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Citadel Defense Lands New DoD Contract, Worth $5M

socalTECH

San Diego-based drone security systems developer Citadel Defense reported on Tuesday that it has snagged a new contract, from the U.S. According to the company, it received the new contract award as an urgent, follow-on award to protect servicemen and servicewomen from small drone threats.

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Cytori Gets $106M Contract Award

socalTECH

San Diego-based Cytori Therapeutics , a developer of cell therapy products aimed at treating cardiovascular disease and repairing soft tissue, said today that it has been awarded a contact worth up to $106M. The contract came from the U.S. READ MORE>>.

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Canoo, the electric vehicle startup formed from Faraday Future’s ashes, seeks $200 million

TechCrunch LA

Canoo is locking in final contracts with its vendors and is going to be in production with prototypes before the end of the year. Initially, Canoo will target customers in Los Angeles and the Bay Area, with additional plans to expand to San Diego and Seattle when the company brings its commercial vehicles to market in 2021.

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PowerGenix In Evaluation With Offroad Products Firm HELLA

socalTECH

San Diego-based advanced battery technology developer PowerGenix said today that it has signed a product evaluation contract with offroad products manufacturer HELLA. Financial impact of the deal was not announced. Financial impact of the deal was not announced.

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ViaSat Wins $49.3M In IP Lawsuit

socalTECH

Carlsbad-based ViaSat , which develops satellite communications and other wireless networking technology, has been awarded $49.3M Specifically, Viasat said the award came from Acacia's breach of contract and unauthorized use of its soft decision forward error correction (SDFEC) technology. in a lawsuit against Acacia Communications.

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HardTech Labs Launches Cross-Border Hardware Accelerator

socalTECH

Do you have a hardware product you''d like to bring to market and scale? A new, cross-border startup accelerator-- HardTech Labs --said yesterday that it has launched a new, startup accelerator aimed at helping hardware companies take their companies to full production. READ MORE>>.

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Advantar Laboratories In Deal With NextPharma

socalTECH

San Diego-based Advantar Laboratories , a provider of contract laboratory services to the drug development industry, has signed an agreement with UK-based firm NextPharma Technologies, a pharmaceutical product development, contract manufacturing, and outsourcing service.