Xcellon Biologics Acquires GMP Manufacturing Facility from NextCure, Becoming an End-to-End CRDMO for Next-Generation Bioconjugates and Complex Biologics

Acquisition of the GMP biologics manufacturing facility expands Xcellon’s integrated capabilities from discovery through clinical supply and strengthens U.S. biomanufacturing

Beltsville, MD — Xcellon Biologics, a U.S.-based Contract Research, Development and Manufacturing Organization (CRDMO) specializing in bioconjugates and complex biologics, today announced that it has signed a definitive agreement to acquire the GMP biologics manufacturing facility from NextCure, Inc. The acquisition marks a transformational milestone in the company’s evolution, establishing Xcellon as an end-to-end CRDMO with integrated capabilities spanning discovery through clinical supply.

As part of its next phase of growth, Xcellon Biologics appointed co-founder Abhishake Chhibber as Chief Executive Officer to lead the company’s transformation into an end-to-end CRDMO for bioconjugates and complex biologics.

Since launching in 2025, Xcellon has partnered with biotechnology innovators across the United States to advance increasingly sophisticated biologic therapeutics. The acquisition of the 40,000-square-foot NextCure GMP manufacturing facility complements Xcellon’s existing expertise in bioconjugation development and manufacturing, creating an integrated platform designed to accelerate the development of antibody-based therapeutics and other next-generation biologics from early research through clinical manufacturing.

The acquired facility features two 1,000-liter single-use bioreactors, a dedicated bioconjugation suite, high-throughput process development capabilities utilizing advanced robotics, and comprehensive analytical and characterization laboratories. Combined with Xcellon’s specialized bioconjugation expertise, the acquisition creates a differentiated platform capable of supporting end-to-end CMC development under one roof.

“This acquisition represents far more than the expansion of our manufacturing capabilities,” said Abhishake Chhibber, Chief Executive Officer of Xcellon Biologics. “It represents the next chapter in our vision to build one of the nation’s premier CRDMOs for bioconjugates and complex biologics. By integrating antibody development, bioconjugation development, analytical sciences, and GMP manufacturing within a single organization, we are creating a platform that enables innovators to move seamlessly from discovery through clinical supply. We believe this integrated approach will help accelerate the development of breakthrough therapies while strengthening the U.S. biomanufacturing ecosystem.”

“The acquisition significantly accelerates our ability to support biotechnology innovators,” said Yuk Chiu, Chief Operating Officer of Xcellon Biologics. “By reducing handoffs between service providers and maintaining scientific continuity throughout development, we help clients advance complex biologics more efficiently while maintaining operational excellence and the flexibility required for today’s innovative therapeutic programs.”

Xcellon Biologics Names Abhishake Chhibber as Chief Executive Officer

As Chief Executive Officer, Abhishake Chhibber will lead Xcellon’s strategy, operations, and long-term growth as the company expands into an end-to-end CRDMO for bioconjugates and complex biologics.

As a co-founder, Chhibber has helped shape Xcellon Biologics’ strategy since its inception, guiding the company’s vision to build a premier U.S.-based CRDMO focused on bioconjugates and complex biologics.

Chhibber brings nearly two decades of leadership experience across the biotechnology and pharmaceutical industries, with expertise spanning corporate strategy, business development, operations, finance, and company building. Throughout his career, he has led strategic initiatives supporting innovative biologics, corporate growth, strategic partnerships, mergers and acquisitions, and biotechnology company formation.

Advancing the Future of U.S. Biotechnology

Xcellon’s vision extends beyond providing development and manufacturing services. The company is committed to helping build an integrated U.S. biotechnology ecosystem where innovative therapies can be discovered, developed, manufactured, and supplied for clinical evaluation within the United States.

Through collaborations with leading universities, research institutions, biotechnology companies, healthcare organizations, venture investors, government agencies, and strategic partners, Xcellon aims to strengthen the nation’s biotechnology infrastructure by expanding specialized manufacturing capacity and helping innovators translate scientific discoveries into life-changing medicines more efficiently.

“America has long been the global engine of biotechnology innovation,” said Abhishake Chhibber, Chief Executive Officer of Xcellon Biologics. “Our mission is to strengthen the development and manufacturing infrastructure that enables innovators to move seamlessly from discovery through clinical supply. By doing so, we aim to help ensure the United States remains the world’s leader in next-generation biologics and advanced biomanufacturing.”

The new facility is expected to begin GMP operations in December 2026. Once operational, the facility will provide biotechnology innovators with integrated capabilities spanning discovery, development, GMP manufacturing, and clinical supply through a single integrated partner.

