socalTECH
JANUARY 5, 2022
Aypa Power, an energy storage company owned by private equity firm Blackstone, said it is acquiring a 120MW standalone battery energy storage project in downtown Los Angeles. The project is expected to reach commercial operations in 2024. Financial details of the deal were not announced.
TechCrunch LA
FEBRUARY 17, 2020
Rocket Lab will play a key role in NASA’s Artemis program, which aims to get humans back to the surface of the Moon by 2024. Satellite internet startup Astranis has raised a $90 million Series B funding round, which includes a mix of equity ($40 million) and debt facility ($50 million). Astranis raises $90 million.
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TechCrunch LA
FEBRUARY 23, 2021
Archer Aviation, the electric aircraft startup that recently announced a deal to go public via a merger with a blank-check company, plans to launch a network of its urban air taxis in Los Angeles by 2024. United Airlines, which has a major hub in Los Angeles, was one of the investors in the deal.
TechCrunch LA
APRIL 6, 2020
As part of the program, up to 30-minute rides will be free for members of critical workforces through April 30 in Austin, Denver, Los Angeles, the Washington D.C. Spin, which began offering this on April 1, is making this available in Baltimore, Denver, Detroit, Los Angeles, Portland, San Francisco, Tampa and Washington, D.C.
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