Inc. Magazine Reveals 2022 List of America’s Fastest-Growing Private Companies—the Inc. 5000

Verus Research is again on the Inc. 5000 list of fastest growing private companies in America, the firm’s second consecutive year on the list.

Coming in at number 3,250 in the nation, Verus Research’s growth rate from 2018 through 2021 was 163 percent.

Verus Research is proud to join 6 other NM-based firms representing the Land of Enchantment on the list.

Please visit the Inc. 5000 site to see the full list.

Verus Research Posts 5th Consecutive Year as a Fastest Growing Private NM Company

Verus Research is again on the New Mexico’s “Fastest Growing Companies” list published by Albuquerque Business First.  Qualifying in the large company category based on revenue over $10M, this is Verus Research’s fifth consecutive year to be so honored.

Companies had to experience growth over the three-year period from 2019-2021 in order to qualify as a Fastest Growing Company.

Each organization also had to be a privately held for-profit company — including wholly-owned subsidiaries — and be locally owned and headquartered in New Mexico. Companies had to have sales or revenue of at least $500,000 in 2021 and been in business throughout all of 2019.

Rankings will be revealed on 9/22/2022 at a public event and will also be featured in the 9/23/2022 edition of Albuquerque Business First.

Verus Research Embarking on Electromagnetic Compatibility Technology Development in Support of the U.S. Navy

In support of the Naval Air Warfare Center Aircraft Division at Patuxent River, MD, Verus Research is starting a Phase I Small Business Technology Transfer program for “Modeling Platform Level Electromagnetic Compatibility Performance Based on Component Level Testing.”  The program objective is to develop a simulation tool that will evaluate the risk to an airborne platform where a component may have been unable to meet its electromagnetic compatibility test requirements.

For this effort, Verus Research has teamed with Missouri University of Science and Technology.  Together, the team represents decades of research into electromagnetic interactions with electronic systems in the context of high-power microwave (HPM) effects prediction and leverages multiple prior efforts that assessed system susceptibility to HPM. The end product will be the Platform-level Electromagnetic Compatibility Simulator (PECS) and will provide important new testing and analysis tools for the Navy.

“The award marks a noteworthy migration of prior HPM-specific effects modeling to now support an understanding of the more generalized concerns of the Navy,” said Dr. J. Mark DelGrande, Verus Research Chief Technology Officer.  Dr. DelGrande also commented on the potential for adjacency in applications across the defense community.

Verus Research to Support the Air Force Research Laboratory’s Advanced Electromagnetic Technology (AET) Program

Under the Air Force Research Laboratory (AFRL) Advanced Electromagnetic Technology (AET) family of programs, Verus Research has been awarded a 4-year, $4.1M award for “High Power Electromagnetic (HPEM) Material and Plasma Science and Technology.”

This technical area represents much of the cutting-edge technologies being studied at AFRL to advance the state-of-the-art in new HPEM capabilities.  It includes fundamental physical understanding of the interaction of millimeter-wave radiation with high-temperature materials and the atmosphere.  The resulting knowledge will aid in developing an essential understanding of the initiation and sustainment of low-pressure plasmas using HPEM, as well as the design, fabrication, and test of a wide range of related HPEM components.

In addition to its collaboration with leading University teammates possessing complementary capabilities in materials interaction, modeling, and experimentation, Verus Research will leverage its unrivaled expertise and deep domain knowledge in the physics-based theoretical development of predictive modeling frameworks.  The end result will describe the interaction of HPEM and millimeter-wave with semiconductor and composite materials for power beaming applications and plasma interaction studies.

According to Verus Research’s Chief Technology Officer, Dr. J. Mark DelGrande, “the HPEM Material and Plasma Science and Technology effort will be a great way to study HPEM regimes that have yet to be explored and is a perfect fit for Verus Research as it continues to create solutions that matter.”

Verus Research is Exploring Interactions Between Airborne Electronic Components and Their Environments

Verus Research has recently been awarded a Phase I Small Business Innovation Research contract supporting the Naval Air Warfare Center Aircraft Division at Patuxent River, MD.  The program will study “Electromagnetic (EM) Interactions Between Cables, Antennas, and Their Environments.” The objective is to create a simulation tool for analyzing Navy aircraft to ensure they have sufficient electromagnetic compatibility as well as resilience in the face of electromagnetic interference and external EM radiation, including electromagnetic pulse, high-intensity radiated fields, and lightning.

To meet these requirements, Verus Research has teamed with the University of Illinois at Urbana-Champaign (UIUC) to develop a set of software tools that will analyze these interactions, from a simple multi-conductor transmission line to complex cable networks and exchanges with antennas in complex aircraft environments.

Chief Technology Officer Dr. J. Mark DelGrande cited the award as another example of how “Verus Research’s world-class EM modeling and simulation capabilities can transition smoothly into adjacent technical domains, producing high-value outcomes for our customers.”

