AGP Executive Report
Last update: 12 hours agoTechnology & Logistics: Waltham-based Rocket Software acquired Geniez AI to add agentic AI tools for mainframe operations and modernization. Boston supply-chain technology firm Tive won a Gold Globee for innovation, while UK AI studio LevelFive named a US managing director and plans to establish its North American headquarters in Boston. Biotech & Manufacturing: Thermo Fisher added sterile drug-product lines and bioprocessing capacity at a Massachusetts site. Cambridge biotech Novastra will present initial Phase 1 melanoma data at an upcoming medical congress. Defense: Raytheon won Navy research work on radar-processing software, with development planned in Andover through 2031. Clean Energy: Massachusetts regulators improved the process for connecting clean-energy projects and storage to the grid, while a new $47.7 million federal grant will support upgrades to New England’s transmission network. Industrial Property: An investment firm based in Bahrain bought five Central Massachusetts industrial sites for $42.7 million.
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