DMC Global (NASDAQ: BOOM) has revealed key governance changes as part of its ongoing strategic review process, coinciding with an update on its business conditions and revised third-quarter financial guidance. In a move to enhance leadership stability, the company announced that James O’Leary will take on the role of executive chairman, with Ouma Sananikone appointed…more
CoorsTek, a Golden-based manufacturer of advanced technical ceramics, has announced the grand opening of its third factory in Gumi, Gyeongsangbuk-do, South Korea. Since entering South Korea in 1992, CoorsTek has invested in research and manufacturing facilities at its Gumi factory. The new Gumi third factory aims to respond to the fast-changing demands of the semiconductor…more
Lifeloc Technologies Inc. (OTC PINK:LCTC), a Wheat Ridge-based provider of breath alcohol testing devices, appointed Adam Kashenberg to its board of directors, effective July 23. Kashenberg is the president and CEO of Colorado Biolabs Inc. “We are pleased to welcome Adam to Lifeloc’s board,” said Vern Kornelsen, Lifeloc’s CFO and board chair. “Adam is an…more
NASA, representing the National Oceanic and Atmospheric Administration (NOAA), has tapped Lockheed Martin Corp. to assemble the spacecraft for NOAA’s Geostationary Extended Observations (GeoXO) satellite program. The contract, valued at approximately $2.27 billion, covers the creation of three spacecraft and offers options for four additional ones. Lockheed Martin will carry out the work in its…more
Ball Corporation’s board of directors has announced the appointment of Aaron Erter, CEO of James Hardie Industries plc, as its newest director. James Hardie Industries is recognized as the world’s primary producer and promoter of high-performance fiber cement siding and fiber gypsum building solutions. Erter, 51, joined James Hardie as CEO in 2022. Prior to…more
The Broomfield arm of BAE Systems is overseeing final tests of the main scientific tool on NASA’s upcoming Nancy Grace Roman Space Telescope. The Wide Field Instrument (WFI) is being developed to detect distant infrared light across the universe and deliver high-resolution imagery spanning broad sections of the sky. Its goal is to allow scientists…more
Michael Coors, a distinguished alum of the Colorado School of Mines and current CEO of global technical ceramics supplier CoorsTek Inc., has been appointed to the institution’s Board of Trustees. Governor Jared Polis made the announcement of Coors’ appointment, with his tenure slated to last four years, ending in December 2027. CoorsTek, with its headquarters…more
CPI Card Group Inc., a leading provider in payment technology and credit/debit/prepaid solutions, has announced the appointment of Ravi Mallela to its Board of Directors. Effective from Nov. 15, 2023, Mallela will serve as an independent member of the board and will also be part of the board’s Audit Committee. Mallela is currently the chief…more
Viega, an industry leader in press technology, has announced plans to construct a new manufacturing facility in Shalersville, Ohio. The company, renowned for its ProPress and MegaPress products, aims to break ground this November, with the facility slated to be operational by early 2025. Markus Brettschneider, CEO and President of Viega LLC, is enthusiastic about…more
The U.S. Government has issued a contract to Colorado-based commercial space company Sierra Space for the development of advanced upper-stage rocket engines. Sierra Space, a subsidiary of privately held Sierra Nevada Corporation (SNC), is known for its suite of innovative space technologies and vehicles. The contract is part of an initiative towards U.S. independence in…more