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National experts warn of space industry slowdown, Colorado boasts recent industry wins

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National experts warn of space industry slowdown, Colorado boasts recent industry wins


Specialists on the annual State of Area Thursday warned the expansion of the industrial area business might sluggish, a development Colorado and native consultants say hasn’t touched the meteoric rise of the business within the state. 

Kari Bingen, a senior fellow within the Worldwide Safety Program on the Heart for Strategic and Worldwide Research, mentioned a industrial area slowdown and consolidation inside the business may very well be attainable amid bigger financial circumstances.  

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“The industrial market demand will not be panning out as many thought and you might be seeing a shift to authorities work. … So the query is will we see sufficient market demand to maintain the market development,” she mentioned, through the Area Basis occasion. 

In January, Reuters reported that investments in area startups greater than halved in 2022 to $21.9 billion in comparison with 2021 when the they drew a report $45.7 billion.

On the similar time, some area corporations are struggling to make projections after going public and their shares are usually not doing properly, mentioned Jeffrey Manber, president of Worldwide and Area Stations at Voyager Area. He outlined his issues amid a typically constructive outlook, saying the state of area has “by no means been higher.”

He mentioned he frightened these performances may flip off traders, when it could simply have been untimely for these area corporations to go public. 

Amid worldwide pressure, he mentioned he was additionally involved the worldwide provide chain may develop into extra regionalized.

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When requested to weigh in Friday, Colorado corporations and consultants outlined a shiny outlook and plenty of latest wins for the aerospace business that features about 400 corporations, in line with the state.  


Colorado Springs approves settlement for brand new rail spur to serve industrial park, Fort Carson

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For instance, Lockheed Martin’s Littleton location introduced on Friday it gained a $1.1 billion contract with the Navy to combine hypersonic strike functionality onto floor ships.

On the whole, Tim Shephard, Lockheed Martin Area’s enterprise improvement vp, mentioned his firm was seeing the area economic system develop and the federal government work to carry concepts from design to orbit sooner. 

“We’re seeing the federal government make shifts to growing and buying new expertise and capabilities even sooner to handle international safety threats,” he mentioned. 

In one other win, Colorado is now the everlasting house of the annual Air and Area Forces Affiliation Warfare Symposium. The three-day occasion deliberate in Aurora throughout March was beforehand held in Orlando, mentioned Robert Beletick, aerospace and protection business supervisor for the Colorado Workplace of Financial Growth and Worldwide Commerce. 

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The business can be thriving in Colorado Springs, house to 200 area, aerospace and protection corporations, in line with an announcement from Colorado Springs Chamber and Financial Growth Corp. 


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“Within the latest previous, Bluestaq, Aerospace Firms, Caliola Engineering, Zivaro, and Northrop Grumman have all introduced expansions, which collectively will add tons of of jobs and thousands and thousands in capital funding immediately into the Pikes Peak Area,” the assertion mentioned. 

The Denver metro can be seeing elevated curiosity from the enterprise with 19 corporations within the business contemplating relocating or increasing to the realm in comparison with six final 12 months, mentioned Raymond Gonzales Metro Denver Financial Growth Company president. 

ThinkOrbital, Karman+, Star Harbor Academy, and Orbit Fab have all additionally introduced expansions within the Denver area previously 12 months, he mentioned. 

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Colorado

Full list of Colorado road closures amid heavy pre-Thanksgiving snow

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Full list of Colorado road closures amid heavy pre-Thanksgiving snow


Several Colorado roads were closed on Wednesday morning because of a winter storm that arrived as some people set out for Thanksgiving travel.

Various weather impacts are expected across the nation as almost 80 million Americans are set to travel for the holiday, the American Automobile Association reported. AccuWeather forecasts that “significant travel disruptions are anticipated for tens of millions” of travelers.

The busiest travel days were expected to be Tuesday and Wednesday. In Colorado, National Weather Service (NWS) meteorologists have issued a slew of winter weather warnings, with heavy snow expected to impact some roads for holiday travelers.

Drivers make their way along slick and snowy roads on November 26, 2019, in Denver, Colorado. Several Colorado roads were closed on Wednesday amid multiple winter storm warnings.

Joe Mahoney/Getty

According to COtrip, a real-time traffic and roads website managed by the Colorado Department of Transportation (CDOT), several Colorado roads are closed on Wednesday because of poor conditions.

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Newsweek has reached out to the CDOT by email for comment.

CO 9 Northbound was closed between County Road 4 and County Road 2 this morning because of a stalled vehicle, the department reported, with additional details warning of snow and ice on the road.

U.S. 550 was closed in both directions between County Road 31, 10 miles north of Silverton, and County Road 20D, 11 miles south of Ouray because of snow removal operations.

CO 65 appears to be closed in both directions, though the most recent update was issued on Tuesday evening. A photo showed whiteout conditions and CDOT cited safety concerns as the reason for closing the road.

U.S. 6 also still appeared to be closed after a Tuesday night update from CDOT. The closure is in place between Mile Point 222 and I-70; Loveland Pass (three to 10 miles east of Keystone) from Mile Point 222 to Mile Point 228.7. Photos showed dangerously snowy conditions and the NWS office in Boulder shared an image of the conditions on social media.

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“CDOT cam from US-6 near Loveland Pass (closed) gives you a good idea of what snow removal crews are dealing with,” NWS Boulder posted on X, formerly Twitter, in the early hours of Wednesday morning. “1.5-2 ft of snow has fallen so far above ~10k ft with snow ongoing.”

CO 58 westbound was closed at Ford Street in Golden on Wednesday morning because of a crash, CDOT said.

Hazardous travel conditions could occur throughout the day, with several NWS winter storm warnings remaining in place until this evening.

