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Capital for early-stage MT tech rising, but housing a challenge

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Capital for early-stage MT tech rising, but housing a challenge


Martin Kidston

(Missoula Present) The quantity of capital invested into younger Montana expertise firms has grown many occasions over within the final 10 years, giving early-stage corporations a leg up as they appear to compete in a bigger market.

However whereas the quantity of funding has grown, so too has the demand for housing within the state’s bigger cities, and already it has emerged as a possible barrier to financial progress, capital or not.

The main points surfaced this week as college officers and entrepreneurs sat down with Sen. Jon Tester to start creating a technique as Montana seems to vie for federal funding to launch a rural expertise hub.

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Development within the degree of capital invested into early-stage Montana tech firms may play nicely on the state’s resume.

Garrett Leach, an affiliate for Subsequent Frontier Capital, stated simply $220 million was invested into early-stage Montana companies between 1995 and 2014, amounting to round $10 million a yr. After Subsequent Frontier was based in 2015, the extent of funding has grown to $1 billion.

“That is a 10x annualized improve within the availability of enterprise capital invested within the state,” Leach stated. “That is capital to assist entrepreneurs develop and scale companies, taking concepts from the lab to the market.”

Whereas Subsequent Frontier is predicated in Bozeman, it has invested in early-stage firms throughout the state, together with Submittable, based mostly in Missoula.

Gov. Greg Gianforte handle workers at a expertise firm in Missoula. (Martin Kidston/Missoula Present file)

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Gov. Greg Gianforte handle workers at a expertise firm in Missoula. (Martin Kidston/Missoula Present file)

It additionally helped seed Blackmore Sensors and Analytics in Bozeman, which is creating a LiDAR system to be used in autonomous driving. The corporate has since been bought by Aurora because it pursues autonomous trucking.

Different early successes embody S2 Corp. – a bandwidth analyzer with purposes in digital warfare, sign intelligence and sign processing – and Bridger Photonics, which has developed fuel mapping LiDAR expertise to determine and measure methane leaks within the oil and fuel business.

“These are three successes originating from only one lab at Montana State College that spotlight how the mixture of personal capital, glorious entrepreneurs and authorities funded analysis can create firms with actual impression and worth proper right here in Montana,” Leach stated.

Whereas the funding of personal capital is crucial for nurturing companies within the state and serving to them develop to compete on a nationwide scale after shifting from the lab to the market, the opposite important part is housing the workforce.

Economists with the Bureau of Enterprise and Financial Analysis on the College of Montana for the previous a number of years have warned that the housing challenges going through the likes of Missoula and Bozeman may hinder financial progress, particularly when employees wrestle to seek out or afford housing.

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Companies have discovered it tough to recruit and retain employees, even after the Montana College System prepares them for jobs in rising applied sciences. The shortage of a wholesome housing stock has performed a hand in rising costs, and it is a problem going through a lot of bigger Montana cities throughout the state.

Nathan Greenfield of Bridger Photonics discusses the tech firm’s evolutions and challenges. (Martin Kidston/Missoula Present)

Nathan Greenfield of Bridger Photonics discusses the tech firm’s evolution and challenges throughout a roundtable speak with Sen. Jon Tester in Missoula. (Martin Kidston/Missoula Present)

The challenges aren’t misplaced on Nathan Greenfield, vp of engineering and IT at Bridger Photonics. The corporate was launched in 2006 and has since moved past analysis and improvement to start manufacturing the merchandise it created.

That has created new jobs in logistics, expertise, cyber infrastructure and manufacturing, amongst others. However recruiting and retaining workers within the state’s sizzling housing market hasn’t been simple, he stated.

“Whereas we have what we contemplate to be good wages and good jobs, we’re being outpaced by letting folks keep on the town and the neighboring areas. That is been our largest challenge in having the ability to keep native,” stated Greenfield. “We’ve transitioned to be extra of a producing firm that builds the techniques we design. These jobs cannot be distant. They can not be dealt with by anybody having the ability to are available a couple of days every week.”

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In Missoula, the town has taken a lot of steps in an effort to handle the housing disaster. Whereas it has backed a lot of price-restricted tasks, it is also taking steps to reform its zoning codes in hopes of clearing the slate for the personal market to satisfy native demand.

