Pennsylvania is at the heart of the nation's defense, and a wave of 30 investments announced this week reflect the continuing drive to keep the state at the forefront. Nearly $10 billion in investm...
Read More
Analytics weapons detection and threat intelligence platform ZeroEyes, based in Philadelphia, announced it will invest $10 million into AI/ML research and development. The company said the investm...
Read More
Impossible Metals Inc. said Wednesday it plans to open an Advanced Marine Robotics Hub in Pittsburgh, where the manufacturing company will develop autonomous underwater technology aimed at collecting ...
Read More
JPMorganChase is investing $24 million to help expand shipbuilding and maritime manufacturing in Philadelphia, backing new workforce training, small business suppliers, and a major Navy Yard manufactu...
Read More
Voyager Technologies has completed its acquisition of Pittsburgh-based Astrobotic Technology, a move that coincides with a new $298 million NASA contract to support the agency’s lunar exploration ef...
Read More
Lancaster-based Fulton Financial Corp. has completed the merger of Blue Foundry Bank into Fulton Bank, along with the conversion of Blue Foundry Bank's systems to Fulton Bank's banking platform. “W...
Read More
Eos Energy Enterprises, Inc., headquartered in Pittsburgh announced it had appointed Haiyan Song to its Board of Directors. The zinc-based long-duration energy storage (LDES) company said the Song...
Read More
The U.S. Army Contracting Command – Redstone recently awarded Carbondale-based Gentex Corp., a flight equipment supplier, with a five-year indefinite delivery, indefinite quantity contract with a po...
Read More
Cranberry Township-based MSA Safety Incorporated, an industrial safety technology products and solutions company, recently completed its purchase of Norway-based Autronica Fire and Security, an alarm ...
Read More
PNC Bank, a member of The PNC Financial Services Group, one of the largest diversified financial services institutions in the United States, is introducing a new mobile banking app in a phased rollout...
Read More
Mitsubishi Chemical Advanced Materials, a subsidiary of Japan-based Mitsubishi Chemical Group, plans to invest $20.3 million to expand its Reading operations. “This investment reflects Mitsubishi...
Read More
Carnegie-based Ampco-Pittsburgh Corp., a manufacturer of high-performance specialty metal products and customized equipment, recently announced that customer order activity for the first half of the y...
Read More
Philadelphia-based oncology company FORE Biotherapeutics recently closed on an upsized $67.4 million Series D-2 extension financing, bringing the total Series D-2 funding raised to $110 million. Proce...
Read More
Pittsburgh-based KeyLogic, LLC, a leading provider of advanced energy systems analysis, said it has been selected to lead an initiative to study energy infrastructure redevelopment. KeyLogic will ...
Read More
Hyperion Bancshares, the parent company of Philadelphia-based Hyperion Bank closed on an oversubscribed $14.7 million capital raise on schedule on June 1. The offering consisted of $8.6 million in com...
Read More
North Carolina-based Curtiss-Wright Corporation announced it would spend $80 million to expand its operations at its facility in Cheswick, Pa. The multi-year investment is part of the company’s N...
Read More
Allegheny Health Network (AHN) and Heritage Valley Health System recently finalized an affiliation agreement that was announced in October after receiving state and federal regulatory approval. "...
Read More
Virginia-based BWX Technologies, a defense and space manufacturing company, recently completed its purchase of York-based Precision Components Group, a complex, heavy-walled and heat-transfer componen...
Read More
Reju, a French textile-to-textile materials regeneration company, recently opened a research and development center in Conshohocken. The location is the company's first dedicated research facility in ...
Read More
Canonsburg, Pa.-based CONSOL Innovations, LLC announced it has been selected for a multi-million dollar grant from the U.S. Department of Energy’s Office of Critical Minerals and Energy Innovation. ...
Read More