SUNY Poly startup's goal: develop chips for the next generation of electric vehicles:
https://www.bizjournals.com/albany/n...ctor-chip.html
From the article: "NoMIS Power Group, a new startup born at SUNY Poly, is developing a power semiconductor chip meant to increase efficiencies in the next generation of electric-powered vehicles and more.
Unlike the chips used in low-voltage applications like cellphones and laptops, the power chips are capable of processing and controlling higher voltages needed for applications like electric vehicles, EV fast-chargers, subways, airplanes and large industrial motors, said co-founder and CEO Adam Morgan.
"The overall trend is everything is getting electrified, from consumer products like the vehicles, to even industrial products. They're all having to move into the electrical space because it's a more efficient approach to processing the energy and controlling it to use in their applications,†Morgan said. “We know that we have to reduce greenhouse gases and CO2 emissions, so our company is looking at providing and enabling a semiconductor-based electronic solution.â€
Scannell project could bring up to 3.5 million square feet of construction to Luther Forest(snippet):
https://www.bizjournals.com/albany/n...er-forest.html
More...Developer plans massive Malta project that could bring 2,500 jobs:
https://wnyt.com/saratoga-county-ny-...malta/5971484/
Well-known investors water Ellicottville Greens with $1M in growth funding:
https://www.bizjournals.com/buffalo/...1-million.html
From the article: "Ellicottville Greens continues to push forward on its ambition with $1 million in new funding, led by well-known local investors.
The Series A round of funding will support construction of mobile vertical farming facilities, built inside reused shipping containers, along with the acquisition of Vertical Fresh Farms, an established indoor farming operation in Buffalo.
It is a natural progression for the company, which was founded in 2018 by Sal LaTorre and Gabe Bialkowski and seeks to take advantage of the national consumer drift toward locally grown, organic produce.
“We decided to go after a new round of funding because we have a lot more demand coming in than we have capacity to grow right now,†Bialkowski said. “We are focusing on growing the product and sales and that will help define everything else.â€
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