California high-tech company plans move to Fishers

Example of a PerceptIn vehicle

Fishers Mayor Scott Fadness has made it clear that he has been focused on attracting high-tech firms to Fishers, and the city announced Thursday that PerceptIn, a company currently located in Santa Clara, California, is moving its headquarters to Fishers.  The firm plans to launch an autonomous vehicle pilot program and create up to 50 new well-paying jobs by 2022. PerceptIn will establish its headquarters at the Indiana IoT Lab located in  Fishers in preparation for the launch of its pilot program in early 2020.

Perceptin and the City of Fishers jointly announced the move Thursday morning.

”When we launched the Indiana IoT Lab in 2017, a company like PerceptIn is exactly who we had in mind to propel our city even further as a leading city for tech,” said Fishers Mayor Scott Fadness. “Fishers is a city made for entrepreneurs, and today we are happy to support the future of transportation technology through this pilot program and in support of our newest Fishers company, PerceptIn.”

A pilot program is planned to establish a transportation between Launch Fishers. IOT Lab area and downtown Fishers.  The service will be available 10:30am–2:30pm daily,  supporting short trips to restaurants and meetings in the downtown area. Routes are will expand pending results of the pilot program.

“We’re extremely excited to relocate our headquarters to Indiana,” said Shaoshan Liu, chief executive officer of PerceptIn. “Indiana’s commitment to growing and enhancing its technology sector, along with its business-friendly environment and collaborative industry partnerships, is why we chose to locate here. Additionally, we look forward to deploying our autonomous microtransit services in Fishers, and increasing our presence throughout the state, setting an example for the rest of the nation on utilizing advanced technologies to improve public transportation systems.”

PerceptIn will use the Indiana Headquarters Relocation tax credit program, which provides incentive for the relocation of small, high-growth companies to the state.

The Indiana Economic Development Corporation offered PerceptIn up to $3.5 million in conditional tax credits based on the company’s job creation plans. These tax credits are performance-based, meaning the company is eligible to claim incentives as Hoosiers are hired. The Fishers Redevelopment Commission will consider approval of an agreement between the Indiana IoT Lab and PerceptIn on November 25, 2019.