About Xcellon Biologics

Xcellon Biologics is a U.S.-based, partner-centric Contract Research, Development and Manufacturing Organization (CRDMO) focused on bioconjugates and complex biologics. The company provides integrated capabilities spanning cell line development, antibody development and manufacturing, bioconjugation development and manufacturing, process development, analytical characterization, GMP manufacturing, and clinical supply. By bringing these capabilities together under one organization, Xcellon enables biotechnology innovators to efficiently advance next-generation biologics from discovery through clinical supply with a single trusted partner.

Flippo Construction Company Celebrates 26 Years of Employee Ownership, 55 Years in Business

Flippo Construction Company, Inc. celebrated two major milestones Thursday, August 6, during its annual Shareholders Day event, marking the company's 26th anniversary as an employee-owned company and 55 years in business.

Founded in 1971 by Earl Flippo, the Prince George's County-based heavy civil construction company transitioned to employee ownership in 2000 when Mr. Flippo sold the company to the employees who helped build it. Today, Flippo Construction operates as a 100% employee-owned company through an Employee Stock Ownership Plan (ESOP), allowing its workforce to share directly in the company's long-term growth and success.

The celebration brought together current employee-owners, retirees, elected officials, and community leaders to recognize the company's history and the role employee ownership has played in its growth.

Among those in attendance were Roderick Lewis, Regional Director for U.S. Senator Chris Van Hollen, and State Delegate Denise Roberts. Lewis delivered remarks on behalf of Senator Van Hollen, reading a statement highlighting the economic benefits of employee ownership and the importance of ESOPs in helping workers build wealth while strengthening American businesses. The statement also referenced the American Ownership and Resilience Act, legislation introduced by the Senator in May 2025 to encourage the expansion of employee-owned companies.

Delegate Roberts followed with remarks recognizing the unique role employee-owned businesses play in strengthening local economies and creating opportunities for employees to build long-term financial security.

The event also recognized several employees whose outstanding work contributed to Flippo Construction receiving an Excellence in Infrastructure Award from the Heavy Construction Contractors Association for the company's performance on the Loyola Avenue Storm Sewer Replacement Project in Alexandria, Virginia.

President and CEO John Morgan concluded the celebration with remarks reflecting on the company's history, its employee-owned culture, and its enduring legacy. He recalled the early years of the business and Earl Flippo’s decision to entrust the company's future to its employees, describing it as a defining moment that continues to shape Flippo Construction today.

Mr. Morgan also recognized two retirees in attendance, Wilbur “Pee Wee” Danzler and Melvin Holmes, who were among the company's original employees. "Thank you, guys, for setting the pace and creating the legacy for all of us to follow," he said.

Reflecting on the company's impact throughout the region, Mr. Morgan highlighted many of the landmark projects that Flippo employees helped build over the past five decades, including Constitution Gardens, the Kennedy Center Renovation, the original Washington Metro system, Reagan National Airport, Dulles International Airport, the Washington Convention Center, the Baltimore Convention Center, Jack Kent Cooke Stadium, the former Verizon Center (now Capital One Arena), the U.S. Capitol Visitor Center, and the Pentagon Facilities. 

"Millions of people have walked through, traveled through, or enjoyed projects built by Flippo employees," Morgan said. "Most of them will never know the names of the people who made it happen, " Morgan said. “But we know. And that is something every employee-owner here should be proud of. Because for 55 years, Flippo employees have been building more than just infrastructure. We have been building a reputation. We have been building relationships. And we have been building a company that people trust.

The celebration carried special significance because the company was unable to commemorate its 50th anniversary with a large gathering in 2021 due to the COVID-19 pandemic. This year's event not only honored the company's history and accomplishments but also celebrated the employee-owners whose dedication continues to build on the legacy established more than five decades ago.

Governor Moore Announces Cloudforce Chooses Maryland for Major AI Platform Expansion, Bringing 250 New Jobs to the State

Governor Wes Moore today announced that AI platform company Cloudforce is expanding its headquarters in Prince George’s County, retaining more than 130 employees and adding 250 new Maryland jobs over the next five years. Located at National Harbor, Cloudforce is leasing an additional 15,000 square-feet of office space, effectively doubling its headquarters footprint as the company scales its secure AI platform for higher education and broader public-sector customers around the world. 

“Cloudforce’s expansion and continued commitment to Maryland is a win for our state’s workers, students, and our future,” said Gov. Moore. “Our administration is making historic investments to support partnerships with world class leaders like Cloudforce and building pathways to work, wages, and wealth, so that Maryland communities have a leg up in this rapidly evolving economy.” 

