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Intellisense Systems Weather Sensor In Evaluation In Torrance

socalTECH

Torrance-based Intellisense Systems , a startup which is developing portable, 3lb micro-weather sensors to provide real time weather information, says it has signed up the City of Torrance Office of Emergency Services to evaluate its flood detection system and advanced weather sensor products. READ MORE>>.

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Canoo to Go Public in $600 Million SPAC Deal

L.A. Business Journal

Torrance-based electric vehicle developer Canoo Inc. has announced plans to go public through a reverse merger in a deal designed to provide $600 million in total capital.

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Fisker Previews First Electric Vehicle

L.A. Business Journal

Torrance-based electric vehicle developer Fisker Inc. will debut its first fully electric sport utility vehicle in January 2020.

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BQE Software Scores Private Equity Funding

socalTECH

Torrance-based BQE said on Wednesday that it has received a "significant investment" from private equity investor Serent Capital. BQE develops time billing and project management software for engineering and professional firms, including the architecture industry. Financial details of the investment were not announced.

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Intellisense Spins Out Of Physical Optics Corporation

socalTECH

Torrance-based Physical Optics Corporation (POC), a military, defense, and security integrator, said this morning that it has spun off a new company called Intellisense Systems, Inc. According to POC, Intellisense Systems will also be based in Torrance, and will employ 83 people, with $24M in revenues.

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BQE Software Adds HR Module

socalTECH

Torrance-based BQE Software , a developer of accounting and project management software, says it has added a new module for managing human resources.

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Tocagen, Forte Biosciences In Merger

socalTECH

San Diego-based Tocagen , which develops cancer-selective gene therapy aimted at treatking skin cancer, and Torrance-based Forte Biosciences , a biopharmaceuticals firm developing a live biotherapeutic for the treatment of inflammatory skin diseases, said on Wednesday that the two are in an agreement where Tocagen will merge with Forte in an all-stock (..)

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