Virginia Economic Review

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.

Brett Vassey is president and CEO of the Virginia Manufacturers Association (VMA), a trade association that supports manufacturing operations across Virginia.

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.

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.

If every journey begins with the first step, in Roanoke that first step looks like 40,000 square feet of lab space.

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.

Like his fellow Type 1 diabetics, Alec Smith took insulin every day to regulate his blood sugar.

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.

Maj. Gen. Ted Mercer is the new CEO and executive director of Virginia Space, the owner and operator of the Mid-Atlantic Regional Spaceport (MARS), collocated at the NASA Wallops Flight Facility on Virginia’s Eastern Shore.

COVID-19 has underscored the value of businesses embracing digital technologies in the healthcare space — from telehealth and remote patient monitoring to artificial intelligence (AI) for predictive analytics and diagnostic insights.

In recent years, the increased amount of available data — 64.2 zettabytes (equal to 1 trillion gigabytes) were created globally in 2020, compared to 2 zettabytes in 2010, according to Statista — and ways to analyze and use it have escalated the demand for data science professionals to fill data analyst, business intelligence engineer, and other roles.

E-commerce became the lifeblood of retailers and business-to-business (B2B) suppliers in 2020, yet the innovation that grew out of this need has disrupted industry norms forever. Research from the Retail Industry Leaders Association (RILA) and McKinsey & Co.

After a year of focusing on operations during the COVID-19 pandemic, data center investments are on the rise, with an eye on expanding capacity to meet pandemic-influenced changes in consumer behavior.

Consumers’ increasing demand for safe, sustainable, locally grown food is driving interest and investment in controlled-environment agriculture (CEA).

Across the wireless industry, 5G — the fifth-generation technology standard for broadband cellular networks, meant to deliver higher data speeds, lower latency, more reliability, and higher capacity — has been not just the next big thing, but a family of next big things.

Technological advancements, supply chain disruptions, and safety, environmental, and other sociopolitical factors are changing the way people and products move around the country. Manufacturers are leveraging technology, new business models, and infrastructure improvements to chart a future path.

Unmanned vehicles still seem like advanced technology, but in one form or another, they’ve been making inroads into civilian life for the last 15 years.

Could space-related businesses represent a $1 trillion industry by 2040? That’s the question posed by Morgan Stanley analysts in a recent report.