to the moon and “create a robust presence there over the next decade,” according to a university press release.   https://www.orlandosentinel.com/space/os-bz-ucf-receives-five-hundred-thousand-dollars-support-nasa-artemis-program-20210816-ghjr32glbzbtdnk7tgvgquxtvu-story.html?utm_source=Florida+High+Tech+Corridor+Council&utm_campaign=0eeda3b6de-EMAIL_CAMPAIGN_2021_03_23_05_32_COPY_01&utm_medium=email&utm_term=0_4ef4711ee1-0eeda3b6de-438577146&mc_cid=0eeda3b6de&mc_eid=7dc591ba61

U.S. Air Force Awards DiSTI Three Basic Ordering Agreements

Posted on August 18, 2021

The DiSTI Corporation, the world’s leading provider of virtual maintenance training solutions, has been selected by the United States Air Force for three 5-year Basic Ordering Agreement (BOA) contract awards for both Commercial and non-Commercial Research & Development for Live, Virtual, and Constructive Training Environments, as well as Big Data Analytics. “DiSTI is proud to […]

LEVERAGE THE LAB UCF’s path to research prominence (by Ryan Lynch)

Posted on August 6, 2021

Now, a year into his tenure as president, Cartwright wants to establish UCF as one of the nation’s top 50 public research universities. The college currently is tied for No. 77 in U.S. News and World Report’s rankings for top U.S. public universities, which includes considerations for research dollars spent per student. Public research universities are […]

Defense contractors increasingly woo venture capital dollars (by Alex Soderstrom)

Posted on August 5, 2021

Indeed, a pair of high-tech defense firms based in and relocating to Central Florida demonstrate the rising interest in the sector among startup investors. For example, Santa Monica, California-based Red 6 Inc., which will open a technology hub in Orlando, raised $30 million in a Series A round earlier this year. Likewise, Melbourne-based Tomahawk Robotics Inc. in […]

Tomahawk Robotics closes biggest Space Coast VC deal of the year (by Alex Soderstrom)

Posted on August 5, 2021

A Melbourne-based robotics company landed the biggest venture capital deal on the Space Coast this year, a testament to its experienced team and a sign of growing venture capital interest in the region, according to a local investor. Tomahawk Robotics Inc. closed a $10 million venture capital round in April, according to data released in […]

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