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Member news: September 2024

AZ HR Hub Guest Blog Post: HR Technology – Streamlining Operations to Unlock Strategic Potential

The role of HR technology today is more critical than ever. As businesses continue to evolve, the demands on HR professionals are increasing, requiring them to balance operational tasks with strategic initiatives that drive company growth. The right HR technology can streamline day-to-day operations, freeing up valuable time and resources that HR professionals can use to focus on more impactful, strategic efforts. Read more >>


Crest Insurance Acquires Scottsdale Agency

Crest Insurance Group has announced the acquisition of Dan Weinstein and Associates, a Scottsdale-based insurance agency specializing in group benefit insurance. Read more >>

 

 


Raytheon Gets $478 Million Patriot GEM-T Missile Contract

Raytheon, an RTX business, was awarded a $478 million contract from the NATO Support and Procurement Agency to supply additional GEM-T missiles to Germany.

This contract supports the replenishment of Patriot missiles donated by Germany to Ukraine. Showing their strong support for Ukraine, Denmark, the Netherlands and Norway have agreed to participate in the financing of this procurement. Read more >>


Optiv Guest Blog Post: The Ever-Evolving Cyber Insurance Landscape

Over the past 12 months, organizations have heard the phrases: “ransomware going up,” “hardening cyber insurance market,” “softening security controls,” “reduction in coverage,” “coverage exclusions” and more. The popularity of these phrases suggests that the industry is in disarray or that this market is still experiencing constant change alongside the equally evolving threat landscape. These concepts also validate the value of a comprehensive cyber risk management program with the inclusion of cybersecurity assessments, controls and insurance. Read more >>


DMD Systems Recovery Named on 2024 Inc. 5000 List for the Eighth Time

DMD Systems Recovery, LLC. (DMD) a Reuse First™ IT Asset Disposition (ITAD) services provider, was recognized by Inc. Magazine on the 2024 Inc. 5000, its annual list of the fastest-growing private companies in America. The prestigious ranking provides a data-driven look at the most successful companies within the economy’s most dynamic segment—its independent, entrepreneurial businesses. Read more >>


Critical Path Institute Announces FDA Commissioner Robert Califf to Participate in Opening Session at Inaugural Global Impact Conference

Critical Path Institute (C-Path) is honored to announce that FDA Commissioner Robert M. Califf, M.D., MACC, will participate as a panelist during the opening session of its inaugural C-Path Global Impact Conference (CGIC) on Monday, September 9, at the Washington Marriott at Metro Center. Read more >>


Raytheon-Lockheed Martin joint venture wins contract for Javelin missile system

A joint venture between RTX Corp.’s Tucson-based Raytheon division and Lockheed Martin Corp. was recently awarded a $12,064,180 contract for work on the Javelin missile system.

The deal is a fiscal year 2024 production contract for Javelin missiles and associated equipment that has a total value of $1.3 billion. It’s the first follow-on to an indefinite delivery, indefinite quantity contract first awarded in 2023 to the joint venture. Read more >>


Council Partners with Silicon Desert Maps to Promote Western Tech Sector

The technological landscape in Arizona is booming, and there’s no better way to position your company right at the forefront of this growth than by featuring it on the 2025 Silicon Desert Map and Calendar. As a valued member of the Arizona Technology Council, we are offering an exclusive opportunity to secure your place on the Silicon Desert Map at a special discounted rate. Read more >>


Aurora Innovation Readies Customers for Driverless Operations

Aurora Innovation, Inc. (NASDAQ: AUR) is hosting a two-day Partner Summit where company leaders will share exciting updates, including the introduction of its Partner Success Program and the planned route expansion between El Paso, Texas, and Phoenix, Arizona. Read more >>


Inside Raytheon’s Space Systems Operations facility in Tucson

Powerful air filters kick on every 27 seconds, pulling particles of dust from the air with a steady hum. Workers wear head-to-toe “clean room” suits so nothing on their body contaminates the environment – not even an errant strand of hair.

The measures taken every day at Raytheon’s Space Systems Operations facility in Tucson, Arizona, make sense when you consider the magnitude of the work that happens there. Read more >>


Three NAU programs in the College of Health and Human Services were ranked best in the state of Arizona by US News and World Report

This year, three NAU programs in the College of Health and Human Services were ranked best in the state of Arizona: Occupational Therapy, Physical Therapy, and Physician Assistant Studies. Notably, the NAU Physician Assistant Studies program ranked 27th nationwide, outranking Boston University and sharing the 27th spot alongside Cornell and Yale. Read more >>


Arizona Universities Lead the Way in AI Healthcare Innovations

Artificial intelligence (AI) is rapidly transforming healthcare, and here in the Valley, Arizona State University (ASU) and the University of Arizona (U of A) are blazing the trail in integrating AI technologies into research, clinical settings, and patient care. Read more >>


GCU Scholarship Program Triples in Size

Formerly named the Students Inspiring Students Scholarship, the new Canyon Rising Scholarship has tripled in size and widened its scope, with 305 full-tuition scholarships being awarded to high-achieving, low-income high school seniors in Arizona for the 2024-25 academic year. In addition, 100 of those scholarships now include on-campus housing and meal plans along with the cost of tuition and fees. Read more >>


U of A researchers working to prevent EV battery fires

U of A researchers are developing a framework that uses A.I. and machine learning models to sense, predict and identify lithium-ion battery overheating, known as thermal runaway.

Their goal is that in the future this algorithm could be integrated into an electric vehicle’s battery management system to stop a battery from overheating, and therefore protect drivers, cars, and anything else at risk of being around a battery that could catch fire. Read more >>


Intel lands $3 billion grant to make semiconductors for U.S. military

Intel Corp. has landed a $3 billion federal grant to make semiconductors for the U.S. military, the Santa Clara, California-based company announced Monday.

