Hughes ground system to enable 100 Gbps on the Nusantara Lima satellite to help bridge the digital divide
Hughes Network Systems, LLC (HUGHES), a Germantown-based innovator in satellite and multi-transport technologies and networks for 50 years, announced that PT Pasifik Satelit Nusantara (PSN), the oldest private telecommunication and information service provider in Indonesia, selected the Hughes JUPITER™ System to enable services on the Nusantara Lima very high-throughput satellite.
Update: Sale price of team in 2006 was corrected to $450 million.
The Washington Post has reported that the Lerner family has begun the process of exploring possible changes to the team’s ownership structure, including the possibility of selling the team. Current Chevy Chase resident Ted Lerner, 96, purchased the team from Major League Baseball in 2006 for $450,000,000.
Forbes has released its 36th annual ranking of the world’s richest people with the 2022 ‘World’s Billionaire List.’
2,668 people made it on the list, 87 fewer than a year ago. They’re worth a collective $12.7 trillion—$400 billion less than in 2021.
Acquisition brings together two of the best private, open-air platforms in the U.S., specializing in the ownership and management of neighborhood-driven convenience and necessity retail.
Press release:
ProShares, the Bethesda-based ETF provider who launched the first bitcoin-linked ETF in the United States last year, has announce the opening of its new headquarters at The Wilson on Wisconsin Avenue in Bethesda, a sign of the fast-growing asset management firm’s commitment to the Greater Washington D.C. area.
ProShares has more than doubled in size over the past three years to over $70 billion under management, while launching innovative products like BITO, the first-ever bitcoin-linked ETF in the United States, and VERS, a new thematic ETF that allows investors to access the companies shaping the metaverse. The firm has grown to more than 160 employees, most of whom will work out of its new downtown headquarters.
Per MCPD:
For Immediate Release: Monday, April 4, 2022
Early data from landmark study shows rapid whole genome sequencing (rWGS) provided diagnostic insights for more than half of newborns who received testing; one-third had no previously documented clinical suspicion of a genetic condition
GeneDx, LLC, is a global leader in genomics headquartered in Gaithersburg, providing testing to patients and their families worldwide. Originally founded by scientists from the National Institutes of Health, GeneDx offers a world-renowned clinical genomics program with particular expertise in rare and ultra-rare genetic disorders.
Curiosity Stream is a Silver Spring-based media company and subscription video streaming service that offers documentary programming including films, series, and TV shows. It was launched in 2015 by the founder of the Discovery Channel, John S. Hendricks
“We are thrilled to announce that we exceeded our revenue target for the second year in a row, exceeding $71 million in 2021 as our investments in content, people, and technology continued to bear fruit,” said Clint Stinchcomb, President & CEO. “Over the past year, we have more than doubled the size of our content library, and our 2022 content slate promises to be our biggest and best yet. Later this year, we plan to better align the value we bring to our subscribers with new subscription plan pricing. As a mission-driven company, we are relentlessly focused on satisfying humanity’s enduring curiosity about our world. Looking ahead to the remainder of 2022 and beyond, we are excited to fulfill our mission by delivering premium factual content that informs, enchants, and inspires.”
QIAGEN, a Netherlands-based holding company with its U.S. headquarters in Germantown, is the leading global provider of Sample to Insight solutions that enable customers to gain valuable molecular insights from samples containing the building blocks of life.
Used to test patients in over 130 countries, the fourth generation QuantiFERON®-TB Gold Plus assay identifies interferon-gamma released by T-cells following recognition of TB specific antigens as a marker of TB infection. Interferon gamma release assays (IGRA) require only one patient visit to a healthcare provider and are more accurate than the traditional two-visit skin test that has been used for over a century to detect the latent form of the infection.
Per the City of Takoma Park:
The City of Takoma Park is awarding grant funds to support local small businesses in the City. The Department of Housing & Community Development is releasing these funds as a grant to eligible small businesses. The full grant application can be found here:
Southern Management Cos has written a letter to Montgomery County Executive Marc Elrich and the County Council, on behalf of 48 Montgomery County Apartment communities and 14 multi-family owner/developers/managers, expressing their concern with the rent hike cap, citing various reasons.
The full letter can be seen below.