STAFFORD, VIRGINIA – Governor Northam revealed yesterday that UVision USA Corporation will invest $2.2 million by establishing new operations in Stafford County. The company will lease 25,000 SF of space at the Merritt Business Park at Quantico Corporate Center to fulfill awarded contracts from the U.S. government for the manufacturing and assembly of loitering munition drones, creating 40 new jobs.
UVision USA Corporation is a developer of combat-proven Unmanned Aerial Loitering Munition (ALM) Systems and designs combat operations solutions for complex and dynamic environments.
Stafford County worked closely with the Virginia Economic Development Partnership, the Fredericksburg Regional Alliance, and the Port of Virginia to secure UVision’s investment using a combination of state-level and local incentives. The state’s incentive included Virginia Jobs Investment Program (VJIP), a program that provides funds to support employee recruitment and training to companies that create new well-paying jobs. UVision will also receive funds from the Port of Virginia grants and tax credit programs. Stafford County approved a technology zone incentive for UVision, which provides up to $36,152 in funding, with conditions to meet qualifying capital investment and job creation requirements.
“Stafford County’s partnership and investments in infrastructure with Merritt Properties at Quantico Corporate Center and ‘smart technology’ with the Virginia Innovation Partnership Corporation continues to provide opportunity and prime locations for technology companies like UVision,” said Crystal Vanuch, Chairman of the Stafford Board of Supervisors. “We look forward to a long-term relationship with UVision as they expand their company.”
Stafford is home to The Virginia Smart Community Testbed, XCorp Solutions and the Cyber Bytes Foundation, the FBI, NCIS, and Marine Corps Base Quantico. UVision joins this growing ecosystem of cutting-edge technology, home defense and military agencies, and state-of-the-art tech facilities.
“The unmanned and UAV ecosystem in Stafford County is supported by a strong workforce of electrical engineers and software developers,” stated John Holden, Director for Stafford County’s Department of Economic Development and Tourism. “Access to a pool of growing talent and proximity to government security agencies make the region attractive for investments like UVision.”
# # #