AeroVironment Completes Global Observer Flight Demonstration

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Monrovia-based Aerovironment READ MORE>>.

Xencor Links With Atreca

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Monrovia, California-based biopharmaceuticals developer Xencor says it has linked with another biotechnology company, Atreca , to research, develop and commercialize T cell engaging bispecific antibodies as potential therapeutics in oncology. According to the companies, they will team in a three-year discovery program, where Atreca will provide antibodies against novel tumor targets from which Xencor will engineer XmAb bispecific antibodies that also bind to the CD3 receptor on T cells.

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AeroVironment Wins $8.5M Military Contract

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Monrovia, California-based AeroVironment , which develops unmanned aerial vehicles, said late Monday that it has received a $8.5M military sales contract from an un-named, U.S. According to AeroVironment, the $8,584,734 firm-fixed-price U.S. Department of Defense Foreign Military Sales contract will go towards purchase of its Puma 3 AE unmanned aircraft systems, training, and support to an allied nation. The company said those unmanned aircraft are expected to be delivered in June of 2020.

Xencor Licenses Antibody For Food Allergy Treatment

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Monrovia-based Xencor says it has licensed the rights to its XmAB7195 monoclonal antibody, to Aimmune Therapeutics , a company that it working on treatments of food allergies. Xencor said it sold the rights to its antibody for $5 million in cash and $5 million in equity. Xencor also said the deal is worth up to another $385M based on clinical development, regulatory, and commercialization milestones.

Xencor Licenses Antibody Technology To Vir Biotechnology For COVID-19 Treatment

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Monrovia, California-based Xencor , a biopharmaceutical company which develops engineered monoclonal antibodies for the treatment of cancer and autoimmune disease, says it is extending a license for its technology to Vir Biotechnology , in use in developing antibodies to treat COVID-19, the disease cased by the novel coronavirus SARS-CoV-2.

AeroVironment Deploys UAV With Royal Canadian Navy

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Monrovia, California-based Aerovironment , which develops unmanned aerial vehicles (UAVs) for the military and other markets, reported a win this week with the Royal Canadian Navy. Aerovironment said the Royal Canadian Navy is deploying its Puma II AE, a maritime mini unmanned aircraft system, on the RCN's Maritime Coastal Defence Vessels. Financial details of the contract were not announced. AeroVironment said that Canada's military has previously purchased its Raven UAS. READ MORE>>.

ValueClick Sells Investopedia, PriceRunner To IAC

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ValueClick said in November that it was looking to divest that segment of its business, which is based in Monrovia, California. ValueClick said the business unit will continue to be led by Steve Neufer and be based in Monrovia, according to ValueClick. Westlake Village-based ValueClick has sold its "owned and operated" websites -- Investopedia, PriceRunner, as well as others -- to IAC, according to the company.

AeroVironment Wins $17.4M Foreign Contract

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Monrovia, California-based unmanned aircraft maker Aerovironment has scored a $17.4M contract award, the company aid Tuesday, with an un-named, United States ally. According to Aerovironment, the sales came via the United States Department of Defense Foreign Military Sales program. The contract is worth $17,356,084, and covers its Puma AE II small unmanned aircraft systems (UAS), training, and support to the allied nation.

Xencor Receives $120M From Genentech

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Monrovia-based biopharmaceuticals technology developer Xencor has received $120M in an upfront payment from Genentech this morning--and up to another $180M in development milestones--as part of a new deal to commercialize an immune activating cytokine based on Xencor's technology.

VivoAquatics Raises $8M

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Monrovia, California-based VivoAquatics , a provider of water management services for hotels, resorts, and waterparks, has raised $8M in a funding round, according to a regulatory filing by the company this week. Details of the funding had not yet been announced by the company. According to the filing, 2 investors participated in the equity funding round, which closed on Tuesday.

Xencor Names New VP

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Monrovia, California-based biopharmaceuticals developer Xencor announced today that it has named Raphael Clynes, M.D., Ph.D., as its new Vice President of Translational Biology. Clynes was most recently Group Medical and Scientific Director of Immunology-oncology at Bristol-Myers Squib, was co-founder of Vixen Pharmaceuticals, and was an associate professor at Columbia University.

Xencor Names New Board Member

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Monrovia-based biopharmaceuticals developer Xencor announced this morning that it has named Kevin Gorman, ph.D., to its board of directors. Gorman is the CEO of Neurocrine Biosciences, where he has been since 1993; he previously was an investor at Avalon Medical Partners, L.P. Gorman replaces director Robert Baltera, Jr., who the company said will not stand for re-election to its board. READ MORE>>. xencor biotechnology oncology kevin gorman avalon neurocrine biosciences board

AeroVironment Wins $13M USAF Award

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Monrovia, California-based Aerovironment , which develops unmanned aerial vehicles (UAVs) for the military market, reports that it has received a $13M contract from the United States Air Force. According to AeroVironment, the new contract award covers support of Latin America and Caribbean nations with its RQ-11B Raven drone. AeroVironment said the contract is expected to run until September 28, 2023. AeroVironment says its Raven UAS wlil be deployed by the U.S.

