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Havoc raises $100M in Series A funding

PROVIDENCE – Havoc, a defense technology manufacturer with an office in the city, has raised $100 million in Series A funding.  The company has now...

Aspen Aerogels affirms plan to restart E.P. plant; Q1 loss narrows...

NORTHBOROUGH, Mass. – Aspen Aerogels Inc. on Thursday posted a $23.7 million loss in the first quarter of 2026 and said it expects to...

Mayor: Aspen Aerogels eyes reopening East Providence plant on May 12

EAST PROVIDENCE – Aspen Aerogels Inc. is on track to restart operations at its Dexter Road facility as soon as May 12, more than...

Do you agree with the Rhode Island Public Expenditure Council that state...

An over-reliance on low-productivity industry sectors and government spending has the state’s economy significantly lagging the rest of the nation, the Rhode Island Public...

Teknor Apex partners in new 75M euro investment fund with OSS...

PAWTUCKET – Teknor Apex Co. is partnering in a new 75-million-euro investment fund, or $87.8 million, in collaboration with OSS Ventures aimed to scale proven industrial...

Quonset secures previously revoked $11M grant for port infrastructure improvements

NORTH KINGSTOWN – Rhode Island has re-secured a delayed $11.25 million in funding for infrastructure improvements at Quonset Business Park's Port of Davisville. The funding...

Textron reports 6% Q1 profit boost; will separate industrial segment

PROVIDENCE – Textron Inc. on Thursday reported first-quarter profit of $220 million and announced its intent to separate its industrial segment.  The first-quarter profit was...

R.I. monthly unemployment rises to 4.7% in March

CRANSTON – Rhode Island’s seasonally adjusted unemployment rate in March was 4.7%, up from 4.6% in February, the R.I. Department of Labor and Training...

General Dynamics posts $1.13B Q1 profit

NORTH KINGSTOWN – General Dynamics Corp. logged a $1.13 billion profit in the first quarter of 2026, a 13.2% increase year over year, the aerospace and defense...

RIPEC: Rhode Island’s economy losing ground

PROVIDENCE – The Rhode Island economy has lost ground over the past decade due to an over-reliance on low-productivity industry sectors and government spending,...
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