Long Beach Reemerges as an Aerospace Hub
L.A. Business Journal
AUGUST 23, 2021
From startups to established titans, aerospace companies are expanding their presence in Long Beach.
Long Beach Accelerator Launches First Class
socalTECH
FEBRUARY 17, 2021
A new startup accelerator in Long Beach, the Long Beach Accelerator, said this week that it has launched its very first class of startups. The accelerator said the startups include three companies based in Long Beach, which will participate in a 3.5 The names of the startups were not announced.
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Electrify America Plans $25M EV Charging Investment In Long Beach
socalTECH
MAY 5, 2021
Electrify America, an electric vehicle (EV) charging infrastructure developer, says it plans to invest $25M in the Long Beach-Wilmington community, part of a larger $200M investment in California for zero emissions vehicles.
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Relativity Space Secures New HQ In Long Beach
socalTECH
MARCH 2, 2020
Los Angeles-based Relativity Space , which is venture backed by Bond, Tribe Capital, Playground Global, Y Combinator, Social Capital, Phillip Spector formerly of Intelsat, and Mark Cuban, says it has secured new headquarters space in Long Beach, where it will set up its business operations and manufacturing.
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Rocket Lab Expands In Long Beach, Ramps Hiring
socalTECH
JANUARY 14, 2020
Huntington Beach-based small satellite launch provider Rocket Lab said on Tuesday that it is expanding in Long Beach, with a new facility which will both be a corporate headquarters as well as a production complex.
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Long Beach To Gain New, 400MWh Energy Storage System
socalTECH
JUNE 27, 2019
The City of Long Beach will be the site of a new, 400 megawatt-hour battery-based energy storage system , as part of Southern California Edison's (SCE) support of California's clean energy efforts, according to power plant operator AES Alamitos.
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SpinLaunch Finds $35M For Orbital Launch Systems, Expansion In Long Beach
socalTECH
JANUARY 16, 2020
Long Beach-based SpinLaumch , a space startup working on oribal launch systems which use a kinetic launch system to deliver payloads into space from the ground using a mass acceleration system, has raised $35M more, the company said on Thursday afternoon. The new funding brings the startup's total funding to $80M.
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Local Aerospace Companies Play Major Roles in NASA’s Moon Missions
L.A. Business Journal
APRIL 19, 2021
Later this year, Long Beach-based rocket manufacturer Rocket Lab USA Inc. will attempt its first mission to the moon.
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241 Long Beach, BYD Motors Cancel Electric Bus Deal
socalTECH
MARCH 28, 2014
Chinese electric car and bus manufacturer BYD Motors said Thursday that it has agreed to mutually terminate a contract with the Long Beach Transportation Company , for ten electric buses for the city. The contract had been worth $12.1M; Long Beach is expected to reopen bidding on the contract.
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Virgin Galactic Sets Up New Location In Long Beach, Plans Hiring
socalTECH
FEBRUARY 13, 2015
Mojave-based Virgin Galactic has set up shop in a new location in Long Beach, saying Thursday that it has opened up a new, 150,000 square foot facility at Long Beach Airport, where it intends to fill a significant number of open positions at the company. READ MORE>>.
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100 The Bouqs Company Names New Board Member
socalTECH
OCTOBER 30, 2020
Marina del Rey-based The Bouqs Company , the direct, farm-to-consumer, online floral delivery service founded by John Tabis, said this week that it has named Rosemary Turner to the company's board of directors. The company said Turner is a veteran logistics leader, having served as president of UPS for 22 years. READ MORE>>.
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Crypto IRA Software Creator iTrustCapital Raises $125 Million
L.A. Business Journal
JANUARY 24, 2022
The Long Beach-based tech platform creator iTrustCapital Inc. secured a $125 million Series A equity raise for its Crypto IRA software platform, the company announced on January 19th, with a post-funding valuation exceeding $1.3
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Rocket Lab Reschedules BlackSky Mission
L.A. Business Journal
OCTOBER 18, 2021
Long Beach-based Rocket Lab USA Inc. has scheduled two dedicated launches for Seattle-based BlackSky Global in November, the company announced Oct.
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Relativity Space gains new customer in Iridium and new launch site at Vandenberg
TechCrunch LA
JUNE 24, 2020
Relativity Space has a new customer for its 3D-printed rockets: Established satellite maker and operator Iridium, which has picked the company for launches in 2023. To accomplish those, and other launches like them, the company is also setting up a new launch site at Vandenberg Air Force Base in California.
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Rocket Lab Launches First Mission of 2021
L.A. Business Journal
JANUARY 25, 2021
Long Beach-based aerospace company Rocket Lab successfully completed its first mission of 2021 on Jan. 20, deploying a microsatellite into orbit on behalf of German space technology company OHB.
