News & Media
Connecticut ranks highly in talent, education, quality of life, and factors important to companies looking to invent, create, develop and produce high quality products and solutions. AdvanceCT is tasked with promoting economic growth and prosperity within the state and one of the ways we do so is by telling the great story of what Connecticut is and all we have to offer.
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News Articles
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 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...
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...
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...
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%,...
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 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...
Pratt & Whitney has been awarded a $670.2 million modification to a previously awarded contract for the F135 propulsion system.The modification covers spares for the production and delivery of the system, which powers the F35 Lightning II Fighter.The spares will include common components for the global spares pool, as well...
Central Connecticut State University has launched a new robotics and mechatronics technician apprenticeship program in partnership with high-tech manufacturer TRUMPF Inc.It’s the first in a series of pilots that the Connecticut State Colleges and Universities (CSCU) system is calling a “preferred employer program,” which offers custom-tailored training and a tuition...
Winner Category | CEO, SMALL NONPROFIT, FEWER THAN 75 EMPLOYEES John BourdeauxPresident & CEOAdvanceCTSize of organization: $5.5M budgetEmployees: 22Education: Bachelor’s degree in history, University of Chicago John Bourdeaux is the president and CEO of AdvanceCT. This statewide nonprofit economic organization partners with the government and businesses of Connecticut to recruit, retain and...
Fairfield University’s Dolan School of Business has launched an MBA concentration in artificial intelligence, positioning graduates to lead AI initiatives as workplace adoption of the technology accelerates.The new AI concentration responds to surging demand for business leaders who understand both artificial intelligence technology and its strategic applications, the school said...
Global leader in aerostructures and engine systems introduces additive fabrication production line in Newington, CTNewington, Connecticut, September 3, 2025 – Today, AdvanceCT announces that GKN Aerospace is expanding its manufacturing center in Newington, Connecticut, one of its primary facilities in the U.S. and one of two located in Connecticut.GKN Aerospace’s...
CT Jet-Engine Maker Pratt & Whitney Gets $2.9 Billion Contract Modification for Fighter-Jet Work
Aug 25 2025Jet-engine manufacturer Pratt & Whitney has been awarded an approximately $2.9 billion contract modification from the U.S. Department of Defense to support continued production of F135 engines for F-35 fighter jets.The new funding was disclosed Friday on the department’s website. About 30% of the work will be carried out in...