Committed to enabling a safe transition to an electrified and connected world, Ocellott enjoyed an incubation period at the John Mica Engineering & Aerospace Innovation Complex (MicaPlex) and is now beginning its next stage here in Florida.
An electronics engineering company founded in 2015, Ocellott has a strong presence in Brazil with a history of serving international customers, including in the United States. Specializing in the development and manufacture of complex systems, the company offers products for the defense, aerospace and test and measurement markets.
“We are honored that Ocellott has chosen Embry-Riddle Aeronautical University Research Park as America’s stepping stone to continued innovation and commercial success,” said Embry-Riddle President P. Barry. Butler, Ph.D. “In establishing the Research Park in 2017, our Board of Trustees created a transformative environment where global entrepreneurs and students promote economic progress in the service of society. We look forward to working with Ocellott to advance this vision.
Commenting on the company’s new approach, Rodrigo Junqueira, President of Ocellott US, said, “Our business model is agile, results-driven and focused on solving customer challenges. We have a team capable of providing a variety of engineering solutions. In the United States, we will begin with the development and manufacture of system electrification and voltage conversion solutions for eVTOLs, as well as the design and manufacture of electromagnetic compatibility test boxes.
As a springboard for economic prosperity, Volusia County’s business, education, and community leaders provide resources and inspiration, which draws businesses and innovators to our community.
“The Embry-Riddle Research Park has directly created 123 well-paying jobs since 2017 while attracting more than $46 million in outside investment to Daytona Beach,” said Rodney Cruise, chief operating officer and vice-president. senior president of the university. “Among our two dozen companies in the research park, Ocellott will be the fifth international company to join us. We look forward to helping Ocellott create 20 new jobs in our community. We are also grateful to Team Volusia, the Daytona Beach Regional Chamber of Commerce, the CEO Business Alliance, and the State of Florida for their continued support of our efforts.
“Volusia County has many talented professionals, and the Volusia EDC team is inspired by team players such as Embry-Riddle Aeronautical University and the Volusia County government, as we strive to bring an innovative company like Ocellott in our region. In addition to 20 new jobs, their three-year growth plan includes an average salary of $51,400 and a total annual payroll of $1.02M,” said Keith Norden, President and CEO of Team Volusia. EDC. “From resources like Enterprise Florida to partners like CareerSource Volusia Flagler, the economic development cycle builds the future, from ideation and awareness to induction and training.”
“Today is a great day for Volusia County,” said Marc Adler, acting Florida Secretary of Commerce and President and CEO of Enterprise Florida. “At Enterprise Florida, we are proud to work with our partners across the state to bring innovative businesses to our communities. As an innovation-driven company, Ocellott couldn’t have picked a better place to expand its footprint than at Embry-Riddle Aeronautical University in Volusia County. We are excited to see what Ocellott will accomplish in the future.
Volusia County Executive George Recktenwald added, “This is really exciting news that capitalizes on the strengths and high-tech assets we can offer the aerospace and defense industries right here in the Volusia County. The synergy between the Volusia team, the Embry-Riddle Aeronautical University and the MicaPlex makes it an ideal location for this project. We welcome Ocellott to the community and are optimistic that there will be even more positive economic development and job growth to come. »
About the John Mica Aerospace Engineering and Innovation Complex (MicaPlex)
Embry-Riddle Aeronautical University’s research park generated $137 million in total economic impact in Florida last year – a 50% increase over figures reported in 2019 – according to an independent study conducted by the Washington Economics Group, Inc.
The cornerstone of the research park, the John Mica Aerospace Engineering and Innovation Complex (MicaPlex), has directly created more than 120 well-paying jobs, with an average salary of over $78,000, spread across 22 technology companies peaks that inhabit space. These companies have already attracted more than $46 million in outside investment.
The university’s research park generates significant economic activity that supports $14 million in tax revenue for federal, state and local governments, the economic impact study concludes. Targeting high-growth sectors, the research park also supports more than 700 jobs in total, both directly and indirectly — up nearly 40% compared to 2019, when 503 jobs were supported.
About Team Volusia Economic Development Corporation (Team Volusia EDC)
The Volusia EDC Team is a non-profit, public/private corporation founded in 2010 whose primary mission is to market and recruit businesses from outside the Volusia County area. An autonomous entity, the organization is a valuable part of the economic development delivery system and works in partnership with state and county agencies, municipalities, chambers of commerce and other resource partners to achieve the goals of economic development of Volusia County.
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