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VBDA extends international incubator lease for NOS Corporation of America
Summary
The authority approved a one-year market-rate private-office lease extension for NOS Corporation of America at the international incubator to preserve the company's Virginia Beach presence while contract and CMMC certification discussions continue.
The Virginia Beach Development Authority approved a one-year market-rate extension of a private office sublease for NOS Corporation of America at the international incubator.
Dominique presented the request, noting NOS relocated its U.S. headquarters from Seattle in July 2024, is pursuing defense-related contracts, and expects to achieve CMMC Level 2 certification by fall. Staff recommended the extension at market rate ($337 per month) to allow the firm to maintain operations and complete contract discussions; the motion to grant the one-year extension passed without recorded opposition.
