Dyson says it will invest an additional $3.67bn (£2.75bn) into new technologies and products over the next five years.
The investment will allow the company to double the number of products it sells, and expand into new areas.
The investments will be focused in Singapore, the UK, and the Philippines, and will focus on emerging technologies.
The company announced it would relocate from the UK to Singapore in 2019.
Dyson is best known for vacuum cleaners, air purifiers and hair dryers.
But the new investment will pay for more engineers and scientists in fields such as software, machine learning and robotics.
“Now is the time to invest in new technologies such as energy storage, robotics and software which will drive performance and sustainability in our products for the benefit of Dyson’s customers,” Dyson’s chief executive Ronald Krueger said.
“We will expand our existing product categories, as well