Florida Institute of Technology
Florida Institute of Technology is a private, non-profit research university founded in 1958 on Florida's Space Coast, delivering STEM-focused undergraduate and graduate degree programs across four colleges, multiple regional education centers, and online channels to a diverse domestic and international student body.
- Company typePrivate
- Founded1958
- HeadquartersMelbourne Beach, United States
- Headcount251–500
- GTM typeB2B and B2C
- OfferingServices
What Florida Institute of Technology does
Florida Institute of Technology is a private, non-profit research university founded in 1958 and headquartered in Melbourne, Florida on the Space Coast. It is the only independent technological university in Florida and was established to educate pioneers of the U.S. space program. The institution delivers undergraduate and graduate degree programs across four colleges — College of Aeronautics, College of Engineering and Science, College of Psychology and Liberal Arts, and Nathan M. Bisk College of Business — with a research-driven, hands-on curriculum focused on STEM disciplines. Approximately one-third of undergraduates are international students.
The university distributes its educational services through multiple channels: a main Melbourne campus, three regional education centers (Orlando, Patrick Space Force Base, and Titusville/Spaceport), and online delivery via Florida Tech Online and ABA Online. Corporate training is offered through the Level Up Program and continuing education. Supporting services include the Burrell College of Health Sciences as a specialized sub-brand, the Vertex Applied Innovation Hub for technology transfer, and a campuswide mobile credential system (Apple Wallet / Google Wallet via Allegion US locks managed through Transact + CBORD). The institution generates revenue primarily from recurring tuition and fees, supplemented by federal/state/private research grants (e.g., NEH, SBA, Protect Wild Dolphins Alliance) and corporate/continuing education programs.
Key competitive advantages include proximity to NASA-Kennedy Space Center, SpaceX, and other aerospace employers that sustain an internship and recruitment pipeline; recognition as No. 20 in the U.S. for Student Experience (Wall Street Journal), Top 6% for Graduate Employability (Global Employability University Ranking), and a Payscale ROI designation; and membership in the Florida Space Research Consortium alongside seven peer universities representing over 300,000 students and $3 billion in aggregate annual research activity. Recent strategic activity includes a 556-bed, 27% housing capacity expansion (Crimson Crossing, opening August 2026) and active capital deployment approved by the Board of Trustees.
Florida Institute of Technology firmographics
Firmographics- Name
- Florida Institute of Technology
- Legal name
- Florida Institute of Technology
- Website
- https://floridatech.edu
- Company type
- Private
- Founded year
- 1958
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Short description
- Florida Institute of Technology is a private, non-profit research university founded in 1958 on Florida's Space Coast, delivering STEM-focused undergraduate and graduate degree programs across four colleges, multiple regional education centers, and online channels to a diverse domestic and international student body.
- Ownership category
- akta.pro rank
Florida Institute of Technology industry classification
Industry- Product category
- Higher Education
- NAICS
- Colleges, Universities, and Professional Schools (6113), Colleges, Universities, and Professional Schools (611310)
- SIC
- Services-Educational Services (8200)
- akta.pro primary industry
- STEM-Focused Research Universities (Engineering & Applied Sciences) (EDAHABAB)
- akta.pro secondary industries
- STEM-Focused Technical Universities (EDAHAEAD), Comprehensive Doctoral Research Universities (Multi-Disciplinary) (EDAHABAA)
Keywords
Where Florida Institute of Technology is headquartered
LocationHeadquarters
- HQ city
- Melbourne Beach
- HQ country
- United States
- HQ region
- North America
Offices4 records
Markets served
Florida Institute of Technology business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Infrastructure, Operations, Marketing or Sales, Technology or R&D
Revenue model
- Student Tuition and Fees: Core revenue from undergraduate and graduate tuition, fees, and associated academic charges for degree programs across all colleges.
- Grants and Research Funding: Revenue from federal, state, and private grants supporting scientific research, rescue operations, and educational initiatives. Florida Tech has received grants such as the Protect Wild Dolphins Alliance funding for marine wildlife conservation.
- Continuing Education and Professional Programs: Revenue from corporate training programs such as the Corporate Level Up Program, continuing education offerings, and online program delivery through Florida Tech Online.
Go-to-market motion1 record
Distribution channels4 records
Marketing channels5 records
Florida Institute of Technology product offering
Product offeringCore offering
Florida Institute of Technology is a private research university delivering undergraduate and graduate degree programs across STEM and related disciplines—including engineering, science, computing, aeronautics, business, and psychology—through its Melbourne main campus, three regional education centers, and online platforms. The institution supplements degree education with corporate training, continuing education, and sponsored research activities anchored on Florida's Space Coast.
Product overview
Florida Institute of Technology operates as a research-driven university offering a unified portfolio of educational products and services centered on STEM fields. The core offering consists of academic degree programs (undergraduate and graduate) across four colleges: College of Aeronautics, College of Engineering and Science, College of Psychology and Liberal Arts, and Nathan M. Bisk College of Business, supplemented by online delivery through Florida Tech Online and ABA Online. The university extends its reach through multiple education centers (Orlando, Patrick SFB, Spaceport Titusville), the Corporate Level Up Program for professional development, the Burrell College of Health Sciences as a specialized sub-brand, and the Vertex Applied Innovation Hub for research commercialization. A notable technology-enabled service is the mobile credential system for campus access.
