GLOBAL FIRM RELOCATES
Data security firm Varonis has relocated its headquarters from New York to Miami’s 801 Brickell building. The company, which employs 2,400 worldwide, provides software to detect and fix data security issues across cloud, SaaS, and hybrid environments. Its former New York office remains one of its 14 global locations.
NEW EAST COAST HQ
Kandji, the Apple endpoint security platform, has opened its East Coast headquarters at The Plaza Coral Gables to support global growth and expand hiring. The 30,000-square-foot space will accommodate over 100 new positions. Kandji also has offices in California, London, Sydney, and Japan.
GLOBAL PARTNERSHIP
Miami-based logistics platform PayCargo and Gnosis Freight, a supply chain software provider, have partnered with Germany’s Hapag-Lloyd to launch the Container Payment Portal (CPP). The CPP enhances cargo visibility, reduces dock times, and streamlines payments for U.S. shipments.
CMA CGM EXPANDS
CMA CGM is investing $20B to expand U.S. maritime, warehousing, and air cargo operations, tripling its U.S.-flagged fleet and enhancing port connectivity. Also, PortMiami launched the CMA CGM California Bridge Service, a weekly first-stop route linking Europe, Latin America, and the U.S. West Coast. France-based CMA CGM is the third-largest container shipping company in the world.
FLYING CARS GO GLOBAL
Pompano Beach-based Doroni Aerospace secured a $30 million investment from Saudi Arabia’s Kingdom Aero Industries to accelerate development of its H1-X, a two-seat eVTOL. Production is targeted for 2026, with plans for a joint venture to manufacture and distribute the aircraft globally from Saudi Arabia in 2027.
NEW DATA CENTERS
Storage and data management firm Iron Mountain has begun construction on MIA-1, its first Miami-Dade data center. Set to open in 2026, the 150,000 sq. ft. facility will provide 16MW capacity on a 3.4-acre site running entirely on carbon-free energy. Iron Mountain operates data centers in 11 U.S. cities and 25 locations worldwide. Meanwhile, data center developer Metroblok has purchased a 4-acre site in Miami to build a 15.2MW multi-tenant data center. The facility will support high-capacity computing for AI, gaming, and other tech needs, helping to expand South Florida’s role as a digital gateway to the Americas.
GLOBALX EXPANDS CARGO
Miami-based Global Crossing Airlines has signed a short-term deal to provide airlift for DHL Express in the U.S. The airline, which operates four Airbus A321 cargo jets and 15 passenger aircraft, reported 1,600+ billable cargo hours in Q4, quadrupling year-over-year.
SPANISH BANK LOAN
Santander Bank, the U.S. arm of Spain’s Santander Group, provided a $67.5 million construction loan to 13th Floor Adler South LLC – a joint venture between Miami-based 13th Floor Investments and Adler Group – for the Parks at Davie project, located on Broward College’s east campus. Groundbreaking is set for this month, with completion in 2027. The college anticipates at least $315 million in lease revenue over time.
MIH $90M ACQUISITION
Miami International Holdings (MIH), via its subsidiary MIH East Holdings, has agreed to acquire the remaining 70.54% of The International Stock Exchange (TISE) it does not already own in a $91.5M cash deal. Headquartered in Guernsey, TISE is a key player in European capital markets, with over 4,400 listed securities valued at more than $975B as of year-end 2024. MIH will open a new MIAX options trading floor in Miami in Q2 2025.
MIAMI BIOTECH
Miami-based Galatea Bio has raised $25 million from investors to expand its global biobank. Founded by Stanford geneticist Carlos D. Bustamante, the biotech firm is building the world’s largest genomic datasets focused on non-European populations. Using AI, Galatea will sequence data from 10 million participants to enhance disease modeling and drug research for immune, cancer, and neurodegenerative conditions.
INDIA’S FIRST MOBILE TELE-SURGICAL UNIT
Fort Lauderdale-based SS Innovations International Inc. has launched India’s first mobile tele-surgical unit, the SSI Mantra Tele-Sync Mobile Unit. The unit integrates the SS Mantra 3 Surgical Robotic System with high-speed connectivity for real-time remote surgeries and medical training. SS Innovations has also secured regulatory approvals for its surgical robotic system in both the Philippines and Ukraine.
NEW FLIGHTS
Aeromexico has added daily Cancún-Miami service, while American Airlines will begin daily Miami-Rome flights on July 5, extend its Miami-Paris service through August, and add a fourth daily Miami-Buenos Aires flight in December. Condor Airlines now offers nonstop Frankfurt-Miami service. At Fort Lauderdale-Hollywood International Airport, El Al has resumed twice-weekly nonstop flights to Tel Aviv. Avianca has launched daily Medellín–Fort Lauderdale service and is launching daily Miami-Guatemala City flights and a Fort Lauderdale-Managua flight in May.