The company selected Maryland after an extensive analysis of potential expansion sites across the DC-Metro region. Cloudforce cited Maryland’s concentration of technical talent, access to leading universities, and the Moore-Miller Administration’s focus on economic competitiveness, service, and workforce development as key factors in the decision.

“Cloudforce's continued investment at National Harbor reflects what we've long believed – that great companies want to be in environments that help them attract talent and support long-term growth," said Peterson Companies CEO Jon Peterson. "We're proud that National Harbor has been part of Cloudforce's journey, and we're excited to continue providing the space and community that supports their next chapter.”

Cloudforce has grown from a Microsoft cloud specialist into a frontier AI platform company. Its flagship product, nebulaONE®, gives institutions governed access to leading AI models and agentic workflows, helping them provide private, secure, and equitable AI access at scale. In 2025, Cloudforce was named Microsoft’s global Education Partner of the Year, recognition driven by nebulaONE’s adoption at leading institutions including the University of Maryland, UCLA, London Business School, the University of Oxford, and many others.

“The truth is, our success has been powered by the people, partners, and community that welcomed us when we planted roots in Maryland,” said Cloudforce Founder and CEO Husein Sharaf. “When it came time to grow, we had every option on the table, including markets across state lines and across the country. We chose to double down here instead, because we’d rather strengthen the place that helped build us than start over somewhere new. That means more great jobs, deeper investment in this community, and a company culture rooted in bringing our people together in one place.”

Cloudforce is also expanding its Maryland talent strategy. The company has supported Governor Moore’s Service Year agenda and is exploring additional pathways for Service Year members, interns, and early-career Marylanders to gain hands-on experience with AI. Cloudforce also works closely with the University of Maryland as both a vendor-partner and a key employer of recent graduates, including through career exposure, student engagement, and philanthropic support for leadership programs serving talented Maryland transfer students.

To assist with project costs, the company is eligible for a $1.25 million conditional loan through Advantage Maryland, administered by the Maryland Department of Commerce. Additionally, Prince George’s County Economic Development Corporation is offering a $125,000 conditional loan through its Economic Development Incentive Fund. Cloudforce may also qualify for various state and local tax credits, including the Job Creation Tax Credit.

“We’re very proud to have an innovative, forward-thinking company like Cloudforce choose to expand in Maryland,” said Maryland Department of Commerce Secretary Harry Coker, Jr. “Not only is the Cloudforce team creating good jobs for our residents and supporting career pathways for students and recent graduates, they are providing their business clients the solutions they need to succeed and thrive in an ever-changing world.”

“Maryland is already home to the universities, entrepreneurs, and workers that can lead the next era of AI,” said Prince George’s County Executive Aisha Braveboy. “Cloudforce’s decision to expand here shows how we turn those assets into good jobs and real opportunity. Their work with the University of Maryland and Prince George’s Community College, their commitment to training local talent, and their global leadership in AI are exactly the kind of innovation ecosystem we need to grow.” 

“The Prince George’s County Economic Development Corporation is excited to see Cloudforce Group continue its growth by expanding its headquarters in Prince George’s County,” said President and CEO of Prince George's County Economic Development Corporation Ingrid Watson. “This investment reflects the confidence innovative technology companies have in our business environment and will contribute to the County’s commercial economy through job creation, business expansion, and increased local tax revenue.”

What a West Coast Renewable Energy Pilot Could Mean for Prince George’s County

By Sam Braden IV
Director of Business Development, Information Technology & Cyber Security
Prince George's County Economic Development Corporation

What if the planters lining a downtown street could generate clean energy, power public lighting, support community gathering spaces, and contribute to local economic development?

That future is no longer theoretical.

A recent pilot project in Downtown Los Angeles by Maryland-based Gaia Agricultural Technologies demonstrates how innovative infrastructure can transform ordinary public spaces into assets that support sustainability, resilience, and community activation. The company's flagship product, the Gaia Box, combines kinetic hydropower generation, battery storage, LED lighting, and modular design into a self-contained public planter that generates and stores renewable energy while enhancing the public realm.

While the pilot is taking place on the West Coast, the implications extend far beyond Los Angeles and raise important questions for Prince George's County.

As our County continues to invest in transit-oriented development, mixed-use communities, innovation districts, and placemaking initiatives, technologies like the Gaia Box offer a glimpse of how infrastructure can serve multiple purposes simultaneously. Public spaces can become more than destinations; they can become contributors to sustainability goals, community engagement, and economic vitality.