Differentiator
Problem solved
Functional benefit
Products and services
- Florida Tech Academic Degree Programs Undergraduate and graduate degree programs in engineering, science, computing, aeronautics, business, and psychology, delivered through a research-driven, hands-on curriculum for prospective and current students.
- Florida Tech Online Online degree programs providing flexible remote access to Florida Tech's academic curriculum for working professionals, remote learners, and distance students worldwide.
- ABA Online Online Applied Behavior Analysis programs for students pursuing careers in behavioral science and therapy.
- Corporate Level Up Program Professional development and continuing education programs for corporate partners and working professionals seeking career advancement through Florida Tech's curriculum.
- Continuing Education Continuing education offerings for professional development and credentialing outside of full degree programs.
- Burrell College of Health Sciences Specialized college within Florida Tech focused on health sciences education and training.
Quantifiable outcome
- No. 20 in U.S. for Student Experience (The Wall Street Journal)
- +2 more outcomes
Companies that use Florida Institute of Technology
Customer profileSegments4 records
Ideal customer profiles4 records
Florida Institute of Technology technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Florida Institute of Technology partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core, supporting and minor.
- Florida Space Research Consortium (FSRC)coreFlorida Tech is one of eight partner universities in the Florida Space Research Consortium, a statewide partnership aligning Florida universities around space research, innovation, and workforce development. The consortium represents over 300,000 students and $3 billion in annual research activity. It aims to strengthen Florida's competitiveness in the global space economy through collaboration among universities, industry, and government agencies including NASA and Space Florida.
- Protect Wild Dolphins AlliancecoreFlorida Tech receives grant funding through the Protect Wild Dolphins Alliance, a statewide initiative funded by 'Protect Marine Wildlife' specialty license plate sales. Grants support scientific research, rescue operations, and educational initiatives for marine wildlife conservation across Florida. The alliance emphasizes collaboration with research institutions and rescue organizations to safeguard marine ecosystems and wildlife such as dolphins and sea turtles.
- Allegion UScoreFlorida Tech partnered with Allegion US to implement mobile credential technologies campuswide, allowing students to access facilities, amenities, and residence halls using their phones via Apple Wallet and Google Wallet. The rollout upgraded Schlage AD-400 wireless locks and achieved impressive adoption rates. This partnership was implemented in conjunction with Transact + CBORD for the credential management platform.
- Transact + CBORDsupportingCredential management platform partner for Florida Tech's mobile credential technology implementation, enabling students to use Apple Wallet and Google Wallet for campus access to facilities, amenities, and residence halls.
- Cape Canaveral / City of Cape CanaveralminorFlorida Tech had a prior partnership with Cape Canaveral to study launch vibrations and sonic booms from SpaceX Starship rocket launches. The partnership was discontinued after Florida Tech withdrew, citing that the $10,019 study was too narrow compared to a comprehensive assessment costing $100,000 or more. Cape Canaveral is now seeking alternative partnerships and grants including the PROTECT competitive grant program.
Scale indicators4 records
Recent moves7 records
Expansion highlights5 records
Florida Institute of Technology competitors and assessment
Company assessmentMarket position
Strengths4 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Florida Institute of Technology social profiles
Digital presenceFlorida Institute of Technology financial estimates
Financial estimateRevenue estimate
Valuation estimate
Florida Institute of Technology leadership team
Management profileNumber of profiles
Profiles1 record
Florida Institute of Technology subsidiaries and ownership
Company hierarchySubsidiaries1 record
Florida Institute of Technology funding detail
Funding detailFunding overview
Funding rounds3 records
Investors3 records
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Florida Institute of Technology M&A and investment
M&A and investmentM&A
Investments4 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Florida Institute of Technology
What does Florida Institute of Technology do?
Florida Institute of Technology is a private research university delivering undergraduate and graduate degree programs across STEM and related disciplines—including engineering, science, computing, aeronautics, business, and psychology—through its Melbourne main campus, three regional education centers, and online platforms. The institution supplements degree education with corporate training, continuing education, and sponsored research activities anchored on Florida's Space Coast.
Is Florida Institute of Technology a public or private company?
Florida Institute of Technology is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Florida Institute of Technology founded?
Florida Institute of Technology was founded in 1958. It employs 251 to 500 people.
Where is Florida Institute of Technology based?
Florida Institute of Technology is headquartered in Melbourne Beach, United States, in the North America region.
How does Florida Institute of Technology make money?
Three revenue lines are on record. Student Tuition and Fees are the primary driver. The others are grants and Research Funding and continuing Education and Professional Programs.
Does Florida Institute of Technology have an API?
No public API is recorded for Florida Institute of Technology.
What industry is Florida Institute of Technology in?
Florida Institute of Technology's product category is Higher Education. Its primary akta.pro industry code is EDAHABAB, STEM-Focused Research Universities (Engineering & Applied Sciences), with a secondary code of EDAHAEAD, STEM-Focused Technical Universities. Its NAICS code is 6113 and its SIC code is 8200.