“Travel could be very difficult to impossible. The hazardous conditions could impact the Tuesday morning and evening commutes,” one such warning issued by the NWS office in Grand Junction said. “If you must travel, keep an extra flashlight, food and water in your vehicle in case of an emergency.”

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Opinion: New Colorado report shows the urgent need to rein in hospital facility fees for patients like mine

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Opinion: New Colorado report shows the urgent need to rein in hospital facility fees for patients like mine


As a physician in Colorado, I see firsthand how high health care costs are burdening families. Insurance premiums and deductibles are already stretching budgets, but unregulated facility fees are making things worse. These hidden fees add unexpected costs to routine care, further burdening patients who are trying to access the medical services they need in the future. A new report illustrates even more clearly the need to rein these fees in.

Facility fees, which can range from a hundred dollars to over $800, are additional charges that hospitals tack onto your bill when you receive care at a hospital-owned clinic or provider. These fees are often separate from the cost of the actual medical service and can drastically increase the price of a doctor’s visit or procedure. Patients often don’t realize they’re being charged until they get the bill, leaving them with financial stress and uncertainty about getting further treatment.

Colorado recently released the Hospital Facility Fee Report, providing crucial insight into the growing problem of these fees. The 200-page report stems from House Bill 1215, passed by Colorado lawmakers in 2023. The bill created a steering committee composed of health care consumers, payers and providers, to examine the prevalence of facility fees and their impact on consumers. 

The steering committee had limited data to work with, given that differing billing practices and that the fees are generally poorly disclosed, has made researching the fees a difficult task. Still, the findings were alarming and confirmed what patients and providers alike have been experiencing for years: Facility fees are driving up health care costs without improving care.

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One of the most concerning findings in the report is that patients who see a doctor or provider affiliated with a hospital in Colorado are paying nearly double the amount in added fees compared to those who visit independent providers. Between 2017 and 2022, Coloradans paid over $13.4 billion in facility fees. Even worse, the amount of these fees has been increasing by 10% every year. These costs are unsustainable for patients and create yet another barrier to health care access.

It’s no coincidence that facility fees have risen at the same time that large hospital systems are buying up independent providers at an unprecedented rate. This consolidation of health care providers allows hospitals to charge more unregulated fees, boosting their profits while limiting affordable options for patients. As competition dwindles, Coloradans are left with fewer choices for health care, and they’re paying the price — literally.

The Hospital Facility Fee Report underscores the need for swift and comprehensive action from state leaders. Without additional protections, these fees will continue to increase, making health care more expensive for everyone. 

As a physician, I see how this directly harms patients. Many are delaying necessary care because they simply cannot afford the fees that come with a hospital-affiliated provider.

The key takeaways from the report are clear: Facility fees do not result in better patient outcomes, and they create uncertainty around health care costs, often preventing patients from getting the care they need. 

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Colorado has already taken the first step by commissioning this report, but it’s not enough. We must act now to regulate facility fees and protect patients from skyrocketing health care costs. 

Our leaders need to do more to protect patients from rising hospital costs, and consumers deserve to know what their costs are so they can anticipate their family budgets. Eighty-three percent of Coloradans report being worried about affording health care costs now and in the future.

Our legislators need to take the concerns of their constituents seriously. Coloradans support legislation that would require hospitals to provide up-front cost estimates, set standard payments to hospitals for specific procedures, impose price controls between insurers and hospitals, and create policies that drive competition. By doing so we can take yet another step toward ensuring health care is truly affordable and accessible for all Coloradans.

Dr. David Silver, MD, MPH, of Boulder, is a medical advocate whose 46-year career in emergency medicine, occupational health and primary health care was based in Colorado. The views expressed are their own and do not represent the opinions of any entity with which they are affiliated.


The Colorado Sun is a nonpartisan news organization, and the opinions of columnists and editorial writers do not reflect the opinions of the newsroom. Read our ethics policy for more on The Sun’s opinion policy. Learn how to submit a column. Reach the opinion editor at opinion@coloradosun.com.

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Type of Story: Opinion

Advocates for ideas and draws conclusions based on the author/producer’s interpretation of facts and data.



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BREAKING: Oklahoma State loses commitment from Sunshine State prospect

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BREAKING: Oklahoma State loses commitment from Sunshine State prospect


Stuart (Fla.) IMG Academy three-star EDGE Alexander McPherson has decommitted from Oklahoma State, according to On3’s Hayes Fawcett.

He was pledged to the Cowboys since June 11 and is coming off an official visit to Colorado earlier this month.

McPherson is the No. 864 overall prospect and No. 79 EDGE in the 2025 cycle, according to the On3 Industry Ranking, a weighted average that utilizes all four major recruiting media companies. He’s also the No. 112 player in Florida.

On3’s Steve Wiltfong logged a pick in the On3 Recruiting Prediction Machine in favor of Colorado flipping McPherson earlier on Tuesday. The Buffs got the Sunshine State recruit up to Boulder for an official visit, where he saw a win over Utah and an impressive atmosphere at Folsom Field.

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“The environment in Boulder was electric,” McPherson told Wiltfong after the OV. “There is so much energy there!

“What continues to excite me on top of the great coaching and development there is also a sense of mentorship from guys that have been there and done what you want to do. I believe that could be another advantage that helps get me to the next level.”

Across nine games as a senior, McPherson racked up 52 total tackles, including 13 for loss. He also tallied eight sacks.

Cowboys have slim 2025 class ahead of National Signing Day

With McPherson no longer in the fold in Stillwater, Oklahoma State now has just 14 commits in its 2025 recruiting class — which ranks No. 59 in the nation, according to the On3 Industry Team Recruiting Rankings.

Mike Gundy’s pledge list does not feature a blue-chip prospect with National Signing Day just over a week out.

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