An Atlanta tech company that was once based in Jacksonville will return to the Sunshine State, this time taking up residence in Kissimmee’s high-tech NeoCity region.
LocatorX officials said in a press release on Wednesday that the move was made so that the company could be near support structures in the sensor and semiconductor industries.
NeoCity, which has become a leader in those industries, announced last year a National Science Foundation Regional Innovation Engines award that will help establish itself as a hub for semiconductors.
The LocatorX move “is a testament to the vision set forth by Osceola County, as we catalyze the innovation ecosystem in Central Florida,” said Tawny Olore, CEO of the NSF Central Florida Semiconductor Innovation Engine, in a release.
LocatorX officials said the move to Kissimmee proves its commitment to innovation and collaboration.
The company was recently awarded multiple multi-year contracts within the defense and government sector.
LocatorX CEO Chester Kennedy, who was previously CEO of Kissimmee-based BRIDG, said the region would be best for the company’s continued growth.
“The new location places us at the epicenter of semiconductor innovation and provides access to talent from surrounding universities,” he said. “By establishing our headquarters in NeoCity, we are able to leverage resources to enhance our R&D capabilities, expand our workforce, and accelerate bringing our cutting-edge solutions to market faster for our defense, government, and enterprise clients.”
The move will be completed by the end of January.
“Our future depends on being able to deploy revolutionary IoT sensors as well as to continue to scale and evolve our visibility platform,” Kennedy said. “Having our headquarters co-located with such entities as BRIDG, imec, Plug and Play, and SkyWaterTechnology will create the environment to keep us on the cutting edge.”