The Calverton aerospace start-up announced commencement of operations at a public event Friday, in the absence of its previously heralded 'dream team' or the 'Team Stratos' it promised to introduce.
There are too many unanswered questions about the big land deal at the Calverton Enterprise Park.
Is EPCAL land deal stalled? Tensions flare as rival questions supervisor about status of Luminati deal
The 30-day deadline for coming to terms with Luminati Aerospace for the sale of land at the Calverton Enterprise Park has come and gone, but there is still no agreement “in principle” as contemplated by a letter of intent signed by the parties in April.
A local civic group leader has produced a website that takes aim at Riverhead Town’s efforts to sell the Calverton Enterprise Park and the resulting plans to sell the site to Luminati Aerospace.
Riverhead Supervisor Sean Walter said today he has signed the letter of intent with Luminati Aerospace for the sale of nearly all of the town’s remaining acreage at the Calverton Enterprise Park for $40 million.
Mega-drones that beam internet down to earth will be built in Riverhead; company meets with town officials
The drones Luminati will manufacture will have the ability to essentially “beam” wireless internet down onto earth from the stratosphere using infrared lasers.
12Page 2 of 2