Tuesday, October 9, 2018

Enterprise Park at Calverton Garners Aerospace Industry Support


A real estate MBA graduate of Columbia University in NY, Stuart Bienenstock engages with the internationally networked Triple Five Group as business development director. With an emphasis on aviation and aerospace, Stuart Bienenstock has been integrally involved in plans to develop the Enterprise Park at Calverton (EPCAL) in Riverhead, NY.

As reported in the Riverhead News, the proposed research center will focus on aviation technology and serve to move the Long Island region closer to the forefront of an industry it once led. A core component of this vision has been Luminati Aerospace, which is developing wind and solar-powered unmanned aerial vehicles that travel at high altitudes and would have perpetual flight capabilities. 

Mr. Bienenstock emphasized at a Riverhead public hearing in March 2018 that the entity Calverton Aviation and Technology (CAT), which is driving the EPCAL land acquisition, would seek to create a diversified corporate base at EPCAL. 

Companies that have expressed strong interest in using the facility include Sci-Max Technology, CPC, Launcher, which is currently based at the Brooklyn Navy Yard’s incubator lab and is creating rockets able to launch miniaturized satellites into orbit. Launcher has a testing site set up currently in Calverton that Triple Five has been instrumental in facilitating.

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