Gov. Greg Gianforte additionally convened a housing job pressure final yr, and a lot of payments are earlier than the Legislature that might assist or hinder housing efforts on the native degree.

Gianforte on Tuesday urged the Legislature to go reforms he believes will improve the provision of reasonably priced workforce housing.

“Housing is a high precedence for Montanans. I hear it time and again from of us all through the state,” Gianforte stated. “To extend the provision of reasonably priced workforce housing, we are able to’t hold doing the identical factor we’ve finished yr after yr after yr. The state can’t. And native governments can’t. It hasn’t labored.”





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Montana Supreme Court upholds landmark youth climate ruling

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Montana Supreme Court upholds landmark youth climate ruling


Montana’s Supreme Court has upheld a lower court’s decision that had sided with 16 young activists who argued that the state violated their right to a clean environment.

The lawsuit was brought by students arguing that a state law banning the consideration of climate when choosing energy policy was unconstitutional.

In a 6-to-1 ruling, the top court found that the plaintiffs, between ages five and 22, had a “fundamental constitutional right to a clean and healthful environment”.

Wednesday’s ruling came after a district court’s decision last year was appealed by the state. Similar climate lawsuits are ongoing across the US but this is first of its kind a from a state supreme court.

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The lawsuit targeted a 2011 state law that made it illegal for environmental reviews to consider climate impacts when deciding on new projects, like building new power plants.

It cited a 50-year-old constitutional clause that guaranteed the “state and each person shall maintain and improve a clean and healthful environment in Montana for present and future generations”.

The ruling on Wednesday stated that the “plaintiffs showed at trial – without dispute – that climate change is harming Montana’s environmental life support system now and with increasing severity for the foreseeable future” .

Rikki Held, the lead plaintiff in the lawsuit, said in a statement that “this ruling is a victory not just for us, but for every young person whose future is threatened by climate change”.

Montana state officials expressed disappointment with the court’s decision.

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Governor Greg Gianforte said his office was still assessing the ruling, but predicted the impact would be “perpetual lawsuits that will waste taxpayer dollars and drive up energy bills for hardworking Montanans”.

Western Environmental Law Center, which represented the young plaintiffs, said in a statement that the decision marks “a turning point in Montana’s energy policy”.

It said plaintiffs and their legal team “are committed to ensuring the full implementation of the ruling”.

Similar cases are scheduled to be heard in several other states, including Hawaii, Utah and Alaska, as well as in countries like Australia, New Zealand, Pakistan, Colombia and Uganda.



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Montana Supreme Court affirms decision in landmark youth climate case

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Montana Supreme Court affirms decision in landmark youth climate case


What’s New

The Montana Supreme Court on Wednesday affirmed a landmark climate decision that declared the state was violating residents’ constitutional right to a clean environment by allowing oil, gas and coal projects without regard for global warming.

Why It Matters

The decision reinforces an August 2023 ruling by District Court Judge Kathy Seeley, who found that Montana’s practices violated its residents’ constitutional right to a “clean and healthful environment.”

This pivotal case, spearheaded by a group of young plaintiffs aged 6 to 23, represented a milestone for climate advocates seeking judicial intervention to compel governmental action on climate change.

What To Know

On Wednesday in a 6-1 ruling, the Montana Supreme Court upheld the August 2023 decision.

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The court’s decision strikes down a state policy that prohibited the consideration of greenhouse gas emissions in granting permits for fossil fuel development.

The state had previously appealed the ruling by Seeley, and arguments were heard in July, in which the state argued that greenhouse gases released from Montana fossil fuel projects are minuscule on a global scale and reducing them would have no effect on climate change.

Dale Schowengerdt, representing Montana Governor Greg Gianforte and state environmental agencies, argues before the Montana Supreme Court on July 10, 2024, in Helena, Montana, in the youth climate lawsuit Held v. Montana. The Montana Supreme…


Thom Bridge/Independent Record/ AP

Chief Justice Mike McGrath dismissed the state’s argument that Montana’s emissions are insignificant on a global scale, likening the defense to an “everyone else is doing it” excuse.

McGrath wrote, “The right to a clean and healthful environment is meaningless if the State abdicates its responsibility to protect it.”

What Are People Saying

Melissa Hornbein, an attorney with the Western Environmental Law Center and attorney for the plaintiffs said, “With the ruling now in place, the Montana Supreme Court’s decision compels the state to carefully assess the greenhouse gas emissions and climate impacts of all future fossil fuel permits.”

