Innovate
Our Mission
Our mission is to create a diverse economic ecosystem where research, innovation, creativity, and entrepreneurialism collaborate; where innovative developments in the fields of advanced manufacturing, biotechnology, life science and space development are fostered through a concentrated effort.
Novaparke is where innovation begins.
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Our Tenants
Redwire Becomes Anchor Tenant for Novaparke
The global space infrastructure leader will build a state-of-the-art microgravity payload development and space operations facility at Novaparke.
Redwire Corporation (NYSE: RDW), a leader in space infrastructure for the next generation space economy, plans to open a new state-of-the-art microgravity payload development facility with a mission operations center at Novaparke, as the company looks to increase production of critical technologies enabling human spaceflight missions and commercial microgravity research and development in low Earth orbit (LEO).
The new 30,000 sq. ft, facility will support increased demand from commercial companies and academic researchers focused on improving pharmaceutical drug development, optimizing disease treatments, and enabling technologies essential for sustainable human spaceflight in LEO and beyond. Construction is expected to begin in the fourth quarter of 2023.
Redwire is a global leader in mission critical space solutions and high reliability components for the next generation space economy, with valuable intellectual property for solar power generation, in-space 3D printing and manufacturing, avionics, critical components, sensors, digital engineering and space-based biotechnology. The company combines decades of flight heritage with an agile and innovative culture. Their “Heritage plus Innovation” strategy enables them to combine proven performance with new, innovative capabilities to provide their customers with the building blocks for the present and future of space infrastructure.
“We are building capacity as we pioneer consequential in-space manufacturing and microgravity research capabilities, such as bioprinting, in Low Earth Orbit (LEO), with life-saving benefits on and off our home planet,” said John Vellinger, Redwire Executive Vice President. “As we leverage strategic investments to scale in-space manufacturing in LEO, it will directly impact the sustainability of future human spaceflight and deliver optimized products for Earth-based industries. The new facility will help accelerate the development of our growing portfolio of new microgravity research technologies, such as biomedical research payloads, as we continue to serve our research and deep space exploration customers.”
“Redwire’s continued investment in Indiana is a testament to our shared commitment to building a robust economy of the future,” said David Watkins, senior vice president of small business and entrepreneurship at the Indiana Economic Development Corporation (IEDC). “These new high-wage, high-skill careers will provide greater opportunities for residents of Floyd County and help further position Indiana as a leader in innovation.”
“Redwire is exactly the kind of world-class, innovative company we had in mind when the vision for Novaparke was first conceived,” said Bob Woosley, President of the Floyd County Redevelopment Commission. “We look forward to seeing what new breakthrough technologies will be developed here for the benefit of all and are excited for the outstanding career opportunities this presents for the next generation of scientists, engineers and professionals here in Floyd County.”
Our Partners
Floyd County Redevelopment Commission and Floyd County Board of Commissioners are extremely excited to announce our community partners. Indiana University Southeast and The Root play a vital collaborative effort in the development of the WhistleStop Entrepreneurial Complex.
Indiana University Southeast is a premier university in our region. As a community partner with Novaparke Innovation and Technology Campus, IU Southeast has agreed to provide faculty and staff services to assist local entrepreneurs in their efforts to develop and grow. Through its award-winning School of Business, the university will have a presence on campus and will provide one-on-one sessions with local entrepreneurs, business seminars and training sessions. Additionally, the faculty will be available through our business accelerator program to assist selected firms in the development and growth of their business.
The campus will also house wet and dry laboratory space which will be available to IU Southeast Natural Science Department faculty, staff and the public. We anticipate additional opportunities and partnerships with various IU Southeast department’s as Novaparke develops and grows.
Novaparke partners with The Root to manage office and co-working spaces.
The Whistlestop (Building 1) at Novaparke offers four private offices as well as a co-working space, while the Conference Center (Building 2) offers two large co-working spaces and event space. (Additional spaces may become available as buildings are developed.)
These spaces will be managed by The Root, a co-working space located at 110 East Market in the heart of downtown New Albany designed to be a hub of new ideas and innovation, business and creative activity, and resources for business to flourish.
Solo entrepreneurs and others looking for a work space will be able to work with The Root to rent a private office or become a member and enjoy the advantages of flexible shared work spaces. The Root will extend its benefits to users at either location, meaning that someone who primarily uses the co-working space in New Albany will also have access to the new spaces at Novaparke in Edwardsville, and vice versa.
“As the project progresses and tenants find their place in Novaparke, the people who utilize our co-working spaces will find themselves in close proximity to companies in leading edge sectors like aerospace, biotechnology, software development and more,” noted Don Lopp, who oversees development of the 60-acre innovation and technology campus. “They’ll also have access to high-speed internet and a planned 5,000 sq. ft. wet/dry laboratory space.”
“It’s a wonderful place to work, create and connect,” agrees Brigid Morrissey of The Root. “It blends an amazing greenspace and a planned adjacent regional park with miles of walking trails with the technology and amenities you need to be productive and stay connected. IU Southeast will have a presence and there are lots of regular events being planned. We couldn’t be more excited to be part of this amazing space.”
Those interested can contact The Root now to take a tour, reserve space or begin a membership at TheRootWorkspace@gmail.com or (812) 725-3724.
The Redevelopment Commission is continually reaching and discussing with community organizations opportunities to be part of the Novaparke experience. If you are, or know of, a potential group that may be interested in a collaborative environment and promoting entrepreneurism, please reach out to us.