Hyperion graduating from IDEAs, expanding
by MBJ Staff
Published: November 9,2011
Tags: busines incubators, defense, expansion, manufacturing, military, plant, small businesses, state government
TUPELO — Hyperion Technology Group Inc. is graduating from the Renasant Center for IDEAs, the Tupelo/Lee County business incubator, and will expand into the former Ad Lab facility in Tupelo.
The project represents a $750,000 company investment and will create 10 new jobs.
To support the expansion project, the Mississippi Development Authority (MDA) provided Hyperion assistance through the Momentum Mississippi incentives program for infrastructure improvements at the company’s new facility.
Hyperion provides multi-disciplined engineering and custom manufacturing solutions to its clients. The employee-owned company houses a full staff of mechanical, electrical and software design engineers with over a century of combined experience in technology development for a variety of customers including the U.S. military, tier-one and tier-two manufacturing customers, government research organizations and academia. The group’s designs have been implemented on systems for the U.S. Army, the U.S. Special Forces Command, the U.S. Navy, Los Alamos National Laboratory, TRW Automotive and TSTech – a wholly-owned subsidiary of Honda Motor Corp., and some of its more popular work can be seen on the Discovery Channel’s show “Storm Chasers.”
Hyperion has also entered into a license agreement with the National Center for Physical Acoustics at the University of Mississippi to manufacture and sell sensors that have research and military applications worldwide.
To sign up for Mississippi Business Daily Updates, click here.
Top Posts & Pages
- Stabenow, Cochran brace for full Senate vote on Farm Bill
- Counties ‘hoping to get it right’ as they await Tuscaloosa Marine shale boom
- District at Eastover construction to start later this year
- Ex-Northwest Rankin coach David Coates dies before drug trial
- Fervor grows for Tuscaloosa Marine Shale
- PSC’s Mississippi Power probe continues as regulators mull next move
- Keeping Our Eye On Nathan McNeill
- OUR VIEW: USM makes right call by calling off tornado relief campaign
- Forward-thinking power companies transform “disruptions” into opportunities

![[RSS Feed]](http://i2.wp.com/msbusiness.com/wp-content/plugins/tdc-sociable-toolbar/rssfeed.png)
![[del.icio.us]](http://i0.wp.com/msbusiness.com/wp-content/plugins/tdc-sociable-toolbar/delicious.png)
POST A COMMENT