Optimum Technologies invests $999K to expand satellite manufacturing plant in Virginia
Optimum Technologies LLC has announced plans to expand its satellite manufacturing facility in Loudoun County, Virginia. The company, which specializes in aerospace solutions related to satellite, ground, and mission systems engineering, will invest $999,000 into the project, creating 40 new jobs in the process. To aid the project, the Virginia Economic Development Partnership will support Optimum Technologies’ job creation through the Virginia Jobs Investment Program.
What people are saying
In a recent quote, executive vice president of OpTech Timothy Rumford said, “OpTech continues to expand due high growth in the space sector. We have seen great demand for our hardware and services and have outgrown our original SMF that was opened in 2022. Our new facility will give us approximately 5 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.”
Governor Glenn Youngkin added, “Optimum Technologies’ decision to expand its manufacturing facility in Loudoun County demonstrates the trust manufacturers have in Virginia. The company is a key component of the Northern Virginia aerospace industry, and we are gratified to see this investment.”
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Investing in American manufacturing in 2024
This map shows where manufacturers are choosing to invest their resources, whether they are building new production facilities or expanding existing plants.