Latest news with #VerusResearch
American Military News
11-06-2025
- Business
- American Military News
Alabama defense contractor acquires Albuquerque's Verus Research
The Albuquerque-based Verus Research on Monday announced that Alabama-based contractor Radiance Technologies acquired it over the weekend. The companies hope the move, effective as of Sunday, will expand their combined capabilities across the energy, space, prototyping, cybersecurity, data science and artificial intelligence fields. The New Mexico research and development company will maintain its local operations as a wholly owned subsidiary of Radiance. Verus Research CEO Grady Patterson declined to disclose the amount of the deal. 'By combining those two (companies), we're able to leverage each other's strengths,' Patterson said in an interview. The acquisition aligns with state efforts to establish itself as a tech hub, leveraging its rich R&D legacy at places like Sandia National Laboratories and Los Alamos National Laboratory while expanding into emerging areas such as quantum computing and artificial intelligence. Radiance Technologies, founded in 1999, is an employee-owned prime contractor with more than 1,000 employee-owners across the U.S. It works with the U.S. Department of Defense and other national intelligence firms, and already has a presence in New Mexico through project offices at Kirtland Air Force Base and White Sands Missile Range. Much of Verus' work also involves the DOD, Mark DelGrande, the chief technology officer at Verus, told the Journal in a Business Outlook podcast episode last year. Patterson described the work at Verus as 'cutting-edge technical prototyping, hardware development, proof of concept,' whereas Radiance has a deep technical domain. Patterson said there will be no job consolidations at Verus as part of the acquisition. Verus, which has appeared four times on the Inc. 5000 list and was founded in 2014, expanded its New Mexico presence in 2021 with a 41,000-square-foot building in southeast Albuquerque. It recently opened a 27,000-square-foot remodeled office and laboratory space with state-of-the-art robotics and radio frequency design capabilities, according to a news release. 'We're not leaving the community,' Patterson said. 'We're not refocused off the community. Our engagement will still be with the surrounding community. We're still here to help build that tech hub for New Mexico.' He acknowledged that acquisitions can be nerve-wracking, but said this takeover by Radiance will ultimately bring growth to the state. 'Instead of one-off proof of concepts, it might be larger, higher-tech maturity systems that are being used by our warfighters on a shorter time scale,' Patterson said. ___ © 2025 the Albuquerque Journal Distributed by Tribune Content Agency, LLC.
Yahoo
19-03-2025
- Business
- Yahoo
An inside look at a Verus Research internship
ALBUQUERQUE, N.M. (KRQE) – No amount of academia and lectures can prepare someone for everything they will experience in the real world, but there are opportunities for experiential learning even if a student hasn't finished their undergraduate degree: internships. This week, New Mexico Living's Logan Rader and Monica Wicke sit down with Dan Treibel, Chief Operating Officer, and Tiffany Berntsen, Nuclear Systems Integration Lead at Verus Research, to discuss the company's internship program, currently open available internship positions, and what the perfect candidate will look like. Learn more about Verus Research Mexico Frontiers Digital Show is KRQE New 13's online exclusive web series, giving viewers a more detailed look into how the state is making waves in the Aerospace, Bio-science, Renewable Energy, Digital Media and Film, and Advanced Manufacturing communities. For more segments on prior stories, visit the New Mexico Frontiers page by clicking this link. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
19-02-2025
- Business
- Yahoo
Verus commitment to equality supports Women in STEM
If you ask someone what they think some of Verus Research's commitments are, they might mention satellite systems, nuclear science, or military technology. Still, there is another commitment that is just as important to revolutionary small businesses: equality. This week, NM Living's Logan Rader and Monica Wicke sit down with Jennifer Sloane-Warren, Technical Advisor and Research Physicist for the Directed Energy Test & Evaluation portfolio, and Tiffany Berntsen, Nuclear Systems Integration Lead at Verus Research, to discuss the company's dedication to equality through mentorship programs for younger female employees, sponsored meetings and events to highlight women, and outreach in the community. Learn more about Verus Research Mexico Frontiers Digital Show is KRQE New 13's online exclusive web series, giving viewers a more detailed look into how the state is making waves in the Aerospace, Bio-science, Renewable Energy, Digital Media and Film, and Advanced Manufacturing communities. For more segments on prior stories, visit the New Mexico Frontiers page by clicking this link. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
