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SAIC lends simulation expertise to US Army (The Shephard News Team)

Posted on April 19, 2021

SAIC lends simulation expertise to US Army SAIC will provide a range of modelling and simulation services to the US Army. Five-year deal for SAIC includes delivery of live, virtual and constructive modelling and simulation to the US Army. SAIC is conducting modelling and simulation systems engineering work for the US Army under a new […]

VIRTUAL REALITY TECHNOLOGY IMPROVES HOSPITAL COMMUNICATIONS

Posted on April 15, 2021

VIRTUAL REALITY TECHNOLOGY IMPROVES HOSPITAL COMMUNICATIONS Virtual Reality Technology Improves Hospital Communications March 10th, 2021 As health care facilities across the country struggle to communicate in regard to ICU availability, medical inventory and testing during the COVID-19 pandemic, researchers at Full Sail University and AdventHealth University (AHU) have teamed up to offer an award-winning solution. The two Corridor institutions […]

SoarTech Awarded Contract for DARPA’s Air Combat Evolution (NTSA News)

Posted on April 15, 2021

SoarTech Awarded Contract for DARPA’s Air Combat Evolution (ACE) Technical Area Two: Building and Calibrating Trust  Soar Technologies, Inc. (SoarTech) has been awarded a contract to support the DARPA Air Combat Evolution (ACE) program. A leader in autonomy and intelligent human-machine interfaces, SoarTech will be developing Air Combat Evolution – Trust and Reliability in User-System Teaming […]

Kratos Awarded $8.9 Million Contract for CH-47F Chinook Maintenance Training Systems Enhancements (NTSA News)

Posted on April 15, 2021

Kratos Awarded $8.9 Million Contract for CH-47F Chinook Maintenance Training Systems Enhancements March 4, 2021 SAN DIEGO, March 04, 2021 (GLOBE NEWSWIRE) — Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a leading National Security Solutions provider, announced today that it has received an $8.9 million subcontract to upgrade four Kratos CH-47F Chinook Avionics Trainers […]

The global simulation software market size is expected to grow

Posted on April 14, 2021

The global simulation software market size is expected to grow from an estimated value of USD 12.7 billion in 2020 to USD 26.9 billion by 2026, at a Compound Annual Growth Rate (CAGR) of 13.2% from 2020 to 2026. The simulation software market is driven by various factors, such as a reduction in production expenses […]

Tech Grove Opens with Successful Visit from Navy Leader

Posted on April 12, 2021

Chief of Naval Operations Admiral Gilday visited the Central Florida Tech Grove in an event hosted by Naval Air Warfare Center Training Systems Division Commanding Officer Tim Hill and NavalX Central Florida Tech Bridge Director Diana Teel. https://www.halldale.com/articles/18214-mst-tech-grove-opens-with-successful-visit-from-navy-leader?v=preview

UCF Names New Director for School of Modeling, Simulation and Training (BY ZENAIDA GONZALEZ KOTALA)

Posted on April 10, 2021

https://www.ucf.edu/news/ucf-names-new-director-for-school-of-modeling-simulation-and-training/ The University of Central Florida today named Grace Marie Bochenek ’98PhD its new director of the School of Modeling, Simulation and Training following a national search. Bochenek brings more than 25 years of experience working in defense and energy research, most recently as director of the National Energy Technology Laboratory in Pittsburgh. Her experience driving innovation through technology […]

Microsoft wins U.S. Army contract for augmented reality headsets, worth up to $21.9 billion over 10 years (by Jordan Novet)

Posted on April 1, 2021

https://www.cnbc.com/2021/03/31/microsoft-wins-contract-to-make-modified-hololens-for-us-army.html KEY POINTS Microsoft will deliver to the U.S. Army more than 120,000 devices based on its HoloLens augmented reality headset. The deal, which could be worth as much as $21.88 billion over 10 years, follows a contract Microsoft received to build prototype headsets for the Army. The contract comes a year and a half […]

