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Tag: PteroDynamics

PteroDynamics to expand into new space in Colorado Springs Colorado.

PteroDynamics to expand into new space in Colorado Springs Colorado.

August 27, 2021 Craig Etkin

Colorado Springs, Colorado — According to state and local economic development sources PteroDynamics plans to build out new space in Colorado Springs. The company plans to occupy the new space in Colorado Springs, on or…

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According to state and local development sources, DRW Trading Group plans to invest $5 Million to build out 22,927 square feet of new office space in Houston. The project, designed by Gensler, includes the General Demolition and build-back of existing office space at 1500 Post Oak Blvd on Level 20. DRW currently has office in the galleria area building and is expected to occupy the newly renovated space late in the fourth quarter of this year. The building known as BHP Billiton Tower is in the heart of the Houston uptown district in the Four Oaks Place office complex. The 30 story, LEED Certified, building was completed in 2016.

DRW identifies and capture's trading and investment opportunities globally. What sets them apart is their diversified approach trading across many asset classes and instruments, in markets around the world, with horizons from seconds to years. They succeed by leveraging technology, research and risk management to offer the best of both worlds: the opportunity and spirit of a startup and the benefits and stability of an established, experienced firm. DRW employees work hard to solve interesting problems, and their results are rewarded. They value continuous learning from their outcomes, from the environment and from each other. It's a place of high expectations, deep curiosity, and constant collaboration, with some of the smartest, most passionate people you'll meet.

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Rivian Automotive announced today it has received an $827M incentive package from the State of Illinois Department of Commerce & Economic Opportunity, which will allow the company to expand operations at its plant in Normal, IL. The funds from the incentive package will go towards expansion of the plant, improvements in public infrastructure and job training programs for Rivian’s workforce, leading up to the company’s production of its midsized SUV, R2. Rivian will be participating in several city improvement projects to demonstrate its ongoing commitment to investing in the Illinois economy and community. “We are grateful for this investment from the State of Illinois and for the leadership of Governor Pritzker, President Harmon, and Speaker Welch,” said RJ Scaringe, Rivian Founder and Chief Executive Officer. “The support from the state will allow us to quickly bring our midsize SUV, R2, to market and provide even greater consumer choice for EVs. Governor Pritzker has always been a strong advocate for providing economic opportunities for Illinois residents and business owners alike. We look forward to continuing our close partnership and building upon the success we have enjoyed.”

Rivian is an American automotive manufacturer that develops and builds category-defining electric vehicles and accessories. The company creates innovative and technologically advanced products that are designed to excel at work and play with the goal of accelerating the global transition to zero-emission transportation and energy. Rivian vehicles are built in the United States and are sold directly to consumer and commercial customers. The company provides a full suite of services that address the entire lifecycle of the vehicle and stay true to its mission to keep the world adventurous forever. Whether taking families on new adventures or electrifying fleets at scale, Rivian vehicles all share a common goal — preserving the natural world for generations to come.

Source: https://www.intelligence360.io/ and https://intelligence360.news/

EnviroSpark Energy Solutions announced it has secured a $50 million investment by funds advised by Basalt Infrastructure Partners, a leading mid-market infrastructure equity investment firm focusing on investments in Europe and North America. This investment will fuel EnviroSpark’s mission to revolutionize the EV charging landscape, enabling the Company to rapidly expand its owned and operated network across the US, innovate its cutting-edge technologies and further enhance the accessibility and sustainability of EV infrastructure. Building upon the momentum of its $15M funding round led by Ultra Capital in 2022, Georgia-based EnviroSpark has established itself as a key player in the EV charging market. With a broad footprint of over 8,200 charging plugs across North America, the Company is well-positioned to further advance the adoption of electric mobility.

In a statement, EnviroSpark co-founder and CEO, Aaron Luque said “Securing this substantial funding milestone marks a pivotal moment for EnviroSpark,” “With strategic support from Basalt, we are poised to accelerate our mission of fostering sustainable transportation solutions. This investment not only fuels our expansion efforts but also reinforces our commitment to making electric mobility accessible and convenient for all.” Founded in Atlanta GA by Aaron and Stephanie Luque in 2014, EnviroSpark is an industry leader in the turnkey design, installation and operation of EV charging solutions. The company was founded with two missions: to raise awareness around the benefits of electric vehicles and to build a more robust EV charging infrastructure. Responsible for more than 8,200 installations of charging plugs across North America to date, EnviroSpark addresses the pain points of property owners and drivers by enhancing EV accessibility in customer-friendly ways.

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