ROME, N.Y. — A firm from Ithaca captured the grand prize of $150,000 during the Demo Day event for the HUSTLE Defense Accelerator at the Griffiss Institute in Rome.
HUSTLE stands for Helping Upstate Science and Technology Leaders and Entrepreneurs. EMPEQ, the grand prize winner, is short for Empower Equity, Inc.
Per its website, “EMPEQ’S Fast Site Survey makes detailed, accurate on-site building data capture as easy as a click of your smartphone’s camera.”
(Sponsored)
The Importance of a Quality of Earnings Study
Are you planning to buy a business or sell your own business? If yes, then it is highly recommended to get a Quality of Earnings (QoE) study done. A QoE
Can a Generative AI Use Policy for the Workplace Help Protect Sensitive Data?
Artificial intelligence is a buzzword for many industries. It has good and bad effects on the future of creating content, finding information, and other uses. So, what does this mean
Besides EMPEQ, Paterson Aerospace Systems and BosonQ Psi were both awarded $100,000, and Accessible Automation and Drone City each secured $50,000 investments, according to a Griffiss Institute news release.
Accessible Automation is located in Verona. Drone City has a lab in Haverstraw in Rockland County and a mailing address in New York City, per its website.
Paterson Aerospace Systems is located in Wilmington, Delaware, per its LinkedIn page. BosonQ Psi is headquartered in Buffalo.
They were among eight tech companies that completed the HUSTLE Defense Accelerator. The Demo Day was held Aug. 17.
Griffiss Institute’s HUSTLE Defense Accelerator is a 12-week training academy for seed-stage tech startups focused on artificial intelligence, machine learning, cybersecurity, quantum science, and unmanned aircraft system products. Eight startups were chosen to pitch for HUSTLE Demo Day because of their “validated potential to elevate U.S. national security and economic competitiveness,” the release stated.
The program has the support of the Air Force Research Laboratory (AFRL), New York State’s Empire State Development (ESD), and National Grid.
“I am thrilled to congratulate the eight diverse and extraordinary teams who have built dynamic tech companies developing national security solutions, and who worked hard to complete the HUSTLE program with us this summer,” Heather Hage, president & CEO of Griffiss Institute, said. “We look forward to continuing to support their journeys to grow strong and healthy companies in the Mohawk Valley, and believe they will all go on to accomplish great things.”
