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Local spaceport offers new site for spaceflight business (by Alex Soderstrom)

Posted on July 5, 2021

When a balloon soared more than 108,000 feet above the Earth’s surface in a June 18 test flight, it kicked off operation of Florida’s newest spaceport, which is planned to host more companies in the high-growth aerospace industry. The test mission by luxury passenger space balloon firm Space Perspective Inc. was the first launch from […]

Universal’s motion sickness patent will generate more revenue (by Richard Bilbao)

Posted on July 3, 2021

It’s an interesting effort as theme parks tend to warn guests of any potential negative effects they may experience when on rides — especially motion sickness. In addition, that’s a common side effect on modern rides that use a mix of digital projections or screens as part of the overall experience. Theme parks have focused […]

Orlando firm raises $31M to boost virtual medical research and hire dozens (by Alex Soderstrom)

Posted on July 2, 2021

An Orlando-based company that allows people to participate in groundbreaking medical trials from home just hauled in tens of millions of dollars in funding. ObvioHealth USA Inc. raised $31 million in its latest fundraising round, with $18.5 million originating from a partial Series B round, the company announced July 1. The investment allows ObvioHealth to […]

New Orlando office keys up growth for Northrop Grumman (by Alex Soderstrom)

Posted on July 2, 2021

Aerospace and defense giant Northrop Grumman is set up for more Central Florida growth after a major addition to its local footprint. Northrop Grumman Corp. on June 30 held a grand opening for its new 88,000 square feet of office space at 2300 Discovery Drive. The lease in Central Florida Research Park, previously reported by Orlando Business […]

Kennedy Space Center gets first woman director, Janet Petro, after Bob Cabana promoted to NASA (By CAROLINE GLENN)

Posted on July 2, 2021

“It’s an honor to be selected to lead Kennedy Space Center,” Petro said. “Having grown up on Florida’s Space Coast and being the second generation in my family to work at Kennedy Space Center, it’s truly exciting to help grow the multi-user spaceport as we prepare for Artemis and continue launching commercial crew missions to […]

Health tech firm led by NBA medical consultant raises millions in Venture Capital (by Alex Soderstrom)

Posted on June 29, 2021

A stealthy Longwood-based startup with a prolific top executive raised nearly $5 million in investment capital. Health tech firm NeuTrace Inc. raised $4.8 million, according to a June 15 U.S. Securities and Exchange Commission filing. The company does not boast a prolific public profile, lacking even a website. However, it has attracted more than $7 […]

Orlando air hub seeks to offset revenue challenges via cargo, technology and more (by Richard Bilbao)

Posted on June 26, 2021

HIGH-TECH PARTNERSHIP The Orlando airport caught the attention of the high-tech industry in August 2020, when it became known the air hub often associated with Mickey Mouse, Harry Potter and Shamu was working to be at the forefront of cutting-edge research. The vision: A University of Central Florida and Orlando airport partnership to develop a […]

Startup’s upcoming space balloon trips with bar to lift new tourism market (by Alex Soderstrom)

Posted on June 25, 2021

A Florida firm’s upcoming trips will let passengers sip spirits in space. Fresh off its first successful test flight on June 18, Space Perspective Inc. on June 23 began taking reservations for its first luxury balloon flights into space in 2024. Each six-hour trip will take up to eight passengers 20 miles above Earth’s surface, […]

Wisconsin technology waste firm enters Florida with plans to hire workers in Orlando (by Ryan Lynch)

Posted on June 22, 2021

A Madison, Wisconsin-based technology waste management company plans to expand after its launch in Orlando. Cascade Asset Management opened a 15,900-square-foot facility at 4428 36th St. in Orlando in May, and plans to reach 35 jobs over the next three years. The firm already has eight staff members in the area, including seven production staff […]

Navy Seeks to Unleash the Potential of Unmanned Systems (By Warren Duffie Jr., Office of Naval Research)

Posted on June 21, 2021

The Department of the Navy (DoN) is producing an after-action review of the U.S. Pacific Fleet-led Unmanned Integrated Battle Problem 21 (IBP21), an exercise held April 19-26 in San Diego, California. “Advancements in technology have created the opportunity to provide our military with an operational advantage by developing improved manned/unmanned command and control capabilities,” said […]

Orlando ranks No. 6 in cities for video game jobs (by Richard Bilbao)

