Orlando, Fla. (September 15, 2021) – Another major company has announced it is expanding into the UCF Innovation District at Research Park.
Ravenswood Solutions, based in Silicon Valley, has opened a product development center in Orlando. The company already has a 105,000 square foot operations center in Boise, Idaho and subsidiaries in Kenya and the United Kingdom.
According to Ravenswood’s CEO Kipp Peppel, “We are excited to be here in the heart of the modeling and simulation community. We look forward to strengthening our partnerships through this unique intersection of industry, government, and academia to help solve the national security challenges of today and tomorrow”.
For more than 25 years, Ravenswood has delivered high-performance modeling and simulation solutions for clients around the world. One of their key products is FlexTrain (marketed commercially as Mobile Ground Truth System or MGTS). FlexTrain is an expeditionary network paired with an open architecture EXCON/AAR platform (ORION) and TES-agnostic Real-Time Casualty Assessment (RTCA) interface.
It has been adapted to support a wide variety of modeling & simulation applications, including live collective training, test and evaluation, policy analysis, and warfighting experimentation.
The system can track and record event data for up to 65,000 live entities.
Ravenswood Solutions is a wholly-owned subsidiary of SRI International, the globally renowned research institute founded by Stanford University in Menlo Park, California in 1946. SRI also has an office in St Petersburg.
Much of the work in Orlando will be developing new systems in the modeling and simulation realm, especially in augmented reality. As such, another key to the Orlando expansion was the high level of graduates from the University of Central Florida.
Principal Engineer Stacy Corcoran, the chief architect of the Ravenswood product family, will lead the new Product Development Center. Together with UCF, Corcoran will work to rapidly grow Ravenswood’s local engineering presence, with a focus on augmented reality, expeditionary networks, and data analytics.
“I am eager to bring our technology and ideas from Silicon Valley and blend them with the rich experience and know-how of Orlando’s modeling and simulation community to develop better solutions for our customers,” says Corcoran.
The company is starting with three employees and plans to hire at least three more over the next six months. Over the next two years, the company could hire up to 12 employees with a tentative salary range of $65,000 to $120,000.
Ravenswood is the latest company to recently expand into Orlando during the past few months as a result of the UCF Business Incubation Program’s Soft Landing program. Earlier announced companies include Red 6, 3D Media and VRGluv.
“The amount of growth and expansion into the UCF Incubation Program these past few months have been remarkable and unprecedented,” says Carol Ann Logue, director, programs & operations, Innovation Districts & Incubation Program. “It really is a testament to what we have built here – and throughout Central Florida – and is only the beginning of what is to come.”
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For more information media should contact –
Ravenswood Solutions: Naomi Atlas, 650-646-2895, firstname.lastname@example.org
About Ravenswood Solutions. Ravenswood Solutions, a subsidiary of SRI International, provides government agencies and commercial clients with technology and services for combat training, testing and evaluation of vehicles and equipment, and policy analysis events. Field-proven packages include high-fidelity instrumentation, advanced global positioning and 3D mapping, realistic training effects, and turn-key support services that are customized for each client.
Ravenswood Solutions leverages more than 25 years of experience in technology insertion, training support, and sustainment services. This heritage of world-class technology and dedication to customers has made Ravenswood Solutions the leading provider of mobile instrumented training and performance assessment for military ground troops and other security forces, while opening the door for industries such as civil response, logistics, and behavioral research to explore new applications for the technology. For more information, please visit RavenswoodSolutions.com
About the UCF Business Incubation Program: The University of Central Florida Business Incubation Program is a community resource that provides early-stage companies with the tools, training and infrastructure to become financially stable, high growth/impact enterprises. Since 1999, this award-winning program has provided vital business development resources resulting in over 300 local startup companies reaching their potential faster and graduating into the community where they continue to grow and positively impact the local economy.
With seven facilities throughout the region, the UCF Business Incubation Program is an economic development partnership between the University of Central Florida, the Corridor, Orange, Osceola, Seminole and Volusia Counties, and the cities of Kissimmee, Orlando and Winter Springs. For the 2017/2018 fiscal years, the activities of these participating firms have helped to sustain more than 6,725 local jobs and have had a cumulative impact of over $725 million on regional GDP and over $1.3 billion on regional sales. During the same period, the program has returned more than $12.00 in state and local taxes for every $1.00 invested in the program. In addition, for every $1.00 of public investment the firms also produced $118 of additional regional GDP and $226 of regional sales. For more information, visit www.incubator.ucf.edu.