By GREGORY ZELLER // A development team with big plans for a reinvigorated Long Island aerospace industry spread its wings Wednesday night, soaring straight toward its long-desired nest. Calverton Aviation…
By GREGORY ZELLER // An aerospace company looking to make a splash in the emerging field of solar-powered flight has reached back through the decades to power up an ambitious…
By GREGORY ZELLER // From the Bodies in Motion Tend to Stay in Motion file comes Luminati Aerospace, which has achieved what it’s calling “perpetual stratospheric flight.” According to the…
Glad tidings: Happy Friday, readers old and new, and a special hello to Innovate Long Island’s newest sponsor, Uniondale law firm Ruskin Moscou Faltischek. Welcome to the show! Yellow peg:…
With the fate of Riverhead Town’s Enterprise Park at Calverton still very much in the air, Daniel Preston would like to throttle things back a bit. Half-truths and wild speculation…
By GREGORY ZELLER // Make no mistake: For Greek-American billionaire John Catsimatidis, this is a land deal, pure and simple. The owner of Gristedes Foods, the largest grocery chain in…
Long Island is taxiing back toward the forefront of aerospace manufacturing. One year after a ballyhooed test flight of its solar-powered VO Substrata solar-powered aircraft, Luminati Aerospace LLC held a…
Luminati Aerospace has signed a letter of intent to acquire the Town of Riverhead’s 2,300-acre Enterprise Park at Calverton for about $40 million. The deal includes about 600 acres of developable…
By GREGORY ZELLER // A gallery of high-ranking observers watched Dan Preston’s dreams take flight Friday – and along with them, a potential rebirth of a once-great Long Island industry….
The first aircraft to be designed and built in Calverton since Grumman Aerospace Corp. went wheels-up more than 22 years ago is scheduled to make its public debut Friday. The…
Luminati Aerospace shed light on its top management this week, trotting out the startup’s top design and science officers before the Riverhead town board and local residents. The firm, which…
By GREGORY ZELLER // Daniel Preston, CEO of Luminati Aerospace, the Brooklyn startup with plans to build communication drones at Calverton, seems comfortable punching the throttle. Incorporated in Delaware in April and…