Posted on June 18, 2021

The City Beautiful is among the best place for video game industry workers to reach the next level. The region ranks No. 6 for gamer and developer opportunities, said a study by Washington, D.C.-based personal finance website WalletHub. The city ranked fifth overall best city for gamers out of 100 cities. For the gamer and developer opportunities ranking, […]

DiSTI’s GL Studio Adopted by Hyundai Motor Group

Posted on June 17, 2021

Today, the DiSTI Corporation announced its GL Studio HMI development software has been adopted by both Hyundai Mobis and LG Electronics for the production of 3D Infotainment User Interfaces (UI) for automotive manufacturer KIA. These 3D infotainment User Interfaces are deploying globally across a wide range of KIA models. The two companies, Hyundai Mobi,s and LG Electronics are working […]

Germany Selects Lockheed Martin for Space Tracking System (by Mandy Mayfield)

Posted on June 15, 2021

The German Space Agency selected Lockheed Martin’s iSpace system to enhance its ability to track and characterize debris in orbit. Space agencies have grown increasingly concerned about the threats posed by space debris as nations around the globe plan to launch a plethora of new satellites and systems in the coming years. “Congestion is becoming […]

Tampa tech company secures $4.2 million contract with the Pentagon (by Lauren Coffey)

Posted on June 15, 2021

A Tampa-based technology company focusing on threat detection has secured a U.S. government contract with the Pentagon. Entropy Technology Design, a threat detection company focusing on both natural and manufactured threats, signed a three-year, $4.25 million contract with the Pentagon at the end of May. The funding will help Entropy research and develop its technology […]

South African tech firm opens local office with plans to create high-wage jobs (by Richard Bilbao)

Posted on June 13, 2021

MFT Executive Advisory Services, a Johannesburg, South Africa-based tech firm, has expanded to Central Florida with plans to create dozens of high-wage jobs here. MFT, an Amazon Web Services firm providing cloud solutions and technology risk management, opened an office in Maitland at 555 Winderley Place, said a news release from the Orlando Economic Partnership. […]

Mayvin Joins National Center for Simulation

Posted on June 11, 2021

Orlando, FL (May 27, 2021) – Mayvin, Inc., a woman-owned small business with a distinguished reputation in Florida’s Special Operations Community, has become a member of the Orlando-based National Center for Simulation (NCS), joining the organization’s league of industry members in the modeling, simulation, and training community. “Mayvin does not need much introduction to the Central […]

Out-of-state firms power big Orlando Venture Capital deals (by Alex Soderstrom)

Posted on June 10, 2021

Two Orlando companies combined to raise more venture capital in May than all Central Florida startups raised in the first quarter combined, thanks to out-of-state investment firms. Boston-based Elephant led a $20 million round for Maitland-based cybersecurity company ThreatLocker Inc., and Santa Clara, California-based Intel Corp.’s Intel Capital co-led a $23 million round for Orlando-based autonomous shuttle firm […]

Breaking: Growing startup Tomahawk Robotics wins multimillion-dollar defense deal (by Alex Soderstrom)

Posted on June 10, 2021

Tomahawk Robotics Inc. is growing fast, and it just landed one of its biggest defense deals. The Melbourne-based maker of robotics operating systems landed a $4.1 million contract with the U.S. Marine Corps, which will generate work at the company in 2021 and 2022. The award is for the Marine Corps’ Radio Agile Integrated Device […]

Profiles in Tech: Rear Adm. Paul Sohl (USN Ret.), Florida High Tech Corridor Council (by Lindsey Sandrin)

Posted on June 10, 2021

The Orlando innovation ecosystem is rich with high-caliber tech talent and boundary-pushing entrepreneurs. In an effort to foster a more connected community, the Orlando Tech Council presents “Profiles in Tech,” a new series highlighting the region’s top executives, innovators and movers and shakers whose ideas and companies are changing the world right from our own […]

SOFIC NEWS: Commandos Asking for New High-Tech Training Tools (by Jon Harper)

Posted on June 3, 2021

Cyber, electronic warfare and information operations are expected to be critical elements of future operating environments for U.S. commandos. Special Operations Command wants industry to provide new tools to help them train for these scenarios. Green Berets have a new information warfare center at their home base in Fort Bragg, North Carolina, which is supporting […]