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Aerovironment Ups Contract Win By $38.3M

socalTECH

Monrovia-based unmanned aerial vehicle maker Aerovironment reported Thursday that it has received a number of awards and options on its contract with the United States Army, for its Switchblade tactical missile systems, which increase the total contract ceiling for its existing contract by $38.3M, to a total of $102.1M. READ MORE>>.

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Prolacta Tops $1M In Philanthoropic Donations

socalTECH

Monrovia, California-based Prolacta Bioscience , the venture-backed company which is turning donated breast milk into human milk fortifier for premature babies, reported this week that it has donated more than $1M to various charitable organizations over the past five years. READ MORE>>.

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Green Dot Files For IPO

socalTECH

Monrovia-based Green Dot , a provider of pre-paid VISA and Mastercard cards, has filed for an IPO, saying this morning that it is looking to raise up to $150M in an IPO on the NYSE. Green Dot is venture backed by Sequoia Capital, TTP Fund, as well as a significant number of Tech Coast Angels. The firm's IPO is being undewritten by J.P.

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AeroVironment Gets $23.9M Order

socalTECH

Monrovia-based Aerovironment , a manufacturer of unmanned aerial vehicles, reported Monday that it has received a $23.9M AeroVironment said the funding came from the approval of the a United States Department of Defense supplemental funding bill, and that the potential value of the order received by the firm is $66.6M.

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Walmart Gets Stake In Green Dot

socalTECH

Monrovia, California-based Green Dot , the provider of prepaid debit cards run by Steve Streit, reported in an updated S-1 filing with the SEC this week that it has issued 2,208,552 shares of its Class A stock to Walmart, as part of a renewed distribution deal with the retail giant signed in May. on operating revenues of $92.8M