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Palmetto Railways, a division of the South Carolina Department of Commerce, is partnering with Innovative Rail Technologies to convert two of its diesel switcher locomotives to lithium-ion battery powered locomotives. (Photo/Palmetto Railways)
Feb 19, 2024

Why this South Carolina company is retrofitting two diesel locomotives to battery power

The switch to battery-powered locomotives will reduce the amount of diesel fuel consumed by an estimated 40,000 gallons annually per locomotive.

Feb 6, 2024

SCRA accepts 2 new member companies, awards grants

A program chartered to fuel the state’s innovation economy has put money behind …

Feb 5, 2024

Georgetown company pioneers renewable natural gas from agribusiness

The company has found a way to do business by doing good for the environment with …

Apr 24, 2023

Harbor Entrepreneur Center opens additional space in Mount Pleasant

The Harbor Entrepreneur Center has secured new space in Mount Pleasant at 11 Ewall St. With a 22,000-square-foot facility and support from the town of Mount Pleasant, the South Carolina Research Authority and Charleston County Economic Development, the location is designed to provide a collaborative space to inspire, educate and[...]

Feb 6, 2023

First-of-its-kind’ medical waste facility to open in Summerville

A “first-of-its-kind” health care waste treatment and disposal company is set to open in Summerville. EcoSteris confirmed that March 1 will be the start date of its "state-of-the art" operations at 112 Fabricators St., according to an EcoSteris news release. The company claims to be the first facility [...]

Dec 5, 2022

Largest life sciences event in South Carolina history set for Charleston

The largest life sciences conference in Palmetto State history will convene Feb. 21-23 in Charleston to address how South Carolina and the U.S. will improve health care and health equity for all, life sciences industry officials have announced in a news release. Themed “Tomorrow Starts Here,” the two-day SCBIO 2[...]

Oct 24, 2022

Why South Carolina could be NASA’s next frontier

By Jenny Peterson Collaborative partners statewide are shooting for the moon to try and create a permanent NASA facility in South Carolina. While the space agency currently has no permanent footprint in South Carolina, a consortium was created in 2020 specifically to expand the relationship with NASA and bring a NASA Center of E[...]

Aug 30, 2022

SCRA adds 2 Charleston-based member companies

An agricultural startup and an online app have been accepted as South Carolina Research Authority member companies. Heron Farms and FaithStreet Inc. also received grant funding, according to an SCRA news release. Charleston-based Heron Farms Inc., which operates the world’s first indoor saltwater vertical farm, received a $50,000 Acceleration Grant, according to the release. Heron Farms […][...]

Aug 17, 2022

Ichor invests $1.5M in Charleston bioscience company

Ichor Life Sciences, a preclinical contract research organization, plans to invest $1.5 million in MitoChem Therapeutics of Charleston. MitoChem Therapeutics develops treatments to address the effects of mitochondrial dysfunction in neurodegenerative diseases. MitoChem Therapeutics and Ichor Life Sciences will work together to advance the development of a small molecule pharmaceutical eyedrop, targeting the mitochondria to […][...]

Aug 10, 2022

Blinkcns and MUSC ink deal for central nervous system disorder technology

The Zucker Institute for Innovation Commercialization, a technology accelerator and component of the Office of Innovation at the Medical University of South Carolina, and Blinkcns Inc. have entered into a strategic, exclusive licensing agreement to advance a novel blink reflex technology and software known as EyeStat. This agreement was executed while the institute was operating […]

Aug 3, 2022

Ingevity Corp. spends $385M, buys dual companies and invests in another

  Ingevity Corp. of North Charleston has had a busy week already. The company on Tuesday announced it is buying two companies in a $325 million cash transaction and investing $60 million to acquire an equity stake in another. In addition, the company announced record net sales of $419.9 million in its second-quarter report,[...]

Jul 17, 2022

MUSC fine tunes commercialization efforts

The Medical University of South Carolina Zucker Institute for Applied Neuroscience and MUSC Foundation for Research Development are joining forces and will begin collectively doing business as the Zucker Institute for Innovation Commercialization effective immediately. The new combined institute solidifies MUSC’s commercialization efforts into what the university says is a more powerful engine to execute a mission [&hell[...]