For Prince George's County, the opportunity is not simply to observe emerging technologies but to explore how they might be deployed locally to enhance our communities.

Consider the possibilities:

• How can we build public spaces that also serve as decentralized, sustainable energy assets?

• How can innovative infrastructure support environmental goals while creating more attractive and engaging destinations for residents and visitors?

• How can economic development organizations, municipalities, developers, and technology companies collaborate to pilot solutions that improve quality of life while strengthening competitiveness?

These questions are becoming increasingly relevant as communities across the country seek smarter ways to address energy demand, climate resilience, and public space activation.

Prince George's County is uniquely positioned to participate in this conversation. From the Discovery District in College Park and the Blue Line Corridor to Largo, New Carrollton, National Harbor, and emerging Smart City initiatives throughout the County, there are opportunities to evaluate technologies that align with both our sustainability objectives and economic development goals.

The success of Gaia's Los Angeles deployment also demonstrates something equally important: innovation moves quickly. Technologies that begin as pilot projects can rapidly evolve into scalable solutions with applications across multiple industries and communities.

As Prince George's County continues to position itself as a destination for technology, innovation, and investment, we should remain attentive to emerging solutions that strengthen both our economy and our public infrastructure. The technologies shaping our future are not limited to software platforms, artificial intelligence, or cybersecurity systems. They also include the physical infrastructure that powers our public spaces, supports community interaction, and creates more resilient places to live, work, and do business.

The next generation of economic development will not be defined solely by the companies we attract. It will also be defined by the infrastructure we build. Prince George's County has an opportunity to lead by exploring technologies that make our communities more resilient, our public spaces more engaging, and our economy more competitive.

Innovation is not just about what we create. It is also about how we design the places where innovation happens.

Prince George’s County Executive Aisha Braveboy Delivers Incredible Keynote Address at State of the Economy

Prince George’s County Executive Aisha Braveboy Delivers Incredible Keynote Address at State of the Economy

Positioning Prince George’s County as the premier destination for technology, innovation, sports, and entertainment along the East Coast.

LARGO, MD - Prince George’s County Executive Aisha N. Braveboy delivered her highly anticipated 2026 State of the Economy Keynote Address at the MGM National Harbor, revealing a massive economic turnaround marked by the complete elimination of a $170 million budget deficit without major service cuts or tax increases. Speaking before a sold-out crowd of business leaders, entrepreneurs, and policymakers, Braveboy unveiled a clear roadmap for the county’s future, themed around her cornerstone initiative, Elevate Prince Georges.

The annual event, co-hosted by the Prince George's County Economic Development Corporation (PGCEDC) and the Greater Prince George's Business Roundtable, highlighted the county's rapid financial stabilization and major growth milestones. Braveboy emphasized that through aggressive fiscal discipline, streamlining county agencies, and strategic investments, the newly approved $6 billion FY 2027 budget puts the county on its strongest economic footing in years.

Today, County Executive Aisha Braveboy proudly unveiled an ambitious and transformative vision aimed at positioning Prince George’s County as the premier destination for technology, innovation, sports, and entertainment along the East Coast.

“Our County is a shining example of resilience and prosperity, standing tall as one of the most economically impactful majority-black counties in the United States,” said County Executive Braveboy. “The possibilities before us are endless when we come together and invest in each other’s success.”

The Administration’s strategic vision is supported by five core economic development goals aimed at enhancing the quality of life for residents:

1. Growing the commercial tax base to ease the burden on homeowners.

2. Elevating sectors including retail, hospitality, sports, and entertainment.

3. Increasing job opportunities for residents within the County.

4. Expanding support for small and local businesses.

5. Empowering our agricultural community to thrive.

As part of the commitment to these goals, the Administration is prioritizing open communication and collaboration. The County Executive has been actively engaging with community members, business leaders, and elected officials to identify key concerns and long-term priorities.

“From day one, I’ve made it a priority to listen to our community's diverse voices. Together, we can create an inclusive, accountable, and forward-thinking government,” the County Executive stated. The Administration has also launched a comprehensive operational review, engaging Bazilio, Cobb & Associates, to assess financial management, organizational efficiency, and risk management. The resulting report outlines 23 recommended actions aimed at building a robust financial foundation for the County.

Recent efforts have already led to a reaffirmation of the County’s AAA bond rating by S&P Global and Fitch Ratings, a testament to the strong economic and fiscal outlook. In 2024, the County experienced a significant 3.4% employment growth, the highest in 18 years, alongside a 4.0% increase in average weekly wages.

