Optimum Technologies Expands Loudoun County, Virginia, Manufacturing Operations
09/18/2024
“OpTech continues to expand due to high growth in the space sector,” said executive vice president of OpTech Timothy Rumford. “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.”
The Virginia Economic Development Partnership (VEDP) worked with Loudoun County to secure the project and will support Optimum Technologies’ job creation through the Virginia Jobs Investment Program. As a business incentive supporting economic development, VJIP reduces the human resource costs of new and expanding companies and provides consultative services and funding to companies creating new jobs in order to support employee recruitment and training activities. VJIP is state-funded demonstrating Virginia’s commitment to enhancing job opportunities for citizens.
“Virginia is a prime location for aerospace companies,” noted Secretary of Commerce and Trade Caren Merrick. “I congratulate Optimum Technologies on this investment. This investment reinforces Northern Virginia as a key aerospace hub that offers the infrastructure for developing and manufacturing new technologies.”
Optimum Technologies is a professional technical services company specializing in aerospace solutions related to satellite, ground, and mission systems engineering. The company’s customers include the U.S. Department of Defense, civil, and commercial contracts.
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