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Closing the opportunity gap for Black tech talent
Reston-based Revature, a tech talent enablement firm, has joined forces with OneTen, a coalition committed to closing the opportunity gap for Black talent in the U.S. by working with America’s leading executives, companies and talent developers to hire and advance one million Black individuals without four-year degrees into family-sustaining roles over the decade. Revature and OneTen will work with companies across the country to fill vacancies while helping candidates build fulfilling careers in tech. This partnership will connect individuals who are looking to kickstart their careers in tech with the training they need to thrive, according to Revature.
“We have seen that anyone, of any background and of any means, can achieve their dream with the right opportunity, which is why we are thrilled to partner with OneTen to expand opportunities to Black talent across the country,” said Ashwin Bharath, CEO of Revature. “This partnership is a big step towards building a dynamic and diverse community of highly skilled and creative technology pioneers who can affect change and promote progress.”
Currently, Black professionals make up only 7.4 percent of the tech workforce, according to Revature, and 79 percent of jobs paying more than $50,000 require a four-year college degree, automatically excluding the 76 percent of Black talent over age 25 with relevant experience who don’t have baccalaureate degrees. Through partnering with OneTen, Revature aims to close this gap and provide new tech career pathways for Black talent in the United States.
To learn more about Revature and its partnership with OneTen, click here. Yahoo Finance posted the release.
Fairfax County Economic Development Authority and Partner Agencies Host U.S.-Israel Innovation Summit in Tysons, Virginia
Fairfax County Economic Development Authority (FCEDA), in partnership with the Israel-U.S. Binational Industrial Research and Development Foundation (Bird Foundation) and the Israeli Embassy, Washington, D.C.’s Economic and Trade Mission, hosted a U.S.-Israel Innovation Summit on March 16, 2023, in Tysons, Virginia. With more than 100 people in attendance, the event featured a delegation of Israeli company representatives who presented innovative and strategic solutions to highlight partnerships and market acceleration opportunities in the homeland security, smart building, and cybersecurity industry sectors.
“It was an honor to host our Israeli partners in person to learn more about how Israeli companies are advancing their mission at home and abroad,” said Victor Hoskins, president and CEO of FCEDA. “We are here to be a conduit, to help these companies connect with the world-class innovation, cybersecurity and tech ecosystems that exist here in Northern Virginia. We are here to help them tap into the incredible U.S. market opportunity,” he continued. “We offer unparalleled access to the world’s largest customers and key decision-makers, and a highly educated regional workforce of six million people. These are just some of the main reasons why dozens of Israeli companies have already expanded their operations to Fairfax County.”
Click here to read more.
Celebrating Women’s History Month
To close out Women’s History Month, FCEDA extends its congratulations to the 2023 U.S. Black Chambers Women of Power 50 honorees. USBC’s Women of Power “Power 50” list honors 50 women in the country who are leading entrepreneurs, trailblazers, advocates, executives, visionaries, and in their respective industries. The honorees represent a wide variety of backgrounds and experience levels from across the United States.
More than 400 guests attended the March 23 event to celebrate the honorees at the Salamander Washington, D.C. FCEDA Director of Entrepreneurship and Minority Business Karen Smaw and a group of women representing FCEDA and Fairfax County Multicultural Chamber Alliance from the Northern Virginia Black Chamber of Commerce, Asian American Chamber of Commerce and Virginia Hispanic Chamber, as well as the Greater Reston Chamber of Commerce, were in attendance to celebrate the honorees.
Honorees hailing from Fairfax County companies included: Simone Ray, Director of Supplier Diversity at Tysons-based Hilton; and Belinda Matingou, Business Development Manager at Herndon-based Amazon Web Services.
Honorees from Virginia also included Congresswoman Jennifer McClellan, the first Black woman Congressperson from Virginia. She has served as the U.S. representative for Virginia’s 4th congressional district since 2023.
Business magnate and the first Black female billionaire Sheila Johnson was named USBC 2023 Global Trailblazer of the Year. Johnson is co-founder of Black Entertainment Television (BET), CEO of Salamander Hotels and Resorts, which has a Loudoun County, Va. location in Middleburg, and the first Black woman to be an owner or partner in three professional sports franchises: the Washington Capitals (NHL), the Washington Wizards (NBA), and the Washington Mystics (WNBA).
Click here to see the list of all the honorees. Visit usblackchambers.org to learn more.
Overseas companies setting up shop here
European businesses are increasingly setting up offices in the U.S., according to a U.K.-based Business in the News article. In Fairfax County, there are more than 100 European-based companies. According to the article’s editor Lisa Baker: “By taking your business to the U.S., you might be able to join the lucrative market that keeps constantly growing and is full of new opportunities. The country is also known for its constant progress in technology, and you might be able to get your hands on some of the latest solutions.” Reasons for business expansion to the U.S. include, according to the article: joining a strong economy and growing your customer base; growing your team with a skilled workforce; taking advantage of economic zones; and exploring the world of advanced technology. Interested in finding out more about setting up an overseas office in Fairfax County? Click here for more information.
Sharpening focus
Reston-based Science Applications International Corp. (SAIC) is selling off its logistics and supply chain management unit to sharpen its focus on its faster-growing information technology business, according to Washington Business Journal. SAIC announced last Thursday that Reston-based ASRC Federal is buying the logistics unit for $350 million in cash. The deal is expected to close in the second quarter, at which point the SAIC’s 240 employees in the division will join ASRC Federal. ASRC Federal is the government contracting arm of Arctic Slope Regional Corp., an Alaska corporation with holdings in a broad range of businesses, including petroleum refining and building and construction. ASRC Federal has roughly 7,000 employees providing technology, maintenance and other support services for government agencies throughout the U.S.
