In 2012, the National Institute of Aerospace (NIA) and the Peninsula Technology Incubator (PTI) teamed up to create a program dedicated to the economic development in the City of Hampton, Virginia and the Virginia Peninsula, because they strongly believed that entrepreneurship can and should play a more significant role in job creation and retention of the best and brightest graduates from regional universities.
As part of the continuing evolution of PTI, NIA has re-established its incubator program as the REaKTOR Technology Innovation Center. REaKTOR fosters an environment designed to motivate member companies to effectively and efficiently move through the incubator process by providing business training, counseling and industry connections, and technology transfer resources and information. The result is an energetic technology innovation center leading the convergence of regional entrepreneurial leaders and leveraging the burgeoning unmanned systems industry.
Our mission at the REaKTOR Technology Innovation Center is to implement an internationally recognized business pre-acceleration and acceleration program to commercialize scientific and technical research, with a particular emphasis on aerospace and unmanned aerial vehicles (UAVs). As we promote the National Institute of Aerospace and Science Center as the epicenter for new and expanding aerospace/UAS research and technology companies, RTIC cultivates a culture and environment full of energy and outcome-centric goals intended to inspire and motivate its members.
At the REaKTOR Technology Innovation Center, we not only strive to be the forerunner in the development, implementation, and business of technology commercialization for the future of Hampton Roads, but also to be recognized as an innovation leader in the Commonwealth and international communities. Our entrepreneur-based programs, events, and services were created to ensure the long-term success of technology companies in Virginia.