Indiana Economic Development Corporation

Krach Institute for Tech Diplomacy at Purdue Partners with Indiana’s Applied Research Institute to Accelerate Global Tech Security and Innovation in America’s Heartland

Retrieved on: 
Thursday, November 9, 2023

The Krach Institute for Tech Diplomacy at Purdue and the Applied Research Institute (ARI) based in Indiana announced a partnership to accelerate the innovation and adoption of trusted technology to enhance global tech security within the State of Indiana.

Key Points: 
  • The Krach Institute for Tech Diplomacy at Purdue and the Applied Research Institute (ARI) based in Indiana announced a partnership to accelerate the innovation and adoption of trusted technology to enhance global tech security within the State of Indiana.
  • “Our collaboration will bring new opportunities ​to spur innovation, ​extending from Indiana’s Hard Tech Corridor to global capitals worldwide.”
    “We are thrilled to partner with the Krach Institute,” said Dave Roberts, Chief Executive Officer of ARI.
  • The partnership with ARI is the latest in a series of strategic partnerships orchestrated by the Krach Institute for Tech Diplomacy at Purdue.
  • In June, Purdue University and the Krach Institute signed memorandums of understanding with NYCU and NCCU, two research universities in Taiwan, to bolster research and workforce development efforts in Tech Diplomacy and semiconductor-related areas.

Indy Autonomous Challenge Returns to CES 2024 as a Featured Exhibitor Racing Under the Lights With Next Gen Autonomous Racecars

Retrieved on: 
Wednesday, November 8, 2023

The Indy Autonomous Challenge (IAC), the global innovator in autonomous racing, will return to CES®2024 as a featured exhibitor , pushing the boundaries of autonomous racing and showcasing the future of autonomous mobility.

Key Points: 
  • The Indy Autonomous Challenge (IAC), the global innovator in autonomous racing, will return to CES®2024 as a featured exhibitor , pushing the boundaries of autonomous racing and showcasing the future of autonomous mobility.
  • View the full release here: https://www.businesswire.com/news/home/20231108936672/en/
    The Indy Autonomous Challenge (IAC), the global innovator in autonomous racing, will return to CES®2024 as a featured exhibitor, pushing the boundaries of autonomous racing and showcasing the future of autonomous mobility.
  • (Graphic: Business Wire)
    The IAC will have a significant presence throughout CES 2024, highlighted by the Autonomous Challenge @ CES at the Las Vegas Motor Speedway under the lights on Thursday, January 11, 2024.
  • A highlight of the IAC’s presence at CES this year will be the unveiling of the Next Gen Autonomous Racecar.

New ‘benchmark’ for food logistics at the Crossroads of America

Retrieved on: 
Wednesday, October 25, 2023

We are building a more resilient, reliable, and sustainable food supply chain to better serve our customers.

Key Points: 
  • We are building a more resilient, reliable, and sustainable food supply chain to better serve our customers.
  • That period underlined the importance of building resilience into the supply chain of leading food companies in the US,” notes Swarttouw.
  • The scale and strategic location of the facility, at the crossroads of America, means it acts as a transport center of gravity for food companies.
  • “Located strategically in the center of the Midwest, Indiana is uniquely positioned to be a leader in advanced logistics and agbioscience.

America's top entrepreneurs, including Jennifer Garner and Deepak Chopra, to plan the future of business at the Inc. 5000 Conference

Retrieved on: 
Tuesday, October 10, 2023

At this annual can't-miss event, the country's innovators will have the chance to network and socialize with peers as well as with visionary leaders who are shaping tomorrow's entrepreneurial landscape.

Key Points: 
  • At this annual can't-miss event, the country's innovators will have the chance to network and socialize with peers as well as with visionary leaders who are shaping tomorrow's entrepreneurial landscape.
  • Prominent speakers joining the Inc. 5000 honorees include:
    Ali Webb – founder of Drybar, Squeeze, Canopy, BQ
    Bill Frist – co-founder of CareBridge, ranked No.
  • boot camp designed by an MIT Press author to inform and instruct C-suite leaders in how to take advantage of the world-building technology.
  • The Inc. 5000 Conference & Gala is made possible thanks to sponsors including Capital One Business, Insperity, Principal, Indiana Economic Development Corporation, Mercedes-Benz Vans, Disney Advertising, and GS1 US.

Indiana to Showcase Entrepreneurial Ecosystem as Host of Global Entrepreneurship Congress 2025

Retrieved on: 
Thursday, September 21, 2023

Indianapolis, Sept. 21, 2023 (GLOBE NEWSWIRE) -- The Global Entrepreneurship Network (GEN) today announced that Indiana will host the Global Entrepreneurship Congress (GEC) for the first time in 2025, welcoming entrepreneurs, policymakers, investors and startup ecosystem builders from around the world to Indiana and its capital city.

Key Points: 
  • Indianapolis, Sept. 21, 2023 (GLOBE NEWSWIRE) -- The Global Entrepreneurship Network (GEN) today announced that Indiana will host the Global Entrepreneurship Congress (GEC) for the first time in 2025, welcoming entrepreneurs, policymakers, investors and startup ecosystem builders from around the world to Indiana and its capital city.
  • “Indiana has a strong and storied history with entrepreneurship at the center, and we are thrilled to showcase our state and our innovative ecosystem during the Global Entrepreneurship Congress in 2025," said Governor Eric J. Holcomb.
  • The Global Entrepreneurship Congress is hosted in a different rising entrepreneurial city each year, presenting four days of actionable intelligence, collaboration and collective action.
  • Indianapolis also serves as host to the IEDC’s Indiana Global Economic Summit, first held in 2022 and slated again to occur in May 2024.

