Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.

Booz Allen Hamilton wins $23 million Air Force tech contract
ROME, N.Y — Booz Allen Hamilton Inc. was recently awarded a $23.4 million contract from the U.S. Air Force for an ORACL software/hardware prototype, reports,

Wolfspeed reduces debt, emerges from Chapter 11 bankruptcy protection
Wolfspeed, Inc. (NYSE: WOLF), a company specializing in silicon-carbide technologies, has completed its financial-restructuring process, and on Sept. 29 announced its emergence from Chapter 11 bankruptcy protection. Based in Durham, North Carolina, Wolfspeed operates a plant in Marcy, in Oneida County. Through the restructuring process, the chipmaker has reduced its total debt by about 70

New state law requires quick reporting of cybersecurity, ransomware incidents
ALBANY, N.Y. — A new state law is now effect that requires all municipal corporations and public authorities to report cybersecurity incidents within 72 hours and ransomware payments within 24 hours to the New York State Division of Homeland Security and Emergency Services (DHSES). Within 30 days of making a ransomware payment, the victim organization

Cybersecurity remains a concern for small businesses
Cybersecurity continues to be a key issue for small-business owners, with 41 percent citing payment fraud as their top concern, followed by phishing and email scams (27 percent) and identity theft (26 percent). It’s one of several topics addressed in a survey from Cleveland, Ohio–based KeyBank (NYSE: KEY) released on Sept. 16. Overall, KeyBank’s 2025

Endicott–based IT firm TechMD is now under new ownership
ENDICOTT, N.Y. — TechMD, an Endicott–based information-technology (IT) services firm that operates New York offices in DeWitt and Ithaca, is now under new ownership. Integris, which is based in Cranbury Township, New Jersey, acquired TechMD, along with its security division, 1nteger Security, per a mid-June announcement on the Integris website. It didn’t include any financial

Tech Valley Cybersecurity Symposium set for Schenectady on Oct. 14
SCHENECTADY — The 4th annual Tech Valley Cybersecurity Symposium is set for Oct. 14 at Rivers Casino & Resort in Schenectady. LogicalNet — a digital security provider serving the Capital Region for more than 30 years — announced the event Sept. 17. The Cybersecurity Symposium is focused on giving business leaders the tools and insights

Coach AI is first product in PAR Technology’s new PAR AI intelligence suite
NEW HARTFORD, N.Y. — PAR Technology Corp. (NYSE: PAR) describes its PAR AI as a new intelligence layer embedded directly into the PAR product suite. PAR AI introduced Coach AI, a purpose-built intelligent assistant designed for critical roles in restaurant operations, as described in the company’s Sept. 9 announcement. PAR Technology, based in New Hartford,

MVCC hosts faculty from Dominican Republic, share STEM education practices
UTICA, N.Y. — Three faculty members from the Autonomous University of Santo Domingo (UASD) in the Dominican Republic visited Mohawk Valley Community College (MVCC) in early September to do some learning. The instructors traveled to Utica to explore MVCC’s approach to strengthening education in the areas of science, technology, engineering, and mathematics (STEM). Gladys Nunez,

SRC wins $24M U.S. Air Force contract for AI, computing architecture development work
CICERO, N.Y. — SRC Inc. was recently awarded a nearly $24.3 million contract for innovative research and development of advanced efficient computing architectures and systems. The pact provides for development of robust algorithms and applications, in order to achieve orders of magnitude improvement in size, weight, and power, for deploying robust artificial intelligence and machine-learning

South Side Community Growth Foundation appoints first executive director
SYRACUSE, N.Y. — The South Side Community Growth Foundation has appointed Deka Eysaman as its first executive director. Eysaman has a “proven track record” of driving impactful programs and initiatives that spark innovation within public private partnerships and advance equity for marginalized populations, per the announcement. Eysaman most recently served as assistant director of field
Stay up-to-date on the companies, people and issues that impact businesses in Syracuse, Central New York and beyond.