Veteran-Owned Company Wins Florida SBA Award

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PANAMA CITY, Fla. (WJHG/WECP) — A veteran-owned business in Panama City is recognized by the North Florida District Small Business Association. Randall Shepard, CEO and Founder of RSAE Labs Inc., has been awarded the District of North Florida’s 2022 Veteran Business Owner of the Year.

Shepard was nominated for the award by the Florida Veteran Business Outreach Center.

“I understand the number of veteran-owned businesses here in North Florida and the quality of those. So being nominated and winning is really important to us and we’re proud of that because the competition is tough,” Shepard said.

Shepard has spent a lot of time in Panama City, dating back to the 80s when he worked at Tyndall Air Force Base.

“I actually started coming here to do summer research in the early ’80s when I was teaching at the Air Force Academy,” Shepard said. “I was fortunate enough to get a follow-on assignment to develop what became the Radar Test Facility at Tyndall Air Force Base.”

When Shepard retired from the military after serving 20 years, he and a few others opened one of the first PC-compatible stores in Panama City.

From there he turned to other avenues for several different business ventures. Until September 11, 2001. Shepard said after that he started working on container tracking. That’s what he’s doing today with RSAE Labs.

“Since we’ve evolved with this by working with the Department of Defense and tracking and protecting high-value cargo around the world, while ensuring efficient supply chain management,” said Shepard said.

Shepard isn’t the only veteran working at the company either, he told NewsChannel 7 that about a third of the staff are veterans.

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