Global Leadership in Drone Technology Explored in Hartford; Local Company Shares Progress, Potential with Blumenthal

Global Leadership in Drone Technology Explored in Hartford; Local Company Shares Progress, Potential with Blumenthal

The problem is revealed in a startling statistic: 1,782,479 drones are registered in America; China-based DJI makes 77% of them. The solution may be closer to home: Aquiline Drones, a commercial drone manufacturing and technology company based in Hartford, with a state-of-the-art, drone manufacturing and assembly lab.

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Perhaps a Second Bite at the Apple for Transportation and Climate Initiative Program

Perhaps a Second Bite at the Apple for Transportation and Climate Initiative Program

with the legislature promising to return to the State Capitol later this month to convene a Special Session to take care of some unfinished business from the regular 2021 session that concluded on June 9, efforts are intensifying to put back on the agenda an item that didn’t make the cut in the final days earlier this month - the Transportation and Climate Initiative.

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State Exports Take a Hit in 2020; COVID Drives 15% Drop

State Exports Take a Hit in 2020; COVID Drives 15% Drop

“Consumer demand sharply increased for particular goods, while others experienced dramatic drops,” in 2020, largely attributable to COVID-19, according to an analysis of state exports highlighted in the June issue of the Connecticut Economic Digest. The impact of the pandemic was evident in the state’s export numbers, which dropped 15%.

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Insurance Innovation Under Hartford Spotlight This Month

Insurance Innovation Under Hartford Spotlight This Month

Hartford has no intention of giving up the title of Insurance Capital of the World. And while corporate mergers, relocations, and more than a year of COVID dislocations, the industry is looking forward, not backward. That is particularly evident with the return of the 2021 Innovation Challenge, a chance get a glimpse of what’s next for the industry, locally and beyond.

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Tourism Data Drives Launch of New Marketing Campaign as COVID Recedes

Nearly two-thirds of residents in the Northeast said in a recent survey that once they are vaccinated they will feel comfortable engaging in tourism activities, including seeing live performances, attending festivals, and enjoying indoor attractions. The faster the vaccine rollout, the faster visitation will increase. That was the finding of a new, proprietary research program aimed at supporting the Connecticut tourism industry’s recovery.

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Connecticut Exports Drop 15% in 2020; Germany & Canada Are CT's Top Export Nations

Connecticut Exports Drop 15% in 2020; Germany & Canada Are CT's Top Export Nations

Export sales by Connecticut companies were down 15% in 2020 when compared to 2019 levels, largely due to economic disruptions from COVID-19. Total Connecticut exports were $13.8 billion in 2020, down from $16.2 billion, according to the U.S. Small Business Administration. Aircraft engines and parts represented about 30% of overall CT exports, leading the way.

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