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Technology

Utah Money Watch provides perspective and contextual insights on all financial aspects of the Technology marketplace within Utah, from A.I. to blockchain and from SaaS to Consumer Electronics.

SLC-based Zanskar Geothermal & Minerals has Raised $30 Million in New Funding to Accelerate its Efforts to Uncover Likely Productive Geothermal Sites in the U.S.

SLC-based Zanskar Geothermal & Minerals has Raised $30 Million in New Funding to Accelerate its Efforts to Uncover Likely Productive Geothermal Sites in the U.S.

Zanskar plans to deploy the funds to accelerate technology development and advance its portfolio of greenfield power projects to serve new partnerships.

Utah's Top 17 Business News Nuggets from April 2024 that You Might have Missed

Utah's Top 17 Business News Nuggets from April 2024 that You Might have Missed

{AUTHOR'S NOTE: Clearly, not every news announcement deserves to be the top story of the day. Nevertheless, many news items are still significant and should be acknowledged as such. Hence, this write-up is designed to specifically focus on Utah's business "news nuggets" from the

OPINION: The Seven Most Intriguing Startups I Saw at Last Week's Investors Choice Conference

OPINION: The Seven Most Intriguing Startups I Saw at Last Week's Investors Choice Conference

What were the seven most compelling and intriguing businesses that presented during last week's Investors Choice conference? I share my thoughts in this report.

This Week's $200 Million Investment that Few Utahns Know About has Changed Control of a Pioneering Utah Biotech Firm

This Week's $200 Million Investment that Few Utahns Know About has Changed Control of a Pioneering Utah Biotech Firm

Utah's market-leading Brain-Computer-Interface company, Salt Lake City-based Blackrock Neurotech, has sold controlling interest to Tether for a $200 million investment In news that will shock most executives in Utah's business, life sciences, and technology communities, Salt Lake City-based Blackrock Neurotech has sold controlling interest in its

Boart Longyear has been Acquired and Taken Private Following a Convoluted Multiyear Journey that Eventually Valued the Firm at $383 Million

Boart Longyear has been Acquired and Taken Private Following a Convoluted Multiyear Journey that Eventually Valued the Firm at $383 Million

From a 2007 IPO on the Australian Stock Exchange that valued Boart Longyear at over $1.5 billion, this month's acquisition occurred at a price of under $385 million.

Kinect Capital Welcomes 23 Presenting Companies to this Week's Investor Choice Conference in Salt Lake City

Kinect Capital Welcomes 23 Presenting Companies to this Week's Investor Choice Conference in Salt Lake City

"According to Kinect Capital, its data says that since 2009 Investors Choice alumni firms have raised over $1.2 billion in investment capital while also achieving financial exits of over $10 billion."

Boeing has been Awarded a New Hill Air Force Base Contract Valued at $559 Million over a Five-Year Period

Boeing has been Awarded a New Hill Air Force Base Contract Valued at $559 Million over a Five-Year Period

Under the agreement, Boeing will continue to "operate, maintain and perform testing at the Little Mountain Test Facility at Hill Air Force Base (in westernmost Ogden) Utah. The state-of-the-art site is designed to test functionality of the nation’s current and future intercontinental ballistic missile force, nuclear modernization programs