Today, WTC San Diego and Congressman Scott Peters visited current MetroConnect company LRAD Corporation to tour its new, expanded facility in Rancho Bernardo. The new space will support LRAD as it doubles its workforce and fulfills an $11 million U.S. Army order for acoustic hailing devices – its largest contract on record.
Another example of an #SDlifechanging company: LRAD creates long range acoustic hailing devices, mass notification, and messaging systems that enable users to clearly communicate warnings and instructions, resolve uncertain situations, and enhance safety.
And LRAD is taking its life-saving technology global. After a competitive process, WTC San Diego recently announced that LRAD is one of 20 local companies participating in our export accelerator program, MetroConnect. Over the next year, WTC will work closely with LRAD to help the company increase its export potential in European markets.
The company has seen extensive growth over the last decade, with a presence in 72 countries. This is a testament to the impact of LRAD’s mass notification technology – which is not only applicable to defense, law enforcement and public safety, homeland and border security agencies, but also helps with critical infrastructure protection, fire rescue, and much more all around the world.
Despite national rhetoric, data shows companies that are global pay higher wages, increase productivity in the domestic market, are less likely to go out of business, and spur more efficient R&D here at home. And now more than ever, it's important that we step up to support local companies in sharing their life-changing innovation with the rest of the world.
Congratulations to LRAD, not just on its growth here at home, but its success abroad. Here's to more to come.