Archive

AI Utah Demo Day at Pattern (Lehi, UT) featured MX Labs and JobNimbus, showcasing how Utah companies are applying artificial intelligence to financial services, software development, customer feedback analysis and product decisions.

MasterControl (Salt Lake CIty, UT) reports 90 new customers and growing adoption of connected quality and manufacturing software as CEO David Edwards emphasizes product execution, customer feedback and practical AI tools for life sciences companies.

Bank of America opened its 29th Utah financial center in Orem. Head of Financial Centers Will Smayda explains why physical branches still matter when most customers go digital, and how the bank uses AI and fraud prevention.

Savory Fund (Draper, UT) has closed its third restaurant investment fund at $201.5 million, surpassing its target. The Utah firm has deployed 35 percent across four brands, including Zao Asian Grill and Bonrue Bakery.

LVT (American Fork, UT) published its Detroit survey which finds support for continued use of its mobile security units. Respondents reported greater perceived safety while also raising privacy concerns and calling for broader community crime prevention efforts.

Salt Lake City-based MTN has secured a $2.34 million NIH Fast Track grant to advance technology that maps relationships across fragmented data systems. The company sees applications in healthcare and other data-intensive industries

Fortem Technologies (Lindon, UT) is expanding its partnership with European defense company MBDA to integrate DroneHunter and FireThorn autonomous interceptors into allied air-defense networks, extending the Lindon company’s defense business beyond recent U.S. government contract wins.

Bluffdale-based Vector and Nammo Defense Systems are expanding their partnership to integrate munitions with unmanned aircraft, building on Vector’s recent military procurement progress and investments in domestic drone manufacturing and supply-chain capacity.