News

NASA taps NYIT for critical rocket-propulsion sensors

By GREGORY ZELLER // A New York Institute of Technology engineering professor is contributing to the creation of specialized sensors that could help test the next generation of space propulsion systems – and one day blast into the void themselves. Fang Li, an assistant professor of mechanical engineering at NYIT’s School of Engineering and Computing Sciences in Old Westbury, is partnering with X-Wave Innovations Inc., a Maryland-based R&D firm, on the development of an embedded…

Read More

At Fred Dunwoody’s, when you’re write, you’re right

By GREGORY ZELLER // The writing is on the wall at FJD & Associates, and it looks like founder Fred Dunwoody was right all along. Dunwoody, who leveraged a long-term sales career in imaging-related industries into his 2010 startup, knew that healthcare trades would eventually become a cornerstone of his bottom line. His Westbury-based tech firm distributes high-tech document and data-capture solutions for paper and tablets – the cutting edge of “digital writing” – and…


Employment up 1.7% as the hospitality sector rocks

Long Island added 19,000 jobs in the year ending in June, a 1.7 percent increase that brings the region’s total private sector employment to 1,172,200, the Labor Department reported Thursday. The increase was in line with national numbers and slightly below New York State job growth of 1.9 percent. Statistically, all of the growth came between May and June, when the region added a record 19,000 jobs, well above the historic average for the period…


Throwing in more towels, and that’s very good

By GREGORY ZELLER // Another week, another significant partnership for Applied DNA Sciences, which continues to make itself at home in the national textiles market. The Stony Brook-based provider of DNA-focused supply chain, anti-counterfeiting and anti-theft technologies has signed a multi-year licensing agreement with Loftex Home LLC, a well-known maker of high-quality towels and other home textiles. The new deal builds upon a prior agreement between Applied DNA and New York City-based Loftex Home, announced…


Feds OK $537M loan for NYC’s Farley train project

New York has been greenlighted for more than $500 million in federal loans to covert the Farley Post Office building in Manhattan into a modern transit hub, replacing the rabbit warren of tunnels known as Penn Station. The credit program, formerly called the Transportation Infrastructure Finance and Innovation Act but better known as TIFIA, has been used repeatedly by the state for big construction projects, including the State Island ferry terminals and the new Tappen…


Award-winning Re-Nuble lays waste to malnutrition

By GREGORY ZELLER // An outer-borough biotech with a Long Island lineage is racing to the head of the organic-fertilizer field. Re-Nuble Inc., founded by scientifically oriented business IT specialist Tinia Pina, has snagged a 2017 American Entrepreneurship Award and the $25,000 interest-free loan that accompanies it – the latest feathers in the cap of a 2015 startup that transforms food waste into fresh produce. The American Entrepreneurship accolades are doled out by the Libra Group,…


PET project brings Applied DNA to India, and the world

By GREGORY ZELLER // Applied DNA Sciences wants to say one word to you. Just one word. Are you listening? Plastics. After checking cotton, leather, European luxury cars, Department of Defense microcircuits and other diverse, often critical verticals off its to-do list, the Stony Brook-based provider of DNA-focused supply chain, anti-counterfeiting and anti-theft technologies has signed a multi-year licensing deal with global textile manufacturer GHCL Ltd., focused specifically on polyethylene terephthalate. Known best by its…