Business

Senseonics Holdings, Inc. is a Germantown-based medical technology company focused on the development and manufacturing of glucose monitoring products designed to transform lives in the global diabetes community with differentiated, long-term implantable glucose management technology.

On Friday, the company announced FDA approval of the world’s first and only long-term implantable continuous glucose monitoring system. Per the release, “it now offers patients exceptional accuracy for 6 months.”


Business

CRH Healthcare enters Montgomery County Maryland market in partnership with Adventist HealthCare by acquiring 3 Urgent Care centers

CRH Healthcare, an operator of urgent care centers in Alabama, Florida, Georgia, and Maryland has acquired Adventist HealthCare urgent care centers in Germantown, Rockville, and Laurel, the companies announced in a press release earlier this month.


Business

Amentum is a premier global technical and engineering services partner supporting critical programs of national significance across defense, security, intelligence, energy and environment. Headquartered in Germantown, Md., the company employs more than 37,000 people in all 50 states and performs work in 105 foreign countries and territories.

Earlier this week, the company announced the U.S. Air Force has awarded DynCorp International LLC, an Amentum subsidiary, a $147 million contract to provide maintenance and sustainment services in support of the U.S. Air Forces in Europe Global Prepositioned Materiel Services program. The contract consists of a base year and eight option years.


Bethesda

Bethesda’s Donohoe Hospitality Services is a leading hotel management company dedicated to excellence in service while providing outstanding performance for its owners and partners. Founded in 2005, Donohoe Hospitality Services is a division of Donohoe, an iconic real estate service company established in 1884.

Yesterday, the company announced promotions Cheryl Haughton to vice president, new builds, transitions & major renovations and Michael Golembe to vice president of operations.


Business

Quantum Space was founded in 2021 in Rockville by a trio of space industry veterans, Kam Ghaffarian, Steve Jurczyk, and Ben Reed. With emphasis on rapid technological advancement while lowering the cost to access cis-lunar space, the company is focused on enabling a future where innovation and sustainability meet propelling human progress, economic growth and expanding space access, and its vast ability to improve life on Earth.

Last week, Quantum Space announced place for a space venture focused on developing the first commercial lunar robotic outpost


Business

Stretch Zone, the nation’s first and largest practitioner-assisted stretching company, continues expanding throughout the United States with its first Maryland location now open in the Kentlands neighborhood of Gaithersburg. Stretch Zone takes over the former GNC location at 251 Kentlands Blvd, the former home of GNC.

Stretch Zone, the company that brought practitioner-assisted stretching to the public and introduced a new vertical in the health and wellness industry, closed out 2021 with a record-breaking year of milestones, from its fastest growth of studio openings to its highest-revenue year.


Bethesda

Bellwether Enterprise Real Estate Capital LLC (BWE), the commercial and multifamily mortgage banking subsidiary of Enterprise Community Investment Inc. (Enterprise), announced in January that it acquired Bethesda-based, Phillips Realty Capital (Phillips).

Based in Bethesda, with offices in Alexandria, Charlottesville and Richmond, VA, Phillips has been a fixture in the Washington, D.C. real estate community for 85 years. Led by C. Stephen Shaw, Jr., now executive vice president, the team of experienced commercial real estate finance professionals will now be part of a national, privately-owned platform that will provide expanded financing solutions for its clients.


Business

It has been just under a year since Bark Social opened its gates in Pike & Rose, adjacent to Rose Park and next to Julii and Jinya. BizJournals reports that the “social club for dogs and their owners has raised another $2 million to fuel its growth in Greater Washington and other metro areas along the East Coast.” Per the report, it’s the latest of three funding rounds for the company, for a total of around $5.3 million. Bark Social will start with a new location in Baltimore (Canton) and plan on at least two more locations in D.C. and Philadelphia to be announced soon.

The existing venue consists of a 25,000 square foot dog park plus a 2,500 square foot climate controlled clubhouse as well as a bar/cafe and gift shop. The dog park is off-leash and monitored by trained professionals at all times and there is a separate area for small dogs as well.


Business

New solar PV system will generate 20% of the office building’s electricity needs each year

Yesterday, The Tower Companies and Prospect Solar, LLC announced that The Tower Building, located at 1101 Wootton Parkway in Rockville, flipped the switch on Tower’s largest on-site solar photovoltaic (PV) system. The project is also the largest solar PV Canopy installation in the City of Rockville and will contribute to Maryland’s long-term goal of net-zero GHG emissions by 2045.


Bethesda

The United States Department of Defense announced the contract awarded to Bethesda’s Lockheed Martin

Lockheed Martin, which is headquartered in Montgomery County, has been awarded a $1,420,000,000 indefinite-delivery/indefinite-quantity contract for the C-130J mission sustainment support effort.


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