Cityzenith Launches $20,000,000 Regulation A+ on StartEngine
Market-leading Digital Twin provider Cityzenith based out of Chicago recently launched its $20 million Regulation A+ crowdfunding round on StartEngine, one of the leading crowdfunding platforms in the world. Cityzenith’s Regulation A+, or SPO (Simple Public Offering), is open to accredited and non-accredited investors alike the world over who are able to invest as little as $500. In the first couple of days since launching Cityzenith have already amassed over 100+ new investors. Cityzenith has...
Georgia DOT Awards $58.5 Million in Construction Contracts for May
ATLANTA, GA – Georgia Department of Transportation (Georgia DOT) awarded 32 construction contracts for statewide transportation projects totaling $58,534,346. The largest single awarded investment, worth approximately $6.3 million, was awarded to Oxford Construction Company to construct 0.578 mile of three bridges and approaches on State Route 37 over Pachitla Creek and overflows in Calhoun County. This contract, along with one other bridge construction contract, represent 17 percent or $10 m...
USDOT to Award $906M in INFRA Grants
The U.S. Department of Transportation noted on June 18 that it plans to issue $906 million to fund 20 projects in 20 states via its Infrastructure for Rebuilding America or INFRA discretionary grant program; funds being funneled largely through state departments of transportation. [Above photo by the USDOT.] USDOT said in a statement that applications for this round of INFRA grant program funding – established by the 2015 Fixing America’s Surface Transportation or FAST Act –...
FTA Funds TOD Study of DART’s D2 Project Stations
The Federal Transit Administration (FTA) has awarded Dallas Area Rapid Transit (DART) $1 million to plan for transit-oriented-development (TOD) at five stations along the planned two-mile Downtown Dallas (D2) Subway. The D2 Subway project is a future second light rail line through downtown Dallas that extends from Victory Park to Deep Ellum while adding four new stations and relocating another. The funded TOD study includes one surface station (Museum Way), three underground s...
U.S. Department of Transportation Awards $43.3 Million in Advanced Transportation and Congestion Management Technologies Grants
WASHINGTON – The U.S. Department of Transportation’s Federal Highway Administration (FHWA) today awarded Advanced Transportation and Congestion Management Technologies Deployment (ATCMTD) grants valued at $43.3 million to ten states for projects using cutting-edge technologies that will improve mobility and safety for America’s travelers. “This $43.3 million in federal funding will advance innovative technologies that will improve mobility and safety in America’s transportation network,” said...
Federal Transit Administration Announces $22.97 Million to Improve Transit Access in Selected Communities Around the Country
WASHINGTON – The Federal Transit Administration (FTA) today announced that it has awarded a total of $22.97 million to 23 organizations around the country to support comprehensive planning projects that improve access to public transportation. The funds are from FTA’s Pilot Program for Transit-Oriented Development (TOD) Planning, which assists communities that are developing new or expanded mass transit systems. "We are proud to support our local partners as they plan for transit-oriented dev...
U.S. Department of Transportation Announces Availability of $291 Million for Rail Capital Projects
WASHINGTON - The U.S. Department of Transportation’s Federal Railroad Administration (FRA) today issued a Notice of Funding Opportunity (NOFO) for the Federal-State Partnership for State of Good Repair Grant Program (Partnership Program). The NOFO includes $291.4 million in grant funding and is the third such NOFO for the Partnership Program to help repair and rehabilitate intercity passenger railroad assets. “This Administration has continuously emphasized the importance of investing in the...
BYD Partners with Transit Partners to Secure FTA Grant Awards
Los Angeles, CA, June 11, 2020 - BYD (Build Your Dreams) congratulates its transit agency partners for securing Federal Transit Administration (FTA) grants to expand the use of zero-emission bus technology. Agencies partnering with BYD secured over $10 million in FTA funding through the agency’s Low- or No-Emission (Low-No) Grant program, which funds the purchase or lease of zero-emission and low-emission transit buses and supporting facilities. “BYD is ready to assist its transit agency c...
Scaling up for 2021: AW-Energy seeking growth capital to deliver its first scheduled commercial wave energy projects with its certified technology
Finland: AW-Energy Oy (AWE), the Finnish global leading wave energy technology company, is using corporate finance advisory firm Fredericks Michael & Co. in New York to identify and approach potential strategic partners and investors for additional growth capital needs in support of the commercial WaveRoller® deliveries scheduled in 2021. With projects in US, Europe and Asia, AWE expect to see rapid growth for its technology as governments, operators and energy policy strive for cleaner and...
U.S. Department of Transportation Announces $130 Million in Grants for Nationwide Projects to Expand Advanced, Efficient Bus Technologies
WASHINGTON – The U.S. Department of Transportation’s (USDOT) Federal Transit Administration (FTA) today announced approximately $130 million in grant selections through the Low- or No-Emission (Low-No) Grant program, which funds the deployment of transit buses and infrastructure for the purchase or lease of zero-emission and low-emission transit buses and supporting facilities. In this competition, FTA focused on the introduction of new technology not commonly found within U.S. transit systems...