“We cannot afford to be complacent. Our resilient real estate market and strategic focus on job growth position us well for the future, even amidst challenges stemming from federal job reductions," added the County Executive. Looking ahead, the Administration is committed to implementing strategies that ensure sustainable financial growth while fostering an environment of innovation and opportunity.

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MEDIA ADVISORY: County Executive Aisha N. Braveboy to Deliver 2026 State of the Economy Keynote, Showcasing Prince George’s County’s Economic Momentum

MEDIA ADVISORY

County Executive Aisha N. Braveboy to Deliver 2026 State of the Economy Keynote, Showcasing Prince George’s County’s Economic Momentum

LARGO, MD – Prince George’s County Executive Aisha N. Braveboy will deliver her first State of the Economy Address as Keynote Speaker at this premier event. Hosted by the Prince George’s County Economic Development Corporation in partnership with the Greater Prince George’s Business Roundtable, the event will bring together more than 500 business leaders, residents, and community stakeholders.

County Executive Braveboy will provide an overview of the County’s economic outlook, highlight recent achievements, and discuss opportunities for continued growth, investment, and prosperity in Prince George’s County.

WHAT: 
Media Availability With County Executive Braveboy
Official State of the Economy Addresss

WHO:
County Executive Aisha N. Braveboy

WHEN:
Thursday, June 4, 2026
7:00 am - 7:30 am | Media Availability in the Aria Room

7:30 am - 10:00 am | Full Event

WHERE:
MGM National Harbor
101 MGM National Ave.
Forest Heights, MD 20745

PLEASE NOTE: Media Please RSVP by 9:00 PM on Wednesday, June 3, 2026, cexcomms@co.pg.md.us

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FOR IMMEDIATE RELEASE: Prince George's County Economic Development Corporation Celebrates Sprouts Farmers Market Lease Signing as Grocery Anchor at Westphalia Town Center

FOR IMMEDIATE RELEASE:

Prince George's County Economic Development Corporation Celebrates Sprouts Farmers Market Lease Signing as Grocery Anchor at Westphalia Town Center

For Immediate Release:

May 8th, 2026

For more information, contact

Rhett Butler

Marketing & Communications Manager

Prince George's County Economic Development Corporation

rbutler@co.pg.md.us

Cell: 240-427-7926

Prince George's County Economic Development Corporation Celebrates Sprouts Farmers Market Lease Signing as Grocery Anchor at Westphalia Town Center

Upper Marlboro, Maryland — The Prince George's County Economic Development Corporation (PGCEDC) today celebrates a major milestone for the County as Walton Global, a leading global real estate asset management and land investment company, announces that Sprouts Farmers Market — one of the largest and fastest growing specialty retailers of fresh, natural and organic food in the United States — has signed a lease to serve as the grocery anchor at the highly anticipated Westphalia Town Center retail development in Prince George's County, Maryland.

PGCEDC played a pivotal role in making this partnership a reality by facilitating the initial meeting between Walton Global and Sprouts Farmers Market at ICSC Las Vegas, the nation's premier retail real estate conference. That introduction helped set the foundation for the lease agreement now signed.

Sprouts Farmers Market will occupy approximately 23,000 square feet within the project's planned 140,000-square-foot retail center. The store is currently anticipated to open in the second half of 2028, subject to customary development approvals from Prince George's County.

"This announcement is a direct result of the intentional, relationship-driven economic development work that PGCEDC does every day on behalf of Prince George's County residents and businesses,” said Ingrid S. Watson, President & CEO of the Prince George’s County Economic Development Corporation. “Our partnership with County Executive Aisha Braveboy, Council Member Wala Blegay, Council Member Danielle Hunter, and the Westphalia community has been instrumental in making this initiative a reality. Sprouts is exactly the kind of quality, health-focused grocery destination that our residents deserve!”

“At ICSC Las Vegas, we made it our mission to connect the right people to unlock the right opportunities for Prince George’s County,” said Larry Hentz, Executive Director of Business Development at the Prince George’s County Economic Development Corporation. “Introducing the Walton Global team to Sprouts was a strategic move rooted in our deep understanding of what this community needs and what this development could become. Seeing that conversation evolve into a signed lease is incredibly gratifying, and it demonstrates the real, tangible impact of PGCEDC’s presence at national retail and real estate forums.”

“I am extremely excited that Sprouts will be an anchor tenant in Westphalia,” said Aisha Braveboy, Prince George’s County Executive. “My administration has been working closely with At-Large Councilmember Wala Blegay, District 6 Council Member Danielle Hunter, and the community to ensure that an elevated grocery experience that provides organic and locally-grown produce is a part of this community. We look forward to welcoming Sprouts to our County! As such, I have instructed my administration to make this a priority project.”

