MARCY — If the year ends the way it started for Quanterion Solutions, Inc., 2014 will be a banner year for the nearly 15-year-old company. The business began the year by landing several new contracts and projects that have already boosted employment at the company, says Preston MacDiarmid, president of Quanterion Solutions. The full pipeline […]
Get Instant Access to This Article
Become a Central New York Business Journal subscriber and get immediate access to all of our subscriber-only content and much more.
- Critical Central New York business news and analysis updated daily.
- Immediate access to all subscriber-only content on our website.
- Get a year's worth of the Print Edition of The Central New York Business Journal.
- Special Feature Publications such as the Book of Lists and Revitalize Greater Binghamton, Mohawk Valley, and Syracuse Magazines
Click here to purchase a paywall bypass link for this article.
MARCY — If the year ends the way it started for Quanterion Solutions, Inc., 2014 will be a banner year for the nearly 15-year-old company.
The business began the year by landing several new contracts and projects that have already boosted employment at the company, says Preston MacDiarmid, president of Quanterion Solutions.
The full pipeline of contracts and projects is testament to the company’s successful partnership with the areas of government with which it works, he says.
“I think we’re a model of how that’s done,” MacDiarmid says. Founded in 2000, the company has been steadily increasing its workload since its inception as it continues to successfully handle contracts.
Quanterion serves the defense, commercial, health care, energy, and homeland-defense markets.
In January, Quanterion learned it would be part of a new Department of Defense (DoD) Center of Excellence, the Defense Systems Information Analysis Center (DSIAC) under an Air Force contract that consolidates six legacy DoD centers with expertise in different critical technologies. Quanterion, which provides quantitative engineering services for critical decision making, is leading the center’s activities in reliability/quality and materials/manufacturing/testing as well as many software-related activities.
The company was also awarded a U.S. Navy Phase I Small Business Innovative Research (SBIR) contract in January to develop its Automated Software Solution for Extraction and Transformation System Simplification (ASSETS2) concept. This project will provide a means to construct and populate a user-definable database that can be tailored to extract data/information from a number of sources, automatically detect and repair anomalies, and transform it to conduct a wide variety to analysis tasks.
Quanterion was awarded two DoD Multiple Award Contracts (MACs), the Homeland Defense Technical Area Tasks (HD TATs) and the Defense Systems Technical Area Tasks (DS TATs). Work addresses homeland defense and security, critical infrastructure protection, biometrics, medical, cultural studies, alternative energy, reliability, quality, maintainability, materials, and manufacturing.
In July, the Air Force exercised a two-year option period for Quanterion’s prime contract to operate the DoD Cyber Security and Information Systems Information Analysis Center (CSIAC) addressing cyber security, software engineering, modeling and simulation, and knowledge management. Under this contract, Quanterion will leverage its partnership in the Northeast UAS Airspace Integration Research Alliance (NUAIR) in demonstrating the feasibility of extending its “AgentFly” autonomous airspace control system to real-world, over-the-air multiple platform airspace sense-and-avoid deconfliction. This technology will be demonstrated at Air Force Research Laboratory facilities including its Stockbridge Controllable Contested Environment facility.
“High expectations”
While he was not able to disclose specific details, MacDiarmid says he has high expectations for the rest of 2014. To date, revenue is up between 16 and 20 percent and could increase even more if the company lands more contracts. He declined to disclose revenue totals.
To help boost revenue for the future, MacDiarmid says he hopes to increase the company’s business with commercial customers across the state with its IT, cyber security, and asset management services.
Employment has increased at Quanterion as well, he says. “We’ve added seven employees so far this year, and we have seven openings right now,” MacDiarmid says. Quanterion now employs 42 people.
Quanterion (www.quanterion.com) currently operates from 5,500 square feet in Kunsela Hall at the SUNY PI (SUNY Polytechnic Institute) campus in Marcy and also leases 1,500 square feet in the Griffiss Institute in Rome. The company also has five employees on location at the Air Force Research Laboratory in Rome. Its technical capabilities include reliability, maintainability, quality, and knowledge management; software development and engineering; materials engineering, information technology; and document-management services.
Contact The Business Journal at news@cnybj.com