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Lockheed Martin’s Syracuse–area plant wins nearly $114 million modication to Navy contract
SALINA — The Lockheed Martin Corp. (NYSE: LMT) plant in Salina has been awarded a $113.6 million modification to a previously awarded U.S. Navy contract to exercise an option for full-rate production of Surface Electronic Warfare Improvement Program AN/SLQ-32(V)6 and AN/SLQ-32C(V) six systems. This pact combines purchases for the Navy (80 percent), and the government […]
Utica drone company finishes successful investor campaign
UTICA, N.Y. — A Utica–based startup has successfully completed a seed-funding round, netting investments that will help accelerate the development and deployment of its product,
SYRACUSE, N.Y. — Syracuse University’s BioInspired Institute will use a $3 million federal grant to create a training program for doctoral students in emergent intelligence.
ORION, an Internet of Things technology accelerator, formally launches in Rome
ROME, N.Y. — A Friday ceremony in Rome formally launched ORION, a technology accelerator and innovation ecosystem aimed at augmenting the U.S. Department of Defense’s (DoD) ability to develop, secure, deploy, and utilize IoT technology. ORION is short for Open-Architecture Resilient IoT for Operational Networks and is described as the region’s first cross-organizational tech partnership
Wolfspeed plans to move device production to Marcy location, closing plant on Durham campus
MARCY, N.Y. — Wolfspeed, Inc. (NYSE: WOLF), which operates a silicon carbide device-manufacturing facility in Marcy, plans to shift its device fabrication to its 200mm Mohawk Valley Fab and close its device fab in Durham, North Carolina where the firm is headquartered. Gregg Lowe, CEO of Wolfspeed, made the announcement as the company released its
SUNY Oswego to use federal grant to support study-abroad partnership related to semiconductors
OSWEGO, N.Y. — SUNY Oswego, in partnership with Monroe Community College, will use a $50,000 federal grant for study-abroad opportunities connected to Micron Technologies Inc.’s
Bitzer Scroll to use $5 million federal award for electric heat-pump manufacturing
DeWITT, N.Y. — Bitzer Scroll, a German firm which has a location in DeWitt, will use a federal grant of more than $5 million to
PAR Technology wins order from chicken chain for its loyalty product
NEW HARTFORD, N.Y. — Church’s Texas Chicken, a fast-food restaurant chain with nearly 800 locations across the U.S., is the latest customer for PAR Technology (NYSE: PAR) with its addition of the PAR Punchh guest engagement and loyalty program, PAR announced. Church’s is known for its hand-battered fried chicken and homestyle sides. PAR Punchh’s platform
Broome County IDA releases environmental draft, plans public hearing for proposed tech park
BINGHAMTON, N.Y. — The Broome County Industrial Development Agency (IDA) will hold a public hearing next month, following the release of the draft scoping document
ANDRO awarded slot under competitive federal contract award
ROME, N.Y. — The U.S. General Services Administration (GSA) has selected ANDRO Computational Solutions, LLC for a slot under the first set of competitive One
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