Westphalia Town Center is a 480-acre master-planned, mixed-use community located in Upper Marlboro, Maryland along Maryland Route 4 (Pennsylvania Avenue). The project will include residential neighborhoods, retail, dining, and community services in a cohesive environment.

“Bringing a fresh, high-quality grocery store to our neighborhood is about more than just convenience; it’s about ensuring every family has access to the healthy food they deserve,” said Prince George’s County Councilmember Wala Blegay. “I am proud to announce this new location, and I pledge to work with staff and my colleagues on the Council to actively support the fast tracking of the remaining approvals and infrastructure needs to ensure we get these doors open and our residents served as quickly as possible.”

Westphalia Town Center is envisioned as a premier live-work-play destination, blending modern residential living with walkable retail and community-focused amenities. The broader master plan reflects Walton Global’s long-term commitment to delivering thoughtfully planned communities in high-growth corridors.

“Securing Sprouts as our anchor tenant marks a major milestone for Westphalia Town Center,” said Michael Slavotinek, EVP of Real Estate – East Region at Walton Global. “This partnership advances our vision of delivering a dynamic, community-focused destination that supports long-term growth and connectivity for residents and the surrounding area.”

Heritage Partners is leading leasing efforts for the retail component of the project. For retail leasing inquiries, please contact Brian Greene, EVP Leasing, at bg@hp-llc.com or 703-725-1351. Additional information is available at www.hp-llc.com.

About the Prince George’s County Economic Development Corporation

The Prince George’s County Economic Development Corporation (PGCEDC) is the lead economic development agency for Prince George’s County, Maryland. PGCEDC works to attract, retain, and grow businesses in the County by leveraging its strategic location in the Washington, D.C. metropolitan area, its diverse and talented workforce, and its proximity to major federal agencies, research institutions, and transportation infrastructure. PGCEDC provides a full suite of business services including site selection assistance, financial incentives, and connections to county and state resources. For more information, visit [www.pgcedc.com].

PGCEDC at ICSC Las Vegas 2026

The Prince George’s County Economic Development Corporation will be attending ICSC Las Vegas 2026, Monday, May 18 – Wednesday, May 20, 2026. Retailers and restaurateurs interested in exploring opportunities in Prince George’s County are encouraged to schedule an on-site meeting with our team. To set up a meeting, please contact:

Anthony Jeffrey, Director of Business Development – Restaurant & Retail Phone: 301-583-4617 | Email: ADJeffrey@co.pg.md.us

About Walton Global

Walton Global is an investment real estate and asset management company focused on pre-development land in the path of growth. Founded in 1979, Walton currently manages US $4.44 billion of real estate assets on behalf of investors from more than 91 countries. Walton currently manages or owns approximately 85,000 acres of land across North America, with roughly 90% located in the United States. For more information, visit www.walton.com.

About Sprouts Farmers Market, Inc.

Sprouts Farmers Market is one of the largest and fastest growing specialty retailers of fresh, natural and organic food in the United States. Sprouts helps people live and eat better with fresh produce at the heart of the store and delicious discoveries for every dietary lifestyle. Headquartered in Phoenix, AZ, Sprouts employs approximately 36,000 team members and operates more than 480 stores in 25 states nationwide. To learn more about Sprouts, visit www.sprouts.com/about.

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FOR IMMEDIATE RELEASE: Venture X College Park and Prince George’s County Economic Development Corporation Celebrate Grand Opening of First Flexible Office Space in Prince George’s County

For Immediate Release:

March 23rd, 2026

For more information, contact

Rhett Butler

Marketing & Communications Manager

Prince George's County Economic Development Corporation

rbutler@co.pg.md.us

Cell: 240-427-7926

Brianna Pisacane

Tilson PR (Venture X)

bpisacane@tilsonpr.com

Venture X College Park and Prince George’s County Economic Development Corporation Celebrate Grand Opening of First Flexible Office Space in Prince George’s County

COLLEGE PARK, MD — Venture X®, in partnership with the Prince George’s County Economic Development Corporation (PGCEDC) and the Prince George’s Chamber of Commerce, will host the grand opening and ribbon cutting of Venture X College Park, the County’s first flexible office and coworking space, on Friday, March 27, 2026.

The event will begin with a formal ribbon cutting at 1:00 PM, followed by a community celebration at 2:30 PM, and will take place at 5825 University Research Court, Suite 2000, College Park, MD. The event is open to the public and will feature guided tours of the space, networking opportunities with business leaders, light bites and beverages, and live entertainment.