Inaugural Rally Conference Wraps, Celebrates Pitch Competition Winners

Retrieved on: 
Friday, September 1, 2023

INDIANAPOLIS, Sept. 1, 2023 /PRNewswire/ -- Rally, the world's largest cross-sector innovation conference, concluded after three days and hundreds of content sessions, investor meetups, cross-sector collaborations, technology demonstrations and a $5 million pitch competition.

Key Points: 
  • "The conference surpassed all our expectations," said Christopher Day, Rally Visionary and CEO of Elevate Ventures .
  • The startup pitch competition was a signature element of the inaugural conference, with companies in Ag & Food, HardTech, Healthcare, Software and SportsTech each vying for up to $1 million in investments.
  • The pitch competition wasn't the only opportunity for startups to gain new funding, as nearly 150 companies and investors from across the country participated in one-on-one discussions.
  • Several other events co-located with Rally this year, including the gener8tor Agriculture Conference, Indiana Technology & Innovation Association's Annual Conference and Indy Women in Tech Summit.

Global Space Infrastructure Leader Redwire to Build State-of-the-Art Microgravity Payload Development and Space Operations Facility in Floyd County, IN

Retrieved on: 
Tuesday, July 11, 2023

Redwire Corporation (NYSE: RDW), a leader in space infrastructure for the next generation space economy, announced today it plans to open a new state-of-the-art microgravity payload development facility with a mission operations center at the Novaparke Innovation & Technology Campus in Floyd County, Indiana, as the company looks to increase production of critical technologies enabling human spaceflight missions and commercial microgravity research and development in low-Earth orbit (LEO).

Key Points: 
  • Redwire Corporation (NYSE: RDW), a leader in space infrastructure for the next generation space economy, announced today it plans to open a new state-of-the-art microgravity payload development facility with a mission operations center at the Novaparke Innovation & Technology Campus in Floyd County, Indiana, as the company looks to increase production of critical technologies enabling human spaceflight missions and commercial microgravity research and development in low-Earth orbit (LEO).
  • The new 30,000 square foot facility will support increased demand from commercial companies and academic researchers focused on improving pharmaceutical drug development, optimizing disease treatments, and enabling technologies essential for sustainable human spaceflight in LEO and beyond.
  • Construction is expected to begin in the fourth quarter of this year.
  • “As we leverage strategic investments to scale in-space manufacturing in LEO, it will directly impact the sustainability of future human spaceflight and deliver optimized products for Earth-based industries.

Indiana Launches South Korea Office in Support of Increased Relationships with Future-Focused Korean Industries

Retrieved on: 
Tuesday, July 11, 2023

The office, which officially opened July 1, marks the IEDC’s second new office expansion this year and its eighth international office, reinforcing the state’s commitment to global engagement.

Key Points: 
  • The office, which officially opened July 1, marks the IEDC’s second new office expansion this year and its eighth international office, reinforcing the state’s commitment to global engagement.
  • “Indiana’s new Seoul office underscores the importance of the state’s deepening relationships with Korean companies and their increased interest in a dynamic Hoosier workforce and economy,” said Sec.
  • Today’s news builds on the growing economic relationship between Indiana and South Korea, following two state-led economic development trips to Korea within the last year.
  • Indiana was one of eight states invited by the U.S. Embassy in Seoul to exhibit within the conference’s U.S. pavilion.

Indy Autonomous Challenge Sets Autonomous Speed Records at Monza “Temple of Speed”

Retrieved on: 
Tuesday, June 20, 2023

The Indy Autonomous Challenge (IAC) today announced that team PoliMOVE won the first-ever autonomous driving road course time trial competition, held at the Monza “Temple of Speed.” The historic feat took place as part of the Milan Monza Motor Show (MIMO), which ran from June 16-18, 2023, at the Autodromo Nazionale Monza.

Key Points: 
  • The Indy Autonomous Challenge (IAC) today announced that team PoliMOVE won the first-ever autonomous driving road course time trial competition, held at the Monza “Temple of Speed.” The historic feat took place as part of the Milan Monza Motor Show (MIMO), which ran from June 16-18, 2023, at the Autodromo Nazionale Monza.
  • View the full release here: https://www.businesswire.com/news/home/20230620711764/en/
    Team PoliMOVE won the first-ever autonomous driving road course time trial competition, held at the Monza "Temple of Speed."
  • The fact that a “hometown” team representing Politecnico di Milano won resulted in a historic celebration on the Monza Winner’s Podium.
  • “Once again, the Indy Autonomous Challenge is pushing the boundaries of high-speed automation with a historic time trial race on the iconic Monza F1 circuit,” said Paul Mitchell president, IAC.

Walmart Opens High Tech Fulfillment Center Near Indianapolis

Retrieved on: 
Thursday, June 15, 2023

This next generation facility is Walmart’s largest fulfillment center to date, and will enable the retailer to fulfill more orders, more quickly.

Key Points: 
  • This next generation facility is Walmart’s largest fulfillment center to date, and will enable the retailer to fulfill more orders, more quickly.
  • The space is Walmart’s largest fulfillment center to-date and is designed to expand access to the retailer’s next- or two-day shipping.
  • Walmart Fulfillment Services, Walmart’s end-to-end third-party fulfillment service, will also leverage the space to fulfill Marketplace items.
  • The McCordsville fulfillment center will be home to more than 1,000 Walmart associates.