Utah Money Watch

EXECUTIVE SUMMARY:✅ Although Fervo Energy only reported $61,000 of first-quarter revenue, the larger Utah story includes — $2.2 billion of IPO proceeds, — $421.4 million of new project financing, and — Roughly $1.2 billion of expected near-term CapEx tied largely to...

EXECUTIVE SUMMARY:✅ Granite has been awarded a Utah Department of Transportation contract priced at ~$117 million to extend the West Davis Corridor in West Point, Utah. ✅ The award comes roughly eight weeks after the 104-year-old, NYSE-listed infrastructure ...

EXECUTIVE SUMMARY:✅ L3Harris Technologies (Salt Lake City) has landed a $12.2 million U.S. Navy contract modification for work in Utah, while Salt Lake City-based Milestone Capital Partners closed $11.5 million of corporate notes; ✅ Ogden, Utah-based TAB Bank...

Executive Summary: Two firms (one from Boca Raton, Florida and one from Sydney, Australia) have been conditionally selected by the U.S. Army "to design, finance, build, and operate critical mineral processing facilities on underutilized land on Army installations ..." to process and refine boron, dysprosium (Dy), and terbium ...

The Utah eCommerce-technology company started with returns. Now it is raising growth capital to build a broader AI-powered platform for brands trying to own more of the customer relationship.

25 June 2026 - DRAPER, Utah - Another Utah technology company has crossed into mythical "unicorn" status, a stage where a private...