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SiLC Technologies Sees $17M

socalTECH

Monrovia, California-based SiLC Technologies, a developer of machine vision tools, says it has raised $17M in a Series A funding round. SiLC said the new funding will go towards its operations, for product development, and to help get production design wins. Mehdi Asghari is founder and CEO of the company.

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Aerovironment's Sunglider Sees Successful Stratospheric Test Flight

socalTECH

HAPSMobile , the developer of a solar-power, unmanned aircraft system which is part owned by Monrovia, California-based Aerovironment , has seen a successful stratospheric test flight of its solar powered unmanned glider, the company said late Wednesday. According to HAPSMobile--which is a subsidiary of SoftBank Corp. READ MORE>>.

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AeroVironment Wins New $19M DARPA Contract

socalTECH

Monrovia, California-based unmanned aircraft maker AeroVironment reported today that it has scored another contract from the Defense Advanced Research Projects Agency (DARPA). The Tern is being aimed at creating medium altitude, long endurance unmanned aircraft which can be launched from smaller ships. READ MORE>>.

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CouponMountain.com In Big Redesign

socalTECH

Monrovia, California-based CouponMountain.com , the online coupon site which until last week was owned by ValueClick but is now part of IAC, said today that it has launched a big redesign of its site.

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Aerovironment Wins $2.3M DARPA Contract

socalTECH

Monrovia-based unmanned aircraft maker Aerovironment said this week that it has entered into a $2.3M contract from the Defense Advanced Research Projects Agency (DARPA).

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Tanner Expands Sales Efforts In China

socalTECH

Monrovia-baesd Tanner EDA , the developer of mixed signal electronic design automation software, said today that it has expanded its presence in the Chinese market, and has signed up a new sales and support partner. Tanner said that it has appointed NewPlus Systems and Technologies Ltd.

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Aerovironment Global Observer Makes Hydrogen-Powered Flight

socalTECH

Monrovia-based Aerovironment , which manufactures unmanned aircraft systems for the U.S. Aerovironment's Global Observer is designed to provide continuous communications and coverage for the military, providing communications and remote imaging support similar to satellites, but for a much lower cost.

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