Mon.Dec 16, 2019

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Vector Launch Files For Chapter 11 Bankruptcy

socalTECH

Vector Launch , a startup which was developing rockets for small satellite launches which had its engineering headquarters in Huntington Beach, has filed for Chapter 11 bankruptcy, and will sell some of its assets to Lockheed Martin, according to legal filings from the firm on Friday. The company also has laid off most of its 150 or so staff. Vector had suspended its operations in August and parted ways with its CEO.

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Solve, the startup creating an interactive “Law & Order” for social media, raises $20 million

TechCrunch LA

When “Law and Order” ended its twenty-year run in 2010, it had already cemented its place as one of the longest-running television dramas in history. Its success was a testament to the enduring popularity of a good mystery. Mining that same well of a demand for whodunnits, a roughly one-year-old Los Angeles-based startup called Solve has raised $20 million in financing to update the genre for a new generation of media consumers.

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5 Modern Ways To Make Your Product Uniquely Memorable

Startup Professionals Musings

Every entrepreneur believes that their product or service is memorable, and that every customer will quickly see the advantage over competitors. Yet true product differentiation in the eye of the customer is rarely achieved. According to an old but still relevant survey by Bain & Company , 80% of businesses believe they have differentiated offerings, but only 8% of customers agree.

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LAVA Healthcare Presents: The ins-and-outs of celebrity partnerships and how it can increase your company's value.

SoCal Tech Calendar

Tuesday, December 17, 2019 -- LAVA Healthcare Presents: The ins-and-outs of celebrity partnerships and how it can increase your company's value. Brand endorsements from celebrities and athletes have been proven to have a powerful economic impact on stock prices (Forbes 2016). With the advent of social media, these partnerships have become more accessible to even small businesses.

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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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Hyperloop TT: Study Shows Great Lakes Hyperloop Will Be Profitable

socalTECH

Playa Vista-based advanced transportation technology developer Hyperloop Transportation Technologies , one of the companies working on the Hyperloop transportation concept first devised by Elon Musk, says that a study--conducted in Ohio--shows one of its proposed routes "is profitable and makes sense". The study, published by a group called Transportation Economics and Management Systems, Inc.

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Organovo’s Demise Offers Path for Tarveda to Join the Public Markets

Xconomy

Organovo raised millions of dollars from investors to fuel its goal of developing 3D “bioprinted” human tissues for use in people with end-stage liver disease and other life-threatening illnesses. But the San Diego company fell short of bringing its lead regenerative medicine program into clinical trials , and now it is charting a course as a vehicle for privately held cancer drug developer Tarveda Therapeutics to join the public markets.

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VideoAmp Partners With TiVo

socalTECH

Santa Monica-based VideoAmp , the advertising technology startup which is backed by Raine Group, Ankona Capital, Mediaocean, and RTL Group, has partnered with cable and set top box and DVR provider TiVo , to bolster VideoAmp's TV Viewership data pool. According to the two, the partnership extends VideoAmp's data pool to cover 25 million devices in 19 million U.S. households.

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Citadel Defense Reports US Government Deployments Of Drone Defense

socalTECH

San Diego-based Citadel Defense , which develops counter-drone technology to help detect and identify unauthorized drones, claims it has deployed its technology for three, undisclosed U.S. government agencies. According to the company, it has been working over the past six months to deploy its counter-drone technology, both domestically and abroad. The company said those deployments were all through a pilot program.

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Rocket Lab Puts $7.5M Mission Coin On Their E-Commerce Site

socalTECH

Huntington Beach-based Rocket Lab , the provider of small satellite rocket launches, has just put a "Gold Mission Success Coin" on its e-commerce website for a mere $7.5M, in what clearly is a bit of spaceflight humor. According to Rocket Lab, the "Gold Mission Success Coin" can either be purchased on its e-commerce website, or it is included free with the purchase of dedicated launch on Rocket Labs Electron vehicle.

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HemaCare Acquired For $380M

socalTECH

Northridge-based HemaCare , which develops products for the cell therapy market, has been acquired by Charles River Laboratories International , in a deal worth $380M in cash, the companies announced early this morning. HemaCare develops human-derived cellular products for cell therapy, providing a wide range of human primary cell types, plus cell processing services to support the discovery, development, and manufacture of cell therapies.

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Qpex Biopharma Gets $20M From BARDA

socalTECH

San Diego-based biopharmaceuticals developer Qpex Biopharma READ MORE>>.

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