Member news: August 2023
Alibaba.com CoCreate: Partner with the world’s largest e-commerce company and expand your business at Las Vegas event
On September 7-8 in Las Vegas, Alibaba.com, the world’s largest eCommerce platform, wants Arizona Technology Council members to join at its first ever in-person business development conference, CoCreate. The CoCreate event is essential for Arizona business entrepreneurs, B2B professionals, and industry leaders looking to immerse themselves in a collaborative atmosphere of entrepreneurs and elevate their businesses and supply chains to reach hundreds of millions of customers. Read more >>
GPEC, Startup Island Taiwan ink agreement to foster business collaboration
The Greater Phoenix Economic Council and the office that promotes Taiwan’s startup sector are forming a partnership to spur future business collaboration in emerging tech sectors and help more Taiwanese companies gain a foothold in Arizona. GPEC and Startup Island Taiwan — with support of the National Development Council of Taiwan — inked a memorandum of understanding Aug. 17 in Taipei that recognizes a commitment to expand joint business missions and investment opportunities for Taiwan’s startup community in the Valley. Read more >>
Intel enters partnership to advance chip foundry goals
Intel Corp. is building on a key partnership to help it boost its semiconductor foundry business. Intel (Nasdaq: INTC) and Synopsys (Nasdaq: SNPS) announced an agreement Monday in which Intel uses Synopsys intellectual property and electronic design automation for its Intel Foundry Services customers. The chipmaker’s foundry business is a key part of its yearslong effort to regain semiconductor manufacturing leadership in the face of stiff market competition — an effort that includes a major expansion of its Valley operations that employ more than 12,000 people. Read more >>
Raytheon wins $322.5 million Army contract for versatile missile system
The U.S. military has awarded a $322.5 million contract to Raytheon Land & Air Defense Systems for tube-launched missiles for the U.S. Army. Under the contract, the Tucson-based division of Virginia-based defense giant RTX (NYSE: RTX) will produce tube-launched, optically tracked, wireless-guided 2B missiles for the Army, with work scheduled to be completed by the end of September 2026. The missiles are part of Raytheon’s TOW weapon system, which the company describes as a long-range precision system that ground forces and others can use against tanks and other armored, wheeled and amphibious threats in any environment or condition. Read more >>
GT Medical Technologies awarded the Arizona Bioscience Company of the Year for disrupting the status quo in brain tumor treatment
The Arizona Bioindustry Association, Inc. (AZBio) announced that GT Medical Technologies, Inc. (GT MedTech) will be honored as the Arizona Bioscience Company of the Year at the 2023 AZBio Awards and 20th Anniversary Celebration on Sept. 27 in Phoenix, Arizona. Driven to improve the lives of patients with brain tumors, a group of brain tumor specialists and medical device experts joined forces to reimagine brain brachytherapy for operable glioblastomas (GBMs), meningiomas, and brain metastases. Read more >>
Scottsdale Area Chamber of Commerce announces finalists for the prestigious 37th annual Sterling Awards
The Scottsdale Area Chamber of Commerce is proud to announce the finalists for the 37th Annual Sterling Awards. As one of the Valley’s most highly regarded and competitive business awards, this year’s 12 finalists represent more than just innovation and excellence – they reflect an ongoing commitment to civic service in Scottsdale and the Valley. Join us as we recognize these outstanding businesses who bring excellence, innovation, and community stewardship to both their business and to Scottsdale! Read more >>
‘Galactic 02, safe and sound’: Virgin Galactic flies private astronauts into space for first time
Virgin Galactic — the company that will be building its spaceships at a new plant under construction in Mesa — sent a crew of private astronaut passengers into space from New Mexico’s Spaceport America Thursday morning for the first time in the space tourism company’s near 20-year history. A gaggle of media inside Virgin Galactic’s “Gateway to Space” hangar — the centerpiece building at Spaceport America located about 25 miles southeast of Truth or Consequences — and onlookers outside the Spaceport’s security fence peered up through clear morning skies as VSS Unity, Virgin’s spaceship, carried a four-person crew nearly 55 miles above the southern New Mexico desert. Read more >>
Axon files plans for huge corporate HQ site, and more, in north Scottsdale
Nearly three years after a major purchase of north Scottsdale land, Axon Enterprise Inc. submitted a proposal that outlined its vision to turn that vacant land into its new corporate headquarters — and much more. The Scottsdale-based law enforcement technology company filed a rezoning case with the city of Scottsdale on Tuesday that will eventually be heard by Scottsdale’s planning commission and City Council. The 74 acres Axon owns at the southeast corner of Loop 101 and Hayden Road would essentially be split into three portions: Axon’s headquarters on the east end and a residential, retail and hotel component on the west side. More than four acres of the parcel are earmarked for civic use. Read more >>
Five prominent business leaders join University of Arizona Tech Parks governance
Tech Parks Arizona is pleased to announce the appointment of five new members to the board of directors which oversees the University of Arizona’s tech parks. The University of Arizona Tech Park (UA Tech Park) and The UA Tech Park at The Bridges are owned by the Arizona Board of Regents (ABOR) on behalf of the University of Arizona. Campus Research Corporation (CRC) a 501(c)3 non-profit corporation was established to maintain, develop, operate, market and lease the parks to support the educational, research and land grant mission of the University of Arizona. The CRC board of directors support Tech Parks Arizona’s leaders in creating long-term sustainability and meaningful impact in the community, region and state. Read more >>
GateWay Community College maker space yields $36M economic impact, GPEC finds
Phoenix Forge, the open-to-the-public maker space at GateWay Community College in Phoenix, is expected to produce $36 million in economic output, according to the Greater Phoenix Economic Council. GPEC’s regional impact analysis of the space also found that Phoenix Forge would generate an estimated $1.4 million in tax revenue and $16.5 million in personal income. The figures were announced this week by GateWay Community College, one of 10 schools in the Maricopa County Community College District. Read more >>
Hobbs announces new worker safety partnership with TSMC
Gov. Katie Hobbs visited the site of Taiwan Semiconductor’s new facility in north Phoenix to announce a new worker safety partnership for construction workers following reports of accidents and alleged safety violations at the site. Hobbs, Industrial Commission of Arizona Director James Ashley and TSMC Arizona President Brian Harrison signed on to the new voluntary workplace safety agreement. “Under this agreement, TSMC will adhere to requirements higher than those at the federal level,” Hobbs said. Read more >>