Located in Discovery District Maryland,, Venture X College Park represents a major addition to Prince George’s County’s growing ecosystem for entrepreneurs, startups, and innovative businesses. The new 13,898-square-foot facility is designed to support companies at every stage of growth while fostering collaboration, connectivity, and access to resources.

“Venture X College Park represents the kind of entrepreneurial infrastructure that helps businesses launch, scale, and thrive in Prince George’s County,” said Ingrid S. Watson, President & CEO of the Prince George’s County Economic Development Corporation. “Spaces like this foster collaboration, innovation, and opportunity by bringing together entrepreneurs, startups, and growing companies in one supportive environment. We are excited to welcome Venture X to the Discovery District and celebrate the continued growth of our county’s innovation economy.”

Owned and operated by Moniesha Jackson Shorter, Venture X College Park was created to provide more than just workspace—it offers a community-driven environment designed to empower entrepreneurs and small business owners.

“When I began my own founder journey in 2018, I realized how powerful it would have been to have a space that offered not just an office, but a true community of support,” said Moniesha Jackson Shorter, Owner and Principal of Venture X College Park. “Venture X College Park was created to be the kind of environment I needed in those early days, a place where entrepreneurs, small business owners, and innovators can connect, collaborate, and grow. I believe that when entrepreneurs have access to the right resources, networks, and support systems, they are better positioned to succeed. I’m proud to bring that kind of energy and opportunity to Prince George’s County and to help build a thriving ecosystem for the next generation of business leaders.”

The facility features 60 private offices ranging in capacity from 1 to 5 people, shared coworking space, two conference rooms, a training room, and a café-style lounge that doubles as an event space. Additional amenities include free parking, electric vehicle charging stations, and convenient access to nearby dining options, creating a modern, dynamic environment for today’s workforce.

Strategically located near the University of Maryland and key research institutions, Venture X College Park is positioned at the intersection of innovation, talent, and opportunity—further reinforcing Prince George’s County as a destination for business growth and entrepreneurship.

Event Details:
Grand Opening & Ribbon Cutting – Venture X College Park
Friday, March 27, 2026
1:00 PM (Ribbon Cutting) | 2:30 PM (Community Celebration)
5825 University Research Court, Suite 2000
College Park, MD 20740

About Venture X®

Venture X® is a shared workspace and flex office community that is a blend of a boutique hotel and modern office styles, with a high level of design that feels professional and welcoming. Each Venture X location features beautifully designed spaces and a highly developed environment within a community where people love coming to work every day. Venture X is part of Vast Coworking Group™, the world’s largest privately-owned franchisor of coworking spaces and the third-largest network globally. For more information about Venture X, visit www.venturex.com, and for information about franchise opportunities, please visit www.venturexfranchise.com.

About Prince George's County Economic Development Corporation

PGCEDC's mission is to cultivate and promote a strong local economy supporting entrepreneurs' and businesses' growth and prosperity. It is dedicated to strengthening communities through business development and job creation. For more information about Prince George's County Economic Development Corporation's services to local companies, visit www.pgcedc.com. 

FOR IMMEDIATE RELEASE: National Harbor to Celebrate Black-Owned Businesses During Black History Month

For Immediate Release:

February 9th, 2026

For more information, contact

Rhett Butler

Marketing & Communications Manager

Prince George's County Economic Development Corporation

rbutler@co.pg.md.us

Cell: 240-427-7926

National Harbor to Celebrate Black-Owned Businesses During Black History Month

NATIONAL HARBOR, MD – National Harbor is celebrating Black History Month with The Black-Owned Business Collective Bazaar, a vibrant marketplace taking place on Saturday, February 21, from 1 to 5 p.m. at 151 St. George Blvd. The community is invited to shop, connect, and celebrate Black entrepreneurship and culture.

The Bazaar will feature retail booths from Black-owned restaurants and specialty shops at National Harbor and will offer guests the opportunity to purchase products, enjoy samplings and experience live demonstrations by business owners. A live DJ will set the tone for the celebratory atmosphere throughout the afternoon.

The event aligns with National Harbor’s ongoing commitment to cultural celebration, inclusion and community-focused programming. The event is also in partnership with Prince George’s County Economic Development.

“We are excited to be able to celebrate and support our many Black-owned businesses,” said Lauren Fells, marketing content manager at National Harbor who also organized the event. “There are so many unique shops, restaurants and experiences available at National Harbor. The program is an incentive for guests to discover something new and meet the owners.”

