Northrop Grumman completes the first Booster Obsolescence and Life Extension (BOLE) segment for the Space Launch System’s new solid rocket boosters, enhancing payload capacity for Moon and Mars missions by nearly five metric tons.
The Larry H. Miller Company and Miller family unveil renderings for the Power District, a nearly 100-acre site adjacent to the Utah State Fairpark and the Jordan River in Salt Lake City.
Beta Boom closes a $14.5M Fund II to invest in software solutions for fast-growing and underserved populations.
Crumbl opens its 1,000th store.
SadieB Personal Care launches into 507 Target stores and the Target website.
The Utah Film Commission announces two new productions estimated to generate an economic impact of $5.3M and over 875 new jobs.
Intermountain Primary Children’s Hospital’s second campus in Lehi opens its doors to patients.
Andrew and Shauna Smith of Savory Fund open their landmark 100th restaurant in Utah.
Uplift Aerospace secures an agreement with Salt Lake City School District to introduce Starborn Academy — an immersive, nine-week astronaut training experience — to district students.
Swig is named the official soda shop of the Utah Jazz.
Gov. Spencer Cox declares 2024 as No-Kill Shelter Year in Utah.
SchoolAI announces a partnership with Jordan School District, integrating AI into 67 K-12 classrooms.
Greenbacker Capital Management’s largest clean energy asset to date enters commercial operation.
FUNDING
| Recipient | Funding Amount | Led By |
|---|---|---|
| rPlus Energies | $460M | Sandbrook Capital |
| Platform Accounting Group | $85M | Cynosure Group |
| Owlet Inc. | $9M, Series A & B | Private placement |
| Mobly | $2.5M, Seed | Peterson Ventures |
| Anagram | $1.2M, Pre-Seed | Kickstart Fund, NextView Ventures |
| Xevant | DND | HCAP Partners, Tech Council Ventures |
M&A ACTIVITY
Mergers
- Marathon Health merges with Everside Health
Acquisitions by Utah companies
- Everyday Driver acquires Hooked on Driving
- JC Pro Design acquires Small Lake City Promo
- Myriad Genetics acquires Precise Tumor, Precise Liquid and Laboratory from Intermountain Precision Genomics
- OptConnect acquires M2M DataGlobal
- United Ocular acquires Eye Prosthetics of Utah
Acquisitions of Utah companies
- Ally Waste acquires RK Property Services
- Comfort Systems USA Inc. acquires J & S Mechanical Contractors Inc.
- EP Wealth Advisors acquires Parker Advisory Group LLC
- FranConnect acquires RizePoint
- Gebrüder Weiss acquires Cargo-Link
- Guild Mortgage acquires Academy Mortgage
- Humble Growth acquires majority stake in Momentous
- Orthopedic Care Partners acquires The Orthopedic Partners
- Salesforce acquires Spiff
- Somafina acquires UST Corporation
