Thu.Jun 11, 2020

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Economics 101: If water flows downhill, then why fight it?

Berkonomics

You’ll get the importance of this in a moment. Hang in there. Substitute the word “money” for “water” and we have an explanation for most all the reasons why successful products move from concept through early adopters through mass market. How money flows through the system. Money flows to the cheapest effective solution to a problem. Fighting this fact will just extend the misery of accepting a result with as product or marketing failure in the marketplace.

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Dimer In Deal With Partnership For Airplane Disinfection

socalTECH

Los Angeles-based Dimer LLC , the maker of the "GermFalcon" germicidal lighting, has entered into a strategic partnership with Honeywell to the aviation market, the company said on Wednesday. According to Dimer, Honeywell will sell the GermFalcon as the Honeywell UV Cabin System for "airline recovery". Dimer's system uses ultraviolet light for disinfection of surfaces, something which has been used in the healthcare industry for years.

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Moderna Finalizes Plan, Dose for Phase 3 Test of mRNA COVID Vaccine

Xconomy

Less than a month after reporting preliminary early-stage data for its experimental vaccine for the novel coronavirus, Moderna has finalized the plan for a Phase 3 test. The study, set to begin next month, is targeting enrollment of about 30,000 volunteers, Moderna (NASDAQ: MRNA ) announced Thursday. Those patients will be randomly assigned to receive either the vaccine candidate, mRNA-1273, or a placebo.

Study 101
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Slingshot Aerospace Creates Online Mapping Tool For Food Help

socalTECH

Los Angeles-based Slingshot Aerospace , a startup which normally develops situational intelligence software, is helping to address some of the major issues to emerge out of the global COVID-19 pandemic, by helping to create an online mapping tool for finding food help. The company said it has partnered with 211 Los Angeles County, the official information and referral source for health and human services in LA County, to launch an online mapping tool helping LA county residents in need locate ov

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Can You Ask for Office Rent Relief? How to Manage Your Lease During COVID-19

Office leases are one of companies’ largest expenses, and if your whole team is working from home with no clear end in sight, you may be wondering what to do about your lease.

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SpaceX Planning New Launch From Vandenberg

socalTECH

Hawthorne-based SpaceX is planning a new launch of a payload from Vandenberg Air Force Base , just north of Lompoc, the first since June of 2019. According to NASA, it will be launching a new, international ocean measurement satellite, Sentinel-6. NASA said that Sentinel-6 will collect data on ea level, a key indicator of how Earth's warming climate affects weather and coastlines.

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Headspace Raises $47.7M

socalTECH

Santa Monica-based meditation app provider Headspace has raised $47.7M in an equity funding round, according to a regulatory filing by the company, filed this week. The funding--an extension of its Series C funding--was announced at the Snap Partner Summit. According to the filing, the funding came from 10 different investors. The funding comes on top of an earlier, $53M in equity the company announced in February from such investors as blisce/, Waverly Capital, Times Bridge, The Chernin Group,

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RocketLab Delays Launch To June 13th

socalTECH

Huntington Beach-based rocket launch provider Rocket Lab is again delaying its launch for this week, to June 13th. According to Rocket Lab, the delay--the second for the DontStopMeNow mission--is due to high winds at its LC-1 launch site. The company says the launch is now targeted for no earlier than 04:43 UTC on June 13th. The company's Electron rocket carries three payloads designed by the U.S.

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Cue Health Connects With $100M

socalTECH

San Diego-based Cue Health , a developer of rapid molecular testing products, has raised $100M in a Series C funding round, the company said this week. The funding came from Decheng Capital, Foresite Capital, Madrone Capital Partners, Johnson & Johnson Innovation - JJDC, Inc., ACME Capital and other investment firms, according to the company. Cue Health develops rapid molecular testing products, aimed at use in nursing homes, emergency departments, and community health clinics.

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