MoCo

For Immediate Release: Tuesday, November 2, 2021

Rockville, Md., Nov. 2, 2021—Today the Council unanimously voted to enact Bill 30-21, Landlord-Tenant Relations – Restrictions During Emergencies – Extended Limitations Against Rent Increases and Late Fees sponsored by Councilmember Will Jawando.


Silver Spring

A pickup truck with an attached food service trailer caught fire at the Shell gas station at 12401 Georgia Ave on Wednesday morning around 9:30am.

Chief Spokesperson for Montgomery County Fire & Rescue Pete Piringer reports that the the truck caught fire at the gas pump and was well-involved (engulfed) before being extinguished.


Sponsored

Montgomery County, Maryland, has long been known as one of the nation’s premier hubs for life sciences and technology but recently, the County has gained global recognition for another high-growth industry: satellite and advanced communications.

The roots of the County’s satellite ecosystem stretch back decades. The former COMSAT Laboratories in Clarksburg helped establish the foundation of modern satellite communications technology and continues to shape the industry today. That legacy directly contributed to the growth of companies like Hughes Network Systems, headquartered in Germantown, which is widely recognized as a pioneer of satellite internet technology and continues to employ nearly 1,000 people locally.

Home to over 120 satellite and advanced communications companies employing approximately 4,500 workers across the region, Montgomery County’s growing prominence in advanced antenna, satellite communications, and space technologies, includes the presence of visionary business leaders, like Eric Sung, CEO of Intellian Technologies who has dubbed the area “Satellite Valley” in recognition of its growing industry concentration and momentum. Intellian, which selected Rockville for its first U.S.-based Advanced Development Center, committed a $100 million investment to develop advanced satellite communication technologies, including phased array antennas and portable military-grade terminals designed for next-generation low Earth orbit (LEO) satellite networks. Montgomery County’s concentration of satellite companies, engineering talent, and proximity to government and defense stakeholders made the region a strategic fit for their expansion.

A leading global provider of stabilized satellite communication and satellite TV antenna systems with more than 70 employees located in Montgomery County, Intellian was one of the businesses featured in a special report from the Financial Times’s fDi Intelligence released in May, highlighting the region’s expanding technology ecosystem. From legacy industry pioneers to fast-growing international companies, such as Thales Defense & Security, Montgomery County offers a deep talent pool with technical expertise, proximity to federal agencies, and highly welcoming and diverse communities, allowing it to continuously attract investment from around the world. (more…)


Beyond MoCo

The $48 million sale of River View (7979 E. Boulevard Drive in Alexandria, VA)– a 16,000 square foot home with an additional carriage home has set a new record for the most expensive home sale in DMV (DC, Maryland, Virginia) history, according to the Washington Business Journal.

The home belonged to the former CEO of Lockheed Martin, Robert Stevens, and was first listed a year ago (October 2020) for $60 million.