New Name, First Contract For Defense Tech Institute

Posted: Updated:
IN3, formerly API, involves major defense, govermental, economic development and academic stakeholders from throughout the state. IN3, formerly API, involves major defense, govermental, economic development and academic stakeholders from throughout the state.

Indiana Innovation Institute, formerly known as the Applied Research Institute, is kicking off a rebranding with the announcement of its first contract. The $2.3 million trusted microelectronics collaboration with Purdue University also includes researchers and personnel from the Crane Naval Surface Warfare Center, Indiana University and the University of Notre Dame. The work involves rapid development of counterfeit-resistant technology that is immune to global attacks for the U.S. Department of Defense and industry stakeholders.

In an interview with Inside INdiana Business, IN3 Chief Executive Officer Gene Renuart says the new brand puts the state at the forefront and keys on the three words in the new name. "We wanted to describe that this was an entity that was really focused on not only the research, but producing then, something from that that had real value either to the defense world or to industry or to individual consumers," he said.

He adds it "demonstrates the state’s ability to bring together an all-star group of leaders, top researchers and talent in government, industry and academia, along with a streamlined approach to drive applied research in a new direction. Our resources and partnerships allow us to work on projects that push the pace of innovation to achieve faster solutions that impact people’s lives. In addition, the opportunities for regional economic development offer great promise to benefit the I-69 corridor and Indiana as a whole."

IN3 says trusted microelectronics are integrated into "virtually all military products" -- a $189 billion commercial industry. The institute was launched following a $16.3 million investment from the Indianapolis-based Lilly Endowment Inc. as part of a $42 million effort to boost economic development activity in southwest central Indiana. Last year, the burgeoning institute detailed a two-year, $3.5 million focus on microelectronics. Renuart tells Inside INdiana Business he sees opportunities in technologies like electro-optics, hypersonics and sensor and data fusion. "Our role is to really look for those competitive opportunities that can bring Indiana's strengths to bear, coordinate amongst the partners to create a coalition, if you will, that is hard to replicate anywhere else," he said "and then go out and make the case that Indiana is a great place to bring that because of it's capacity in follow-on activities after the research is done, after the prototyping is done to be able to incubate businesses that will be good for the state, as well."

Purdue President Mitch Daniels, who is part of the IN3 board says "there is an obvious need in this country for more security in our electronics, especially those used in our national defense. Purdue is a global leader in nanoscale modeling, microelectronics fabrication, and cybersecurity. When we combine our strengths with those of our capable partners at Indiana University, Notre Dame, and Naval Surface Warfare Center, Crane Division, I have no doubt that we will soon come up with innovative solutions to this problem."

The nonprofit institute is set up to bring top stakeholders from government, military, industry and academia together with NSWC Crane. You can connect to more about IN3 by clicking here. The main IN3 office is in Indianapolis, but the organization has a presence at the WestGate Academy Conferencing and Training Center in Odon and on the Purdue and IU campuses in West Lafayette and Bloomington.

In an interview with Inside INdiana Business, IN3 Chief Executive Officer Gene Renuart says the new brand puts the state at the forefront.
  • Perspectives

    • Market Volatility - Fodder for Financial Fears

      Fact: The value of the stock market goes up and down.  It’s called “market volatility”.  How concerned should you be with a thousand point change in the index? Since your reaction can impact your personal portfolio, it’s most important that you have a good perspective. Significant price movements in the stock market grabbed headlines and captivated media pundits throughout 2018. The last week of the year the market experienced large price swings...



Company Name:
Confirm Email:
INside Edge
Morning Briefing
BigWigs & New Gigs
Life Sciences Indiana
Indiana Connections


  • Most Popular Stories

    • Indiana Liquor Group to Buy Save-On Liquor Chain

      Indiana Liquor Group LLC will work with the Indiana Alcohol & Tobacco Commission this week for final approval of its purchase of Save-On Liquor stores. Our partners at The Herald Bulletin report Phillip E. Miller agreed to sell the 31-location package store chain to ILG last month. 

    • Books & Brews Acquires Flat12 Bierwerks

      Indianapolis-based Books & Brews has announced its acquisition of Flat12 Bierwerks, also based in Indy. Financial terms of the deal are not being disclosed, however Books & Brews says it will continue to operate Flat12 under the same brand name. The acquisition is a continuation of an existing partnership between the two entities. Books & Brews says Flat12 has been a brewery partner for the past two years, brewing all of B&B's flagship and seasonal beers.

    • New Tourism Director Has Plans For Growth

      The new director of the Indiana Office of Tourism Development says she hopes to create a strategic plan to continue the growth of tourism in the state. Misty Weisensteiner began her new role earlier this month after being appointed by Lieutenant Governor Suzanne Crouch in December. The former executive director of the Orange County Economic Development Partnership says tourism and economic development go hand-in-hand and there needs to be a greater focus on that relationship.

    • Loeb Stadium Project in Final Design Phase

      The $17 million overhaul of Loeb Stadium in Lafayette is in its final planning stages. The Journal & Courier says the overall design of the project is complete, which includes flipping the field, an additional suite and a new entrance designed to be a more visible landmark. Lafayette Mayor Tony Roswarski unveiled plans for the reimagining of the more than 75-year-old stadium in 2017. The city council earlier this month approved a $17 million bond to fund the project.

    • BMWC Constructors Announce Leadership Changes

      Indianapolis-based BMWC Constructors, Inc. continues their strategic growth with leadership changes. Chairman of the Board Jim Davis retired after eight years in the role and after 30 years with the company.  President and Chief Executive Officer Brian Acton will move into the role of Chairman of the Board, while remaining CEO.