
Acquisition for Ballston Company — “Safran Defense and Space Inc., the Arlington-based unit of French aerospace manufacturing giant Safran SA, is beefing up its ties to the U.S. defense sector with its first-ever acquisition. The company, whose U.S. headquarters is in Ballston, has acquired Attollo Engineering, a Camarillo, California, company.” [WBJ]
Results from Local Tech Fund — “A county-backed fund in Arlington is seeing some return on investment as it enters its third year. The Arlington Innovation Fund… granted funding to startups in early 2024: Nine firms received non-dilutive funding ranging from $25,000 to $50,000. Since then, companies have collectively raised $25 million after participating in what’s called the Catalyst Grant Program.” [Technically]
Arlington Then and Now — ” I can remember walking on the North Scott Street bridge over I-66, on my way to the Metro, and wondering why there was no traffic on the highway (I-66 in Arlington had not yet been opened). At that time the Ballston Metro was the end of the line.” [FCNP]
Substance Abuse in N. Va. — “Inova Health on Wednesday released new data finding nearly half of adults in Northern Virginia are either personally impacted by substance use or know someone who is, with even higher numbers among millennials.” [FFXnow]
It’s Tuesday — Expect sunny skies and a high of around 76 degrees with a northeast wind blowing at 6 to 9 mph. By Tuesday night, the sky will be mostly cloudy with a low temperature near 59 degrees. [NWS]