The company has spent over $30 million over the past four years in building its research & development operations in Florida. This new $2 million investment in additional space for Innovation Center—Orlando and $5 million in CAPX for state-of-the-art equipment will enhance the facility’s machine shop and technical application area, including its additive manufacturing capabilities and use of robotics to inspect and repair components for equipment like turbines capable of running on hydrogen. The investment will also expand the Center’s space dedicated to co-creation and include a TED Talk theater. The growth of the Center will allow for more strategic partnerships with small business, universities, and new ventures as resources to support innovation are consolidated in one location.
Rich Voorberg, president, North America for Siemens Energy said “Innovation Center—Orlando represents a new model for driving transformational innovation across the energy industry. When it comes to the energy transition, we know that time is of the essence, but also that we can’t do it alone. What the Center provides is the space and the mentality for collaboration to thrive. With an ability to operate like a start-up and shift priorities quickly the Innovation Center enables us to reduce the time it takes to test new concepts from six months to six weeks.”
