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The merger came down to having an opportunity to combine teams and leverage the strengths of both. SystemArchitecture built its model with the intention to expand.
The recommendation by the Maine Governor’s Energy Office said the storage would provide grid resilience and lower electricity costs. It would also take advantage of federal incentives and further the state’s clean energy goals.
Some Maine companies bulked up through acquisitions, while others were targets for buyers.
The group, whose 21 members will be announced in coming weeks, will start meeting in January to examine the opportunities and implications of AI for Maine's people, economy and institutions.
Maine businesses had their share of rough patches in 2024.
From clam chowder beer for April 1 to an AI mouse, here are some unusual stories that we relished writing this year.
Here is a curated collection of snippets from interviews with business and nonprofit movers and shakers published in 2024.
David Tse, co-founder and CEO of the mobile app for electrical vehicle drivers, is leaving the door open for another entrepreneurial venture.
Mainebiz spoke with Maine leaders about today’s banking environment, customer preferences and bank strategy. Here’s what they had to say.
Out of 20 people on staff at CourseStorm, an Orono-based provider of class registration and marketing software, there’s no chief financial officer.
The company says its goal is to provide 'next-generation AI to simplify the internet and give individuals agency online.' The underlying message: Treat my digital person with respect.
Funds will go toward hiring for positions that will provide services such as digital skills training and to develop “connectivity hub” programs for youth.
The partnership of New England universities could receive up to $15 million from the federal government to advance entrepreneurship, workforce development and economic growth.
From biofuel to genetic testing to boatbuilding, 48 technology-driven companies received a total of $7 million in state grants to create jobs and strengthen the innovation economy.
New businesses range from niche practices to disruptive technology startups. One example is Brief, a platform that guides users through contracts without initial need for an attorney.
The platform offers five levels, each designed to cater to specific needs.