Yes, it is the first full day of spring: Despite copious meteorological evidence to the contrary, spring has sprung. The March (or Northward, or Vernal) Equinox occurred just on schedule around midday Tuesday, with an almost exact amount of daylight and night yesterday across most latitudes on Earth.
This “Winter Storm Toby,” however, will have none of it, with Tuesday-evening models suggesting one of the strongest East Coast winter storms of this brutal season, and any March on record. Stay warm, dear readers.
The more, the merrier: Speaking of dear readers, how very nice to welcome new newsletter subscribers Todd, Jon, Richard, Lucinda, ILYA, Nichole, Alfredo and Sara. Welcome to the show, no wagering, all that good stuff.
In case you didn’t know, we love to hear what you think – and that goes for you old readers, too – so drop us a line at firstname.lastname@example.org. Story tips and calendar items are our favorites.
Rock on: It was March 21, way back in 1952, when the Cleveland Arena hosted what history would record as the world’s first rock and roll concert – the Moondog Coronation Ball.
And the world would wait eight long months to learn it was Kristin (!) who shot J.R., but it was this date in 1980 when the most famous gunshot victim in nighttime soap history ate lead on the CBS drama “Dallas.”
Oh, and: Some little texting thing was founded on March 21, 2006, in San Francisco, by entrepreneur Jack Dorsey. He called it Twitter, or some such.
Lighten up, Mr. Bond: Welsh actor Timothy Dalton (born 1946), arguably the frowniest Bond, adds a year today, as do rocker Eddie Money (born 1949), “Cosby” kid Sabrina Le Beauf (born 1957), freshly minted Academy Award Best Actor Gary Oldman (born 1958) and lightning rod actress/TV personality Rosie O’Donnell (born 1962).
And many more, Ferris Bueller: Actor Matthew Broderick turns 54 today.
Better late than never: Before we dive into the week in innovation, a quick note for those who didn’t get the word – the Fair Media Council’s 2018 Folio Awards, originally scheduled for today at The Garden City Hotel, have been postponed by this relentless winter.
New York Times journalist Maggie Haberman is confirmed for the new date: March 29, beginning 11 a.m. at the Garden City Hotel. (Weather permitting – maybe pencil it in.)
BUT FIRST, THIS
Circling the airfield: The would-be developers of more than 1,600 acres of Enterprise Park at Calverton property have showed some remarkable stamina.
Calverton Aviation & Technology, a relatively new LLC created by Triple Five Real Estate One and Luminati Aerospace, endured a nearly five-hour gauntlet of questions and answers during a marathon hearing Monday in front of the Riverhead Town Board. The topic was CAT’s quest to buy 1,643 EPCAL acres from the town for $40 million and build at least 1 million square feet of commercial and industrial space on the site, once a thriving hub of Grumman aerospace manufacturing.
Present at Monday’s proceedings were several potential tenants of CAT’s envisioned commercial zone, along with Triple Five Chairman Nader Ghermezian and Business Development Director Stuart Bienenstock. Noticeably absent was Luminati Aerospace founder Dan Preston, who originally floated the idea of turning the EPCAL property into the centerpiece of a restored Long Island aerospace-manufacturing industry. According to CAT officials, Preston is still involved in the plans, but has been stripped of his voting rights within the new LLC.
Written public comments on the CAT development proposal will be accepted through April 6. More information is available here.
Pathology report: The American Journal of Pathology has a new editor-in-chief, from right here on Long Island. Stony Brook University Professor of Pathology, Molecular Genetics and Microbiology Martha Furie has taken the reins of the nation’s premier peer-reviewed research journal covering the causes and effects of diseases.
Furie, a 32-year member of the SBU faculty, becomes the 13th chief editor since the AJP launched in its current form in 1925 and the first woman to fill the post. Her research focuses on the immune interaction with bacterial pathogens, specifically those responsible for Lyme disease and other infectious diseases.
One goal during her five-year editorial term is to increase content highlighting studies with “more immediate impact on clinical care,” SBU said in a statement. More on the professor’s plans can be found in her inaugural editorial as chief editor.
