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Feb 03, 2021

Adranos Expanding Manufacturing Presence in Purdue Research Park

Adranos, a Purdue University-affiliated startup that has developed a high-performance, solid rocket fuel (ALITEC) for long-range missile and space launch systems, announced plans today to construct a new manufacturing facility at Purdue Research Park in West Lafayette.



 

“Indiana is committed to embracing disruptive technology like Adranos’s ALITEC to bolster its economic industries and position the state for long-term global competitiveness and economic growth in the defense sector,” said Retired Major General Omer C. (Clif) Tooley, Indiana Economic Development Corporation (IEDC) president of defense development. "Indiana is ranked No. 1 in the nation in tech job growth among small firms, and as a state, we'll continue supporting innovative companies like Adranos and securing our spot as a top place to grow and innovate."

 




Adranos, based in West Lafayette, will construct its 5,500-square-foot facility at 3701 Yeager Road, where ALITEC will be manufactured to support various launch systems, including hypersonic systems. The company expects to serve a broad customer base, including the major military branches and relevant aerospace and defense contractors. The facility will also support ongoing efforts that Adranos is currently performing through its rocket motor research and development division.


The IEDC offered Adranos up to $525,000 in conditional tax credits and up to $200,000 in conditional training grants based on the company’s job creation plans. The IEDC also offered up to $500,000 in conditional tax credits from the Hoosier Business Investment (HBI) tax credit program based on the company’s planned capital investment in Indiana. These tax credits are performance-based, meaning the company is eligible to claim incentives once Hoosiers are hired and investments are made.