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Morf3D, Starburst Aerospace Partner On Manufacturing Effort
socalTECH
OCTOBER 1, 2021
El Segundo-based Morf3D, a metal additive manufacturing company which is a subsidiary of Nikon Corporation, and Los Angeles-based space startup accelerator Starburst Aerospace, are in a manufacturing deal in Long Beach, Morf3D said this week. Financial details of the deal were not announced.
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Virgin Orbit Seeks Funds Ahead of Launch
L.A. Business Journal
OCTOBER 14, 2020
Long Beach-based satellite launch company Virgin Orbit, looking to rebound from a failed test flight in May, is seeking to raise funds ahead of a second launch.
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Virgin Orbit Partners With Japan's ANA Holdings
L.A. Business Journal
JUNE 6, 2019
Long Beach-based small satellite launch company Virgin Orbit announced June 6 that it will partner with Japanese firm ANA Holdings to bring Virgin’s LauncherOne rocket launch system to Japan.
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Virgin Orbit Develops Ventilator For Pandemic Response
socalTECH
MARCH 31, 2020
Long Beach-based space launch company Virgin Orbit has temporarily shifted its attention from developing rockets and its satellite launch systems, and applied its engineering skills to developing a new ventilator, designed to help in the battle against the COVID-19 coronavirus pandemic.
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Rocket Lab Launches Probe After Failed Mission
L.A. Business Journal
JULY 13, 2020
the Long Beach-based space systems company, has begun an investigation into a mission failure that occurred during a launch on July 4. Rocket Lab USA Inc.,
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Rocket Lab Deploys First In-House Satellite
L.A. Business Journal
SEPTEMBER 7, 2020
Long Beach-based Rocket Lab USA Inc. 30, rebounding from a July mission where the company lost its launch vehicle and client payloads. made a successful return to flight on Aug.
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Rocket Lab Buys Sinclair
L.A. Business Journal
MAY 11, 2020
a Long Beach-based space systems company, has acquired Canadian satellite hardware manufacturer Sinclair Interplanetary. Rocket Lab USA Inc.,
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Rocket Lab Buys Sinclair
L.A. Business Journal
MAY 11, 2020
a Long Beach-based space systems company, has acquired Canadian satellite hardware manufacturer Sinclair Interplanetary. Rocket Lab USA Inc.,
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Rocket Lab USA Planning Monthly Satellite Missions
L.A. Business Journal
JUNE 22, 2020
the Long Beach-based space systems company, is targeting monthly launches for the remainder of 2020 following a successful June 12 mission that deployed satellites for NASA, the National Reconnaissance Office and the University of New South Wales Canberra Space. Rocket Lab USA Inc.,
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Curative received FDA emergency use authorization for its novel COVID-19 tests
TechCrunch LA
APRIL 18, 2020
The company says that its tests have already been used by the City of Los Angeles since late March and have tested over 53,000 city residents. Currently, the US is still experiencing a shortage of test kits because the supply chain for critical components used in test kits has been disrupted by the global COVID-19 pandemic, the company said.
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Russian Firm’s Bid For Rocket Launcher Comes Under Fire.
L.A. Business Journal
SEPTEMBER 30, 2016
Russian private aviation holding company CJSC S7 Group’s purchase of Sea Launch, a rocket launch company that operates out of the Port of Long Beach, is making waves in the Southern California aerospace industry, with a legal challenge by the Boeing Co. and concerns about the Russian company’s involvement.
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SpinLaunch, Backed By Google And Kleiner Perkins, Gets DOD Contract
socalTECH
JUNE 20, 2019
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>>.
PARCLL Expands In Dallas-Fort Worth
socalTECH
DECEMBER 10, 2021
The company said its now has facilities in Long Beach, New York City, Chicago, and Miami. The company said the new facility is 65,000 square feet. PARCLL says it offers up small package delivery services for both domestic and international small parcel delivery.
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113 Virgin Orbit In Partnership With Intelligence Firm
socalTECH
DECEMBER 22, 2021
Long Beach-based Virgin Orbit, which is developing satellite launch systems, says it has partnered with signals intelligence provider Horizon Technologies.
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113 Rocket Lab Acquires Advanced Solutions
socalTECH
OCTOBER 13, 2021
Long Beach-based space launch provider Rocket Lab said on Tuesday that it has acquired Advanced Solutions, Inc., According to Rocket Lab, it is paying $40M for the company, with a potential for an additional $5.5M a Colorado-based aerospace engineering which provides space software, mission simulation and test systems.
