Biz Journals recently released a list of D.C. area banks that have proposed to close. Below you’ll see the Montgomery County locations that are on the list, some of which…
Business
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Clarksburg
Clarksburg-Based Robotic Research/RR.AI Announces $228 Million Series A Funding Round to Scale Autonomous Technology Commercially
by MCS StaffCLARKSBURG, Md.–(BUSINESS WIRE)–Robotic Research, a global leader in autonomous mobility and robotics solutions, today announced a $228 million funding round—the first outside capital the company has raised. This funding will…
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ProShares, a premiere provider of ETFs based in Bethesda, launched the first bitcoin-linked ETF in the United States (NYSE Ticker: BITO) back on October 19th. After the October launch, over…
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BethesdaBusiness
Bethesda-Based Condor Hospitality Trust, Completes Sale of Company’s 15 Hotels
by MCS StaffCondor Hospitality Trust, Inc. (NYSE American: CDOR) (the “Company”), a hotel-focused real estate investment trust (“REIT”) headquartered and incorporated in Bethesda, Maryland, today announced that it has completed the sale…
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Germantown
Pradman Kaul of Germantown-Based Hughes Network Systems Receives 2021 AIAA Aerospace Communications Award
by MCS StaffHughes Network Systems, LLC (HUGHES), an innovator in satellite and multi-transport technologies and networks for 50 years, announced today that American Institute of Aeronautics and Astronautics (AIAA) awarded Pradman P.…
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IPO, Private Investment and Venture Capital Funding Tops $18 Billion in More than 76 Companies Across Life Sciences, Health Tech, Media and Quantum Industries Per MCEDC: Thus far in 2021, a record…
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Beyond MoCoMoCo
Seven MoCo Businesses Make Biz Journals’ “75 Fastest Growing Companies in Greater Washington” List
by MCS StaffSeven businesses based in Montgomery County have made the Washington Business Journals 2021 “75 Fastest Growing Companies in Greater Washington” list, including the company who has seen the second most…
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BurgerFi has reached an agreement to acquire Anthony’s Coal Fired Pizza & Wings, according to a press release that came out earlier this morning. BurgerFi currently has two MoCo locations,…
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27 MoCo Companies make the WaPo Top Workplaces 2021 MCEDC recently congratulated 27 Montgomery County based businesses for making the Washington Post’s Top Workplaces 2021 list. Separated into largest, large,…
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Two MoCo Businesses Make 2021 Fortune 500 List Marriott International and Lockheed Martin, two long-time Bethesda companies have once again made the annual Fortune 500 list. Lockheed Martin, an aerospace…