AXON Ghost Sentinel, Inc., a portfolio company of AXON Connected that provides swarm-based cybersecurity products, will invest $1.5 million to expand its operation in Harrisonburg, Virginia. The project is expected to create 29 jobs in the region.
“We want to thank Governor McAuliffe and the City of Harrisonburg for the opportunity to develop our innovative cybersecurity solutions in the heart of the Shenandoah Valley,” said Michael Markulec, President/CEO of AXON Ghost Sentinel. “We are honored to work with this incredible team of professionals and look forward to partnering with the local business community and academic institutions as we expand our operations.”
The Virginia Economic Development Partnership worked with the City of Harrisonburg to secure the project for Virginia. Governor McAuliffe approved a $75,000 grant from the Governor’s Opportunity Fund to assist Harrisonburg with the project. Funding and services to support the company’s employee training activities will be provided through the Virginia Jobs Investment Program.
“The cybersecurity industry is a cornerstone of my administration’s efforts to grow and diversify Virginia’s economy,” said Governor Terry McAuliffe. “The continued success of high-tech companies like AXON Ghost Sentinel illustrates how attractive our Commonwealth is for companies in this emerging sector, which is a foundation of sustainable, resilient growth for a new Virginia economy.”
“This expansion in the City of Harrisonburg represents another vote of confidence in Virginia’s preeminent business climate,” said Secretary of Commerce and Trade Maurice Jones. “It is particularly exciting coming from a business like AXON Ghost Sentinel, which is in an industry that is experiencing growth and pays good wages to the workers in the region.”
“The City of Harrisonburg is indeed excited to partner with AXON and the Commonwealth of Virginia to enable this expansion project to come to fruition,” said Harrisonburg Mayor Christopher Jones. “Harrisonburg and James Madison University have been collaborating to target cybersecurity firms as an important business sector niche. Therefore, this AXON expansion project is very important to our community.”