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NCS News Desk

Elon Musk – SpaceX valuation rockets to $74 billion with new round of funding (by Annlee Ellingson)

Posted on March 2, 2021 in Uncategorized,

https://www.bizjournals.com/orlando/news/2021/03/02/spacex-valuation-rockets-with-new-funding.html?utm_source=st&utm_medium=en&utm_campaign=ae&utm_content=or&ana=&j=23091955 Space Exploration Technologies Corp. has raised another astronomical sum, rocketing the busy aerospace company’s valuation to new heights. The Hawthorne, California-based company — which frequently launches from Florida’s Space Coast — closed $850 million in equity funding last month, reported CNBC, citing anonymous sources “familiar with the financing.” Shares were sold at $419.99, per the […]

New Orlando tech entrepreneurship programs to launch (by Alex Somerstrom)

Posted on March 2, 2021 in Uncategorized,

https://www.bizjournals.com/orlando/news/2021/03/02/new-orlando-tech-entrepreneurship-programs-to-laun.html?ana=e_orl_bn_editorschoice_editorschoice&j=90552430&t=Breaking%20News&mkt_tok=NjczLVVXWS0yMjkAAAF7k0cmlRn12HStdMxcB8ZK4CDj84cihLJciteWk2LOr4QI4dRvKzU_RDxcpTMQxx4h4RHDY6BovIWwdJIx5DhwZwyODWUdlIvH4I6n7d-oh2AnDN4 Local groups will grow and launch tech entrepreneurship programs after Orange County designated a chunk of cash for the purpose. County commissioners on Feb. 23 approved a $1.95 million economic stimulus grant meant to help diversify the region’s tourism-centric economy. This money will fund tech and entrepreneurship initiatives at the University of Central Florida, […]

Bev Seay – Businesswoman of the Year (by Anjali Fluker)

Posted on February 26, 2021 in Uncategorized,

https://www.bizjournals.com/orlando/news/2021/02/25/2021-businesswoman-of-the-year-beverly-seay.html?utm_source=st&utm_medium=en&utm_campaign=me&utm_content=or&ana=&j=23054068 The last year has been fraught with challenges for Beverly Seay — and only some of it was related to Covid-19. As chair of the University of Central Florida Board of Trustees, she led the entity responsible for administering the state’s largest university’s policy decisions; the implementation and maintenance of high-quality education programs; and […]

Exclusive: Electric battery maker Microvast plans Orlando R&D center, new high-wage jobs (by Alex Soderstrom)

Posted on February 25, 2021 in Uncategorized,

https://www.bizjournals.com/orlando/news/2021/02/24/electric-battery-maker-microvast-plans-orlando-r-d.html?ana=e_orl_bn_exclusive_exclusive&j=90551840&t=Breaking%20News&mkt_tok=eyJpIjoiWkRsbFlXSTNORGcwTnpGbSIsInQiOiJCQTlTR3pUMlZmTWoweFFYbTc3Q1VmdThkWXU1Mm83ZStxcjh6YUVmV2QwS29Fa2tJeDlIZVk0ZTVuMnhFYzV2dG9raEJtXC9nc0FEVjJIWiszT24xWWRLcEduVlBzTndGXC8rZDlnZ0ZWcjhPZE5zRkFUWnluUzRiVlNGalwvWVNZdSJ9 A manufacturer of lithium ion batteries for electric vehicles will charge up its operations in Central Florida, creating tech jobs in the process. Microvast Inc. plans to turn its small presence in the University of Central Florida incubator program into an Orlando research and development facility that would house up to 150 employees. The […]

Lockheed snags huge Air Force deals for missile work in Orlando (by Alex Soderstrom)

Posted on February 24, 2021 in Uncategorized,

https://www.bizjournals.com/orlando/news/2021/02/23/lockheed-snags-huge-air-force-deals-for-missile-wo.html A pair of missile contracts will launch new local work for Lockheed Martin Corp. The U.S. Air Force awarded two contracts worth a combined $842 million to Lockheed Martin Corp. (NYSE: LMT), announced the Department of Defense on Feb. 22. Both will create work for Lockheed in Orlando, where the Bethesda, Maryland-based defense giant […]