AeroVironment Gets $20M Order From Army

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Monrovia-based unmanned aerial vehicle maker AeroVironment announced this morning that it has received a $20M order from the U.S. Army, for an upgrade for the army''s RQ-11B Raven Unmanned Aircraft Systems.

Xencor Prices IPO

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Monrovia-based biopharmaceuticals developer Xencor said this morning that it has priced its IPO, at $5.50 per share, and will start trading today on the NASDAQ Global Market as XNCR. Xencor sold 12,730,000 shares of its common stock in the IPO. Xencor was venture backed by MedImmune Ventures, HealthCare Ventures, and others. READ MORE>>. xencor biopharma biopharmaceuticals merger acquisition exit lifescience

Xencor Names New Board Member

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Monrovia-based biopharmaceuticals firm Xencor announced this morning that it has added A. Bruce Montgomery, M.D., to its board of directors. Montgomery is currently the CEO of Cardeas Pharma, and was a SVP at Gilead Sciences; he also was CEO of Corus Pharma, and served at PathoGenesis Corporation. Xencor is developing engineered monoclonal antibodies for the treatment of autoimmune diseases, asthma and allergic diseases, and cancer. READ MORE>>.

AeroVironment Gets $36.7M Army Contract

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Monrovia-based unmanned aerial vehicle maker AeroVironment said Monday that it has received a $36.7M order, for its Switchblade tactical missle systems.

AeroVironment Names General Counsel

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Monrovia, California-based AeroVironment , the developer of unmanned aircraft and electric charging devices, said Wednesday that it has named Douglas E.

AeroVironment Deploys Drone With U.S. Navy

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Monrovia-based AeroVironment has deployed its small, Puma AE unmanned aircraft systems with the U.S. Navy, on the USS Stout, the company said on Thursday. According to AeroVironment, the U.S. Navy has tested and deployed its RQ-20B Puma small unmanned aircraft system (AUS) on the USS Stout, which is a guided missle destroyer. The USS Stout is being used in the Arabian gulf. READ MORE>>. aerovironment drone unmanned aircraft military navy

Xencor Adds To Board

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Monrovia-based biopharmaceuticals developer Xencor announced on Friday morning that it has naed a new member of its board of directors. According to the company, it has appointed Dagmar Rosa-Bjorkeson, the former Executive Vice President and Chief Strategy and Development Officer at Mallinckrodt Pharmaceuticals to its board.

Xencor Names New Chief Medical Officer

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Monrovia-based biopharmaceuticals developer Xencor announced this morning that it has named Allen Yang, M.D., Ph.D., as its new Senior Vice President and Chief Medical Officer. Yang was most recently Senior Vice President, Head of Clinical Development, and acting Chief Medical Officer at Jazz Pharmaceuticals.

Xencor Adds Board Member

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Monrovia-based biopharmaceuticals developer Xencor announced this morning that it has appointed Yujiro S. Hata to its board of directors. Hata is currently the Chief Operating Officer at FLX Bio, and he previously was Chief Operating Officer at Flexuss Biosciences. Hata has also served at Onyx Pharmaceukticals, Enata Pharmaceuticals, Gneome Therapeutics Corporation, McKinsey and Company, and ImClone Systems. READ MORE>>. xencor board executive biotech lifescience yujiro hata flxbio

Video: Green Dot's GoBank Explained

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Monrovia, California-based Green Dot --which created the entire category of prepaid credit cards when it was just a small, angel funded startup in Southern California--is now looking to turn another industry on its head--banking.

AeroVironment Wins $47M Army Award

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Monrovia, California-based unmanned aerial aircraft maker AeroVironment has scored another big defense contract, reporting this morning that it has won $47M in contract awards from the U.S.

AeroVironment Wins $44.5M Contract

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Monrovia-based unmanned aircraft systems developer AeroVironment reports that it has received a big, $44.5M contract for its Puma II AE platform, with an un-nnamed, major country in the Middle East. According to Aerovironment, the deal is the largest-ever international contract for the company. Aerovironment's Puma AE is being used for both ground and maritime operations, according to the company.

Aerovironment Aims At $248M Army Award

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Monrovia, California-based unmanned aerial vehicle (UAV) maker Aerovironment reported on Monday that it has been selected to compete on a "task order" for the U.S. Army, for unmanned aerial aircraft. According to Aerovironment, it has been selected to compete to provide unmanned aircraft systems and spare parts, valued at $248M over five years.

