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Somos taps new VP of engineering

Karthik Yajurvedi is now responsible for providing leadership, oversight and strategic direction for both the engineering team and the technical solutions that will become part of the company's future portfolio of products and solutions.

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Rendering for the New Jersey Innovation and Technology Hub, which broke ground in New Brunswick on Oct. 14, 2021.

Filling a gap in New Brunswick

If all goes according to plan, a brand new, state of the art research and technology facility will occupy an empty parcel in the center of downtown in a few years after state and city officials broke ground on the $665 million, 550,000-square-foot New Jersey Innovation and Technology Hub on Oct. 14.

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From left: Amazon NYC Head of External Affairs Carley Graham Garcia, SOSV Managing Partner Sean O’Sullivan and NJEDA CEO Tim Sullivan take part in a discussion at the Propelify Innovation Festival on Oct. 6, 2021, in Hoboken. - DANIEL J. MUNOZ

Wired for growth

The Propelify Innovation Festival hadn’t been able to catch a break these past two years. But Aaron Price, head of TechUnited, which founded and organizes the annual event, said the industry faces such challenges all time, and it’s full steam ahead. The 2021 iteration drew thousands of attendees to Hoboken on Oct. 6 and was “bustling,” Price said. “I’m thrilled with the turnout.”

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