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PicoGrid opens El Segundo facility, says it will expand staff and production for Defense customers
Summary
PicoGrid, a defense-technology company, opened a new high-tech facility in El Segundo City and said it plans to grow from about 30 employees to as many as 120 and more than triple production to serve Department of Defense customers.
PicoGrid, a defense-technology company, opened a new high-tech facility in El Segundo City and said it plans to expand its workforce from about 30 employees to as many as 120 and to more than triple production capacity to support Department of Defense work.
The move is being presented as an economic win for El Segundo. A city representative said the company’s growth is part of broader regional activity, telling attendees that the region has seen about $22,000,000,000 in “excess economic activity” tied to similar firms.
At the event, a PicoGrid…
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