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Venice-based virtual reality software company Specular Theory Inc. million contract with the Defense Department to expand development of its training products for the Air Force. secured a $4.5
And that should be the focus of the founders -- to find the special fit that will make your company take off. When I talk with early-stage companies, often the discussion starts with them asking me about Hiring a CTO for Your Startup , or Finding a Technical Cofounder for Your Startup or How to Find Programmers for Your Startup.
If you have a software development background like mine, I’m sure you often get questions about when to outsource, versus building the solution in-house. Outsourcing is defined as contracting the work to another company, usually located in a developing country, like India, China, or Eastern Europe.
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.
Structure developmentcontracts appropriately or directing the in-house team appropriately. Look at the business and determine what's going to make sense from a development perspective in the short-term, longer-term. They were making some significant choices that were going to have lasting impact on their company.
If you have a software development background like mine, I’m sure you often get questions about when to outsource, versus building the solution in-house. Outsourcing is defined as contracting the work to another company, usually located in a developing country, like India, China, or Eastern Europe.
Goleta-based Resonant , which develops technology used for filters for radio frequency (RF) front ends, reported a win in Europe, via its Swiss subsidiary, GVR Trade SA. The company said that it signed a contract with EuroStars to fund a multi-year project for the development of sensors for new medical applications.
So when I meet with GRP portfolio companies that do enterprise sales I try to emphasize the following: 1. But you do need to be sure your company doesn’t just become the internal R&D department for a large corporation. If not specified in contract you might find yourself with future litigation over IP.
The CTO / Lead Architect - If you want to build a great technology company, you’ll need a “rockstar&# engineering lead. So I believe that every great technology startup has the technology visionary inside the company. They often aren’t great at planning development work. Let’s start with the basics.
Carlsbad-based Metawave, a developer of radar equipment, says it has been awarded a contract from the United States Air Force (USAF) to modify its radar systems for next generation, autonomous "flying cars". Size of the contract was not announced by the company.
Mojave-based Virgin Orbit , the Richard Branson-backed space launch startup which spun out of Virgin Galactic, said on Thursday afternoon that it has received a contract from the U.S. Financial details of the defense contract were not announced. Department of Defense. defense and intelligence community.
Santa Ana-based Iteris , which develops products used in transportation management, reports that it has been awarded $1M in a contract in the City of Round Rock, Texas. According to Iteris, the company's products will be used for a smart mobility initiative. Round Rock is the city where Dell Computer is headquartered.
San Diego-based high performance computing technology developer MemComputing says it has scored a Phase I Small Business Innovation Research (SBIR) contract from the National Aeronautics and Space Administration (NASA). Size of that SBIR contract was not nnounced.
Simi Valley-based unmanned aircraft systems developer Aerovironment says it has received a $21M contract option, from the U.S. According to AeroVironment, the award is part of the first of three options under a sole source, Flight Control Systems (FCS) small UAS contract, which it annoucned earlier. READ MORE>>.
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.
Hawthorne, California-based SpaceX has received a new, $149M contract to help develop new, missile tracking satellites for the U.S. Department of Defense, part of two contracts awarded by the DoD to improve its capabilities. The award was through the Pentagon's Space Development Agency.
Monrovia-based unmanned aircraft systems developer AeroVironment reports that it has received a big, $44.5M contract for its Puma II AE platform, with an un-nnamed, major country in the Middle East. According to Aerovironment, the deal is the largest-ever international contract for the company. READ MORE>>.
Los Angeles-based medical device developer Neural Analytics reported a win with the U.S. Defense Department this morning, saying it has received a $10M contract from the U.S. Army to developer a portable device to assess combat-related traumatic brain injury (TBI). According to the company, the contract was awarded by the U.S.
Santa Monica-based drone software developer AirMap reports that it has won a contract from the US Air Force. According to AirMap, it has been awarded a contract to provide unmanned aircraft system (UAS) traffic management (UTM) services to the United States Air Force (USAF)'s Agility Prime program. READ MORE>>.
San Diego-based high performance computing (HPC) technology developer MemComputing says it has received two, Air Force Phase I Small Business Innovation Research (SBIR) contracts. Size of the contracts were not announced. MemComputing is led by CEO John Beane.
Goleta-based Transphorm , which develops high voltage, Gallium Nitride (GaN) semiconductors, has received $18.5M in a contract from the U.S. base contract with the company, which will go to establish a domestic source of Gallium Nitride epiwafers. Office of Naval Research (ONR). option on an existing $2.6M
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). Financial details of the contract were not announced.
El Segundo-based space thruster developer Phase Four says it has won a U.S. Space Force contract, as a result of its participation at the SpaceWERX Pitch Day. According to the company, the contract calls for the company to use a US air force developed propellant and its radio-frequency thruster in a demonstration effort.
