Potomac Tech Wire

Potomac Tech Wire - July 24

Paul Sherman — Fri, 24 Jul 2026 17:28:05 GMT

o DC-based State Affairs Raises $70 Million From Leading Investors
o Arlington-based Twenty Raises $30M at $1.2 Billion Valuation
o Enlightenment Capital Invests in DC-based Quorum
o Baltimore-based Inner Logic Raises $11.5 Million in Seed Funding
o Baltimore-based Savano Capital Closes on $252 Million Fund
o DC-based Avenue Growth Raises $155 Million for Ne…

Potomac Tech Wire - July 9

Paul Sherman — Thu, 09 Jul 2026 17:59:35 GMT

o McLean-based Trase Raises $107 Million for AI Platform
o Arlington-based Marlinspike Partners Raises $127 Million Fund
o Rocket Lab to Acquire McLean-based Iridium for $8 Billion
o UMD Names 11 Awardees for Grand Challenges Grants
o Tysons-based RVNA Acquires SF-based UXB Holdings
o Arlington Capital Forms New Naval Company Highwater
o McLean-based CrossCou…

Potomac Tech Wire - June 23

Paul Sherman — Tue, 23 Jun 2026 20:41:13 GMT

o Arlington-based Twenty Raises $100 Million at $1 Billion Valuation
o Booz Allen to Acquire Ultra Mission for $720 Million
o DC-based HighGround Raises $6.5 Million in Seed Funding
o George Thomas Named New President, CEO of FCEDA
o Falls Church-based Lyntris Acquires Houston-based Novium
o Aldrich Capital’s Compliancy Group Acquires Healthicity
o Charlotte…

Potomac Tech Wire - June 12

Paul Sherman — Fri, 12 Jun 2026 18:02:31 GMT

o Rockville-based Quantum Space to Go Public With SPAC Deal
o 2X to Acquire Manassas-based Knownwell; Deal Valued at $400M
o Reston-based Woven Acquires Reston-based Insignis
o Fairfax-based 3Pillar Launches HelixAI, Names New CEO
o NuScale to Open Nuclear Center at UVA Wise
o Booz Allen Report Shows Risks of Chinese LLMs
> Mid-Atlantic MarCom Summit - Oct. …

Potomac Tech Wire - June 4

Paul Sherman — Thu, 04 Jun 2026 18:49:39 GMT

o D.C.-based Shifters Raises $10.2 Million in Seed Funding
o Arlington-based CoStar to Acquire Zonda For $800 Million
o D.C.-based Enduring Climate Closes on $12 Million Fund
o Paladin Leads Series A Investment in NC-based Arpio
o Arlington-based Bloomberg Industry Acquires Regology
o McLean-based Valiant Solutions Acquires BreakPoint Labs
o Virginia-based OM…

Potomac Tech Wire - May 28

Paul Sherman — Thu, 28 May 2026 19:17:37 GMT

o Arlington-based Quartermaster Raises $43 Million in Series A
o Ashburn-based DTC Acquires Adaptive Dynamics Inc.
o McLean-based Cycurion Acquires Secuvant For $2.9 Million
o Maryland Tech Council Names 2026 ICON Awards Winners
o TEDCO Names Board Members for Next Fiscal Year
o Patrick Paolini Named CEO of McLean-based TEGNA
> Mid-Atlantic MarCom Summit - Oc…

Potomac Tech Wire - May 21

Paul Sherman — Thu, 21 May 2026 19:10:58 GMT

o European VC ScaleWolf Opens Office in Alexandria
o Richmond-based Procurement Sciences Acquires HigherGov
o Vox Media Sells Major Assets to Lupa Systems
o Herndon-based Team Velocity Acquires Foundation Direct
o McLean-based Cycurion Acquires Seattle-based Halo Privacy
o Chad Kettering Named New CEO of Germantown-based HTL
o Exit Planning Institute Launches…

Potomac Tech Wire - May 14

Paul Sherman — Thu, 14 May 2026 16:12:45 GMT

o McLean-based Iridium to Acquire Aireon for $366 Million
o Eir Partners Takes Controlling Stake in Baltimore-based QuartzBio
o Arlington-based Fed Tech to Run Accelerator Program for DoE
o TEDCO Invests $500,000 in College Park-based QC82
o Sterne, Kessler and Thomson Reuters Launch AI Patent Tool
o Travel Insurance Firm Faye Opening U.S. HQ in Richmond
o TE…

Potomac Tech Wire - May 7

Paul Sherman — Thu, 07 May 2026 18:26:21 GMT

o HawkEye 360 Raises $416 Million in IPO; Stock Jumps 30%
o Reston-based Scout Space Raising $18 Million in Series A
o Ridgeline Capital Closes on $180 Million for 2 Funds
o RMR & Associates to Merge with Florida-based 2TON
o TurbineOne Moves HQ to Chantilly from San Francisco
o Rob Albritton to Lead AI Initiatives at Enlightenment Capital
> Next Week: Socia…

GovCon Social Media Marketing Outlook - Reston (May 15)

Paul Sherman — Mon, 04 May 2026 18:33:09 GMT

Join us next week (May 15) for Potomac Tech Wire's GovCon Social Media Marketing Outlook breakfast in Reston.

We're bringing together some of the region’s leading GovCon marketing experts to discuss the unique aspects of social media in government contracting marketing.

