Author: Wayne Heilman Special to the Gazette
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Colorado Springs technology company moves into edge computing
Colorado Springs-based X-IO Technologies is rolling out a new line of servers designed to both store and process massive amounts of data for the cybersecurity, financial services, defense and the internet-connected devices market. The debut of the company’s Axellio line of edge-computing devices represents a major turnaround from a restructuring a year ago, when the…
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BamPaws: Dream of following father’s, grandfather’s entrepreneurial footsteps almost became nightmare
When his family’s warehouse south of downtown Colorado Springs was about to become vacant, David Flaks had a dream of duplicating the entrepreneurial success his father and grandfather had built at that same location. That dream nearly became a nightmare several times as Flaks and his wife, Laurinda, opened nearly five months later than planned…
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Pollution-control equipment firm paid $110M by Colorado Springs Utilities shut down
Neumann Systems Group Inc., which developed and installed controversial pollution-control equipment at the Martin Drake Power Plant in downtown Colorado Springs, has closed its office. The company’s offices along Garden of the Gods Road are empty, its telephone is disconnected and its website is no longer available. Neumann Systems filed an address change in December…
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Economist: Colorado Springs economy to remain strong, but risk of downturn grows
Expect more of the same in 2017 for the Colorado Springs economy, but the chances for a downturn are growing, said Tatiana Bailey, director of the University of Colorado at Colorado Springs Economic Forum. The economic recovery is longest in the past 150 years, but downturns are more likely early in a presidential administration as…
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Reusing rockets is best way to advance space travel, SpaceX officer tells symposium attendees
Reusing rockets is key to transporting humans to other planets because passengers otherwise will be making one-way trips, the president of SpaceX said Wednesday at the 33rd annual Space Symposium at The Broadmoor hotel. Gwynne Shotwell, who also is chief operating officer of the privately held rocket launch company, said the only alternative to reuse…
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Business support of the arts likely growing in Colorado Springs
Raising money from businesses for arts and culture organizations has never been an easy sell in Colorado Springs, but some groups are reporting greater success in the past few years as the local economy has improved and the role arts play in recruiting millennial-generation employees has grown. No group actively tracks business support for the…
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National cyber center in Colorado Springs has helped four clients recover since December, CEO says
The National Cybersecurity Center in Colorado Springs has helped four clients recover from cyberattacks since mid-December, the center’s CEO said. Its Rapid Response Center helps businesses, nonprofits and government agencies cope with network security incidents. The victim of a recent phishing attack that resulted in the theft of more than 500 employee tax forms sought…
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Nevada aerospace contractor plans maintenance hangar at Colorado Springs Airport
Sierra Nevada Corp. plans to open a hangar in September at Colorado Springs Airport that will employ 40-60 people to complete maintenance and alterations on military and civilian aircraft, airport officials said Friday. The 60,000-square-foot, $11 million hangar will be leased from Phoenix-based Cutter Aviation on the site of the airport’s former passenger terminal and…
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More charges possible in investigation of Monument roofer
The El Paso County Sheriff’s Office and Colorado Springs police said additional charges may be added to a theft charge pending against Monument roofing contractor Jeff Masias. Masias, 43, faces the theft charge in connection with a roofing replacement project in eastern El Paso County he failed to complete after collecting a deposit and never…
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Monument roofing contractor faces theft charge amid reports of nearly $100,000 in lost deposits, payments
A Monument roofing contractor is facing a theft charge in the wake of complaints with the Better Business Bureau of Southern Colorado alleging consumers lost nearly $100,000 in deposits and other payments to the company. Jeffrey Masias, 43, owner of Innovative RAC, a home improvement company that also uses the name Innovative Roofing and Construction,…