A word from our sponsor: Whether it’s helping in site selection, cutting through red tape or finding innovative ways to meet specific needs, businesses that settle in the Town of Islip soon learn that we take a proactive approach to seeing them succeed. If your business wants to locate or expand in a stable community with great quality of life, then it’s time you took a closer look at Islip.
TOP OF THE SITE
Farrell Fritz North: The Uniondale-based law firm has made an aggressive thrust into the Capital Region, opening a new Albany office and staffing it with a team of lobbyists and government-regulation pros.
Bed, and beyond: Leveraging a partnership agreement with global Indian manufacturer GHCL, Stony Brook-based Applied DNA Sciences will start authenticating recycled materials in top-shelf home accessories.
Booster shots: A host of regional high-tech companies, already blessed with federal SBIR awards, received matching grants this week from New York State through SBU’s Small Business Development Center.
Listen to your SmartCoparents: A Hauppauge tech firm presenting popular digital solutions for busy, separated co-parents will benefit from the wisdom of a new Independent Strategic Advisory Board.
STUFF WE’RE READING
It’s on: British billionaire Sanjeev Gupta and his Simec Zen Energy are bringing the fight to Tesla, challenging for the world’s biggest battery title on an Australian battleground.
Don’t need to be a brain surgeon: A recent study of an elite online degree program confirms what you might have suspected – elite online degree programs are a really good resource for mid-career Americans.
Another new plan: From Newsday, why Long Blockchain – formerly the Long Island Iced Tea Co. – has decided to take a small stake in a UK counterpart, instead of merging with it.
Gold, and rules: From Forbes, how overburdensome government regulations may be creating an unnecessary drag on healthcare innovation – and smothering access to developmental capital.
+ Skycision, a California-based data platform that leverages drone and satellite imagery for farmers to manage crops, raised $1.1 million in seed funding led by Innova Memphis, with participation from Dane Scurich, Scurich Berry Farms and Pete Nelson with AgLaunch.
+ Warby Parker, a New York City-based eyeglasses retailer, raised $75 million in Series E funding led by existing investor T. Rowe Price.
+ Promise, a California-based startup focused on criminal justice reform, raised $3 million in funding led by First Round Capital with participation from Jay-Z’s Roc Nation LLC, Y Combinator, Kapor Capital, 8VC and Adelfos.
+ SeamlessDocs, a NYC-based provider of government digital transformation solutions, completed a $7.5 million funding round led by SJF Ventures with participation from Motorola Solutions, Entrepreneur Roundtable Accelerator, NY State Innovation Ventures, CapRock, and some other private investors.
+ The Riveter, a Seattle-based female-forward company focused on creating spaces online and in the physical world for entrepreneurs, remote workers and freelancers, raised $4.75 million in the first round of institutional funding led by Madrona Venture Group.
+ Parachute Health, a NYC-based healthcare technology platform, raised $5.5 million in seed funding. Backers included Greater New York Hospital Association Ventures, Loeb Holding Corp. and other healthcare innovators.
+ Cambridge Innovation Center, a Massachusetts-based builder and operator of innovation campuses, secured $58 million in funding. HB Reavis made the investment.
+ Airtable, a San Francisco-based platform that enables anyone to build custom apps to support their businesses, raised $52 million in Series B funding led by existing investors CRV and Caffeinated Capital, with participation from Freestyle Capital and Slow Ventures.
+ Outdoor Voices, an Austin-based manufacturer of athletic apparel, raised $34 million in Series C funding led by GV.
+ Desktop Metal, a Vermont-based developer of metal 3D printing systems, raised $65 million in new financing led by Ford Motor Co., with participation from existing investor Future Fund.
BELOW THE FOLD
Start your electric engines: Promising 25 new jobs (and professional opportunities for Farmingdale State College students participating in a dedicated internship program), Tesla has announced a new Smithtown service center.
Wowee Maui: Aloha from the 10-campus Hawaiian college planning to be energy net-zero – as in, completely off the grid – within two years.
Still no sign: Of “free news,” which is perhaps hibernating through this endless season. We’ll keep looking. Meanwhile, you keep supporting the great programs that support Innovate LI, including the Town of Islip’s Office of Economic Development. Please and thank you.