Gorham microwave firm unveils North Carolina acquisition

(From Mainebiz) Gorham-based holding company, Microwave Techniques LLC - created from a merger between Mega Industries, of Gorham, and Ferrite Microwave Technologies of Nashua, N.H. - acquired all of the assets and intellectual property of Industrial Microwave Systems LLC, in Raleigh, N.C. Read more »

No slouch of a design

(From Green & Healthy Maine Homes) Geoffrey Warner, Founder of Owl Furniture, is taking the handcrafted Owl Stool to a new level - mass production with a seat comprised of postconsumer plastics. MTI awarded the Deer Isle-based company a $15,000 grant for research and development which resulted in the ErgoPro Owl. Read more »

Mills visits bluShift Aerospace in Brunswick

(From News Center Maine) To help highlight Maine's economic recovery plan Governor Mills recently visited Brunswick-based bluShift Aerospace, which develops bio-fuel powered rockets. The company received guidance through MTI's Technical Assistance Program team, as well as grant support from MTI. Read more »

VETRO Inc. raises $12M to scale broadband mapping SaaS platform

(From Maine Startups Insider) VETRO Inc. recently raised $12 million to capitalize on a growing international market for broadband services. VETRO FiberMap is a cloud-based software-as-a-service platform designed for internet service providers and telecom companies. MTI was an early investor in the Portland-based company. Read more »