Orlando seeks NASA help to bring flying taxis downtown (by Alex Soderstrom)

Posted on March 21, 2021

https://www.bizjournals.com/orlando/news/2021/03/19/city-of-orlando-seeks-nasa-help-to-bring-flying-ta.html?utm_source=st&utm_medium=en&utm_campaign=ae&utm_content=or&ana=e_or_ae&j=23276048 Is it a bird? Is it a plane? It’s flying taxis in the future skies of downtown Orlando. The city of Orlando plans to apply to a NASA program that will give the city input from NASA scientists and experts on how to build an air transportation system to usher people and goods across […]

Tech Grove Opens with Successful Visit from Navy Leader

Posted on March 12, 2021

https://www.halldale.com/articles/18214-mst-tech-grove-opens-with-successful-visit-from-navy-leader?v=preview   Tech Grove Opens with Successful Visit from Navy Leader | 2021-03-12 | Halldale Group Chief of Naval Operations Admiral Gilday visited the Central Florida Tech Grove in an event hosted by Naval Air Warfare Center Training Systems Division (NAWCTSD) Commanding Officer Tim Hill and NavalX Central Florida Tech Bridge Director Diana Teel. Admiral […]

Luminar Technologies to add jobs at new Orlando manufacturing facility (by Alex Soderstrom)

Posted on March 11, 2021

Luminar Technologies Inc. is scaling its local manufacturing in preparation for when its sensors will start appearing on self-driving Volvos in 2022. The Orlando-based tech unicorn since last year has been relocating its operations from Research Parkway in Orlando to its other existing facility on Discovery Drive, the firm told Orlando Business Journal. This move enables Luminar […]

Chip maker SkyWater begins hiring local workers (by Alex Soderstrom)

Posted on March 8, 2021

SkyWater Technologies Inc. has started on its plans to bring more than 200 jobs to Central Florida. The Bloomington, Minnesota-based semiconductor foundry is posting Central Florida job openings, with 12 listed on the website. These jobs will be based in the Center for Neovation in Osceola County’s NeoCity, where SkyWater took over the lease from the […]

Pandemic pivot will lead to new jobs at esports startup Player Epic (by Alex Soderstrom)

Posted on March 8, 2021

https://www.bizjournals.com/orlando/news/2021/03/05/pandemic-pivot-will-lead-to-new-jobs-at-esports-st.html?utm_source=st&utm_medium=en&utm_campaign=me&utm_content=or&ana=&j=23143817 Five years ago was the first time Johnny Williams, a former college football player at the University of Kentucky, heard about college scholarships for esports players. That jumpstarted Williams’ interest in the esports world and led him to found Player Epic Inc. last year. The Orlando-based startup will tap into the booming esports arena, where […]

Elon Musk – SpaceX valuation rockets to $74 billion with new round of funding (by Annlee Ellingson)

Posted on March 2, 2021

https://www.bizjournals.com/orlando/news/2021/03/02/spacex-valuation-rockets-with-new-funding.html?utm_source=st&utm_medium=en&utm_campaign=ae&utm_content=or&ana=&j=23091955 Space Exploration Technologies Corp. has raised another astronomical sum, rocketing the busy aerospace company’s valuation to new heights. The Hawthorne, California-based company — which frequently launches from Florida’s Space Coast — closed $850 million in equity funding last month, reported CNBC, citing anonymous sources “familiar with the financing.” Shares were sold at $419.99, per the […]

New Orlando tech entrepreneurship programs to launch (by Alex Somerstrom)

