Aerospace is swell and all, but this is about land
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…
Sean Walter
Plant 6 reopened, Luminati says it’s ready for takeoff
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 in deal to buy giant former Grumman site
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…
Meet the Luminati Aerospace R&D team
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…
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…