Investors leaving California create opportunity for Orlando tech sector (by Alex Soderstrom)

Posted on February 24, 2021 in Uncategorized,

https://www.bizjournals.com/orlando/news/2021/02/22/investors-leaving-california-create-opportunity-fo.html?utm_source=st&utm_medium=en&utm_campaign=me&utm_content=or&ana=&j=23031289 California venture capitalists are flocking to cheaper Sunbelt cities, and many want Orlando to get in on the action. The Bay Area is hemorrhaging residents, losing 45,000 people in 2020 per a report by real estate brokerage Redfin Corp. Among those leaving the high-tax, high-cost metro are the investors who make Silicon Valley the […]

Collins Aerospace Awarded $64M Contract for Warship Sonar Domes

Posted on February 22, 2021 in Uncategorized,

The Naval Surface Warfare Center in Crane, Ind., has awarded Collins Aerospace Systems, a unit of Raytheon Technologies (RTX), a seven-year, $64 million Indefinite Delivery, Indefinite Quantity (IDIQ) contract to provide sonar domes for surface combat ships for the U.S Navy and Allied forces. The agreement, which builds upon a previous five-year production contract, includes […]

UCF to launch ‘first-of-its-kind’ degree program in themed experiences (by Ryan Lynch)

Posted on February 22, 2021 in Uncategorized,

The University of Central Florida is preparing to launch a new program that will be among the first for a public university. UCF will start its two-year master’s degree program in themed experiences this fall. It will teach the design of environments to tell a story in places such as theme parks, zoos, aquariums, themed […]

Tech startup Leasecake gets investment to expand its software beyond real estate (by Alex Soderstrom)

Posted on February 16, 2021 in Uncategorized,

Leasecake Inc. has closed a $3 million investment round that will expand its commercial real estate software, the company announced Feb. 16. The Winter Park-based firm was founded in 2017 at entrepreneurship competition Startup Weekend Orlando as a property management platform. Leasecake since has expanded to offer “location management” software, which allows businesses to manage services related […]

UCF, tech firm and VC fund launch Central Florida lab to grow blockchain biz (by Alex Soderstrom)

Posted on February 14, 2021 in Uncategorized,

https://www.bizjournals.com/orlando/news/2021/02/12/ucf-tech-firm-and-vc-fund-launch-central-florida.html?ana=e_orl_bn_editorschoice_editorschoice&j=90550511&t=Breaking%20News&mkt_tok=eyJpIjoiT1RoaU5HUmxZelprWkdJMyIsInQiOiJWTGVnWEY5VkxOVWdiaEFTbTJYTW42dU9UK3lITzJ5ZEFYZUlHdHo1MzVDandRd2dIYkxQdVM1bkx2c2lVZW5XRWRjTlg1Z0FCd3JoUU5USlI2TCtqZ1pjbTM5U0dLSURTVU5sc3pZU3p3WnJ4WFhDck1jNUVNbnFRaWpodHc1RCJ9 Central Florida blockchain businesses will have more opportunities to grow thanks to a new nonprofit lab that has millions of dollars in venture capital behind it. The launch of the Blockchain Innovation Lab was announced Feb. 12 by the lab’s three Central Florida organizers: the University of Central Florida, business development firm Neoware Studios […]

These are the Orlando transportation sector’s biggest projects and opportunities (by Alex Soderstrom)

Posted on February 12, 2021 in Uncategorized,

Tony McGee, CEO, HNM Global Logistics  “I would say the obvious as it relates to opportunities is our hidden gem, Research Park. With [U.S. Army simulation center] PEO STRI over there, you have $3.5 billion in contracts coming out of that small geographic area. We would like to increase our opportunities with the federal government. […]

Business accelerator Burnout to triple its video game projects in 2021 (by Alex Soderstrom)

