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Virginia Economic Review
Our quarterly publication, Virginia Economic Review, provides an insider look at Virginia’s economy, its diverse array of world-class companies, its amazing talent, and its stunning natural beauty, as well as insights from national thought leaders.
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The Art and Science of Commercialization
Drake Goolsby is chief commercialization officer at Luna Labs, a Charlottesville-based company that helps develop advanced technologies in biotech, advanced materials, and engineered systems for government, military, and industrial clients.
12.09.2024
Prioritizing Productivity: A Conversation with Brett Vassey
Brett Vassey is president and CEO of the Virginia Manufacturers Association (VMA), a trade association that supports manufacturing operations across Virginia.
T.R.U. Ball/AXCEL Archery, Amherst County
Hitting a Lofty Target
Imagine using a bow and arrow to hit a target the size of a DVD that’s 70 meters away — the wingspan of two Boeing 737 airplanes side by side. That’s the challenge faced by Olympic archers. Ben Summers and his family know it well.
The AUKUS security partnership includes an agreement for the Royal Australian Navy to purchase five Virginia-class submarines, like the USS Hawaii, from the United States.
A Security Boost in Hampton Roads
A trilateral security partnership to share technology and military resources is poised to benefit the Hampton Roads economy and Virginia’s defense ecosystem. The United States, Australia, and the United Kingdom formalized the AUKUS partnership in 2021.
12.04.2024
Anticipating Manufacturers’ Site Needs
If every journey begins with the first step, in Roanoke that first step looks like 40,000 square feet of lab space.
Oakmulgee Dairy Farm in Amelia County is partnering with Vanguard Renewables to convert cow manure into natural gas.
From Milk to Mollusks
When Jeremy Moyer was 6 years old, he started following his dad around their 1,000-acre dairy farm in Amelia County. By the time he was 12, he was getting paid to do chores around the farm. Now, at 42, he runs the farm with his father and brother.
Haleon, Richmond
A Biopharma Booster
Like his fellow Type 1 diabetics, Alec Smith took insulin every day to regulate his blood sugar.
Rethinking the Impossible
Speed and efficiency are essential competitive edges for any manufacturing operation. Yet the growing adoption of advanced manufacturing techniques isn’t just boosting efficiency with how goods are produced — it’s changing the types of goods that can be made and where they are produced.
A Home for Business for More Than 400 Years
The Commonwealth of Virginia has existed as a business venture since its inception in 1607, when the Virginia Company of London formed a joint-stock company to bring profits to shareholders and establish an English colony in the New World.
Hemoshear Therapeutics, Charlottesville
01.08.2023
Virginia Universities Prove Fertile Ground for Startups
Virginia’s higher education system, consistently ranked as one of the best in the country, is well established as an elite talent incubator. But the Commonwealth’s universities, both public and private, also serve as a launching pad for startup companies.
01.08.2023
Paul’s Fan Company Leverages International Sales for Domestic Expansion
Paul's Fan Company in Buchanan County was founded in 1958 as a small machine shop servicing the coal mining industry. It evolved over the years to focus on improved mine ventilation, producing turnkey industrial ventilation solutions for companies.
Tom Walker, DroneUp
An Inside Look at Drone Innovation: A Conversation With Tom Walker
Tom Walker is the founder and CEO of DroneUp, a provider of drone delivery and flight services that has operated out of Virginia Beach since its founding in 2016.
Gatekeeper Security, Inc. used VEDP funding to exhibit at trade shows in Germany and Singapore.
Bespoke Export Support
Virginia Offers Best-in-Class Export Assistance for Companies' Complete Life Cycle Exporting can be a strong strategy for connecting companies with demand or diversifying their market bases to better weather economic conditions.
Virginia International Gateway, Portsmouth
The Port of Virginia: A Crucial Link in Vital Supply Chains
The last year has been challenging to all aspects of the logistics industry, and The Port of Virginia was not immune.
Phoenix Group, Chesapeake
04.01.2022
Business Without Borders
International trade is beneficial for American consumers and businesses alike. Benefits for consumers include lower costs and a greater variety of goods available in their local markets.
An Exporter's View of International Trade: A Conversation With John Keppler
John Keppler is chairman, CEO, and co-founder of Enviva, the world's largest producer of woody biomass and one of Virginia's largest exporters out of its private terminal in the city of Chesapeake.
The Port of Virginia is using shipping data to optimize its workflows and speed the movement of cargo from ship to destination.
04.01.2022
Virginia Sets Course for Robust Trade Growth
With Initial Funding Approved and Bold Goals on the Horizon, Virginia's International Trade Strategic Plan is Moving Forward The fundamental conditions are in place for Virginia to significantly grow its international trade. Now, the Commonwealth is setting a course to capitalize on those assets.
Building on Success at the Port of Virginia: A Conversation With Stephen Edwards
Stephen Edwards joined The Port of Virginia as CEO and executive director in January 2021. Before joining the port, he was president and CEO of TraPac, which operates container terminals in California and Florida.



