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Technology

GrammaTech wins nearly $10M Navy contract modification for cyber technologies

ITHACA, N.Y. — GrammaTech Inc. was recently awarded an almost $9.85 million modification to a previously awarded contract from the U.S. Navy for the Matured, Enhanced Total Platform Cyber Protection (TPCP) technologies for Improved Security (METIS) effort.  The purpose of the METIS initiative is to build a fleet of relevant tools and capabilities based on […]

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Lockheed Martin

Lockheed Martin to pay Q3 dividend of $3 a share in late September

The Lockheed Martin Corp. (NYSE: LMT) board of directors has authorized a third-quarter, 2023 dividend of $3 per share. The dividend is payable on Sept. 22, to holders of record as of the close of business on Sept. 1. At Lockheed’s current stock price, the dividend yields about 2.6 percent on an annual basis.  Lockheed

Wolfspeed secures financing for expansion efforts

MARCY, N.Y. — Silicon-carbide technology company Wolfspeed, Inc., (NYSE: WOLF) recently announced it has secured $1.25 billion in financing, with an accordion feature for up to an additional $750 million, from an investment group led by Apollo (NYSE: APO). The financing supports Wolfspeed’s efforts to ramp up production and expand as it works toward a

5 teams selected for Medical Device Innovation Challenge

SYRACUSE, N.Y. — Upstate Medical University’s CNY Biotech Accelerator (CNYBAC) has selected five teams for its 2023 Medical Device Innovation Challenge (MDIC). The MDIC teams will participate in the Empire State Development (ESD) grant-supported program, which is now in its seventh year. The MDIC review committee, a select group of subject-matter experts, chooses the teams

Bassett, Hartwick partner on simulation lab for residents, nursing students

COOPERSTOWN, N.Y. — Bassett Healthcare Network and Hartwick College are launching joint simulation labs for first-year Bassett residents and nursing students. It marks the first time Bassett residents are partnering with Hartwick nursing students in simulation labs. A total of 23 first-year resident physicians from Bassett Medical Center graduate medical education programs will work with

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