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ANDRO lands $2 million contract for 5G test environment
ROME, N.Y. — ANDRO Computational Solutions, LLC has been awarded a $2 million Direct-to-Phase II contract from the Defense Advanced Research Projects Agency (DARPA) in Washington, D.C. The pact will establish a federated fifth generation (5G) testbed ecosystem, called 5GTE, for advanced telecommunications experimentation, the company said. The award is highly competitive and part of […]
Broome County IDA to host June 25 webinar on proposed technology park
BINGHAMTON, N.Y. — The Broome County Industrial Development Agency (IDA) will hold an informational webinar on Tuesday, June 25, at 6 p.m., to provide the pubic with an overview of the State Environmental Quality Review (SEQRA) environmental-impact assessment process for the proposed Broome Technology Park in the towns of Maine and Union. The webinar will
Hochul provides update as Syracuse Developmental Center demolition work is underway
SYRACUSE, N.Y. — Gov. Kathy Hochul on Friday announced progress toward the $100 million project to turn the site of the former Syracuse Developmental Center into a mixed-use development on Syracuse’s West side. Demolition work is underway at 800-2 S. Wilbur Ave., which is not far from the Rosamond Gifford Zoo. Following the demolition, the
ConMed to pay dividend for second quarter of 2024 in early July
ConMed Corp. (NYSE: CNMD), a surgical-device maker with roots in the Utica region, announced that its board of directors has declared a quarterly cash dividend of 20 cents per share for the second quarter of this year. The dividend is payable on July 5, to all shareholders of record as of June 14. At the
Study launched on Utica Thruway exit and surrounding roads
UTICA, N.Y. — The Herkimer Oneida County Transportation Council (HOCTC) is launching a study and website to improve the connectivity and safety of the I-90
Route 11 bridge project begins in Whitney Point
WHITNEY POINT, N.Y. — A $21.2 million project to replace the U.S. Route 11 bridge over the Tioughnioga River, install one and a half miles of accessible sidewalks along Main Street, and new crosswalks at Whitney Point Middle School and the Broome County Fairgrounds has begun in Whitney Point. As part of the project, the
Court Street Apartments project in Binghamton celebrates groundbreaking
BINGHAMTON, N.Y. — Officials broke ground June 11 on a project in Binghamton to transform a vacant warehouse and office building into 111 affordable apartments, with more than half reserved for homeless veterans and other vulnerable populations in need of supportive services to live independently, Gov. Kathy Hochul announced. The Court Street Apartments project will
AAA survey finds consumer interest in EVs is declining, hybrids preferred
Consumers’ interest in buying a fully electric car is declining according to a new survey report. Only about one in five adults surveyed (18 percent) say they’d be “very likely” or “likely” to buy a new or used electric vehicle (EV) (not a hybrid), down from 23 percent last year, according to the most recent
PAR focuses on core business with sale of two subsidiaries
NEW HARTFORD, N.Y. — PAR Technology Corp. (NYSE: PAR) is making moves to focus its business on the restaurant industry, announcing it will sell both subsidiaries that comprise its government operating segment for a combined $102 million. PAR sold PAR Government Systems Corp. (PGSC) to Booz Allen Hamilton, Inc., (NYSE: BAH) in a deal that
Moody’s Ratings gives City of Syracuse A1 credit rating
SYRACUSE, N.Y. — Moody’s Ratings has given the City of Syracuse an A1 credit rating, which Syracuse Mayor Ben Walsh says “solidifies Syracuse’s progress toward fiscal sustainability.” Moody’s Ratings — which was formerly called Moody’s Investors Service and is the bond credit-rating business of Moody’s Corporation — gave the City an A1 rating and a
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