Honeywell announced an equity capital raise of approximately $600 million for Quantinuum, a Broomfield company developing advanced quantum computers, at a pre-money equity valuation of $10 billion. This raise includes participation from existing shareholders like JPMorganChase and new investors such as MESH and Korea Investment Partners. The funding aims to advance quantum computing technology, particularly…more
Loft Orbital Federal LLC has received a task order from NASA as part of the agency’s Flight Opportunities program. This task order will support the integration, launch and on-orbit operations of a mission focused on a fault-tolerant flight computer project. The task order is issued under NASA’s fourth Flight Opportunities indefinite delivery/indefinite quantity contract, which…more
Ball Corp. has completed the sale of 41% of its ownership interest in the Ball United Arab Can Manufacturing Company (UAC) in Saudi Arabia to a subsidiary of ORG Technology Co., Ltd. for approximately $70 million, subject to customary closing adjustments. This transaction marks a deepening of the relationship between Ball and ORG while allowing…more
Viega North America will hold a ribbon-cutting ceremony for its new manufacturing, distribution and training facility in Mantua, Ohio, on Sept. 4, 2025. This event marks a significant step in the Broomfield-based company’s strategy for North American expansion. The 244,000-square-foot facility represents an investment of $178 million, expected to create approximately 68 new jobs in…more
Broomfield-based Quantinuum, along with Mitsui and QSimulate, has introduced a new quantum-integrated chemistry platform aimed at accelerating drug and materials development. The platform is designed to reduce the time and cost of bringing new products to market across industries such as pharmaceuticals, energy and chemicals. The platform enhances research and development through high-precision modeling of…more
Mesa Laboratories Inc. has executed its financial strategy by repaying $97.5 million of its Convertible Senior Notes that were due on Aug. 15, 2025. To fund this repayment, the company drew $97 million under its existing Credit Agreement, bringing its total outstanding balance to $108 million. The proceeds from this drawdown were utilized to settle…more
CPI Card Group Inc. (Nasdaq: PMTS), a Littleton payments technology company specializing in secure card and digital solutions, has joined three leading industry associations in a strategic move to broaden its offerings across the finance, insurance and fintech markets. The company has joined INFiN, the National Association of Mutual Insurance Companies, and the Banking-as-a-Service Association.…more
Ball Corp. (NYSE: BALL) reported on July 30 that its board of directors has elected Edmund “Ted” Doering as the company’s new chief information officer (CIO). Doering joins Ball with more than 30 years of experience in global IT leadership. He most recently served as executive vice president and CIO at Berry Global. Prior to…more
CoorsTek Inc. has officially opened its CoorsTek Academy Training Center in Golden, following a ribbon-cutting ceremony on July 16. The event included company leaders, state officials and industry partners, highlighting a significant step in enhancing the region’s manufacturing workforce. Funded in part by the State of Colorado’s Opportunity Now grant, the Academy aims to prepare…more
Terra CO2, a Golden-based company focused on low-carbon building materials, has raised $124.5 million in Series B funding to expand its sustainable cement production capabilities. The funding round was co-led by Breakthrough Energy Ventures, Eagle Materials, GenZero and Just Climate, with significant contributions from Barclays Climate Ventures and other strategic investors including Prologis, Cemex and…more
The Boppy Company LLC, a Golden company known for its nursing pillows, is introducing a new baby posture seat aimed at supporting healthy development. The Proper Posture Floor & Booster Seat is designed to promote proper spine alignment and hip positioning as babies grow. The 2-in-1 seat is intended for children aged 4 to 36…more
Sunshine Enclosures has introduced a new manufacturing line for Mylar pouches at its facility in Golden. This initiative signifies a key step in the New York company’s efforts to enhance its packaging solutions for customers throughout North America. By moving Mylar bag production in-house, Sunshine Enclosures aims to shorten lead times, improve quality control and…more