Posted on February 10, 2021 in Uncategorized,

https://www.bizjournals.com/orlando/news/2021/02/10/business-accelerator-burnout-to-triple-its-video-g.html?ana=e_orl_bn_editorschoice_editorschoice&j=90550116&t=Breaking%20News&mkt_tok=eyJpIjoiTVRRMk16ZGlNRGd4TVRJeiIsInQiOiJuYU1wck5QcU9FWVdpODJud2pXRnhPb0NpNDZLbUw3XC9lUG9maVlIUjhhcFREVEZ5bnBjTHRBTWR0SWpJZ0N3dEM5MHo3NTZzbUdhVWx0RXkyQlRCSlJ2RTBRc2VkekZFMWd3RVJ1RHVoQm9SaXpoZFJvUlYzNEdnK09zR3RMZ1UifQ%3D%3D Burnout Game Ventures LLC doubled its projects in 2020, and it aims to triple that number this year. The Winter Park-based video game accelerator hit a growth spurt in 2020, adding 50 members and four staff employees. Burnout already has added another 25 people this year, with expectations to add a hundred in the […]

EA Sports to revive college football video games (by Alex Soderstrom)

Posted on February 3, 2021 in Uncategorized,

https://www.bizjournals.com/orlando/news/2021/02/02/ea-sports-to-revive-college-football-video-games.html?ana=e_me_set1&j=90549004&t=Morning&mkt_tok=eyJpIjoiTmpVMk16aGxaR0V4T0RReSIsInQiOiJBNlRwXC9ZUzRXdmZwUys4dFN4a1IwaGJNZVY5S2ppeG1iaHB4V2NSTk5wU05TdVQ1OFc0MHVpSWlyNDV2SERKbUFpd2UrMlhBRnVPdlhSY09HelN1Ym5XMlYzbVJLZktCY202MlRORmMzSEpsOEhyQ3VMN2pvanNWaHF0NjA5dTEifQ%3D%3D Gaming is a massive industry that spawns high-wage jobs. The U.S. video game industry in 2019 generated $90.3 billion in economic output and supported 429,000 jobs, including 16,270 jobs in Florida, according to the Entertainment Software Association.

Spirit Airlines to move some control center operations to Orlando; create jobs (by Richard Bilbao)

Posted on February 3, 2021 in Uncategorized,

https://www.bizjournals.com/orlando/news/2021/02/02/spirit-airlines-to-move-conrol-center-orlando-jobs.html?ana=e_me_set1&j=90549004&t=Morning&mkt_tok=eyJpIjoiTmpVMk16aGxaR0V4T0RReSIsInQiOiJBNlRwXC9ZUzRXdmZwUys4dFN4a1IwaGJNZVY5S2ppeG1iaHB4V2NSTk5wU05TdVQ1OFc0MHVpSWlyNDV2SERKbUFpd2UrMlhBRnVPdlhSY09HelN1Ym5XMlYzbVJLZktCY202MlRORmMzSEpsOEhyQ3VMN2pvanNWaHF0NjA5dTEifQ%3D%3D Spirit Airlines plans to increase its operations at Orlando International Airport and create more local jobs. The airport announced that the Miramar-based airliner will to move part of its operational control center — which helps it track flights — from South Florida to Orlando starting in June. That means 75 positions, or 40% of […]

Report: Orlando ranks among the best metros for STEM professionals (by Susan Lundine and Brendan Ward)

Posted on February 1, 2021 in Uncategorized,

https://www.bizjournals.com/orlando/news/2021/02/01/orlando-among-best-metros-for-stem-workers.html?ana=e_ae_prem&j=90548777&t=Afternoon&mkt_tok=eyJpIjoiTmpFMk1EUmhaak5tT0dRMiIsInQiOiJ6cUxkN3RHaVVYUDRZWVIxa3dkQ2E0MkdIR3FYeTUrVFwvdHp5NmlqSHptd2xcL0lSUEw2QkJvd3duUVZMbmhzNVJDXC9COVlPNmg5UmlDTVlkNkRrMzk5VGhKSm1BaUxKMFBTclYydHc1eTJcL1ZGY0RZaVZwSnRiN0I3MkpyUWZVakwifQ%3D%3D Metro Orlando, along with two other Central Florida metros, are among the best areas for STEM professionals, according to a new report. WalletHub evaluated the nation’s 100 largest metro areas to find the best metros for science, technology, engineering and math workers. Each metro was graded on key areas including STEM opportunities, STEM friendliness and […]

Statement by Secretary of Defense Lloyd J. Austin III on Tackling the Climate Crisis at Home and Abroad

