Alabama had $3.5 billion in foreign investment in 2024; ULA Vulcan rocket certified for security space launch missions; Huntsville port had most rail lifts since 2008 in 2024; UAH researcher wins $500K NSF grant

Alabama had capital investment of $3.5 billion from companies in 17 countries in 2024, according to the Department of Commerce.

Alabama had $3.5 billion in foreign investment in 2024

Alabama had capital investment of $3.5 billion from companies in 17 countries in 2024, according to the Department of Commerce. The top five were India, Australia, South Korea, Japan and Mexico. – AL.com

ULA Vulcan rocket certified for security space launch missions

The U.S. Space Force has certified United Launch Alliance’s Vulcan rocket for use in National Security Space Launch missions. ULA, located in Decatur, is now one of two certified providers with rockets eligible to launch NSSL missions. – Space Systems Command

Huntsville port had most rail lifts since 2008 in 2024

- Sponsor -

The International Intermodal Center at the Port of Huntsville said its 2024 rail lifts were the most since 2008. The port saw 22.3% more rail lifts than in 2023. On March 19, the port surpassed 1 million rail lifts. – Port of Huntsville

UAH researcher wins $500K NSF grant

Dr. Hanumanthrao Kannan, an assistant professor in engineering at the University of Alabama in Huntsville, has received a $500,000 National Science Foundation award. The grant is for Kannan to research and reimagine foundational aspects of systems engineering. – University of Alabama in Huntsville

The latest Alabama business news delivered to your inbox