Connecticut Center for Advanced Technology (CCAT) Company Profile

Background

The Connecticut Center for Advanced Technology (CCAT), established in 2004 and headquartered in East Hartford, Connecticut, is a nonprofit organization dedicated to advancing applied technologies, fostering workforce development, and inspiring transformative change. CCAT collaborates with global industrial companies and the manufacturing supply chain across various sectors to drive technological advancements and efficiencies.

Key Strategic Focus

CCAT's strategic initiatives encompass:

Technology Adoption: Assisting companies in integrating leading-edge technologies to enhance productivity and innovation.

Workforce Development: Offering training programs to upskill employees, ensuring a resilient and agile workforce.

Industry Collaboration: Partnering with federal programs and commercial entities to shape the future of manufacturing and talent development.

Financials and Funding

In the fiscal year ending December 2023, CCAT reported:

Revenue: $18,320,884

Expenses: $16,828,780

Net Income: $1,492,104

Net Assets: $6,121,701

Notably, 88.7% of the revenue was derived from contributions, with program services accounting for 10.2%.

Technological Platform and Innovation

CCAT's technological initiatives include:

Advanced Design and Automation: Implementing digital twin and digital thread solutions, adaptive automation, and extended reality technologies.

Additive Manufacturing: Utilizing directed energy deposition, wire arc additive manufacturing, and hybrid machining techniques.

Advanced Composites: Employing automated fiber placement, complex 3D layups, and in-process inspection methods.

Leadership Team

Ron Angelo: President & CEO

John A. Glidden: Chief Financial Officer/Secretary

Dr. Jacquelynn K. Garofano: Chief Technology Officer

Dr. Amy Thompson: Chief Talent & Training Officer

Sonja Randall: Chief Operating Officer

Competitor Profile

Market Insights and Dynamics

The advanced technology and manufacturing sector is characterized by rapid innovation, with a focus on digital transformation, automation, and workforce upskilling. Organizations like CCAT play a pivotal role in bridging the gap between emerging technologies and industry adoption.

Competitor Analysis

Key competitors include:

The Technology Collaborative: Focuses on fostering technology-based economic development.

Kansas City SmartPort: Specializes in logistics and supply chain solutions.

Center for Economic Growth: Provides economic development services to businesses in various sectors.

Strategic Collaborations and Partnerships

CCAT has established significant partnerships to enhance its capabilities:

TRAK Machine Tools: Collaborated to develop an Autonomous Manufacturing Cell, integrating advanced machining centers with digital controls and real-time data processing.

Stanley Black & Decker: Received a Makers Grant to expand the MAKER Multipliers movement, aiming to engage the next generation of manufacturing talent.

Operational Insights

CCAT's operational strategy focuses on:

Industry Alignment: Employing methodologies to identify and implement validated solutions that maximize productivity and innovation.

Applied R&D: Utilizing the Advanced Technology Center as a hub for research and industry collaboration, promoting the adoption of digital threads, adaptive automation, and additive technologies.

Strategic Opportunities and Future Directions

CCAT is poised to:

Expand Training Programs: Through the Talent & Training Accelerator and Digital Thread Lab, CCAT aims to enhance digital manufacturing skills within the defense industry supply base.

Strengthen Industry Partnerships: By collaborating with technology providers and federal programs, CCAT seeks to drive innovation and maintain a competitive edge in the manufacturing sector.