Intel was awarded the CHIPS Act grant via the Secure Enclave program, which is designed to support advanced chip production for U.S. military and intelligence applications. It’s also intended to ensure access to a domestic supply chain of semiconductors for national security, according to a company release. Read more >>


Tucson-based Raytheon gets $1.19 billion contract to continue missile upgrades

The Tucson-based Raytheon missile building division of RTX (NYSE: RTX) has won a $1.19 billion contract to continue work on a key program to upgrade weaponry for the U.S. Air Force and Navy, as well as for foreign forces.

This deal is the biggest one yet in the Advanced Medium Range Air-to-Air Missile (AMRAAM) program. Read more >>


Huge CHIPS Act grant goes to ASU-led defense microelectronics hub

Federal officials on Tuesday awarded the Southwest Advanced Prototyping Hub with a multimillion-dollar grant to support five microelectronics projects intended to develop and advance technologies for the U.S. military.

Led by Arizona State University, the SWAP Hub will receive $29.6 million through the CHIPS Act for projects in next generation wireless and radio frequency transceiver technologies, AI computing, and radar power and secure processing systems. Read more >>


Governor Hobbs Announces Nearly $8 Million to Support Arizona Small Businesses

Governor Katie Hobbs and the Arizona Commerce Authority announced Arizona will receive a $7.9 million grant from the U.S. Department of Treasury as part of their State Small Business Credit Initiative (SSBCI) Investing in America Small Business Opportunity Program (SBOP).  Read more >>


Intero Digital Guest Blog Post: Navigating Amazon’s Marketplace for Tech Product Success

Selling tech products on Amazon can be a highly effective way to reach a larger audience, but with so much competition, standing out requires strategy. For tech businesses, understanding how to optimize your Amazon presence is crucial for success. Here are essential tips to help your business navigate the complexities of Amazon’s marketplace. Read more >>


Scottsdale approves development agreement for ASM’s new flagship facility

Advanced Semiconductor Materials’ new north Scottsdale headquarters and research facility is a step closer to reality following city approval of a development agreement.

Scottsdale City Council unanimously approved the agreement at its Sept. 17 meeting that would reimburse the company for public infrastructure needed to build out the headquarters. Read more >>


Scottsdale solar power provider Arevon closes $351 million financing for latest project

Arevon Energy Inc., a renewable energy developer and operator based in Arizona, has closed a $351 million financing package that solidifies plans for the company to build out a 251 megawatt solar project in Gibson County, Indiana.

The project, which had started construction in August, will generate enough clean electricity to annually power the equivalent of more than 30,000 homes. Read more >>


Natcast, a nonprofit consortium that operates the University of Arizona Professor Recognized for VR Sight-Enhancing Tech

Hong Hua, an optics professor at the University of Arizona, was among scientists awarded by the Bayh-Dole Coalition for sight-enhancing eyewear that magnifies and projects images onto screens in front of each eye. Read more >>


South32 Hermosa Project Notified of $166M U.S. Department of Energy Grant

South32’s Hermosa project – an advanced mining project in the United States capable of producing two federally designated critical minerals, zinc and manganese – announced today that the Department of Energy (DOE) has selected the project for a $166 million award negotiation from its Battery Materials Processing and Battery Manufacturing program. Read more >>


Plug and Play accelerateAZ Announces Sustainability Accelerator Program Partners

Plug and Play accelerateAZ, a program of the Arizona Commerce Authority, announced at the Arizona Innovation Expo three corporate partners for the Sustainability Accelerator program: Honeywell Aerospace Technologies, NSF Engines: Southwest Sustainability Innovation Engine (SWSIE) and EPCOR.

The Plug and Play accelerateAZ Sustainability Accelerator will champion sustainability-driven startups by connecting them with established corporate partners. The program supports startups in the areas of renewable energy, water resiliency, sustainable mining, circular materials and carbon neutrality. Read more >>


Intel Named a Phoenix Business Journal’s 2024 Champions of Inclusion award winner, leading the charge for DEI in Arizona

Champions of Inclusion celebrates companies, organizations and executives who have placed inclusion as a core part of their values and who understand that inclusion, diversity and equity does not have a narrow range of focus and looks to support people of divergent backgrounds including abilities, ages, ethnicities and races, genders, religions and sexual orientations. Winners and finalists were recognized for the following awards: Corporate Inclusion Award (won by Intel Corp.). Read more >>


 

Trade in Motion Guest Blog: The Global Talent Race: A Call to Action for US and Canadian Companies

In today’s interconnected world, a global competition for talent is underway. Countries around the globe are vying for the best and brightest minds to fuel innovation, research, and growth. The United States, Canada, and other advanced economies are at the forefront of this race, recognizing the immense value that skilled foreign professionals bring to their societies. The Economist’s article, “Footloose and Fancy Degree,” emphasizes that highly educated professionals are more mobile than ever, seeking not only high salaries but also environments conducive to innovation, professional engagement, and growth. Read more >>


ASU Awarded $5.8 Million from National Institute on Aging for New Center

This summer, ASU’s Edson College of Nursing and Health Innovation received a $5.8 million grant from the National Institute on Aging (NIA), part of the National Institutes of Health (NIH), to create an Edward R. Roybal Center to confront the issue. Read more >>


Maricopa colleges to benefit from $250M chip sector job training investment

The White House is investing $250 million over 10 years to establish a national semiconductor workforce training center, the U.S. Department of Commerce announced Wednesday. As part of the announcement, Natcast, a nonprofit consortium that operates the NSTC, is awarding a total of $11.5 million to seven institutions — including Maricopa County Community College District (MCCCD) — to support workforce development efforts. Read more >>

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