Featured News
Fairfax Companies Help Virginia Earn Golden Shovel Award; 17 Employers Honored for Commuter Excellence
Area Development Recognizes Two Fairfax NOVA Companies for Gold Shovel Award From life sciences to national security, Virginia’s diverse economy is cultivating a winning formula for economic growth and earning national recognition. The Commonwealth has been named a 2026 Gold Shovel Award recipient by Area Development, recognizing the nation’s top-performing states for attracting transformative investment, creating high-quality jobs, and building long-term economic competitiveness. Virginia stood out for its ability to secure major wins across a wide range of industries, including semiconductors,…
FAIRFAX COUNTY ECONOMIC DEVELOPMENT AUTHORITY ANNOUNCES GEORGE D. THOMAS AS NEXT PRESIDENT AND CEO
FAIRFAX COUNTY, VA — The Fairfax County Economic Development Authority (FCEDA) Commission today announced the appointment of George D. Thomas as its next President and Chief Executive Officer, opening a new chapter of growth, innovation, and global competitiveness for one of the nation’s most dynamic economies. A globally recognized economic development executive, technology strategist, and coalition builder, Thomas brings more than 25 years of leadership experience across economic development, technology, infrastructure, investment attraction, workforce development, and public-private partnerships. His appointment…
Applied Atomics Emerges from Stealth with More Than $500 Million in Demand Commitments to Build Star Reacher Network, the Next Infrastructure Layer of the Space Economy
Fairfax County, Virginia — Applied Atomics, a transatlantic aerospace and defense company building Star Reacher Network, the first in-space mobility network, emerged from stealth and entered the U.S. market today with more than $500 million in letters of intent and memoranda of understanding, a $4 million, oversubscribed pre-seed financing round led by Oxford Science Enterprises, an a growing portfolio of partnerships spanning the United States, Europe, and the United Kingdom. “The biggest constraint in space is no longer getting there,…