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Helinet Aviation Buys Shotover, Gets Funding

socalTECH

Helinet , a provider of flight services to the entertainment, media, and other industries which is based in Van Nuys, said Thursday that it has acquired Shotover Camera Systems , a developer of a gyro-stablized, camera systems used for shooting aerial footage in Ultra High Definition.

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Flying taxi startup Blade is helping Silicon Valley CEOs bypass traffic

TechCrunch LA

According to Business Insider , it has worked with Uber in the past to help deep-pocketed Coachella attendees fly to and from the Van Nuys Airport to Palm Springs, renting out six-seat helicopters for more than $4,000 a pop. Called UberAIR, Uber will offer short-term shareable flights to commuters as soon as 2023.

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JetPack Aviation Links With Georgia Tech

socalTECH

Van Nuys-based JetPack Aviation , a developer of commercially available "jet packs" for sending people into the air, said today that it has signed an agreement with Georgia Tech Research Institute. The company so far has raised a little over $173,000 out of $1M it is seeking on the StartEngine platform.

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Audiolife Gets $1M In Bridge Funding

socalTECH

Van Nuys-based Audiolife , a firm that develops tools and technology to sell merchandise to music fans, announced today that it has raised $1M in a bridge round of funding. Source of the new funding was not disclosed. The firm said the round came as a single-tranche note, convertible to preferred shares.

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