LocatorX Moves Headquarters to NeoCity, Accelerating Commitment to Innovation and Growth

NeoCity ecosystem supports cutting-edge advancements in semiconductors and smart sensors

LocatorX Moves Headquarters to NeoCity, Accelerating Commitment to Innovation and Growth

Media:
Jody Spencer
LocatorX
jody.spencer@locatorx.com

Investor:
Mike Jones
LocatorX
mike.jones@locatorx.com

LocatorX, the trusted provider of secure IoT sensors and supply chain data visibility, is excited to announce the relocation of its headquarters to NeoCity, Central Florida’s premier technology and innovation district. This strategic move underscores the company’s commitment to fostering innovation, collaboration, and growth in a dynamic tech ecosystem.

Originally founded in 2014 in Jacksonville, LocatorX moved its headquarters to Atlanta where it has continued to operate for a decade. With product enhancements focused on defense and government needs, and backed by recently awarded multi-year contracts, the company has reached an inflection point in its growth.

Chester Kennedy, CEO of LocatorX, commented, "After much consideration we determined that NeoCity offers the environment most conducive to continue to grow our company. The new location places us at the epicenter of semiconductor innovation and provides access to talent from surrounding universities. 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."

“NeoCity continues to attract innovative technology leaders who recognize the unique advantages of our high-tech ecosystem,” said Osceola County Commission Chairwoman Viviana Janer. “LocatorX's decision to relocate its headquarters here validates our vision and investment in NeoCity. It is more evidence of the recent success of this strategy and commitment.”

NeoCity has rapidly emerged as a hub for technological advancement, offering state-of-the-art facilities, access to top talent, and a vibrant ecosystem that fosters partnerships between public and private sectors. 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. Having our headquarters collocated with such entities as BRIDG, imec, Plug and Play, and SkyWater Technology will create the environment to keep us on the cutting-edge. NeoCity Academy and the partnerships with University of Florida and Valencia College also help to ensure that local talent and a strategically skilled workforce will be there to support our long-term growth in the decade ahead,” added Kennedy.

Additional Quotes

“We’re excited to welcome LocatorX headquarters from Atlanta to NeoCity,” stated Jay Galbraith, BRIDG President. “Thanks to the leadership of the Osceola County Commission and the dedication of their team, this is another step forward in collectively growing our technology ecosystem. Moreover, this illustrates the impact of the National Science Foundation’s Central Florida Semiconductor Innovation Engine in our region.”

"We are thrilled for LocatorX to join our rapidly expanding Florida ecosystem. Their IoT solutions for securing complex, high-value supply chains fill a critical need for customers in defense, aerospace, medicine, and other key industries,” commented David Arnold, Professor and Director of the Florida Semiconductor Institute at the University of Florida.

“Having LocatorX relocate to NeoCity is a testament to the vision set forth by Osceola County as we catalyze the innovation ecosystem in Central Florida,” stated Tawny Olore, CEO, NSF Central Florida Semiconductor Innovation Engine. “We gladly welcome Chester Kennedy and team to NeoCity as we leverage the NSF Engine to serve our nation as a hub for semiconductor advanced packaging and workforce development.”

About LocatorX

LocatorX provides secure IoT sensors and data intelligence, redefining how aerospace, defense, and government sectors track and manage critical assets. By delivering connected insights and critical visibility data through its unique LX Digital Fingerprint and data platform, LocatorX ensures a secure digital thread throughout the lifecycle of every asset, from creation through consumption. With LocatorX, companies can develop and deliver products with confidence and have assurance of authenticity. To learn more about LocatorX, visit www.locatorx.com.

About Osceola County and NeoCity

Osceola County is one of the fastest growing counties in the nation. It is a dynamic and innovative community focused on a vision to be the center of research and manufacturing innovation of a regional economy and in doing so, it aims to enhance the quality of life for its residents using responsible resource management, innovative public services, and community engagement. Following the impacts of the COVID-19 pandemic, when unemployment hit 30 percent (the highest in the state), Osceola County re-affirmed its long-term commitment to a 500-acre technology district known as NeoCity in order to diversify its economy. Working with the National Science Foundation, the Central Florida Semiconductor Innovation Engine seeks to be a global leader in the advanced and specialty packaging of semiconductors based in Florida. To learn more about NeoCity, visit https://www.neocityfl.com/.