Posted on March 2, 2021

https://www.bizjournals.com/orlando/news/2021/03/02/new-orlando-tech-entrepreneurship-programs-to-laun.html?ana=e_orl_bn_editorschoice_editorschoice&j=90552430&t=Breaking%20News&mkt_tok=NjczLVVXWS0yMjkAAAF7k0cmlRn12HStdMxcB8ZK4CDj84cihLJciteWk2LOr4QI4dRvKzU_RDxcpTMQxx4h4RHDY6BovIWwdJIx5DhwZwyODWUdlIvH4I6n7d-oh2AnDN4 Local groups will grow and launch tech entrepreneurship programs after Orange County designated a chunk of cash for the purpose. County commissioners on Feb. 23 approved a $1.95 million economic stimulus grant meant to help diversify the region’s tourism-centric economy. This money will fund tech and entrepreneurship initiatives at the University of Central Florida, […]

Bev Seay – Businesswoman of the Year (by Anjali Fluker)

Posted on February 26, 2021

https://www.bizjournals.com/orlando/news/2021/02/25/2021-businesswoman-of-the-year-beverly-seay.html?utm_source=st&utm_medium=en&utm_campaign=me&utm_content=or&ana=&j=23054068 The last year has been fraught with challenges for Beverly Seay — and only some of it was related to Covid-19. As chair of the University of Central Florida Board of Trustees, she led the entity responsible for administering the state’s largest university’s policy decisions; the implementation and maintenance of high-quality education programs; and […]

Exclusive: Electric battery maker Microvast plans Orlando R&D center, new high-wage jobs (by Alex Soderstrom)

Posted on February 25, 2021

https://www.bizjournals.com/orlando/news/2021/02/24/electric-battery-maker-microvast-plans-orlando-r-d.html?ana=e_orl_bn_exclusive_exclusive&j=90551840&t=Breaking%20News&mkt_tok=eyJpIjoiWkRsbFlXSTNORGcwTnpGbSIsInQiOiJCQTlTR3pUMlZmTWoweFFYbTc3Q1VmdThkWXU1Mm83ZStxcjh6YUVmV2QwS29Fa2tJeDlIZVk0ZTVuMnhFYzV2dG9raEJtXC9nc0FEVjJIWiszT24xWWRLcEduVlBzTndGXC8rZDlnZ0ZWcjhPZE5zRkFUWnluUzRiVlNGalwvWVNZdSJ9 A manufacturer of lithium ion batteries for electric vehicles will charge up its operations in Central Florida, creating tech jobs in the process. Microvast Inc. plans to turn its small presence in the University of Central Florida incubator program into an Orlando research and development facility that would house up to 150 employees. The […]

Lockheed snags huge Air Force deals for missile work in Orlando (by Alex Soderstrom)

Posted on February 24, 2021

https://www.bizjournals.com/orlando/news/2021/02/23/lockheed-snags-huge-air-force-deals-for-missile-wo.html A pair of missile contracts will launch new local work for Lockheed Martin Corp. The U.S. Air Force awarded two contracts worth a combined $842 million to Lockheed Martin Corp. (NYSE: LMT), announced the Department of Defense on Feb. 22. Both will create work for Lockheed in Orlando, where the Bethesda, Maryland-based defense giant […]

Investors leaving California create opportunity for Orlando tech sector (by Alex Soderstrom)

Posted on February 24, 2021

https://www.bizjournals.com/orlando/news/2021/02/22/investors-leaving-california-create-opportunity-fo.html?utm_source=st&utm_medium=en&utm_campaign=me&utm_content=or&ana=&j=23031289 California venture capitalists are flocking to cheaper Sunbelt cities, and many want Orlando to get in on the action. The Bay Area is hemorrhaging residents, losing 45,000 people in 2020 per a report by real estate brokerage Redfin Corp. Among those leaving the high-tax, high-cost metro are the investors who make Silicon Valley the […]

Collins Aerospace Awarded $64M Contract for Warship Sonar Domes

Posted on February 22, 2021

The Naval Surface Warfare Center in Crane, Ind., has awarded Collins Aerospace Systems, a unit of Raytheon Technologies (RTX), a seven-year, $64 million Indefinite Delivery, Indefinite Quantity (IDIQ) contract to provide sonar domes for surface combat ships for the U.S Navy and Allied forces. The agreement, which builds upon a previous five-year production contract, includes […]