Pittsburgh is earning a reputation as a hot location for fast-growing tech companies. A total of $3.6 billion worth of capital was invested into the Pittsburgh region in 2021, part of more than $10 billion invested in the past decade. Our latest “The Autonomy Economy” article in the Boston Business Journal. More articles in the […]
Regions around the country are competing for the next wave of technology jobs and are trying to position themselves as the next Silicon Valley. Some are devoting substantial resources to marketing and attracting these companies, but only a few have existing ecosystems that already support a vibrant tech sector. Which regions will be most likely […]
After R&D comes commercialization, but as real estate assets in high-cost markets dwindle and prices continue to rise, fast-growing companies in the autonomous technology field may need to look outside their hometowns to find the properties they need to test and manufacture their products. One place they should look is Pittsburgh. Our latest “The Autonomy […]
The latest from Don Smith on regional economic development penned in the Pittsburgh Business Times. “Our region is undergoing an economic renaissance, transitioning to gain national recognition as home to companies in autonomous technology, artificial intelligence, robotics and life sciences. It is also true that our state’s population growth in the past decade was the […]
Agility Robotics, a firm specializing in robotic legged mobility, and a new tenant in RIDC’s Chocolate Factory building in Lawrenceville, announced on Friday that it raised $150 million in capital investment. “Agility Robotics will be in good company at the Chocolate Factory—joining the many robotics, AI and tech firms operating along Robotics Row,” said Donald F. […]
RIDC President Speaks at Pittsburgh Robotics Network’s “The State of Our Autonomous Vehicle Industry” Event
Last night, RIDC president Don Smith spoke at the Pittsburgh Robotics Network’s ‘The State of Our Autonomous Vehicle Industry’ event with autonomy leaders about the industry’s roots in the region, and its potential to bring jobs, investment and world-changing innovation.
The global market for terrestrial autonomous mobile systems alone is projected to climb to an estimated $802 billion by 2025-26, according to a joint study conducted by TEConomy Partners LLC in partnership with the Regional Industrial Development Corporation of Southwestern Pennsylvania (RIDC) and the Greater Pittsburgh Chamber of Commerce with funding from the Richard King Mellon Foundation. […]
Industrial leaders of the past built Pittsburgh into an economic powerhouse with steel. This new generation of executives will do the same with autonomous technology, making Pittsburgh once more the place to be. Article in RIDC’s new content hub “The Autonomy Economy” with Boston Business Journal. https://ridc.org/news/boston-market-the-autonomy-economy-content-hub-live/
We’re thrilled to announce we’ve launched a content hub with the Boston Business Journal; “The Autonomy Economy” is a space dedicated to showcasing Pittsburgh’s autonomy ecosystem to the Boston market as the place expanding autonomous technology companies need to be. The sector encompasses a wide range of technologies, such as robotics and artificial intelligence, transforming products […]
Throwback Thursday: We were pleased to host the PA House Transportation Committee’s public hearing at RIDC Westmoreland in Westmoreland County Community College’s Advanced Technology Center last month regarding legislation that would authorize Highly Automated Vehicles (HAVs) testing. The committee members heard from several stakeholders and enjoyed a tour of the RIDC Westmoreland campus including a […]
Going forward, local contract manufacturers will play an integral role in fueling growth in the autonomy industry. Pittsburgh Inno article here. Related articles: https://ridc.org/news/video-pittsburghs-autonomous-renaissance-executive-discussion/ https://ridc.org/news/many-pittsburgh-robotics-jobs-dont-require-advanced-degrees/
FOR IMMEDIATE RELEASE: CONTACT: Desiree Niccoli, email@example.com, 412-535-5701 FINAL STEEL RAISED INTO PLACE AT RIDC MILL 19 BUILDING C: STEEL BEAM SIGNED BY DIGNITARIES AND CONSTRUCTION TEAM Alex Jones Photography, courtesy of RIDC Pittsburgh, PA—April 1, 2022—Regional Industrial Development Corporation of Southwestern PA (RIDC) raised the final steel beam into place at RIDC Mill […]
RIDC President Don Smith joined Matthew Johnson-Roberson, director of Carnegie Mellon University’s Robotics Institute and Danielle Proctor CEO of Advanced Construction Robotics, Inc. to discuss the fast-growing autonomous technology industry in Pittsburgh and its vast scope as it transitions from R&D to commercialization and manufacturing, creating jobs and other future growth opportunities. VIDEO + article: […]
When we think about qualifications for robotics jobs, and the talent eligible to apply, we may picture an engineer who’s had a rigorous education and has graduated from a top-tier school like Carnegie Mellon University with a master’s degree or a Ph.D. But many of the robotics job openings right now are technical and skilled […]
“Strengthening the ecosystem with some investments in incubation or co-working space or seed funding or ways to just really support what is still largely early-stage commercialization is really the way that we can cement this advantage that we have and turn it into a perpetual jobs machine,” RIDC President Donald Smith says. Pittsburgh: The Autonomous Systems […]
Pittsburgh’s autonomy industry did not sprout overnight. It took decades of patient partnerships and investment to grow it, and it will take more of that collaborative spirit to keep us at the forefront. Article link. Related Articles: https://ridc.org/news/autonomy-industry-leaders-talk-talent-capital-and-shaping-the-future/ autonomous tech it’s not just cars https://ridc.org/news/beyond-rd-capturing-autonomous-industry-manufacturing-in-pittsburgh-is-a-crucial-next-step/ https://ridc.org/news/pittsburghs-autonomy-economy-content-hub-has-launched/
Just as industrial leaders of the past built Pittsburgh into an economic powerhouse, this new generation of executives is working together not only to grow their own companies, but to create jobs, strengthen the region’s economy and improve the quality of life in our communities. Pittsburgh’s Autonomy Economy article with the Pittsburgh Business Times can […]
“Companies value locations where government works with them and creates a statutory and regulatory environment that views the public interest and economic development as compatible, rather than competing, priorities.” Pittsburgh Business Times viewpoint by RIDC President Don Smith can be read in full here.
While autonomous vehicles may be the most personal way in which we experience the benefits of this technology, there are myriad other applications already making our world healthier, safer and more efficient. The Pittsburgh Business Times article can be read in full here.
Pittsburgh has the potential to become a global leader in autonomous technology. But investing in R&D will not be enough to get us there. Article can be read in full here.
The Pittsburgh region, which fueled economic expansion when steel was building the country’s industrial might, is now poised to fuel a new era of growth as new technologies revolutionize the way we live and work. This Pittsburgh Inno article can be read in full here.