WATCH: Announcement on major development set to create hundreds of jobs in Southern Colorado

COLORADO SPRINGS, Colo. (KKTV) - On Friday, the Colorado Springs Chamber & Economic Development Corporation, along with the City of Colorado Springs and El Paso County, announced that Zivaro, an information technology company that specializes in serving government and national defense partners, has selected Colorado Springs as the site for their company expansion.

WATCH at the top of this article.

According to a press release, the company’s new business unit will focus on modernizing legacy systems that serve Space and Command Control Programs operated by and on behalf of the U.S. Government.

Zivaro’s expansion in Colorado Springs is set to bring 304 jobs at an average annual wage of $165,076 to the area, according the the company’s press release. The majority of the positions will be technical engineering roles, but the company also plans to hire a small number of support roles that would be able to work remotely.

“As the aerospace industry in Colorado continues to boom, we are thrilled cutting-edge companies like Zivaro have chosen to expand here, creating more than 300 new jobs,” said Governor Jared Polis. “I look forward to Zivaro’s future growth here and to all that is on the horizon in Colorado’s aerospace industry.”

The press release goes on to mention that 50% of the nation’s Space Force is based in Colorado, and many of the nation’s leading aerospace companies are headquartered in the state and in Colorado Springs.

“Zivaro is a mission-centered company, and we firmly believe in the U.S. government’s vision to modernize the technology and code that supports today’s missions protecting our country,” said Greg Byles, Zivaro’s CEO and Co-Founder. “In our view, there is no better place to support these mission domains and capture some of the nation’s top talent than Colorado Springs.”

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