Tue.Mar 24, 2020

Volvo’s Polestar begins production of the all-electric Polestar 2 in China

TechCrunch LA

Polestar has started production of its all-electric Polestar 2 vehicle at a plant in China amid the COVID-19 pandemic that has upended the automotive industry and triggered a wave of factory closures throughout the world. The start of Polestar 2 production is a milestone for Volvo Car Group’s standalone electric performance brand — and not just because it began in the midst of global upheaval caused by COVID-19, a disease that stems from the coronavirus.

Ingram Extends Credit, Financing To Partners Due To COVID-19 Impact

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Irvine-based technology distributor Ingram Micro says it is looking to help the many U.S. and Canadian small and mid-size businesses (SMBs) it serves, who are facing a cash crunch due to the ongoing COVID-19 disease outbreak.

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Rocket Lab postpones next mission due to coronavirus pandemic

TechCrunch LA

Rocket Lab is the latest new space company to feel the impact of the global coronavirus pandemic: The small satellite launcher announced on Tuesday that it would be suspending its next launch, a mission called ‘Don’t Stop Me Now’ that was set to take-off from Rocket Lab’s Launch Complex 1 on New Zealand’s Mahia peninsula on March 30. The launch is a rideshare mission that includes satellites from a range of customers, including NASA, as well as the US.

Thirdwayv Bolsters Advisory Board

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Irvine-based Thirdwayv , a developer of connectivity and security products for the IoT industry, said it has named a new advisory board, adding five people to help guide the company. The group includes David C. Klonoff, M.D., the founder of Diabetes Technology Society; David Kleidermacher; Google's Vice President of Engineering and former Chief Security Officer at BlackBerry; Raafat Fahim, Ph.D, president of REFF Consulting and former president and CEO of Nabi Biopharmaceuticals; Michale L.

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SpaceX Employee, Healthcare Contractor Both Test Positive For COVID-19

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An employee of Hawthorne-based SpaceX , as well as an on-site health care provider at the SpaceX headquarters, have tested positive for COVID-19 , sending a number of employees into quarantine, according to a report from CNBC. Accordnig to CNBC, SpaceX is asking the employees it sent home to remain in quarantine for 14 days. The on-site health care provider, One Medical, reportedly is asking all of its healthcare providers showing symptoms to stay home and get tested immediately.

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Flowspace Offers Up Free Storage To Nonprofits, Others Managing Pandemic

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Los Angeles-based Flowspace , which offers up a nationwide network of fulfillment centers for storage and delivery of products, says it will offer up one month of free storage and inbound transportation to nonprofits and organizations which are helping with relief efforts. The company said that it aims to help with the distribution of such critical materials as masks, soaps, hand sanitizers, gloves and medical equipment.

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Aparavi Opens Up Early Access

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Santa Monica-based Aparavi , which develops data automation software and services, says it is opening up its platform for an early access release. The company said its customers and partners can join a new Early Access Program (EAP), which will enable them to access the company's software platform before it becomes generally available to the market, and also will qualify them for special pricing.

Design Therapeutics Finds $45M

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San Diego-based Design Therapeutics , which is developing therapies for patients with serious degenerative disorders caused by nucleotide repeat expansions, has raised $45M in a Series A financing round. The round was led by SR One, and also included Cormorant Asset Management, Quan Capital and WestRiver Group.

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