WASHINGTON, Aug. 7, 2024
/PRNewswire/ -- Riverside Research will relocate its DC-based
business operations to Fairfax,
VA, in September 2024, as part
of its strategy to centralize Northern
Virginia operations and accommodate growth. This move will
merge its current facility in Arlington,
VA, with its Centreville,
VA, office. The new, state-of-the-art 38,707-square-foot
facility in Fairfax is
strategically located to sustain the company's proximity to key
government contracting and business activities.
In addition to facilities dedicated to the execution of work for
Riverside Research's customers, set in a combination of
unclassified and cleared areas, this location will support
Riverside Research's Open Innovation Center (OIC), a
multi-disciplinary research and development center within Riverside
Research. The new location will also house its Commercial
Innovation Center (CIC), an online development and test platform
providing a secure, virtual, open ecosystem for commercial space
related research and development.
The move to 12601 Fair Lakes Circle in Fairfax represents $14.7M in lease dollars over the next decade,
with a $7.5M capital improvement
investment from the company. The facility will house 55 high-tech
jobs and $9.1M in overall annual
salary. Additionally, the company anticipates adding an estimated
60 new high-tech jobs to this office.
Riverside Research employs more than 700 technical experts and
support staff across the country. The national security nonprofit's
mission is to solve challenging and complex problems for government
agencies tasked with keeping our nation safe.
"Our new, consolidated Fairfax
location ensures close proximity to many of our government
customers, and underscores our ongoing commitment to innovation on
behalf of the Department of Defense and Intelligence Community,"
said Dr. Steven Omick, President and
CEO of Riverside Research.
With this local move, Riverside Research joins the Fairfax County Chamber of Commerce and remains
a member of the Northern Virginia
Chamber of Commerce.
The company is actively hiring to fill roles in multiple
facilities, including its new Fairfax location. To learn more about
available opportunities, visit riversideresearch.org/careers.
About Riverside Research
Riverside Research is a national security nonprofit serving the DoD
and Intelligence Community. Through the company's Open Innovation
Center (OIC), it invests in multidisciplinary research,
development, and encourages collaboration. Riverside Research's
areas of expertise include Object and Activity Detection,
Accelerated AI/ML, Zero Trust, Open Architectures, Computational
Electromagnetics, Plasma Physics, Terahertz Imaging, Commercial
ISR, Collection Planning, and more. Learn more
at www.riversideresearch.org.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/riverside-research-national-security-nonprofit-relocates-to-fairfax-va-to-accommodate-substantial-growth-302215974.html
SOURCE Riverside Research