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ICEYE Scores Contract From NRO

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Irvine-based ICEYE, a satellite developer which is launching a constellation of satellites to monitor the earth using radar, says it has received a contract from the National Reconnaissance Officer (NRO). According to ICEYE, the contract will enable it to participate in the NRO's evaluation of commercial, remote sensing companies operating synthetic aperture radar (SAR) satellites.

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NextCar Offers Up Tesla Model 3 Subscription

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Santa Monica-based NextCar Holding Company (NXCR), the vehicle subscription company led by auto- and tech-veterans Scott Painter and George Bauer, said late Thursday that the company has launched a new, Tesla Model 3 EV subscription program through its new, consumer brand called Autonomy. NextCar recently made an $83M acquisition of the Autonomy brand, Autonomy.com, and related trademarks and brand IP.

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Filmhub Finds $6.8M For Film Streaming

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Los Angeles-based streaming startup Filmhub, a startup which helps independent filmmakers with online streaming, has raised $6.8M in a seed funding round, the company said this week. The funding was led by a16z, and also included 8VC, FundersClub, Eleven Prime and angels. The company helps independent filmmakers with distribution of their content via streaming platforms, via a 80/20 revenue split model.

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TrueCar Sets Product Head

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Santa Monica-based TrueCar, which operates an online marketplace for autos, said that it has named Rich DiStefano to Senior Vice President of Product. DiStefano previously has served at such companies as Walmart, Hilton, Ticketmaster, Live Nation, and Match.com. The company said that DiStefano will report to President and CEO Mike Darrow.

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Games & Esports Experience Acquisition Corp. Raises $175M In IPO

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Los Angeles-based Games & Esports Experience Acquisition Corp., a newly formed special purpose acquisition company (SPAC), says it is raising $175M in an intial public offering (IPO). The company is offering up 17,500,000 units of its stock at $10.00 per unit. The company began trading on Thursday on the Nasdaq Global Market under the ticker symbol GEEXU.

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The Boring Company Gets Nod On Las Vegas Transportation System

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Los Angeles-based The Boring Company has just received approval from Clark County, Nevada, for its plans to create an underground transportation system that will connect the Las Vegas Strip, Allegiant Stadium, and the University of Nevada, Las Vegas. The project is expected to stretch 29 miles and will have 51 stations.

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Miso Robotics Tests New Product For Buffalo Wild Wings

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Los Angeles-based food service robot developer Miso Robotics announced this morning that it has rolled out a new product line, called Flippy Wings, which automatically fries chicken wings. The company said the new "robotic chicken wing frying solution" was specifically designed for partner Inspire Brands, which owns Buffalo Wild Wings. According to Miso Robotics, Buffalo Wild Wings began testing its new products this fall; it's unclear if or when the wing chain will roll out the product, however