Speakers are:
Shab Nassirpour, SVP, Marketing and Communications, Everforth ECS
Ethan…

Potomac Tech Wire - April 29

Paul Sherman — Wed, 29 Apr 2026 20:25:56 GMT

o McLean-based Rilian Raises $17.5 Million in Seed Funding
o Rockville-based X-energy Raises $1 Billion in IPO
o Defense Department Makes $1 Billion Investment in L3Harris
o Arlington Capital Acquires ENERCON; Will Merge WIth Pond & Co.
o NVTC Releases AI50 Awards; Highlights Top AI Leaders in Region
o Troy Lahr Named New CFO at McLean-based Booz Allen Hamil…

Social Media Outlook 2026 Event - May 15 in Reston

Paul Sherman — Mon, 27 Apr 2026 15:55:49 GMT

You are invited to join Potomac Tech Wire for our GovCon Social Media Outlook 2026 breakfast on May 15 in Reston.

The event features leading GovCon social media experts from who will share their perspectives on the state of social media with a partular focus on GovCon marketing.

Speakers Include:
Mark Amtower, Managing Partner, Amtower & Company
Casey Dell…

Potomac Tech Wire - April 22

Paul Sherman — Wed, 22 Apr 2026 19:53:06 GMT

o Lockheed Increases Size of Its Venture Fund to $1 Billion
o Herndon-based HawkEye 360 Files for IPO
o Rockville-based X-Energy Launches Roadshow for IPO
o Chevy Chase-based Blue Energy Raises $380 Million
o UMC White Paper: AI Not Reducing Overall Labor Demand
o Charlottesville-based RIIG Raises $6 Million in Series A
o Booz Allen Ventures Invests in Porta…

Potomac Tech Wire - April 9

Paul Sherman — Thu, 09 Apr 2026 19:05:00 GMT

o DC-based Rivet Industries Raises $57 Million
o Arlington-based ORAN Development Raises $45 Million
o DC-based FiscalNote Delisted from NYSE; Now Trading OTC
o Windward Acquires Centreville-based Prominent Edge
o DC-based Prism Layer Emerges from Stealth, Raises Pre-Seed
> Next Week: Wire Event: M&A Outlook 2026 - April 15 (Reston, Va.)
o Briefly Noted: Sie…

Potomac Tech Wire -March 25

Paul Sherman — Wed, 25 Mar 2026 20:01:14 GMT

o Rockville-based X-energy Files for an IPO
o Washington Harbour Partners Invests in Striveworks
o Bethesda-based Fasoo Inc. Merges with AI Company
o Arlington-based AeroVironment Acquires ESAero
o Arlington Capital Partners to Acquire Australian Firm
o Innovative Systems Acquires DC-based Startup Actifai
o SBA Moving District Office from DC to Herndon
o Agero…

Potomac Tech Wire - March 19

Paul Sherman — Thu, 19 Mar 2026 18:50:04 GMT

o Arlington-based Sands Capital Closes on $1.1 Billion Fund
o Arlington-based Cape Raises $100 Million in Series C;
o McLean-based Claros Raises $30 Million
o Federal Cloud Provider Knox Systems Raises $25 Million
o Arlington-based Carecubes Raises $6.5 Million in Series A
o Chorus Intelligence Raises $20 Million; US HQ in Virginia Beach
o Alexandria-based Y…

M&A Outlook 2026 Event - April 15 in Reston

Paul Sherman — Mon, 16 Mar 2026 14:06:12 GMT

You are invited to join Potomac Tech Wire for our M&A Outlook 2026 breakfast on April 15 in Reston.

The event features leading merger and acquisition experts from investment banking, law, and strategic advisory who will share their perspectives on the current deal environment and trends shaping today’s market.

Speakers Include:
• Jon Yim, Managing Directo…

Potomac Tech Wire - March 11

Paul Sherman — Wed, 11 Mar 2026 20:29:36 GMT

o DC-based Bluprynt Raises $4.25 Million in Seed Funding
o Blue Fire Equity Invests in Maryland-based Jovian Concepts
o Booz Allen Ventures Invests in UK-based Defense Tech Company
o Reston-based CACI Completes Purchase of ARKA Group
o Richmond-based ASGN Closes on Acquisition of Quinnox
o College Park-based IonQ Partners wIth Cambridge University
o Briefly N…

Potomac Tech Wire - March 4

Paul Sherman — Wed, 04 Mar 2026 21:06:47 GMT

o Arlington-based AES Agrees to $33.4 Billion Buyout
o HawkEye 360 Raises Additional $23 Million in Series E
o Arlington Capital Sells Portfolio Company Forged Solutions
o Fairfax-based IntelliGRC Raises $3.5 Million in Seed Round
o CrossCountry Consulting Acquires LA-based CNM LLP
o DC-based Precision Strategies to Acquire Firehouse Strategies
o GI Partner…

Potomac Tech Wire - Feb. 25

Paul Sherman — Wed, 25 Feb 2026 21:10:40 GMT

o DC-based Updata Partners Closes on New $875 Million Fund
o DC-based Evoke Security Raises $4 Million in Pre-Seed Round
o Victor Hoskins Stepping Down as CEO of Fairfax County EDA
o ERT Acquires Woodbridge, Va.-based Sev1Tech
o NVTC Names Winners of Data Center Awards
o Amentum Opening Global HQ in Reston in 2027
o Procurement Sciences Acquires Rogue AI
o Dav…