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Hyperloop Transportation Technologies Inks Deal In Slovak Republic

socalTECH

Hyperloop Transportation Technologies (HTT) is led by Dirk Ahlborn, and was originally funded by crowdfunding site JumpStarter. HTT said the deal will make it the first company to work on plans for a Hyperloop system in Europe. READ MORE>>.

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Who's In Southern California's Unicorn Club?

socalTECH

The list of technology startups in Southern California who are "unicorns"--valued at more than $1 billion--surprisingly, might not be who you think, and in the sectors you might expect. SpaceX, based in Hawthorne, California, is now worth between $12 billion and $15 billion, according to multiple reports. SpaceX (www.spacex.com).

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SpaceX Hires Bizdev VP

socalTECH

Hawthorne-based SpaceX , the space launch vehicle startup funded by PayPal founder Elon Musk, said Wednesday afternoon that it has hired on a new Vice President of Business Development. SpaceX said that Peckham will be responsible for development and expansion of SpaceX's customer base. READ MORE>>.

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SpaceX Names President

socalTECH

Hawthorne-based Space Exploration Technologies (SpaceX), the commercial spaceflight startup headed by ex-PayPal founder Elon Musk, has named a new president the firm said this week. The firm is venture backed by The Founders Fund and Elon Musk. SpaceX said that Gwynne Shotwell has been named as President, reporting to Musk.

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Transportation Weekly: Uber’s spending habits, Tesla Model Y, scooters and AVs in Austin

TechCrunch LA

Catch up by reading the first edition here or check out last week’s edition , which offered the gamut of mobility news from Lyft and Bird to Waymo’s laser bears and cybersecurity. The upshot: Uber was spending $20 million a month to develop self-driving technologies. We love the reader feedback. Keep it coming.

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SpaceX Racks Up Second Successful Launch

socalTECH

Hawthorne-based SpaceX , the commercial rocket startup funded and headed by PayPal founder Elon Musk, racked up its first commercial satellite launch late Monday evening, and delivered a Maylasian satellite into orbit. SpaceX launched its Falcom 1 rocket at 8:35 pm from the U.S. READ MORE>>.

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