A 19 percent drop in revenues and 29 percent dive in net income marked a third-quarter bottom-line stumble for CPI Aerostructures, though company officials – referencing a “front-loaded” 2014 contract…
By GREGORY ZELLER // I scream, you scream … but only Richard Blech screens for ice cream. It’s taken Blech years of diligent Internet searches to assemble the yesteryear fleet…
Applied DNA Sciences has closed a roughly $5 million deal with “a single healthcare-dedicated institutional investor,” the company announced late Monday. The Stony Brook-based supply-chain, anti-counterfeiting, anti-theft and product-authentication specialist…
By GREGORY ZELLER // With a three-year-old Seattle office growing steadily and a new shingle hanging in the middle of Minnesota’s red-hot digital-medicine ecosystem, Intelligent Product Solutions is in full-on…
The hot streak continues for Napco Security Technologies, which rode an 80 percent leap in net income to set a new first-quarter revenue record. Reporting Monday on the first three…
By GREGORY ZELLER // ThermoLift’s second-generation TC-Cycle has made a whirlwind multistate debut. Representatives of two U.S. Department of Energy laboratories traveled to Michigan in October to check out the…
By GREGORY ZELLER // New blood and a new order-fulfillment deal are part of the growth formula for Rockin’ Wellness, a feel-good story dancing to its own tune. Embracing a…
The national health-regulatory agency of Brazil has approved commercial use of Chembio Diagnostics’ rapid field rest for the Zika virus – a major step toward selling the product in the…
When the worst news of your quarterly earnings report is you’re affirming your EPS guidance for the rest of the year, you know you’re doing fairly well. “Fairly well” is…
Empire State Development will use a federal grant to pump up Global NY, the international division of Albany’s main economic-development engine. The U.S. Small Business Administration has awarded ESD a…
By GREGORY ZELLER // Riding a high-tech trend toward convenience and cost-savings, Stony Brook University now has its very own Amazon “pickup location.” Located on the lower level of SBU’s…
By GREGORY ZELLER // It’s wheels-up at Ronkonkoma private jet firm ExcelAire, which has earned lucrative Cayman Islands approvals, added a high-flying VP and landed an expansion office at the…
Despite impressive gains by its Industrial Products Group – including the group’s 27th consecutive quarter posting revenue growth and a nearly 10 percent increase in its sales force –Systemax Inc….
By GREGORY ZELLER // A cutting-edge Long Island biotech with a unique cancer-fighting platform has closed a critical $2 million funding round. DepYmed Inc., spun out of Cold Spring Harbor…
By GREGORY ZELLER // Thirty-nine early-stage companies, including two on Long Island, have been welcomed into the Start-Up NY program. The companies will either launch in or relocate to “tax-free…