Participating businesses range from restaurants like The Brass Tap, to the brand new Wigenton Candles Co and experiences like Sip & Develop and Thread and Sole by Ki-netics Lab. For the full list of Black-owned businesses, visit www.nationalharbor.com/black-owned-businesses.

For more information on National Harbor, go to www.nationalharbor.com.

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About National Harbor

Situated on the banks of the historic Potomac River and just minutes from the nation’s capital, National Harbor is a waterfront resort destination unlike any other. National Harbor is home to two of Maryland’s Four Diamond rated hotels—Gaylord National Resort and Convention Center, the East Coast’s largest non-gaming hotel and convention center and has almost 2,000 hotel rooms and 660,000 sq. ft. of meeting space and MGM National Harbor, an integrated luxury casino resort with renowned chef-driven restaurants, a 3,000-seat state-of-the art theater and one of the largest gaming floors outside of Las Vegas. The vibrant Waterfront District features boutique shops, restaurants and entertainment options along picturesque promenades. The iconic Capital Wheel, a 180-ft observation wheel, Tanger National Harbor’s 85 designer brands, and a robust calendar of events round out this destination that welcomes more than 15.2 million visitors a year. For more information, visit www.NationalHarbor.com.

About Prince George's County Economic Development Corporation

PGCEDC's mission is to cultivate and promote a strong local economy supporting entrepreneurs' and businesses' growth and prosperity. It is dedicated to strengthening communities through business development and job creation. For more information about Prince George's County Economic Development Corporation's services to local companies, visit www.pgcedc.com. 

FOR IMMEDIATE RELEASE: IonQ Makes WBJ M&A List

For Immediate Release:

February 6th, 2026

For more information, contact

Rhett Butler

Marketing & Communications Manager

Prince George's County Economic Development Corporation

rbutler@co.pg.md.us

Cell: 240-427-7926

Prince George's County Economic Development Corporation Celebrates IonQ Securing Two Spots on Washington Business Journal’s Top 20 Largest M&A Deals of 2025

Laurel, MD — Prince George’s County Economic Development Corporation (PGCEDC) proudly congratulates IonQ Inc., headquartered in College Park, Maryland, for earning two placements on The Washington Business Journal’s list of “The 20 Largest M&A Acquisitions by Greater Washington Companies in 2025,” ranked by purchase price.

The recognition highlights IonQ’s continued leadership in quantum computing and its growing influence within the global technology and innovation ecosystem. According to research conducted by Carolyn M. Proctor of The Washington Business Journal, IonQ secured the 8th and 16th largest deals on the 2025 list:

#8 — $1.08 Billion Acquisition

On September 17, 2025, IonQ acquired Oxford Ionics Ltd., a quantum computing company based in Kidlington, United Kingdom, in a deal valued at $1.08 billion. The acquisition strengthened IonQ’s capabilities in advanced quantum hardware and accelerated its global expansion strategy.

#16 — $157 Million Acquisition

On April 30, 2025, IonQ acquired ID Quantique SA, headquartered in Geneva, Switzerland, for $157 million. The purchase enhanced IonQ’s portfolio in quantum-safe networking and cybersecurity technologies, reinforcing its leadership in next-generation secure communications.

“These achievements reflect the remarkable growth and global impact of IonQ and reinforce Prince George’s County’s position at the forefront of quantum innovation,” said Ingrid S. Watson, President & CEO of the Prince George’s County Economic Development Corporation. “IonQ’s strategic investments in advanced technology and international partnerships demonstrate how companies in our region are shaping the future of computing, cybersecurity, and scientific discovery. We are proud to support a business ecosystem where innovation, research, and commercialization converge.”

IonQ’s continued expansion underscores the strength of Prince George’s County’s technology and research corridor, anchored by the Discovery District in College Park and supported by partnerships across academia, industry, and government. The company’s global reach and strategic acquisitions contribute to regional job growth, investment attraction, and the advancement of cutting-edge technologies with applications in healthcare, finance, national security, and scientific research.

PGCEDC remains committed to fostering a dynamic innovation economy by supporting high-growth technology companies and promoting Prince George’s County as a premier destination for research, advanced manufacturing, and quantum computing.###

About Prince George's County Economic Development Corporation

PGCEDC's mission is to cultivate and promote a strong local economy supporting entrepreneurs' and businesses' growth and prosperity. It is dedicated to strengthening communities through business development and job creation. For more information about Prince George's County Economic Development Corporation's services to local companies, visit www.pgcedc.com.