Santa Ana-based traffic and mobility management systems developer Iteris reported this morning that it has scored a subcontract win, part of a $2.4M The company said it will deploy its products as part of a statewide intelligent transportation system (ITS) maintenance sub-contract. The company did not say how much of that $2.4
Air Force (USAF), to develop a data radio for the USAF. The size of the contract was not announced. The company said the component is used for providing ground-to-air and air-to-ground communications. San Diego-based Cubic Corporation announced this morning that it has scored a win with the U.S.
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.
Torrance-based weather sensor developer Intellisense Systems said this morning that it has been awarded a $4.89M contract from the U.S. Air Force, for the company's compact "Micro Weather Sensor" product. The company said its unattended, 3.5 The company said the sensor was originally developed for the U.S.
San Diego-based Citadel Defense, a developer of systems for defending against drone attacks, says it has secured $4M in new government contracts in June.
Abodu , one of a slew of startup companies pitching backyard homes and office spaces to Californians in an effort to help address the state’s housing shortage, has instituted a new “Quickship” program that can take an order from contract to construction and installation in about 30 days. trillion-dollar industry.
Los Angeles-based Relativity Space , which is in the midst of developing 3D printed rockets, has scored a launch contract from NASA, the company announced late last week. The company said it was awarded a Venture Class Launch Services Demonstration 2 (VCLS Demo 2) contract to place CubeSats into low Earth orbit.
Teledyne SeaBotix , the developer of underwater, remotely operated vehicles (ROVs) used by the U.S. military, said on Tuesday that it has been awarded a multi-million dollar, operational capability upgrade contract for the Department of Defense. Exactly amount of the upgrade contract was not announced.
Simi Valley-based AeroVironment , which develops unmanned aerial vehicles for the defense market, has scored a $45M contract award from the U.S. Army, the company said on Monday morning. The contract goes towards AeroVironment's RQ-11B Raven small, unmanned aircraft systems. READ MORE>>.
Less than a month after rebranding as Canoo , the startup electric vehicle company formerly known as Evelozcity is on the hunt for $200 million in new capital. Canoo is locking in final contracts with its vendors and is going to be in production with prototypes before the end of the year. Canoo began life as EVelozcity back in 2017.
Pasadena-based Green Dot , the provider of prepaid Mastercard and mobile banking services, said today that it has opened up a new office in Shanghai, China, which will provide engineering and software development resources to the company. According to Green Dot, it officially opened up Green Dot Shanghai Software Technology Co.
Carlsbad-based MaintenanceNet , which develops software used to manage maintenance and service contracts, announced Wednesday that it has raised a round of growth equity from private equity company Kayne Anderson Capital Advisors. maintenancenet private equtiy funding software growth service contract' READ MORE>>.
Chris Lorenz, Geoffrey Anderson, and James Borow may have spent their days over the past few years working at Snap, but on nights and weekends Anderson and Lorenz were laboring on a different project — improving Ethereum development tools. . “We were really working on scalability testing.” ” .” ”
Los Angeles-based artificial intelligence (AI) software developer Eyenuk said this morning that it has fulfilled a contract it had been awarded by Public Health England (PHE).
Simi Valley-based unmanned aircraft systems developer Aerovironment reported a $5.9M contract win this week, saying it signed a deal to deliver its Puma 3 AE aircraft systems to a European allied nation. According to the company, the contact came in the form of a U.S.
Helped merge company with Seedling – on track to do $20 million combined revenue in 2015 – will now become Chairman). Having been at Battery Ventures for 5 years earlier in her career has given her the investor vantage point and years of seeing booming markets and contracting ones. And the contractions always come back.
in a bid to accelerate the company''s development of a treatment for Ebola, the U.S. in an 18-month contract with Mapp Biopharmaceutical, with a possible extension of the contract to up to $42.3M. Mapp Biopharmaceuticals develops ZMapp, one of the potential treatments for Ebola. READ MORE>>.
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. The new startup accelerator is led by Derek Footer, and said it plans to run three classes a year of up to 30 companies per class.
And since attorneys are paid to protect, often they will give a litany of warnings about what could go wrong when accepting a contract clause that they have been trained to challenge. The attorney held fast defending every challenge, stating that “these terms are standard for our client and cannot be changed.”
Long Beach-based SpinLaunch , a space launch services provider which recently relocated from Silicon Valley to Long Beach, reported on Wednesday that it has been awarded a launch prototype contract from the Department of Defense (DOD). Size of that new contract was not announced. READ MORE>>.
San Diego-based defense systems developer Cubic said this morning that its Cubic Global Defense (CGD) unit has scored a $200M, five year, cost plus fixed fee contract with the U.S. The company said the contract covers research and evaluation of warfighter readiness and training. Air Force Research Laboratory (AFRL).
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