Verus Research Lands Fourth Delivery Order on the Test & Evaluation Non-Kinetic (TEN-K) Family of Programs

Verus Research has been awarded a 4-year, $7.2M contract from the U.S. Army Program Executive Office for Simulation, Training, and Instrumentation.  This effort, known as “Electronic Warfare and Electromagnetic Spectrum” or EWAMS, will support various electronic warfare (EW) projects for the Army Reprogramming Analysis Team (ARAT), part of the Army Communications-Electronics Command.

Specific efforts will include developing specialized software support packages and EW modeling and simulation suites to validate the performance of EWAMS systems in threat-representative environments.  Other work will develop EWAMS capabilities to characterize and evaluate actual and surrogate EW systems for assessment, test, and evaluation support relevant to simulators, survivability equipment, and mission platforms.

Verus Research’s Chief Technology Officer Dr. J. Mark DelGrande, noted how this new EW effort expands on an earlier collaboration with the ARAT and is “testimony to having customers return for more of the excellent services the Verus Research team provides as we continue to create solutions that matter.”

Verus Research Announces Victor Garcia as Director of Human Resources

Verus Research announces Victor Garcia as its new director of human resources.  In his new role, Garcia will support the organization with corporate governance, compensation planning, employee relations, organizational design, team member development, and performance measurement.

“I am honored to join the talented team at Verus Research,” said Garcia. “I have had many exciting opportunities in the human resources field and am looking forward to working in research and development with this incredible company.”

Garcia joins Verus Research with more than 25 years of experience in human resources specializing in talent acquisition, performance management, benefits administration, and succession planning.  He has extensive experience in a variety of industries ranging from banking to healthcare to home improvement.  Prior to his work in human resources which began nearly three decades ago, Garcia spent five years with two internationally known financial firms.

“We are thrilled to welcome Victor as our new director of human resources at Verus Research,” said Hank Andrews, managing director of Verus Research.  “As a fast-growing company, one of our top goals is to provide an exceptional work environment and a talented staff.  We are excited for Victor’s leadership in supporting our team and providing a welcoming environment. With his proven track record and outstanding leadership skills, Victor is the perfect addition at just the right time in our history.”

Garcia holds a master’s degree in Business Administration (MBA) from the University of Phoenix and a bachelor’s degree in Business Administration (BBA) from the University of New Mexico’s Anderson School of Business.

Verus Research Repeats as a NM Top Private Company

Albuquerque Business First has again recognized Verus Research as a New Mexico “top private company” on the publication’s 2022 list.

To make this prestigious list, a company must have a minimum of $5 million in New Mexico revenue for 2021 and be privately owned and for-profit, including wholly-owned subsidiaries.

Actual rankings will be revealed in an event planned for July 29, 2022.  Verus Research ranked #26 in 2021.

Coverage can be seen at this location.

Verus Research Marks 7th Straight Year in Flying 40

In a string of consecutive honors reaching back to 2016, Verus Research is again on the Flying 40 list of New Mexico’s fastest growing technology companies.

In this 25th anniversary year for the Flying 40, Verus Research checked in at number 4 for fastest growing companies with revenue over $10 million, posting 208 percent growth since the 2017 base year in the study.

Additionally, Verus Research came in at number 9 for total revenue.

Of note, Verus Research is the youngest company on both lists.

The awards celebrate the success of the homegrown firms included on the annual list, while also drawing the state’s attention to the critical role New Mexico’s technology sector plays in diversifying the local economy.

Flying 40 awards are sponsored by the Sandia Science and Technology Park Development Corp.  You can find complete coverage of this year’s honorees in the Albuquerque Journal by visiting this link.

Verus Research Wins Non-Lethal Counter-Electronics Research Contract

Verus Research announces the award of a Phase I Small Business Innovative Research (SBIR) contract in support of Department of Defense Joint Intermediate Force Capabilities Office (JIFCO). This program focuses on an emerging need to provide a “Broadband Counter-Electronics Weapon (BCEW) for Long-Range Non-Lethal Vehicle/Vessel Stopping.”

In this work, Verus Research will develop a more compact and lightweight long-range counter-electronic vehicle/vessel stopping system to employ non-lethal means to stop relevant vehicles and vessels, thereby mitigating a codified joint non-lethal weapon capability gap. The U.S. Navy, U.S. Coast Guard, U.S. Army, and U.S. Marine Corprs are all interested in the outcome of this research, especially if a solution can be presented with significantly reduced overall system size, weight, power consumption, and thermal cooling needs, as well as lower system costs. Existing radio frequency (RF) vehicle and vessel stopping systems have known range and system size and weight limitations and could be replaced by the outcome of this important effort.

Dr. J. Mark DelGrande, Verus Research Chief Technology Officer, noted the Company’s pride in “continuing our relationship with the JIFCO by bringing cutting edge directed energy solutions this important defense requirement.”