Immunity research firm Aditxt to invest $31.5M in new downtown lab
May 4, 2021
Gov. Ralph Northam presents a Virginia flag to Aditxt CEO Amro Albanna alongside Richmond Mayor Levar Stoney at an announcement about a new lab. (
Jonathan Spiers photo)
A Silicon Valley-based company that has developed a way to track immunity to diseases like COVID-19 is building a new lab at the VA Bio+Tech Park, where another multimillion-dollar project is getting another look.
Aditx Therapeutics, or Aditxt for short, announced Monday it will invest $31.5 million over three years to develop an immune monitoring center in the Bio+Tech 8 building at 737 N. Fifth St. on the downtown campus.
May 3, 2021
RICHMOND April 16, 2021 Virginia Governor Ralph Northam today announced that Ryzing Technologies LLC, a designer and manufacturer of textile-based engineering solutions, will invest $149,000 to expand capabilities at its facility in the City of Staunton. The company serves the U.S. military and allied forces, as well as industrial, commercial, and governmental clients, specializing in engineered textiles, rigid inflatable structures, and rapid prototyping. This expansion project will create 31 new jobs.
“Supporting the growth of Virginia’s small businesses is a top priority, and we are thrilled that the expansion of Ryzing Technologies will result in 31 new high-skilled positions,” said Governor Northam. “We commend the City of Staunton for fostering an environment of innovation and entrepreneurship where companies like Ryzing Technologies can develop pioneering solutions for a wide range of industries, including the military.”