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SpaceX Wins Award To Send Probe To Study Black Holes

socalTECH

contract to launch a NASA probe to study black holes and neutron stars. The mission is expected to launch from Florida in April of 2021, from the SpaceX Launch Complex 39A. Hawthorne, California-based SpaceX has scored a $50.3M The first image ever of a black hole, captured by NASA telescopes back in April READ MORE>>.

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Bird Claims Economic, Gasoline Savings

socalTECH

Los Angeles-based, shared scooter and bicycle rental service Bird has put out some numbers this morning, saying that use of its service has contributed an estimated $100M in incremental spending at local businesses in 2021, and saved an estimated 1.1 million gallons of gasoline.

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What Does the Post Crash VC Market Look Like?

Both Sides of the Table

Should SaaS companies trade at a 24x Enterprise Value (EV) to Next Twelve Month (NTM) Revenue multiple as they did in November 2021? But it will be patiently deployed, waiting for a cohort of founders who aren’t artificially clinging to 2021 valuation metrics. By 2021 we had to write a $3.5m How Does the Industry Really Work?

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Why 2020 Is Pivotal for Microbiome Drug R&D (Or Maybe 2021, Given COVID-19)

Xconomy

Given the number of late-stage and mid-stage studies expected to report data in 2020—assuming they stay on track amid the COVID-19 pandemic—this could be a pivotal year for the field, said Isabelle de Cremoux, CEO and managing partner of Seventure Partners.

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Entering the Japanese Market

SoCal Tech Calendar

Thursday, August 12, 2021 -- Entering the Japanese Market by Partnering With The Japan External Trade Organization (JETRO). Biocom California. Please join Biocom Los Angeles and the Japan External Trade Organization (JETRO) for a virtual webinar to learn how Life Science companies in the Greater LA area can enter the Japanese market.

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Amazon Studios To Continue Diversity Program With Howard University

socalTECH

The program is intended to create a pipeline for African-American students and other underrepresented populations to train and study alongside entertainment executives. Amazon said that applications for the program open on Monday, September 28th, with the program set to restart in January of 2021.

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Micromobility in limbo: Takeaways from Paris and LA

TechCrunch LA

In 2021, over 1.2 One study from 2021 found that e-scooter users in Paris are mainly men aged 18 to 29, have a high educational level, and usually jump on a scooter for travel time savings. Most riders (72%) in the study said they shifted from walking and public transportation, not cars. million car trips.