Numerica Corp. makes new hires, plans more

LOVELAND – Numerica Corp. hired four new employees at its Loveland headquarters and plans to hire as many as 11 additional scientists.

The four new hires consist of a research scientist, two part-time office managers and administrative assistants and a paid accounting intern.

“Talented people have always driven Numerica’s growth,” Numerica President and CEO Jeff Poore said in a statement issued by the company. “I’m confident the addition of these remarkable individuals to our team will fuel the continued success of our company.”

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Established in 1996, Numerica develops advanced algorithms and software for the defense industry and U.S. government. The company has worked for NASA on space mission design and for the U.S. Air Force to reduce deaths and injuries due to friendly fire.

Numerica reported 2011 revenue of almost $9.2 million. Since 2002, the company has received 75 Small Business Innovation Research contracts valued at $29 million, Marketing Manager Becky Jensen said. Many of the contracts involved work for the Department of Defense while others were for NASA.

The company’s 11 job openings include the positions of research scientist, software architect and computational scientist. The company also maintains an office in Pasadena, Calif., but most of its nearly 50 employees work in Loveland.

For every high-paying job created by Numerica, another 1.6 additional jobs are created, according to the Northern Colorado Economic Development Corp.