Tag: oedit
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Aerospace research company chooses Fremont County for expansion
Narravity Inc., an aerospace research and technology firm, announced Thursday that it will expand into Fremont County. The company specializes in designing and testing orbital laboratory equipment and the tools needed to conduct experiments in microgravity. It will use money from the state’s Rural Jump-Start program, meant to support “economic development and job creation in…
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Five big things from Space Symposium, just in case you missed them
The 41st Space Symposium has concluded after drawing more than 300 exhibitors and an overall attendance of 11,000 during its six days at The Broadmoor. Put on by the Space Foundation, a nonprofit space advocacy group headquartered in Colorado Springs, the annual Symposium is the world’s largest gathering of commercial, military and governmental figures in…
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Colorado awards $26M in tax incentives to keep aerospace company in state
A technology company in the aerospace and defense industry is looking to expand and could bring 1,250 jobs to Colorado if it chooses to continue growing in the state. The Colorado Economic Development Commission approved $26 million in job growth incentive tax credits on Thursday for an unnamed company called “Project Hera.” (The commission often…
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$2 million in incentives approved for unnamed aerospace company looking to expand into El Paso County
An aerospace company looking to expand its Department of Defense operations is eyeing El Paso County, according to the Office of Economic Development and International Trade. The company, which OEDIT did not name, has been assigned the name “Project Oak.” It is a common practice for companies to remain unnamed through the incentive process of…
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AI company BoodleBox selects Colorado Springs for headquarters
BoodleBox, a company that makes a collaborative tool that combines various generative AI tools into one, streamlined platform, on Friday selected Colorado Springs as its headquarters. The company chose Colorado Springs because of its connection to colleges and universities and access to tech talent, a news release from the Office of Economic Development and International…