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Chief Justice Mike McGrath wrote for the majority: “Plaintiffs may enforce their constitutional right to a clean and healthful environment against the State, which owes them that affirmative duty, without requiring everyone else to stop jumping off bridges or adding fuel to the fire. Otherwise the right to a clean and healthful environment is meaningless.”

Republican Governor Greg Gianforte said in a statement that the state was still reviewing the decision, but said it will lead to “perpetual lawsuits that will waste taxpayer dollars and drive up energy bills for hardworking Montanans.

Pushback From State Leadership

The ruling has sparked a backlash from Gianforte, who criticized the court for what he described as judicial overreach. He warned the decision could invite an onslaught of lawsuits, increase energy costs for Montanans and hinder the state’s “all-of-the-above” energy strategy.

“This Court continues to step outside of its lane to tread on the right of the Legislature, the elected representatives of the people, to make policy,” he said in a statement. “This decision does nothing more than declare open season on Montana’s all-of-the-above approach to energy, which is key to providing affordable and reliable energy to homes, schools, and businesses across our state.”

Gianforte also convened energy stakeholders earlier this week to discuss boosting production to meet rising demand, emphasizing the need for “unleashing American energy” to maintain grid stability.

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The Plaintiffs’ Perspective

For the 16 young plaintiffs, the court’s decision validates their personal struggles with the tangible effects of climate change. In a Wednesday statement, lead plaintiff Rikki Held called the ruling “a victory not just for us, but for every young person whose future is threatened by climate change.”

During the trial, the plaintiffs described how worsening wildfires, droughts and diminishing snowpack have disrupted their lives, polluted the air and depleted vital natural resources. They argued that the state’s failure to address these challenges imperils their future and violates their constitutional rights.

What Happens Next

The ruling has positioned Montana as a flashpoint in the national debate over climate accountability, potentially inspiring similar legal challenges across the United States.

This article includes reporting from The Associated Press.

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Pregnant woman claims Montana Highway Patrol wrongfully arrested her for DUI

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Pregnant woman claims Montana Highway Patrol wrongfully arrested her for DUI


BOZEMAN — A pregnant woman from Sheridan is claiming she was wrongfully arrested by the Montana Highway Patrol (MHP) for allegedly driving under the influence during a traffic stop near Bozeman.

“I was just pretty shocked. And I constantly told him I’m pregnant, and I haven’t drunk in probably eight months,” says Alyssa Johnson.

Alyssa is a photographer from Sheridan who, at 22 weeks pregnant, was pulled over by an MHP trooper on Dec. 1, 2024 for an alleged traffic violation.

“I have a stutter, and he thought I was slurring so he pretty much said can you step out of the car. Made me do all these kinds of tests,” says Alyssa.

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Alyssa explains that she has severe dyslexia, which makes understanding directions, and completing any sort of test, difficult.

“I mean, Alyssa, when she was in school, she used to have extra time to take an exam and she’d have questions read to her,” explains Alyssa’s husband, Tim Johnson.

Alyssa says in addition to her mental handicap, she was in a state of panic during the traffic stop—affecting her ability to give a proper breathalyzer result.

“They were saying that since I couldn’t breathe through the breathalyzer and the testing wasn’t doing good, they arrested me and pretty much took me to the hospital for more blood work,” she says.

A written statement by her therapist confirms Alyssa’s dyslexia diagnosis.

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And after the incident, the couple got a third-party blood test—because the one conducted by law enforcement could take up to eight weeks to return.

The blood test, provided by the Johnsons, shows negative for any type of drug.

Alyssa says, “I take a prenatal, an aspirin for my blood pressure, and stuff for my heartburn, like Tums. Just like simple stuff.”

Tim explains that in addition to expecting their second child, they’re currently building a home—making the cost of bail and towing a hard hit on finances.

He says, “We have a budget to stick to and the budget doesn’t include any unexpected costs like this.”

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Tim says this is an opportunity for police to receive better training on mental impairments and hopes that charges will be dropped from Alyssa’s record.

“And I understand they have to do their job too. I mean, support police. But this wasn’t right to do,” she says.

The couple says they have filed a formal complaint with MHP.

I reached out to MHP for comment but did not receive a response regarding the incident. We will update this story if we hear back.





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