KNOXVILLE, Tennessee – Statheros is honored to announce that we have been selected as a Top 5 finalist for the 2024 PYA Ballard Innovation Award. Read the official announcement here: https://www.teknovation.biz/meet-the-five-companies-selected-to-pitch-at-the-ballard-innovation-award/.
The Ballard Innovation Award competition is open to any early-stage company in the East Tennessee area that has established a “proof of concept” with accompanying revenue. Applicants must present a business plan to optimize existing business operations by reducing costs, increasing revenues, and/or gaining new efficiencies while demonstrating clear innovations to improve the business and empower the consumer.
The award is named in honor of Tom Ballard, PYA’s Chief Alliance Officer and well-respected member of the East Tennessee entrepreneurial community. The East Tennessee native spent more than four decades building relationships for the University of Tennessee and Oak Ridge National Laboratory throughout the region, state, and nation before joining PYA in 2012. During both careers, Ballard led initiatives to build multi-organizational alliances focusing on statewide telecommunications networking, automotive research, and land use planning. Ballard is also Editor and Publisher of Teknovation.biz, a daily electronic newsletter focused on technology, innovation, and entrepreneurship.
“It is a tremendous honor to be selected as a Top 5 finalist for the 2024 PYA Ballard Innovation Award,” said Mr. David Murray, President of Statheros. “East Tennessee continues to be a hotbed for technology and innovation. The 4 other finalists are developing some truly incredible technology, and we are thankful to be considered alongside such heavy hitters. We are incredibly thankful to PYA and their commitment to supporting and accelerating startups in East Tennessee.”
About Statheros
Founded in January 2021 and headquartered in scenic Knoxville, Tennessee, Statheros is a laser-focused group of ardent technologists driven by unceasing curiosity and a desire to strengthen the security of our country. Statheros specializes in designing and developing highly performant, secure RF systems and software for US DoD EMSO mission and test systems. As relentless innovators, our solutions employ the latest technologies to establish immediate and sustaining asymmetric advantages in the Electromagnetic Operating Environment. Our core values of integrity, diligence, and innovation are woven throughout our transparent and collaborative approach to solving difficult problems tailored to resolve the emerging and critical technology needs of our clients. To learn more or join our team, please visit https://www.statheros.tech.