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Friday Morning Notes

Latest Unemployment News — “The Virginia Employment Commission reported Thursday that 5,279 Northern Virginia residents filed initial claims for unemployment benefits in the week ending June 20. That was down 9.2% from the preceding week and marks the 11th straight week of declines since a high of 47,708 claims filed in the week ending April 4. However, it is still 10 times pre-pandemic levels.” [Inside NoVa]

Finding the Funding — “McLean’s ID.me Inc. is raising new capital while riding a wave of momentum fueled by the pandemic. The digital identity management company has nabbed about $8.3 million out of a $12.5 million equity offering that began June 9, it reported in Securities and Exchange Commission filings.” [Washington Business Journal]

Sights Set on Space — “Los Angeles-based aerospace manufacturer Relativity Space announced Wednesday that McLean-based Iridium Communications Inc. has signed a contract to deliver up to six of Irdium’s satellites into orbit.” [Virginia Business]

New Merrifield Park — “The Fairfax County Park Authority Board on June 24 approved initial scoping work to develop a new park on the eastern edge of Merrifield.” [Inside NoVa]

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