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Rocket Lab Wins NASA Contract
socalTECH
JANUARY 28, 2022
Long Beach-based satellite launch provider Rocket Lab announced this week that it has been selected by NASA, as one of twelve companies to provide launch services for NASA's Venture-Class Acquisition of Dedicated and Rideshare (VADR) missions. Rocket Lab did not say how much its portion of the $300M in launch contracts is worth.
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113 MFFAIS Rolls Out Budgeting App
socalTECH
NOVEMBER 12, 2021
A new, Long Beach-based startup, MFFAIS, said this week that it has rolled out a new, free app to help people with budgeting. The company--which says its app does not require any connection to a user's bank account--is aimed at helping users establish the "groundwork for financial security".
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Rocket Lab Acquires SolAero
socalTECH
DECEMBER 14, 2021
Long Beach-based Rocket Lab announced late Monday that it has acquired SolAero Holdings, a supplier of solar power products and precision aerospace structures for the global aerospace market. The company said it paid $80M in cash for SolAero.
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Rocket Lab Hits The Nasdaq
socalTECH
AUGUST 25, 2021
Long Beach-based Rocket Lab is the region's newest, public company, after completing a deal with a special purpose acquisition company (SPAC) this morning. The company--which rang the Nasdaq opening bell this morning--merged with Vector Acquisition Corp., The company is now trading this morning as RKLB and RKLBW.
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113 Rocket Lab Plans Space Force Launch On Thursday
socalTECH
JULY 28, 2021
Long Beach-based Rocket Lab is getting set for a launch for the U.S. Space Force (USSF), in a few short hours, on Thursday in New Zealand, according to the company. The company said it is launching a research and development satellite into low Earth orbit (LEO) from its launch complex in New Zealand.
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Rocket Lab Expecting To Be Public By Wednesday
socalTECH
AUGUST 23, 2021
Long beach-based Rocket Lab is expecting to be a public company by Wednesday, thanks to a special purpose acquisition company (SPAC) merger with Vector Acquisition Corporation, the two said this morning. Rocket Lab and Vector Acquisition Corporation said they expect gross proceeds of $777M to the company from the deal.
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113 Rocket Lab Shows Off Neutron Rocket
socalTECH
DECEMBER 3, 2021
Long Beach-based rocket developer Rocket Lab showed off details of its new Neutron Rocket on Thursday, saying its new, larger is designed to put up as much as 15,000 kilograms to low earth orbit. The company said that, in reusable mode, the rocket will carry up to 8,000 kilograms to low earth orbit.
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Virgin Orbit Attempts Rocket Launch, But Fails To Reach Space
socalTECH
MAY 26, 2020
Long Beach-based Virgin Orbit attempted the first launch of its LauncherOne rocket on Monday, dropping and igniting the rocket--which failed to make it to space. Virgin Orbit did not say when it will attempt another launch, but said its next rocket is in final stages of integration at its Long Beach manufacturing.
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Rocket Lab Launches 15th Electron Rocket
L.A. Business Journal
OCTOBER 28, 2020
Long Beach-based aerospace company Rocket Lab USA Inc. has successfully launched its 15th Electron rocket.
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Rocket Lab Fails To Launch, Destroys Two Satellites
socalTECH
MAY 17, 2021
A weekend launch by Long Beach-based rocket developer Rocket Lab has destroyed two satellites, in what the company described as an "issue" with its stage two rocket. The launch on Saturday from Rocket Lab's Launch Complex 1 in New Zealand occurred just after the Electron's two stages separated.
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Rocket Lab Acquires Planetary Systems Corporation
socalTECH
NOVEMBER 16, 2021
Long Beach-based rocket launch provider Rocket Lab said late Monday that it has acquired Planetary Systems Corporation (PSC), a Maryland-based company developing spacecraft separation systems.
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Applied Business Software Names COO
socalTECH
MAY 5, 2020
Long Beach-based Applied Business Software , a developer of software for loan servicing and origination in the mortgage industry, said today that it has named Jasen Portero as its Chief Operations Officer. Portero has been the company's Vice President of Development for the last 12 years. READ MORE>>.
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113 Relativity Space Raises $650M More For 3D Printed Rockets
socalTECH
JUNE 8, 2021
Long Beach-based 3D, printed rocket developer Relativity Space said on Tuesday that it has raised another round of funding--worth $650M--to go towards production of its first rocket. According to the company, the round was led by Fidelity Management and Research. The company is led by CEO Time Ellis.
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FreeConferenceCall.com Launches Video Conferencing Service, Huddle
socalTECH
MARCH 5, 2021
Long Beach-based free conference calling service FreeConferenceCall.com says it is launching itself into the video conferencing market, with a new service called Huddle. According to the company, it will allow the first 10,000 customers of the service to pick their own price for whatever they think the service is worth.
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