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Teledyne Invests In Optical Alchemy

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Thousand Oaks-based Teledyne Technologies announced today that it has acquired a minority interest in Optical Alchemy , a Nashua, New Hampshire-based designer and manufacturer of ultra-light electro optical gimbal systems. Financial terms of the investment were not disclosed. READ MORE>>.

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Teledyne Buys Stake In Optech

socalTECH

Thousand Oaks-based Teledyne Technologies said this morning that it has acquired a minority stake in Optech , a developer of three dimensional, lidar-based imaging systems. Teledyne said the investment was made through its subsidiary, Teledyne DALSA. Financial details of the acquisition were not disclosed.

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Teledyne Buys Majority Stake In Nova Sensors

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Thousand Oaks-based Teledyne Technologies said this morning that it has acquired a majority interest in Solvang-based Nova Sensors. Financial terms of the deal were not disclosed. Nova Research designs camera electronics, infrared camera systems, and integrated circuits. READ MORE>>.

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Teledyne Scientific Gets $2.1M From DOE

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Thousand Oaks-based Teledyne Scientific and Imaging has been awarded $2.1M, as part of a major investment from the U.S. Department of Energy announced Tuesday, to bolster innovative manufacturing technology in the United States.

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Akriveia Therapeutics Raises $7.5M

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Thousand Oaks-based Akriveia Therapeutics , a biotechnology startup focused on immuno-oncology, announced this morning that it has raised $7.5M in a Series A investment. The investment came from F-Prime Capital Partners. As part of the funding, F-Prime's Thomas Beck and Ben Auspitz have joined the company's board.

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Amgen Names New Member To Board

socalTECH

Thousand Oaks-based Amgen said late Friday that it has named Ellen J. Kullman to its board of directors, expanding the company's board to a total of 14 directors. Kullman is the former President, Chair, and CEO of E.I. du Pont de Nemours and Company (Dupont). READ MORE>>.

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Teledyne Increases Stake in Robot Maker Ocean Aero

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Thousand Oaks-based Teledyne Technologies has increased its stake in San Diego-based Ocean Aero , a developer of unmanned, robotic underwater and surface vehicles used for the scientific, defense, and oil and gas market, the company said late Friday. Teledyne made its initial investment in Ocean Aero in July of 2014.