Business course

Drexel and Lockheed Martin to open tech incubator and expand job training opportunities







The Technology and Innovation Incubator is set to open at the Creese Student Center.


Drexel University and Lockheed Martin will expand their longstanding partnership with the launch of a new cooperative STEM careers program and the fall opening of an on-campus technology and innovation incubator. This facility will serve as a hub for Drexel faculty and students to engage, collaborate and innovate alongside Lockheed Martin employees.

As the technology incubator evolves, it will provide experiential learning and research opportunities for Drexel students, as well as development and training opportunities for Lockheed Martin employees.

“These initiatives will strengthen our strong partnership and provide our students and faculty with additional opportunities to collaborate alongside Lockheed Martin employees on projects that will further diversify our student experience while positively impacting the surrounding community,” said Anna Koulas, vice president of the Drexel Solutions Institute. “As industry and academic institutions prepare for an ever-changing workforce, continuing to build and grow mutually beneficial relationships with industry partners will be extremely valuable to our students and faculty, as well as for our business partners.”

To provide additional learning opportunities, Drexel students accepted into a new program can participate in three cooperative engineering and computer science rotations that will better equip them to pursue their career goals after graduation. This program will follow the model of early career leadership development programs at Lockheed Martin which provide exposure to multiple roles in the business, expand technical knowledge, and provide leadership training and networking opportunities.

In addition to creating the technology incubator, Drexel will expand its current tuition reduction program to make it available to Lockheed Martin employees interested in professional development and upskilling opportunities.

“The demand for a highly skilled workforce is growing every day. We seek to foster lasting community partnerships in the Philadelphia and southern New Jersey area that will provide opportunities for advanced STEM education and training,” said Jon Rambeau, vice president and general manager of Lockheed Martin. “As a Drexel graduate myself, I’m especially proud that this partnership will support the growth of the next generation of diverse talent, while providing an enriching student experience.”

As the two organizations work toward a common goal of preparing tomorrow’s workforce for technical innovation, Lockheed Martin and Drexel professors will explore areas of collaboration in materials science, systems advanced communications and 3D modeling. These areas are important to the future development and production of several Lockheed Martin mission portfolios in the Delaware Valley, including the Aegis Combat System, Long Range Discrimination Radar and SPY-7 Radar.

Lockheed Martin is committed to advancing STEM education and offers ROD and professional scholarship programs. These programs create a competitive and diverse workforce that can have a huge impact on cyber, manufacturing, and other career paths. The expanded partnership will also aim to develop diverse local talent pools and create STEM education programs in underserved communities in Philadelphia.

Drexel is a comprehensive urban university with more than 23,000 students and one of Philadelphia’s largest private employers. Drexel is a leader in technology-driven experiential education, enriched by the nation’s first cooperative education program. The University’s renowned excellence in translational research is supported by the Coulter Foundation through the Coulter-Drexel Translational Research Partnership and by nearly $130 million in sponsored research grants last year.

Drexel is rethinking its institutional boundaries and creating a vibrant presence and ecosystem of innovation in and around college town while meeting the university’s public purpose as an anchor institution for Philadelphia. This ecosystem will ultimately benefit students through cooperatives and career opportunities, benefit faculty through collaborative research and training, and benefit the surrounding community through the creation of a pipeline to employment.

The Drexel Solutions Institute provides business solutions to the University’s business and nonprofit partners, including world-class talent pipelines, custom training and development programs, and research-based interdisciplinary solutions that build on the University’s R1 research capabilities. For more information, visit www.drexel.edu.

Headquartered in Bethesda, Maryland, Lockheed Martin (NYSE: LMT) is a global security and aerospace company that employs approximately 114,000 people worldwide and is primarily engaged in the research, design, development, manufacturing, l integration and maintenance of systems, products and services. To follow @LMNews on Twitter for the latest announcements and company news.