ROCHESTER, N.Y., [JUNE 18, 2018] – Sydor Technologies, a global provider of advanced x-ray detectors and diagnostic instrumentation for the energy, research, and defense industries, is announcing the acquisition of a new headquarters and manufacturing space. The relocation includes the purchase and renovation of a +/-41,000 sq. ft. manufacturing and R&D facility in Fairport, New York, as well as the commitment to expand employment. This relocation incorporates added manufacturing space, clean room space, R&D labs, and offices required for the projected doubling of the workforce. Sydor was recently awarded two additional Small Business Innovation Research (SBIR) grants totaling over $5,300,000. These grants expanded the further commercialization of two direct X-ray detectors required for specific scientific research done within synchrotrons and X-ray Free Electron Laser (X-FEL) facilities around the world. Empire State Development (ESD) has committed tax incentives for the expansion through the Excelsior Jobs Program worth $900,000 which is linked to the creation of 36 new jobs over the next 5 years.
Sydor Technologies’ President and CEO, Michael Pavia states “Sydor has continued to push forward in ultra-fast imaging for complex measurements. The technology we work on is very challenging, and it requires partnerships to effectively develop and bring to market the unique solutions that solve critical measurements to enable new science. These partnerships include the detector research, as well as the funding required to staff and manufacture during the pre-revenue development stages. We thank the Department of Energy Small Business Innovation Research program, New York State Empire State Development, and Imagine Monroe for providing a platform to achieve these goals. Our growing Sydor team has been personally committed to delivering exceptional solutions to really difficult problems, and the results are evident with our continued growth and expansion.”
For additional information please contact:
Chuck McFee, email@example.com