This partnership will deliver technology that uses a collaborative rapid prototyping approach to create adaptable, ultra-secure, connected devices. This is a critical step in addressing security concerns and decreasing time-to-market for such devices, which is essential as adversaries’ technologies swiftly adapt to challenge the nation’s security architecture, the company said.

In their first joint effort, Riverside Research and Plexus developed the Aegis R52L Enhanced Retransmission Device, designed to secure end-user devices. Together, they moved from the initial concept to identifying requirements, developing prototypes and planning for full-scale manufacturing in under nine months. This pace sets a new standard for bringing these commercially viable technologies to market.

“Partnering with Riverside Research aligns with our vision to help create the products that build a better world by enabling the rapid deployment of secure, cutting-edge technologies that protect freedom, people and the dedicated soldiers who serve our nation,” said Jim Stokes, Plexus market sector vice president, aerospace/defense. “We are committed to accelerating their time-to-market through our integrated engineering and manufacturing solutions.”

“Too often, industry has been forced to navigate the complex ecosystem of defense contracts to fulfill the entirety of the product development process,” said Carl Nerup, vice president, business development, at Riverside Research. “With Riverside Research and Plexus aligned, the marketplace now has an innovation engine. Together, we’re combining our companies’ world-class problem-solving abilities to guide customers smoothly from concept to product.”

Source: Riverside Research

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As part of Plexus’ succession planning process, Plexus’ executive vice president and chief operating officer, Todd Kelsey, will become president and chief executive officer on October 2, 2016.  In order to ensure a smooth transition, Foate will continue with Plexus as an executive chairman until September 30, 2017, at which time the Board intends to appoint him non-executive chairman of the Board.

Dean Foate, chairman, president and CEO, commented, “I am fortunate to work with the best management team in the industry.  Their passion for executing our differentiated strategy, in conjunction with our employees’ dedication to delivering customer service excellence, has made Plexus a leader in our industry.”  Foate continued, “Todd is a seasoned leader that knows our industry well and has amassed a comprehensive knowledge of Plexus while cultivating strong relationships with our customers.  He has been instrumental in developing and driving key strategic initiatives and I am confident in his ability to deliver industry-leading results.”

Todd Kelsey joined Plexus in 1994 as a design engineer and was named vice president of Plexus’ Neenah Design Center in 2002, senior vice president of Plexus Engineering Solutions in 2006, senior vice president global customer services in 2007 and executive vice president global customer services in 2011.  He was promoted to his current position of executive vice president and chief operating officer in 2013.  Kelsey holds bachelor’s and master’s degrees in electrical engineering from the University of Wisconsin-Madison and a master’s degree in business administration from the University of Wisconsin-Oshkosh.

Source: Plexus Corp.

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