Partnerships and influencers key to Brunswick esports startup’s growth

(From Mainebiz) MTI portfolio company, Omnic Data, has executed agreements with two professional esports teams, partnered with Boston-based Uptime Esports, and raised $750,000 in venture capital. The startup's AI platform uses proprietary algorithms to analyze gameplay video and extract performance metrics to enhance gaming and coaching strategies. Read more »

Bigelow Groundbreaking on $30 Million Expansion

(From The Lincoln County News) More than 200 people attended the recent expansion groundbreaking for Bigelow Laboratory for Ocean Sciences in East Boothbay. Over $30 million in private and public funds is expected to bring new educational programs, research positions, laboratories, and a 300-seat forum. The company previously received funding from MTI's MTAF program. Read more »

More technology coming to Maine

(From WMTW) DeepCharge selected Maine as its U.S. manufacturing base and has opened an office in Biddeford. DeepCharge is creating wireless charging technology using AI, that can transmute standard surfaces like desks or counters into wireless charging stations. The company received support and manufacturing investment from MTI. Read more »

Portland renewable power company enters deal with Shell on Mississippi River project

(From Portland Press Herald) Ocean Renewable Power Company (ORPC) is a global leader in renewable power systems that generate electricity from free-flowing river and tidal currents. The company recently signed a contract with Shell Technology – Marine Renewable Program for the purchase of two next-generation Modular RivGen devices. MTI has been a consistent funder and supporter of ORPC since its inception. Read more »

Maine Secures Prestigious “Tech Hub” Designation for Innovative Forest Bioproducts Development from Biden-Harris Administration

(From Technology Today) The Biden-Harris Administration has designated Maine's Forest Bioproducts Advanced Manufacturing Tech Hub as a Federal “Tech Hub” which positions Maine’s forest bioproducts sector for Federal investment and rapid growth. "MTI is honored to lead this impressive consortium of Maine partners engaged in government, industry, higher education, workforce, and economic development as we embark on this vital effort to further bolster our state’s reputation for manufacturing forest-derived, climate-friendly products,” said Brian Whitney, President of Maine Technology Institute. “We are incredibly grateful to the EDA for this coveted designation.” Read more »

Months into the job, E2Tech leader looks to boost organization’s brand

(From Mainebiz) E2Tech is a statewide organization which aims to grow Maine’s environmental, energy and clean technology sectors by facilitating networking and promoting economic development. The organization's new Executive Director, Eric Howard, is looking to expand its presence across the state. He also supports Maine's innovation economy by serving as an MTI Technology Board member. Read more »