Company Name: Infinity Labs LLC
Location: Dayton
Site Region: Western
Industry Sector: Information Services and Software
Company Profile: Infinity Labs’ focus centers-on disruptive technologies, research and development (R&D), as well as delivering emerging capabilities to both commercial industry and defense customers. Their primary customers are the Navy, Air Force and Army.
Company Website: i-labs.tech/
Project Summary:
Type of Project: New Location
Jobs:
- Jobs committed: 160
- Jobs retained: 20
Capital Investment: $17,261,849
Timetable: After first being recognized as an Entrepreneurial Startup of the Year in 2020, Infinity Labs has quickly risen to become a mature company that will establish its new headquarters in Dayton in 2022.
Company Need:
Since July 2020, Infinity Labs has increasingly secured contracts and directed funding opportunities and are continuing to add on wins, personnel, and capabilities. With these wins comes the need to rapidly scale to support the growth of its entrepreneurial model. Expansion is a key component to supporting, funding and growing its R&D program.
Testimonial:
Why Ohio?
Ohio is home to an array of federal & military installations supporting over 380,000 jobs and delivering nearly $40 Billion in gross regional product. Surrounding those installations is an industrial base representing $69 billion in total economic activity, accounting for nearly 6% of the state’s economy.
Infinity Labs is a fast-growing defense contractor eager to leverage the proximity to the U.S. Air Force leadership at Wright-Patterson Air Force Base and the Dayton Region's skilled workforce and affordable quality of life. Company leadership has been a strong advocate of Dayton and Ohio. Leveraging the region’s advantages, this expansion will grow Infinity Labs from 20 to 160 associates.
Collaborators:
JobsOhio, The Ohio Department of Development, Dayton Development Coalition, City of Dayton, Montgomery County