Technology
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Towerstream posts $4.8M net loss in 2Q
Towerstream Corp. posted a $4.8 million, or 9 cents per share, net loss during the three months ended June 30 compared with a net loss of $812,000, or 2 cents per share, during the same period in 2011. more
Crime lab receives $200K to clear DNA sample backlog
Rhode Island will receive a $200,000 federal grant to help reduce the backlog of unprocessed DNA samples at the R.I. Department of Health’s Forensic Sciences Laboratory, U.S. Sens Jack Reed and Sheldon Whitehouse announced Wednesday. more
NIST discusses the future of U.S. manufacturing at RISD
Bridging the gap between cutting edge research and new commercial applications is central to America’s future in advanced manufacturing, the director of a new federal manufacturing initiative told industry and government leaders gathered at the Rhode Island School of Design on Tuesday morning. more
R.I. companies make Inc. Magazine’s 2011 fastest-growing companies list
Fifteen Rhode Island companies and seven in neighboring Bristol County, Mass., made Inc. Magazine’s 2011 ranking of the fastest-growing private companies in America. more
Covidien opens $45M R&D facility in China
Medical technology maker Covidien Ltd. has officially opened its Shanghai-based research and development facility, the China Technology Center, the company announced Thursday. more
Maternova acquires Impact Review
Maternova Inc., a women-owned startup founded by Meg Wirth and focused on solutions for dealing with maternal mortality, has acquired Impact Review, the company announced Monday. more
Lucidux lands $250K from Slater fund
Medical imaging innovator Lucidux LLC has landed a $250,000 investment from public venture capital firm Slater Technology Fund. more
Covidien earnings fall in 3Q
Medical technology maker Covidien Plc. reported third quarter earnings of $453 million, or 93 cents per diluted share, a drop of 15.3 percent from the $535 million, or $1.07 per diluted share reported during the same period in 2011. more
| 7/27/12
GTECH revenues surge 24% in 2Q
Lottomatica Group S.p.A. reported a 24 percent surge in revenue during the second quarter for its Providence-based subsidiary GTECH Corp. more
R.I. buildings enter energy competition
More than 3,200 buildings across the country, including 22 from the Ocean State, are competing in the U.S. Environmental Protection Agency’s 2012 National Building Competition: Battle of the Buildings. more
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