Technology Projects

The Office of Economic Development (OED) works with industries to help companies access intellectual capital to develop new materials and processes that will improve efficiency and increase their market share.  

Drone

Automonous Systems in Virginia

Virginia has the opportunity and the capability to be a national leader in the autonomous vehicle field with the potential of yeilding thousands of high-paying jobs. Through this report, Virginia Tech became a Federal Aviation Administration (FAA) Unmanned Aerial Systems (UAS) test site. OED provided an overview of the issues and opportunities concerning autonomous vehicles in order to support informed decisions.

Full Report

VT Airport

Blacksburg Airport Analysis

OED completed a study examining the economic impact the Virginia Tech—Montgomery Executive Airport (VTMEA) brings to the New River Valley (NRV). OED found three primary ways current operations contribute to the local region. The full report details these impacts.

Full Report

a woman attaching a door to the body of a small airplane

Future of Virginia Aviation

The OED is working to create a plan to strengthen the aviation and aerospace workforce in Virginia.

"Office of Economic Development talks aviation in Richmond"

"Office of Economic Development visits Liberty University"

image of small blue satelite floating  in space

Proposal to Expand Small Satellite Research

The OED evaluated a proposal by the Virginia Space Grant Consortium for the Small Satellites Virginia Initiative program and found the prorgam could bring up to $16.2 million to the state.

"Virginia small satellite initiative investment could return millions" (PDF)