Technology Parkâ€™s reputation as Adelaideâ€™s premier business location for knowledge intensive firms has been further cemented with a raft of activity over the past six months.
â€œTechnology Park is home to more than 80 businesses, and recent expansions and relocations will make a significant contribution to the ongoing value and synergies that come from like businesses co-locating,â€ said Mayor Gillian Aldridge.
â€œThese businesses have University of South Australia expertise at their doorstep with the new multi-million dollar Future Industries Institute, which focuses on building knowledge and capacity in core future industries. It provides business real scope to leverage these research capabilities to address real world issues.â€
Codan recently centralised its Adelaide operations to Technology Park bringing over 250 staff. Codan exports to more than 150 countries with leading-edge technology solutions that solve customersâ€™ communications, safety, security and productivity problems in some of the harshest environments on Earth.
Managing Director and CEO Donald McGurk said Codanâ€™s new premises underwent significant redevelopment and a refit â€œbringing a campus-feel to the workplaceâ€. â€œIt has been designed to foster a culture of collaboration and interaction by being predominately open-planned, with minimal offices and extensive break-out and meeting spaces,â€ he said.
The choice to relocate to Technology Park was a simple one for Codan, said Matthew Csortan, Executive of Operations. â€œTechnology Park is the premier technology precinct in Adelaide and Codan establishing its global base of operations here puts us amongst other like-minded hi-tech and defence organisations, which will benefit both business and the community as well as supporting economic growth in the northern suburbsâ€.
Other recent expansions and relocations include:
- Speedcast purchased and expanded facilities to provide teleport and satellite capabilities to service providers and the natural resources and government sectors. This recent acquisition accounted for a growth in staff and the construction of multiple on-site satellite dishes.
- Ellex has signed a conditional contract to buy an office building of some 4,500 square metres, which will become the headquarters of this ASX listed company. They design and make ophthalmic lasers and ultrasounds to treat eye disease. This move will bring over 150 staff with plans to grow significantly to meet increasing export demands.
- In November combat system manufacturers Lockheed Martin Australia opened their new facility, which integrates the best sensors, sonar, radar, navigation, imagery systems and weapons for Australiaâ€™s future submarine combat systems.
- Global aerospace giant Boeing established their first ever South Australian headquarters at Innovation House at Technology Park to prepare for eight Boeing P-8A Poseidon maritime patrol aircraft at the RAAF Edinburgh Base.
- Defence firm CEA Technologies is expanding from its current location in Technology Park to a new purpose built two storey office plus separate workshop.