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MSBAI Snags $1M Contract From USAF

socalTECH

Los Angeles-based startup MSBAI, which is developing artificial intelligence tools for assisting in engineering reports it has received a $1M US Air Force grant. MSBAI was part of the Air Force Techstars 2020 program. MSBAI is led by CEO Allan Grosvenor.

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Uber Plans Flying Taxis In Los Angeles By 2020

socalTECH

On-demand ridesharing service Uber hopes to bring flying taxis to Los Angeles by 2020, the company said this morning, and has just signed a contract with the U.S. National Aeronautical and Space Administration (NASA) on software that would help support those flying taxi efforts. READ MORE>>.

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AeroVironment Wins $8.5M Military Contract

socalTECH

Monrovia, California-based AeroVironment , which develops unmanned aerial vehicles, said late Monday that it has received a $8.5M military sales contract from an un-named, U.S. The company said those unmanned aircraft are expected to be delivered in June of 2020. According to AeroVironment, the $8,584,734 firm-fixed-price U.S.

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AeroVironment Wins $45M Contract From U.S. Army

socalTECH

Simi Valley-based AeroVironment , which develops unmanned aerial vehicles for the defense market, has scored a $45M contract award from the U.S. AeroVironment said the contract came from the United States Army for its Security Force Assistance Brigades (SFAB), and will go towards supporting the U.S. READ MORE>>.

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ChargerHelp raises $2.75M to keep EV chargers working

TechCrunch LA

This round values the startup, which was founded in January 2020, at $11 million post-money. ” In January 2020, Terry quit her job and started ChargerHelp. The newly minted founder joined the Los Angeles Cleantech Incubator , where she developed a curriculum to teach people how to repair EV chargers. Hiring approach.

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Dreaming of Mars, the startup Relativity Space gets its first launch site on Earth

TechCrunch LA

Now, more than $35 million dollars later , the company has been awarded a multi-year contract to build and operate its own rocket launch facilities at Cape Canaveral Air Force Station in Florida. That contract, awarded by The 45th Space Wing of the Air Force, is the first direct agreement the U.S. space and missile defense program.

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9 Success Principles To Propel Your Next New Venture

Startup Professionals Musings

Facilitate rapid growth through contracted resources. In this age of the gig-economy, you can more quickly hire and manage freelancers, contract workers, and contract operations. Every new business has unexpected pivots and adjustments, and outsourcing is easier to manage. It’s a big step, but you can do it.