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PAR Technology completes TASK acquisition
NEW HARTFORD, N.Y. — PAR Technology Corp. (NYSE: PAR) has completed its acquisition of TASK Group Holdings Ltd. (TAST), an Australian global foodservice-transaction platform, PAR announced. The addition of TASK allows PAR, a New Hartford–based foodservice-technology company, to serve top enterprise foodservice brands around the world with a unified commerce approach that spans from front […]
FuzeHub to use $1 million NSF award for program focused on advanced materials
ALBANY, N.Y. — FuzeHub says it will use a $1 million award from the National Science Foundation (NSF) to lead Upstate Makes. Upstate Makes is a collaborative initiative to build New York’s advanced materials ecosystem and “foster innovation-fueled economic growth,” FuzeHub said in its announcement. FuzeHub is an Albany–based nonprofit that works to help New
Lockheed Martin awarded nearly $30M modication to Navy contract
SALINA — The Lockheed Martin Corp. (NASDAQ: LMT) plant in suburban Syracuse has won a more than $29.8 million modification to a previously awarded contract to exercise an option for U.S. Navy equipment. Work will be performed in the town of Salina (67 percent) and Millersville, Maryland (33 percent), and is expected to be completed
SUNY launches venture-capital fund for startups on a SUNY campus
SYRACUSE, N.Y. — SUNY officials on Monday announced the launch of Upstate Biotech Ventures, a “first-of-its-kind” venture-capital fund for startups and small businesses on a SUNY campus. Dr. Mantosh Dewan, president of Upstate Medical University, announced the fund during an afternoon ceremony at Upstate Medical’s CNY Biotech Accelerator at 841 E. Fayette St. in Syracuse.
Oswego Health says first robotically assisted surgery performed at its surgery center
OSWEGO, N.Y. — Oswego Health says it had the system’s first robotically assisted surgery using the recently purchased da Vinci Xi surgical system. Dr. Kenneth Cooper — a robotically trained bariatric surgeon with the Center for Weight Loss & Surgery — was the first to use the da Vinci Xi system at Oswego Health’s surgery
MACNY wins $6 million federal grant for advanced-manufacturing apprenticeships
DeWITT, N.Y. — MACNY, the Manufacturers Association will use a $6 million federal grant to expand registered apprenticeships for advanced-manufacturing jobs, including those in the semiconductor industry. The U.S. Department of Labor awarded the funding, the office of U.S. Senate Majority Leader Chuck Schumer (D–N.Y.) announced. The new program is expected to help more than
Upstate’s Air Upstate drone team conduct first BVLOS flight
SYRACUSE — In May, Upstate Medical University says it completed a key test flight for its drone program that advances the health system’s goal of
Saab awarded nearly $9 million Navy order for radar spare parts
DeWITT — Saab Inc., which has local facilities in the town of DeWitt, has recently been awarded a more than $8.9 million delivery order from the U.S. Navy, under a previously awarded basic ordering agreement for multi-mode radar spares. Work will be performed in Gothenburg, Sweden (66 percent) and DeWitt (34 percent), and is expected
Schumer says regional effort led to tech-hub designation
DeWITT — As he announced the $40 million federal grant for the NY SMART I-Corridor tech hub on July 2, U.S. Senate Majority Leader Chuck Schumer (D–N.Y.) thanked all three cities involved — Buffalo, Rochester, and Syracuse. “For the first time in decades, we’re seeing a shift, not just in the manufacturing landscape but [in]
Lockheed Martin’s suburban Syracuse plant wins $81M contract modification for radar system
SALINA — Lockheed Martin Rotary and Mission Systems in Salina has been awarded a nearly $81.3 million modification to exercise an option to a previously awarded U.S. Air Force contract for the Three-Dimensional Expeditionary Long-Range Radar (3DELRR) system. This contract adjustment provides for the exercise of options for four 3DELRR radars, and associated production management,
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