Berwyn–based Virpax Pharmaceuticals, a company developing branded, non-addictive pain management products, recently closed on a $2.5 million loan financing from an institutional investor which enabl...
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Scranton-based Signallamp Health, a healthcare company specializing in remote chronic care management, and Accuhealth, a Texas-based a healthcare technology company, recently announced their merger. ...
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The U.S. Food and Drug Administration (FDA) recently approved the Investigational New Drug application for VET3-TGI, a drug developed by Pittsburgh-based KaliVir Immunotherapeutics for patients with i...
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King of Prussia-based Sila Services, a leading home services platform, recently purchased Falls Creek-based Gary & Sons, a heating and cooling company. Gary & Sons "has built an incredible ...
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On July 1, state lawmakers relaunched the bipartisan, bicameral Pennsylvania Nuclear Energy Caucus in an effort to help facilitate the commonwealth’s nuclear future. Caucus co-chairs, Pennsylva...
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U.S. Reps. Mike Kelly (R-PA) and Brad Wenstrup (R-OH) recently offered a bipartisan bill in Congress that would temporarily suspend duties on imports of titanium sponge, an essential raw material used...
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The Robotics Factory, a program designed to create, accelerate, and scale robotics startups in the Pittsburgh region, recently accepted five companies into the second cohort of its Accelerate program....
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Easton-based Victaulic, a pipe joining and flow control systems company, plans to invest $100 million to expand its Lawrenceville foundry. The company plans to build a 60,000 square-foot machine sh...
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Gov. Josh Shapiro recently signed into law Senate Bill 1084, which modernizes the Uniform Commercial Code (UCC). The bill, now Act 41 of 2024, amends Title 13 (the commercial code) and Title 20 (de...
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Ambler-based Bradford White Corp., a water heater, boiler and storage tank manufacturer, recently purchased Massachusetts-based Heat-flo, a stainless steel indirect water-heating and hydronic storage ...
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Piasecki Aircraft Corp. continues to thrive in Pennsylvania, where the award-winning developer of vertical lift aircraft is expanding operations and adding more jobs. The company, a global lead...
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Credit ratings recently improved for publicly traded Triumph Group Inc., the Radnor, Pa.-headquartered company that designs, develops, manufactures, repairs, and provides spare aerospace and defense p...
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Massachusetts-based Arctaris Impact Investors, an investment firm focused on businesses and community infrastructure projects in underserved communities, recently announced it is investing $7.3 millio...
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New Jersey-based Eos Energy Enterprises, a zinc-based long duration energy storage systems provider with manufacturing facilities in Turtle Creek, recently launched commercial production on its first ...
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The U.S. Department of Energy (DOE) on June 28 awarded formula grants totaling roughly $4.34 million to the State of Pennsylvania and Philadelphia through the Energy Efficiency and Conservation Block ...
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Rio Tinto, a British mining company, plans to use Pittsburgh-based Alcoa Corporation’s ELYSIS technology in an industrial-scale demonstration project in Quebec. The demonstration includes 10 ELY...
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The majority of Pennsylvania’s general acute care hospitals operated at a loss during fiscal year (FY) 2023, according to recent financial analysis by the Pennsylvania Health Care Cost Containment C...
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Cranberry Township-based Westinghouse Electric Co., a nuclear and clean power technologies company, recently used additive manufacturing (AM) to fabricate components. The company manufactured botto...
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American Petroleum Institute Pennsylvania (API PA) recognized “Natural Gas and Oil Day” Tuesday to highlight the commonwealth’s energy advantage and advocate for policies that strengthen its rob...
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The Federal Home Loan Bank of Pittsburgh (FHLBank) recently named David G. Paulson as its next president and CEO, effective Dec. 31. Paulson, the current chief operation officer, replaces Winthrop ...
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