Optimum Technologies to Expand Sterling Manufacturing Center
Source: LoundounNow on September 16, 2024
A year after opening its spacecraft integration facility in Sterling, Optimum Technologies this week announced plans to invest $999,000 to expand the manufacturing center and create 40 new jobs.
The firm designs, manufactures, integrates and tests space flight hardware and other space mission systems services.
State leaders celebrated the expansion of Virginia’s aerospace industry.
“Optimum Technologies’ decision to expand its manufacturing facility in Loudoun County demonstrates the trust manufacturers have in Virginia,” Gov. Glenn Youngkin said in a statement. “The company is a key component of the Northern Virginia aerospace industry, and we are gratified to see this investment.”
“This investment reinforces Northern Virginia as a key aerospace hub that offers the infrastructure for developing and manufacturing new technologies,” Secretary of Commerce and Trade Caren Merrick stated.
The Virginia Economic Development Partnership with Loudoun County will support Optimum Technologies’ job creation through the state-funded Virginia Jobs Investment Program, which is designed to reduce the human resource costs of new and expanding companies and to provide consultative services and funding to companies creating new jobs.
Executive vice president of OpTech Timothy Rumford said the firm has outgrown its current space. “Our new facility will give us approximately five times the capacity and help continue our growth plans and, in turn, help support our nation’s needs for rapid and low-cost access to space,” he stated.
County Chair Phyllis J. Randall (D-At Large) said Loudoun has a lot to offer companies like Optimum Technologies. “Our county’s skilled and dynamic workforce continues to attract and support high-tech companies like Optimum, ensuring that Loudoun remains a leading destination for companies to grow, succeed, and contribute to our economic landscape,” she stated.
Founded in Virginia in 2015, Optimum Technologies is a professional technical services company specializing in aerospace solutions related to satellite, ground, and mission systems engineering serving the U.S. Department of Defense along with civil and commercial customers. Its staff includes space industry experts specializing in full lifecycle support from initial concept development to final mission disposition.