Vol. 4 No. 24; June 26, 2016

 

Drones In Cape May, Lean Startup In Montclair, New Meetup In Clinton

• In Cape May, a number of institutions including the United Nations, the American Red Cross, NJII and Newark-based tech startup Luftronix, came together to demonstrate the first FAA sanctioned U.S. ship-to-shore drone delivery.

• The groups, working with doctors from Johns Hopkins, simulated sending medical supplies out to a barge in the ocean using a drone from Nevada-based drone delivery startup Flirtey.
• The ship-to-shore demonstration came off without a hitch, despite high winds and choppy seas.

• Rutgers scientists demonstrated a drone they developed that can fly and then go underwater, which they said was a first-of-its-kind engineering accomplishment.
• Luftronix unveiled its precision navigation indoor drone technology which it hopes will be used for aircraft inspections.

• Flying its drone inside a hangar that is now the Naval Air Station Wildwood Aviation Museum, Luftronix noted that it had discovered corrosion on the bottom of an old World War II airplane.
• The Lean Startup approach to founding companies was the topic of discussion at a Launch NJ presentation on June 23 at Montclair State University.

• Startups have to learn as much as possible about prospective customers' need for their products before spending any more time and money on product development, speakers said.
• This will help minimize the problem of launching a product that has little or no market demand.
• The Hunterdon Tech Meetup held its inaugural meeting at The Office Mill coworking space in Clinton.
• Housed in a charming old building, The Office Mill has a view of the river that runs through Clinton as well as the waterfall.

• Aiko Thurlow, founder of ToolMuse, discussed the "Startup Toolbox," a set of her favorite apps, extensions and add-ins for increasing productivity.
• She also explained how they worked.
• Almost everyone in the room knew some of the apps such as Evernote and Slack that she discussed, but there were many other time-savers and organizational tools that most people had never tried.  

Deadlines / Events:

• Rising Tide Capital's Start Something Challenge deadline is June 27.
• The Fall 2016 Founders & Funders Event is Oct. 26. Applications are open now. The NJ EDA reminds startups that spots fill up quickly.
• The NJTC is accepting nominations for its annual awards program in the fall. Deadline is Aug. 8.
• Technology Business Support Initiative and the NJIT EDC present "Financial Modeling Essentials for Raising Capital" June 27.
• Jet Technology meetup is presenting a talk on inefficiencies of .NET CLR JIT compilers with Dr. Daniel Egloff June 27.
• Greater Newark Enterprise Corp. hosts its "2016 Annual Opportunities Awards Breakfast" June 29.
• GNEC presents an all-day workshop on pricing venture investments July 11.
• The NJ Tech Meetup July 12 at Newark Venture Partners' office in Newark will feature Gerard Adams, founder of EliteDaily.
• The NJ Tech Council holds its annual meeting July 14.
• Looking for programming talent? Rutgers Coding Bootcamp Demo Day Expo is taking place July 27.
• The Biopharma Research Council's meeting on the internet of medical things and cybersecurity for connected devices is July 28.
• For additional events, please check our Events Page.

 

Juniper OpenLab In Bridgewater Expands Its Reach Globally

By Esther Surden
  Juniper Networks announced that it’s going to open six new OpenLab sites worldwide—in Sunnyvale, Calif., Amsterdam; London, Tokyo, Singapore, and Sydney. These new sites, modeled after the company's New Brunswick location, are expected to be in operation by the end of 2016. More.

 

NJ TECH CORNER: Synchronoss Technologies

By Marc Weinstein
  NJTechWeekly.com is pleased to announce the introduction of a new feature called NJ Tech Corner. Each month, we will feature a publicly held tech company. More.
 

At Launch NJ, Details Of Building A Crowdfunding Campaign Come Into Focus

By Esther Surden
 
At a Launch NJ event on crowdfunding on May 31, Jason Vitug, CEO and founder of Phroogal (Elizabeth), and Richard J. Colosimo, attorney at OlenderFeldman (Summit), helped attendees decide if they were good candidates for this fund-raising method. More.

Startup Roundup: MobileArq And DriveWealth

By Esther Surden
 
MobileArq (Summit) is starting a summer program for high school seniors. We also recap an NJ Tech Meetup presentation from DriveWealth, an N.J. fintech startup that offers a way for people to purchase fractional shares of stock. More.
 

Opinion: Waterfront Ventures Conference Just First Step In Emerging Camden Tech Startup Scene

By Johnathan Grzybowski
  When a Camden-based nonprofit called “Waterfront Ventures” decided to host a startup conference to raise awareness of the Camden waterfront among entrepreneurs and other businesspeople, it had no idea that it would receive such a big response. More.

Additional Articles:

Opinion: Bell Works “Shores Up” Tenants For Potential Resurgence Of Tech Innovation Hub In Holmdel By Esther Surden
Christie Creates New Cabinet Post To Protect NJ From Cyber Attacks By Matt Arco / NJ.com