News Summary
Hidden Level, a drone-detecting startup in Syracuse, has rapidly expanded after securing a $100 million funding boost. Founded in 2018, the company has grown its workforce significantly and is exploring new markets while focusing on innovative technologies for drone detection. With support from the New York State government and plans for a new headquarters, Hidden Level aims to enhance safety and security measures using its cutting-edge passive radar systems.
Syracuse Startup Hidden Level Expands with $100 Million Funding
Hidden Level, a drone-detecting startup based in Syracuse, New York, has experienced rapid growth following a significant $100 million funding boost. Founded in 2018, the company specializes in innovative systems capable of detecting hard-to-see aerial drones. This infusion of capital will likely enable further expansion and development of its cutting-edge technology.
Since 2021, Hidden Level has increased its workforce five-fold, rising from approximately 20 employees to 104 as of April 2024. This growth reflects the company’s commitment to enhancing safety and security measures through its technologies, appealing to a broad pool of potential hires.
CEO Jeff Cole noted that around 80% of the workforce is based in Syracuse, with many employees hailing from the local community or having returned to the area. As the company outgrows its current facilities, plans are underway to secure a new headquarters potentially situated near the Syracuse Inner Harbor, which will support the company’s ongoing expansion efforts.
Expansion into New Markets and Facilities
In addition to securing a new headquarters, Hidden Level is exploring opportunities to open multiple locations across the United States and expand into international markets. The company’s operational strategy includes a central location for their new headquarters to facilitate future expansion and the establishment of outdoor testing facilities for its technology.
The growth strategy is further supported by the New York State government, which has approved a $2.5 million grant and up to $2.5 million in tax credits for Hidden Level, contingent upon the creation of new jobs at the potential Inner Harbor site. This incentive aims to bolster the local economy while allowing the company to expand its operations.
Innovative Technology and Business Focus
Hidden Level’s technology centers around passive radar systems that are designed to detect drone operations without emitting electronic signals. This innovation makes the systems effective against “dark drones,” which are often used in conflict zones, such as the ongoing situation in Ukraine. Initially focused on serving local governments and airports, Hidden Level has shifted its attention to military contracts due to increased demand from the U.S. military, allowing for a broader application of its technology.
The company has a well-defined focus on safety and security, making it an attractive option for job seekers and fostering a sense of ownership among employees through stock options as part of their compensation. This approach enhances employee engagement and aligns with the company’s mission to provide cutting-edge solutions in the drone detection sector.
Employee Recruitment and Local Talent Pool
To facilitate its expansion, Hidden Level is actively hiring to fill various open positions across engineering, IT, operations, and more. The company capitalizes on the region’s ecosystem of colleges and universities, which offers a strong talent pool for recruiting skilled professionals. The rapid recruitment cycle is a key part of Hidden Level’s strategy to meet increasing demands in the industry.
Currently, the company operates from a 10,000-square-foot office and a second manufacturing facility located on Collamer Road in DeWitt, which supports its production capabilities. As Hidden Level continues to grow, the emphasis on developing a skilled workforce and leveraging local resources will be critical to sustaining its competitive edge in the evolving drone detection market.
With a clear focus on innovation, security, and community engagement, Hidden Level stands poised to enhance its market position and continue its trajectory of rapid growth in the coming years.
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Additional Resources
- Syracuse.com: Syracuse’s Drone-Detecting Startup Hidden Level
- Syracuse.com: Upstate NY Connects for Workforce Growth
- CNYBJ: Tompkins Community Bank Business Development
- New York Upstate: NY Workforce Connect Conference
- Syracuse.com: Tech Startup Investment in Syracuse
- Wikipedia: Drone Detection
- Google Search: Drone Technology Startups
- Google Scholar: Drone Technology Development
- Encyclopedia Britannica: Drone Technology
- Google News: Drone Detecting Technology
