A nonprofit research group and a firm with ties to the defense industry plan to open offices at a Riverside office park near Wright-Patterson Air Force Base, while a third company will expand at the site, officials say.
Menya Communications has opened at Wright Point Office Park, bringing about six jobs from a previous location at TechTown in Dayton, said Samuel Wanderi, company president and CEO. The new office is “more strategically located closer to our customer at Wright-Patt,” he said.
The information technology company specializes in cyber security and communications in defense and government contracts, and commercial work, he said.
Space Dynamics Laboratory, a nonprofit affiliated with the Utah State University Research Foundation, will open an office with three employees in August to support contracts with the Air Force Research Laboratory, said Eric Warren, a spokesman for the nonprofit.
Space Dynamics has about 500 employees, most of whom work in Logan, Utah, Warren said.
“They focus on solving technical challenges for the military and the scientific community,” he said.
SP Global Inc., an existing tenant that brings “social enhancement technologies” to market, plans to add up to five employees and occupy most of the third floor of one building on site, according to Timothy A. Shaw, vice president of Midwest operations. Three employees work in the office today.
The company, headquartered in Virginia, works closely with the Air Force Research Laboratory at Wright-Patterson to bring lab-developed technology to market, he said.
“We know there’s a wealth of information in there,” he said. “…We’re looking to expand as fast as we can get to the market and get revenue coming in.”
The city of Riverside bought two buildings at Wright Point Office Park, 5200 Springfield Street, for $2.5 million a few years ago and moved city hall administrative offices there in 2015.
“The market is picking up,” Robert J. Murray, city director of economic development. ”We are getting a lot of inquiries,” particularly in cyber security.
The two new ventures and expansion will bring a small number jobs now, but the city has bigger hopes for the future, Murray said.
“The jobs right now are minimal, but the reason they are here and the reason we accepted them was of the business projections they are putting together,” he said.