Browse by

FAA OKs Cumberland firm's use of drones

Cumberland-based firm Sevee & Maher Engineers said it was recently granted an exemption by federal regulators to use an unmanned aerial vehicle for commercial...

Atlanta company to buy Presque Isle TV station

Atlanta-based Gray Television Inc. has reached an agreement to buy WAGM-TV in Presque Isle for $10.25 million, calling it one of the most watched local television stations in the...

MTI, CEI partner for new loan program

The Maine Technology Institute and Coastal Enterprises Inc. (CEI) have partnered for a new loan program that seeks to address cash flow issues for Maine companies that receive...

Blue Hill-based Hydro-Photon raises $3M

Lori Valigra |

Hydro-Photon Inc., a Blue Hill developer of ultraviolet technology for portable devices that can purify drinking water, has raised $3 million of a $4 million equity offering,...

Google contest chooses Orono startup as finalist

Google has named the CEO of Orono-based Cerahelix as a finalist in the technology giant’s "Solve for X," a worldwide competition aimed at solving global...

Lawsuit against Argo could stifle Lewiston project

A legal dispute between Argo Marketing and its former landlord could put a halt on a luxury apartments development being proposed by the company’s founder and CEO.

Contract may spur hiring spree at Caribou firm

Virtual Managed Solutions, a software support and IT company in Caribou, may hire an extra 65 to 100 employees by next year if a new contract with a client works out.

Navigating fed funding takes startup moxie

Lori Valigra |

A $2.6 billion jackpot for early stage R&D funding from 11 federal agencies plus their related institutes seems too good to pass up, but applying for the money isn’t for...

Rural farmers rally behind Internet bill

A bill seeking to expand universal broadband and high-speed Internet into the 6% of the state with spotty or no service has gained support from rural farmers struggling to keep...

Entrepreneurs, funders to meet at ‘matchmaking’ event

Top Gun entrepreneurs from 35 companies plan to meet with potential funders from across the state in a "speed dating" type of format this Thursday at the new