SYPAQ Systems will expand its Victorian operations in a new facility and establish a Defence Autonomy Centre of Excellence in Fishermans Bend, Melbourne, creating 280 new high-skilled jobs in the state over five years.
The SYPAQ Centre of Excellence will develop innovative technologies and intellectual property related to autonomous systems and cyber security.
Minister for Industry Support and Recovery Martin Pakula said the move will see SYPAQ joins global firms including Boeing, Leonardo and Siemens in calling Fishermans Bend home.
“Global companies are choosing Victoria as the place to innovate and take the next big step in their journey,” the Minister said.
“The growing concentration of advanced manufacturing business and high-skilled jobs in Fishermans Bend will build its own momentum as the old GMH site is transformed into a global hub of manufacturing and design.”
SYPAQ Systems managing director David Vicino added:
“We are excited about our prospects in Victoria and our ability to grow valuable jobs for Victorian workers – the opportunities available in Fishermans Bend will allow us to foster collaboration with other innovative companies and academia.”
Established in Melbourne nearly 30 years ago, SYPAQ is a leading engineering company specialising in defence, national security and information technology.
One of the company’s flagship products is a mini drone with a video and radio capacity that can be used for purposes including natural disaster response and monitoring of event crowds.