Secretive drone firm to invest $50M+ at Calverton
By JOHN L. KOMINICKI // Calverton’s enterprise zone is near a deal with a Brooklyn aeronautical startup that plans to build giant, solar-powered aircraft that would fly high above commercial jet…
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Applied DNA Sciences inks mega security deal
A new partnership with a California-based training organization represents a big step toward realizing Applied DNA Sciences’ plans for the United States – starting with access to more than 12,000…
State launches mentor program for at-risk kids
The state is seeking mentors to help provide career and life guidance to children who are at risk of failing in school or in foster care across the state. The mentoring program…
Farmingdale’s JFI Jets bulks up fleet
JFI Jets, a private jet charter, aircraft management and maintenance company with operations in Farmingdale, has acquired Florida-based ACP Jets, the operator of a fleet of Hawker, Citation and Gulfstream jets,…
Can Styrofoam-munching mealworms save the planet?
Researchers from Stanford and China have discovered that mealworms can subsist solely on a diet of Styrofoam and other forms of polystyrene and excrete biodegraded material that could be used…
College students: Reduce your school’s carbon footprint, get $1M
Student-led coalitions will develop million-dollar ideas in a new statewide competition to cut down greenhouse gas emissions on New York State college and university campuses and beyond. Calling climate change…
The Debrief: Lawrence Weber, innovation psychotherapist
First and foremost a scientist, Lawrence Weber – who studied physical chemistry at Michigan State University and nucleic acids during a postdoctoral fellowship at MIT – takes an analytical approach…
Behind our sunny jobs rate, storm clouds
By JOHN L. KOMINICKI // Long Island’s rosy 4.5 percent unemployment rate – the lowest since 2007 – masks a wide range of unsettling workforce trends. Earnings for private sector…
Gorilla Toolz: Not quite 800 pounds, but just wait
By GREGORY ZELLER // Today’s lesson from the high-speed, high-tech world: If it ain’t broke, fix it anyway. That’s the emerging game plan of software developer Gorilla Toolz, which was doing…
TPP deal reached; Congress a question mark
The United States and 11 of its trading partners reached an historic accord Monday that will lift 18,000 tariffs on U.S. exports, presenting a potential boom for businesses of all…
Sharestates muscles into peer-to-peer Top 10
By GREGORY ZELLER // Bulked up with an added $20 million from its chief institutional investor, Great Neck-based Sharestates has cracked the top 10 of U.S. real estate crowdfunders, according to…
Teaching to the truth: Nowadays, we’re all in sales
By GREGORY ZELLER // It’s a big world getting smaller – one of several critical lessons in the modern marketing classroom. As social media and other online avenues regularly smudge…
LI Water Conference sets Oct. 22 colloquium
Joan Leary Matthews, head of clean water efforts for the EPA’s New York and New Jersey region, will headline the annual Long Island Water Conference symposium, set for Oct. 22…
Summertime, and the innovation was easy
By GREGORY ZELLER // If you’re looking for economic indicators from within the innovation space, consider the sizzling summer just wrapped by Intelligent Product Solutions, the Hauppauge-based product design and…
Albany funding affordable housing in storm areas
With Hurricane Joaquin positioning itself for a potential East Cost strike, Gov. Andrew Cuomo on Wednesday announced a new $20 million program to support eligible affordable-housing projects in areas ravaged…