HQ expansion
1Spatial expanded its office space at the Westwood Metro Tower in Tysons, citybiz reported. Represented by Timothy Jacobs and Edward Saa, 1Spatial relocated within the building to construct a new larger headquarters. Kevin Sigwart, COO, U.S. Operations at 1Spatial said: “Our lease was set to expire soon, and we loved our office and our location but knew that we were expected to outgrow our space within two years.”
Possible space connection
Luxembourg-headquartered SES, which has its SES Government Solutions offices based in Reston, confirmed on March 29 it is in talks about potentially merging with rival satellite operator Intelsat, which is based in Tysons, SpaceNews reported. “At this stage, there can be no certainty that a transaction would materialize,” SES said in a brief statement. Both companies have previously acknowledged paying close attention to a wave of consolidation sweeping across their industry. A merged group would generate more than $4 billion in combined revenues.
Jump up!
A partnership between Falls Church area-based Northrop Grumman and Arlington, Va.-based Shield AI has secured a rapid prototyping transaction agreement from the U.S. Army to build a prototype of an unmanned aircraft system designed for vertical take-off and landing, according to ExecutiveBiz. “Our team’s enhanced V-BAT embodies more than 30 years of experience designing, delivering and sustaining advanced unmanned aircraft systems, combined with a field-proven platform and production facilities,” said Angela Johns, vice president of autonomous and tactical air systems at Northrop.
Ready for service
Herndon-based HawkEye 360’s latest cluster of satellites are ready for service, SpaceRef reported. The company announced on March 14 that its Cluster 6 satellites are now in operation after their January 24 launch aboard the debut Rocket Lab Electron flight from Launch Complex 2 at Virginia Space’s Mid-Atlantic Regional Spaceport within NASA’s Wallops Flight Facility. “The first thing is about providing a diversity of signals,” said Rob Rainhart, chief operating officer of HawkEye 360, which is based in Virginia not far from Washington Dulles International Airport. “As we’ve continued to build out the constellation, we add new frequency coverage or capability to the payload, cluster over cluster. “That allows us to have a diversity of collection ability and cover a number of different markets, domains and applications.”
Creativity, collaboration, proactivity
The global satellite industry must figure out how multiple stakeholders can work together to manage space and mitigate debris while addressing concerns such as lack of trust or the presence of bad actors, and the need for open, interoperable technology, experts said in a space domain awareness panel during SATELLITE 2023, a recent conference in Washington, D.C., according to Via Satellite. With the panel moderated by Rebecca Cowen-Hirsch, senior vice president for Government Strategy and Policy with Reston-based Inmarsat Government, panelists included Joe Chan, chairman of Space Data Association and director of flight dynamics at Tysons-based Intelsat and Eric Ingram, co-founder and CEO of Fairfax County-based SCOUT Space. During the discussion, Ingram called for three things to solve these challenges: creativity, collaboration, and proactivity. “We need more and diverse data sets in order to understand everything that’s going on in orbit,” said Ingram. “And if we don’t act together as an industry [and] work on coordinating ourselves and figure out how to intermingle on all the things we’re working on, government will do that for us.” Ingram believes the industry will see more collaboration in the commercial, or NGO, area.
System of Trust
Tysons and Bedford, Mass.-based MITRE has established a community engagement group to guide the development and implementation of its System of Trust supply chain security risk management framework, ExecutiveGov reported. The 30-member group is tasked with using evidence-based data to identify supply chain risks and assess their impact on financial stability, legal and ethics, foreign and competitor influence, business operations and service delivery. “As aligned to our whole-of-nation approach, the MITRE System of Trust community brings together not only major chip manufacturers and IT and OT companies but also representation from financial, energy, defense, and telecom industries, as well as from government and industry associations,” said Yosry Barsoum, vice president and director of the Center for Securing the Homeland at MITRE.
Creating opportunities
In collaboration with the Fairfax County Economic Development Authority, the Northern Virginia Technology Council, and Break Through Tech DC, George Mason University’s College of Engineering and Computing and Institute for Digital Innovation hosted a Computing Career Reception following the university-wide career fair on February 22, according to George Mason University College of Engineering and Computing News. Juniors and seniors majoring in computer science and information sciences and technology were invited to network with tech industry representatives from companies such as Appian, Brillient, and Verisign. The FCEDA was proud to facilitate a potential employment pipeline for local tech talent, according to Michael Batt, vice president, Talent, FCEDA. “The students at George Mason University are doing incredible work, and it’s a privilege to be able to connect them with Fairfax County businesses that will give them opportunities to continue doing that caliber of work post-graduation,” said Batt.
About the Fairfax County
Economic Development Authority
The Fairfax County Economic Development Authority (FCEDA) promotes Fairfax County, Virginia, as a business and technology center. The FCEDA offers site location and business development assistance, and connections with county and state government agencies, to help companies locate and expand in Fairfax County.
Want to know more about the services of the FCEDA, or how economic development helps Fairfax County? Visit the FCEDA website or e-mail info@fceda.org.
Fairfax County: “One of the great economic success stories of our time” — TIME
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