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For UK HealthTech companies, the United States is both the biggest opportunity and one of the most difficult markets to enter effectively. Success is not just about accessing capital or customers. It depends on where and how you establish your U.S. presence. While global attention often focuses on Boston and New...
Henkel, one of the largest consumer-goods companies in the world, has operated research-and-development facilities in Trumbull since 2016. Now, it is elevating the site into a fully fledged campus.Henkel executives and some of the state’s top elected officials held a groundbreaking ceremony on Monday for the underway renovations at its...
British financial technology company Revolut plans to base a new U.S. banking entity in Stamford as it seeks federal approval to expand its operations in the American market.The London-based firm announced Thursday it has applied to the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corp...
In 2025, companies encountered new economic conditions that complicated their long-term investment decisions. Shifts in trade policy disrupted supply chains. Changes in immigration rules challenged workforce planning. Interest rates and uneven demand increased the cost of capital. These pressures led executives and site selectors to emphasize risk control, operational continuity,...
CT Biotech LambdaVision Reserves Spot on Commercial Space Station to Scale Artificial Retina
Feb 24 2026A Woodbridge-based biotech company has reserved space on the next commercial space station as it works to scale manufacturing of an artificial retina designed to restore vision in patients afflicted with degenerative eye diseases.LambdaVision Inc. announced Tuesday morning that it has secured commercial space on Starlab, a commercial space station...
Newington, CT, USA, February 20, 2026 - Steelwrist, the global manufacturer of tiltrotators, automatic quick couplers and work tools for excavators, today announced the expansion of operations at its North American headquarters in Newington. The investment further strengthens the company’s long-term commitment to the U.S. market and positions Connecticut as...
Connecticut will expand artificial intelligence training at colleges and universities across the state as part of a third phase of a statewide workforce program, Gov. Ned Lamont announced Tuesday.The program is intended to prepare students and workers for fast-growing tech jobs, he said in an announcement.The third phase of the...
Electric Boat to Hire 8,000 This Year
Feb 8 2026Electric Boat is gearing up to hire 8,000 new employees this year, a significant ramp-up compared to the 3,000 hires the submarine manufacturer was planning in 2025.EB President Mark Rayha, in his 2026 President's Intent memo to employees last week marked "sensitive," didn't give specific plans on how he expected...
Fintech executives have limited options when establishing regulated banking functions in the United States. Federal charters involve lengthy timelines and high fixed costs. Partner bank models restrict control over payments, liquidity, and product design. State frameworks differ significantly in scope and credibility.Connecticut’s Innovation Bank Charter provides an alternative worth considering...
Pantheon Electric, a newly launched global electrical infrastructure platform delivering high-performance conductive solutions, today announced the official opening of its headquarters in Stamford, Connecticut. The announcement marks a significant milestone in the company’s growth and reinforces Connecticut’s position as a national hub for advanced manufacturing, electrification, and industrial innovation.“I am...
Connecticut’s economy expanded at a 5.6% annual rate in the third quarter of 2025, ranking the state fourth nationally in real gross domestic product growth, according to new estimates released by the U.S. Bureau of Economic Analysis.Only Kansas (6.5%), South Dakota (6.3%) and Arkansas (5.8%) posted faster growth for the...
Business Facilities honors the company’s groundbreaking Newington expansion and first-of-its-kind 3D-printed aircraft componentBusiness Facilities announced its 2025 Deal of the Year Award winners — corporate relocation and expansion investment projects that will have a significant positive impact on the economic development of a community.AdvanceCT and the State of Connecticut were...
Connecticut Accelerates Physical & Life Sciences Growth with Expansions from Four Diverse Innovators
Dec 18 2025Expansions highlight Connecticut’s talent, research strength, and industry momentumNew Haven, Connecticut – December 18, 2025 — AdvanceCT announced today that four biological, pharmaceutical, and chemical sciences companies are expanding their operations in Connecticut, including MannKind, Cyclo Therapeutics, NanoEngineering, and P2 Science.MannKind, one of the largest pharmaceutical manufacturers in the state,...
How aligning operations with regional strengths drives better long-term performance than cost-focused site selection.Connecticut has long occupied a distinctive position in the U.S. economy — small in geography, but large in talent, innovation, and economic diversity. From its highly educated workforce and concentration of advanced industries to its strategic access...
A private equity-backed healthcare services firm is deepening its Connecticut presence after shifting its U.S. headquarters from Los Angeles to East Haven — a move that builds on an existing footprint the company established a few years ago.GeBBS Healthcare Solutions, a revenue-cycle management firm, acquired East Haven–based CPa Medical Billing...
Coordinated State, University, and Industry Commitments Now Exceed $1 Billion To Position Connecticut as a National Hub for Quantum Research, Workforce Development, and Innovation(HARTFORD, CT) – Governor Ned Lamont today announced new investments in Connecticut’s quantum technology infrastructure, workforce, and research capacity – a keystone moment in the state’s plan...
Governor's Report: Governor Ned Lamont, State of Connecticut Connecticut has long been a haven for original ideas and fresh thinking, and this drive toward the future has made the state home to acclaimed scientists, inventors, and creators, producing the first functional helicopter, anesthesia, and color television. Wide-ranging talent and a strong...
Connecticut has become one of the most competitive states in the US for fintech firms looking to scale. The state combines proximity to New York and Boston with cost advantages, regulatory flexibility, and a strong platform for long-term growth.As a recognized leader in financial regulation, Connecticut offers a model that...
Zvonimir Vrselja lifted a plastic barrier to provide a better view of the tool he hopes will help cure devastating diseases including Alzheimer’s and Parkinson’s.“You see here in the black box, there’s a human brain inside,” he said.The donated brain is connected to a system of tubes that perfuses the...
Whether at airfields, on ships, in hangars or in the air, at any point in time there are 84 million components or more on the U.S. military's fleet of Sikorsky Black Hawk helicopters, not including any number more in other countries.For Justin Wolfanger the only number that counts is one...
Gov. Ned Lamont announced that Connecticut will invest more than $50 million in New Haven to spur growth in cutting-edge sectors, including $10 million for QuantumCT, a statewide initiative led by UConn and YaleThe state is tapping UConn and Yale’s quantum expertise to propel economic development in New Haven through...
Stratford-based Sikorsky has won a $10-billion contract to build helicopters for the U.S. Marine Corps.The recently-renamed U.S. Department of War announced the contract late Friday afternoon.The contract calls for the company to make almost a hundred CH-53K transport helicopters.Sikorsky General Manager Rich Benton said the company will get years worth...
Connecticut’s economy grew the fastest among states on the East Coast in the spring of 2025, according to new federal data. In the second quarter of 2025, Connecticut’s real gross domestic product increased 4.6%, on an annual basis, ranking joint-ninth among the states and surpassing the national rate of 3.8%,...
Connecticut is investing $50.5 million in public infrastructure to help grow a biotech and quantum technology innovation hub in downtown New Haven.“Every day in downtown New Haven, workers are developing the cutting-edge research, technologies, and products that are changing the world and propelling Connecticut forward as a leader in the...