A crash closesd both directions of Georgia Ave (MD 97) at Emory Ln. in Olney according to an Alert Montgomery – Severe Traffic Alert sent out at 3:51pm.
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District 4 (4D) Montgomery County Police Department (MCPD) Commander David Smith shared that 400 pressed fentanyl pills were recovered when protective patrol observed and interrupted a drug sale on Friday night.
Four Montgomery County companies in the financial services, AI, biopharma, and clean tech industries raised just over $460 million across public offerings and private investment activity in June and July, signifying continued investor confidence in Montgomery County’s business ecosystem.
In June, Forbright, a Chevy Chase-based bank holding company with 545 employees, successfully completed its initial public offering on the Nasdaq. The D.C. region’s fastest-growing bank raised $142.2 million, valuing the company at approximately $950 million, marking not only a major milestone for the company but also for Montgomery County’s rapidly expanding financial services industry, which boasts companies spanning venture capital, private equity, financial technologies, and investment asset management.
Also in June, Bethesda-based Xometry announced a $225 million secondary public offering. Founded in Gaithersburg, the AI-powered manufacturing marketplace has become one of Montgomery County’s homegrown innovation economy success stories, connecting businesses with manufacturing capacity around the world through its intelligent digital platform. The additional capital will allow the company, which employs over 1,000 people, to continue expanding and investing in advanced manufacturing innovation.
Known as the anchor of the third-largest biopharma hub in the nation, it’s not surprising that life sciences companies in the County also continue to attract attention from investors. In July, RegenxBio, Inc., a clinical-stage biotechnology company focused on the development of gene therapy treatments, raised $90.04 million in its second public offering on the Nasdaq Stock Exchange. Located in Rockville with over 370 employees, RegenxBio is a leader in developing therapies for retinal, neuromuscular, and neurodegenerative diseases.
In clean tech, Arculus Solutions, a developer of hydrogen-barrier coatings designed to protect infrastructure from hydrogen embrittlement, raised $1.95 million of Seed-1 funding from undisclosed investors, putting the company’s pre-money valuation at $20.05 million. The company’s coatings can be used in various applications, such as hydrogen fuel cell pipelines, storage tanks and hydrogen-powered vehicles, enabling the energy industry to reduce the risk of accidents and improve safety. Based in Bethesda, Arculus is yet another example of Montgomery County’s growing position as a hub for clean tech, which is home to several leading clean tech companies, including X-energy and Liatris.
From innovative financial institutions and AI leaders to biopharma and clean tech companies that are developing technologies that are shaping to future, Montgomery County continues to remain a place where companies can start and scale quickly.
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The 16th Annual Tribute to America’s Veterans concert will take place on November 8 at Cissel-Saxon American Legion Post 41 in Silver Spring, featuring The Patty Reese Band, with food and drinks available for purchase, and a guest speech by retired U.S. Navy Captain Cynthia Izuno Macri. (more…)
Earlier this week, we reported that Maryland Attorney General Anthony Brown issued a cease-and-desist letter to the Center for Voter Information/Voter Participation Center, ordering it to stop sending intimidating letters to Maryland voters threatening to disclose their voting status to neighbors, which violates state and federal laws. On Friday, the Attorney General’s Office received assurances from the CVI/VPC that it will cease all mailings referencing voter participation and will not publicize any voter-specific data.
On August 22, the New Neighbor Interfaith Alliance (NNIA) will host the 2026 Set Them Up for Success Volleyball Tournament and Family Fun Day from 9 am-4 pm at the Interdenominational Church of God in Gaithersburg, gathering volleyball teams, faith community members, and the public to raise funds to help recent refugees in Montgomery County attain independence.
An interfaith non-profit alliance of 37 faith communities and civic groups, NNIA raises funds to help resettled refugees with rental assistance, deferred medical care, English language skills and job placement. They also hope to expand their volunteer numbers to help more beneficiaries with job assistance, reliable transportation, and mentoring.
You’re Invited to the Community Fall Dance! 🍁
Join us for a fun, free evening of music, dancing, and community under the stars!
Maryland-National Capital Park Police have arrested 76-year-old Steven Eisen of Silver Spring on charges of indecent exposure and possession of child pornography following an intensive investigation. Police are seeking information on additional potential victims. Eisen was previously arrested for indecent exposure by Montgomery County Police in August 2021 and by Park Police in February of this year.
Last week, we reported that ongoing plumbing issues have forced all restaurants in the Woodley Gardens shopping center in Rockville, including Carmen’s Italian Ice, Shanghai Taste, and Z&Z, to temporarily close for repairs. Initially hoping to reopen by Halloween, it now appears the closures will likely extend through the first week of November. (more…)
Montgomery county Fire and Rescue Services (MCFRS) responded to a car fire on Rockville Pike and Tuckerman Lane in North Bethesda at approximately 7:30pm Friday evening.
MCPS High School Playoff Scores for Nov 01, 2024 can be seen below. Week 9 MCPS Football scores can be seen here.
According to District 3 Montgomery County Police Department (MCPD) Commander Jason Cokinos, a driver crashed into his police vehicle during a traffic stop overnight (photos below).👇
The City of Rockville, in collaboration with the Montgomery County Road Runners Club, will host the Rockville 10k/5k run on Sunday, Nov. 3, starting from King Farm Village Center (more…)
Montgomery County has issued a news release, reminding residents that Election Day is Tuesday, November 5, with county polls open from 7am-8pm.