As part of the initiative, CAMT is partnering with United Properties to develop the former Agilent facility into a multi-tenant campus that can house more than 70 companies with a focus on scale-up stage aerospace and clean energy manufacturing and technology companies. The initiative and park will create an estimated 10,000 jobs over the next five years across the state. The ACE Regional Innovation Cluster is already receiving recognition across the United States and internationally as one of the only projects that addresses the technology transfer gap between research and development, and scaling up aerospace and clean energy manufacturing efforts.

Tom Clark, executive vice president of the Metro Denver Economic Development Corp., points out that “Colorado’s vision of becoming a global center for energy and aerospace gets another crucial component with the announcement of the next phase of the ACE project. ‘Innovation clusters’ such as space and energy need an intellectual and physical infrastructure to accelerate their growth and maintain global competitiveness. The ACE project will provide both.”
Currently, the Loveland campus is 167 acres with 811,000 square feet of office space in four buildings. The initial project will include two 50,000-square-foot buildings to house shared services including testing, labs and other services needed to accelerate the process of developing and delivering new technologies to market. “We are very pleased to have entered a development agreement with CAMT and believe this represents an exciting opportunity,” says Frank Dutke, president of United Properties.

In addition to aerospace and clean energy manufacturing and technology companies, other parties interested in occupying space at the park include workforce training partners, academic institutions and other federal programs. “This is a transformational investment for Loveland, the region and the State of Colorado,” says Bill Cahill, Loveland’s city manager, in a prepared statement.

As part of the initiative, CAMT has developed several programs to assist Colorado companies in the aerospace and clean energy sectors with technology acceleration, including workshops such as Rapid Cycle Product Innovation that guides companies through the creation of their own custom product introduction process, a NASA Speed Licensing pilot program that enables Colorado companies to access technologies available for licensing from NASA centers, and the Supplier Scouting program, which identifies potential suppliers of hard-to-source parts and assists those companies to win government contracts.