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Micron reaches deal with federal government for $6.1 billion for projects in Clay, Idaho
CLAY, N.Y. — Micron Technology (NASDAQ: MU) has reached a $6.1 billion preliminary memorandum of terms (PMT) funding agreement with the U.S. Department of Commerce under the federal CHIPS & Science Law for projects in both the town of Clay and in Idaho. The PMT outlines key terms for Micron’s CHIPS agreement. To finalize the […]
Schumer pitches Upstate to Japanese semiconductor supply-chain companies
WASHINGTON, D.C. — U.S. Senate Majority Leader Charles Schumer (D–N.Y.) last week convened several Japanese companies that supply the semiconductor industry to pitch the benefits of locating in upstate New York. Schumer held the gathering at the U.S. Capitol as Japanese Prime Minister Fumio Kishida visited the U.S. last week, representing the first visit from
Boyce Thompson Institute unveils plant-phenotyping facility
ITHACA, N.Y. — The Boyce Thompson Institute (BTI) says it has opened its plant-phenotyping facility, PhenoSight. This new facility holds “significant potential for delivering unparalleled insights” into plant growth, development, and response to environmental conditions, according to a BTI news release. BTI is a plant-sciences research institution in Ithaca. “The opening of this facility marks
CenterState CEO annual meeting offers awards, speeches on AI, CNY economic future
SYRACUSE, N.Y. — Business of the Year Awards and remarks on artificial intelligence (AI) and Central New York’s economic vision and future were all part of Thursdayafternoon’s annual meeting of CenterState CEO. The event attracted more than 800 business and community leaders to the Nicholas J. Pirro Convention Center at Oncenter, CenterState CEO said. In
Lockheed Martin lands Navy helicopter technology contract
OWEGO, N.Y. — Lockheed Martin (NYSE: LMT) announced Monday it will work with Intel Corp. (NASDAQ: INTC), and Altera, an Intel company, to support the Stimulating Transition for Advanced Microelectronics Packaging (STAMP) program for the U.S. Office of the Under Secretary of Defense for Research and Engineering (OUSD R&E). Lockheed Martin will develop a low
SRC wins more than $12 million Air Force contract modification
CICERO — SRC Inc. was recently awarded a nearly $12.4 million modification to a previously awarded U.S. Air Force contract for Multi-Domain Agile Condor enhancements, software prototype, and hardware for innovative tools development and demonstration. The contract adjustment is for computing design, development, hardware acquisition, and real-time flight demonstration, according to a March 14 contract
Binghamton University to pursue AI research and development
Uses “landmark” $5 million donation VESTAL — Binghamton University graduate Thomas Secunda is providing the school a financial gift that it
Lockheed Martin plant wins $27M Navy contract order
SALINA — The Lockheed Martin Corp. (NYSE: LMT) plant in the town of Salina has been awarded a $27.1 million firm-fixed-price delivery order under a U.S. Navy contract. It’s for the procurement of the submarine electronic-warfare system to include modernization kits, equipment, and installation. Work will be performed in the Lockheed facility, just north of
L3 Harris Technologies wins more than $8M Navy contract modification
SYRACUSE — L3 Harris Technologies Inc. was recently awarded an $8.3 million cost-plus-fixed-fee modification to a previously awarded U.S. Navy contract for level-of-effort engineering support and other direct costs to support new construction and in-service class submarines. Work will be performed in Northampton, Massachusetts (80 percent) and Syracuse (20 percent), and is expected to be
State allocates research funding to Upstate Medical, SUNY Oswego, SUNY Poly
ALBANY, N.Y. — Three regional SUNY campuses are among 14 that are allotting a total of nearly $10 million in annual state funding to expand
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