Posted on February 1, 2021 in Uncategorized,

https://www.defense.gov/Newsroom/Releases/Release/Article/2484504/statement-by-secretary-of-defense-lloyd-j-austin-iii-on-tackling-the-climate-cr/ I fully support the President’s direction today to include climate considerations as an essential element of our national security and to assess the impacts of climate change on our security strategies, operations, and infrastructure. Since 2010, the Department of Defense has acknowledged that the planet’s changing climate has a dramatic effect on our missions, […]

IT’S TIME TO MOVE THE ARMY LADDER ( by ERIC WESLEY AND ROBERT SIMPSON)

Posted on January 31, 2021 in Uncategorized,

https://warontherocks.com/2021/01/its-time-to-move-the-army-ladder/ For 20 years, the U.S. Army has fought militarily inferior enemies in Afghanistan and Iraq. The wars have been inconclusive. Now, the Army is embarking on an effort to compete with China and Russia — two advanced nuclear powers with the potential to compete toe to toe with the United States in almost every […]

A Quick Recap of Cybersecurity in 2020

Posted on January 28, 2021 in Uncategorized,

https://goldskysecurity.com/a-quick-recap-of-cybersecurity-in-2020/?utm_source=Newsletter&utm_medium=Email&utm_campaign=2020-cybesecurity-recap The year 2020 will go down in history for many reasons, such as some of the most intrusive security incidents. We saw an innovative focus on machine learning and artificial intelligence, leveraged for both defensive and offensive campaigns. Additionally, the cybersecurity industry experienced unprecedented ransomware and supply chain compromises, targeting critical industries. In 2021, […]

Semiconductor maker Skywater to take over UCF’s lease in NeoCity, create high-wage jobs (by Alex Soderstrom)

Posted on January 25, 2021 in Uncategorized,

https://www.bizjournals.com/orlando/news/2021/01/25/semiconductor-maker-skywater-osceola-create-jobs.html?ana=e_orl_bn_breakingnews_breakingnews&j=90547751&t=Breaking%20News&mkt_tok=eyJpIjoiTkRSbFpXTTRNRFZrTTJZeCIsInQiOiI3eUZ1eWg3THdBUjlvMjlxQ2J1emI1VTA4TkxIWHRoZVZ4U3VSVmZGZzNLaDFES2dicklDYVFGTFgyVFk0M2lwSlNRK0pRN29VWDd0N0lBNWtHTXNDN3hLYUFLXC82QVU0Wjc2NmhKNGswbzZuMytqb3REOHRGWk5yMDM0WUpINGMifQ%3D%3D Osceola County’s fledgling NeoCity district has a new high-tech tenant set to create hundreds of local high-wage jobs. SkyWater Technology Foundry Inc. will take over the University of Central Florida’s lease of the 109,000-square-foot Center for Neovation in Kissimmee. The firm will operate the semiconductor research and development facility until 2044 and create 220 […]

Luminar and more powered Orlando venture capital activity to a banner year (by Alex Soderstrom)

Posted on January 22, 2021 in Uncategorized,

https://www.bizjournals.com/orlando/news/2021/01/22/luminar-and-more-powered-orlando-vc-activity-to-a.html?ana=e_orl_bn_editorschoice_editorschoice&j=90547347&t=Breaking%20News&mkt_tok=eyJpIjoiTW1NMk16WXpaV1ppTURVMCIsInQiOiJNb1ZyWG1RVTY1RUg0XC8rY21TMFwvTm14TkVVTFNMMCtJditPWW1Pb0pTaHZ4aEM2M0hUWFZ0eVg4QlRJcTRtVHY1ZFVSbTlSNzRNejRaQkl2Z1ZTNk1TenVDSjVNSVU5MEFGYWF0SjZwdWNPV05CS04rMUNBbTdyREk1UmpJSEJGIn0%3D ‘Momentum to continue’ That strong fourth-quarter performance powered 2020 to one of the best recent years for local venture capital activity. More than half of the $325 million raised last year came from $184 million that investors injected into Luminar Technologies Inc. as part of its merger with Gores Metropoulos Inc. Luminar, an Orlando-based maker of […]

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