AeroVironment Teams With NASA On Mars Drone

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Monrovia, California-based unmanned aerial vehicle maker Aerovironment said this week that it is collaborating with the NASA Jet Propulsion Laboratory , to develop a drone which can fly on Mars. According to Aerovironment, the Mars Helicopter is now in production at JPL, with plans to fly the drone on Mars in less than three years. AeroVironment said that flying on Mars is very similar to flying at nearly 100,000 feet on Earth, with the same air density. READ MORE>>.

AeroVironment, SoftBank In $65M JV To Develop Unmanned Aircraft

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Monrovia, California-based AeroVironment said on Wednesday that it is in a joint venture to develop a solar powered, high-altitude, long-endurance unmanned aircraft system, potentially worth up to $65,011,081. The joint venture is with HAPSMobile , which is 95 percent owned by Japanese technology giant SoftBank Corp. According to AeroVironment, the unmanned aircraft would be aimed at developing a high-altitude long-endurance, or HALE, UAS for commercial operations.

AeroVironment Gets $3.6M Order

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Monrovia, California-based unmanned aerial vehicle maker AeroVironment reported Monday that it has scored another order from the U.S. military, this time for $3.6M of the firm's RQ-11B Raven Small Unmanned Aircraft Systems (UAS).

Aerovironment Accused Of Covering Up Explosives On Commercial Airliner

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Monrovia-based unmanned aerial vehicle maker Aerovironment has been accused of covering up an incident where its employees transported a drone, rigged with explosives, on a commercial flight, according to a report from Bloomberg.

AeroVironment, General Dynamics Land Systems Tie On Combat Vehicle Effort

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Monrovia, California-based Aerovironment , a major developer of unmanned aerial vehicles (UAVs) and drones for the military, said it has inked a deal with General Dynamic Land Systems (GD), to integrate the company's unmanned aircraft and tactical missle systems with armored combat vehicles.

AeroVironment Names Interim CFO

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Monrovia-based unmanned vehicle maker AeroVironment said late Thursday that it has swapped its CFO, and named Teresa Covington as Interim Chief Financial Officer, as its current CFO, Jikum Kim, has left the company.

Xencor Launches $110M Public Offering

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Monrovia-based biotechnology developer Xencor has launched a public offering of its common stock, with the aim of raising approximately $110M in funding, the company said on Wednesday. The publicly traded biotechnology developer--which trades on the NASDAQ as XNCR--said it has priced the offering at $24.000 per share. The company said the new funding will go towards working capital and general corporate purposes, including investing in its pipeline and lead compoound. READ MORE>>.

AeroVironment Sells EV Charging, Test Business To German Company For $35M

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Monrovia, California-based Aerovironment , the developer of unmanned aircraft systems, has sold its other business--focused on electric vehicle charging and test systems--to a German company, Webasto Group. According to the two companies, Aerovironment sold its Efficient Energy Systems (EES) business segment to Webasto for $35M. As part of the acquisitoin, Webasto will also hire all of Aerovironment's EES employees.

AeroVironment Releases New EV Charger Product

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Monrovia-based AeroVironment is expanding its lineup of chargers for the electric vehicle market, with a new product specifically aimed at the forklift and materials handling market. According to AeroVironment it has launched a new product, ConnectRx, as part of its PosiCharge ProCore line of electric forklift chargers. The company said the new product implements a new sophisticated charge algorithm, battery thermal management, and anti-arc technology.

AeroVironment Launches New Drone For Farm Analytics

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Monrovia, California-based AeroVironment has launched its commercial drones into the agriculture market, said on Wednesday that it has launched the Quantex hybrid drone and related analytics software, specifically for the agriculture market. The new drone and software bundle, which costs $16,500, allows farmers to collect and use aerial imagery--including both true color and multispectral imagery--allowing for better decision making and farm management.

AeroVironment Wins EV Charger Deal with Volvo

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Monrovia, California-based AeroVironment has been selected by auto manufacturer Volvo Cars , to develop a custom electric vehicle (EV) charging station, the company announced on Thursday. According to AeroVironment, it will develop a custom, global EV charging station for Volvo, to support Volvo's customers in Europe, China, and North America. Financial details of the deal were not announced.

AeroVironment Gets $15.8M Order

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Monrovia, California-based Aerovironment , the developer of unmanned aircraft systems, reported Friday that it has received a $15.8M order for its Raven small unmanned aircraft systems. The firm said the order cam from the U.S.

AeroVironment Selected By Fiat For Charging Stations

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Monrovia, California-based AeroVironment has been selected by another auto manufacturer, to provide charging stations for its electric car customers.

AeroVironment Gains $16M Order

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Monrovia-based AeroVironment , the maker of unmanned aircraft systems, said late Thursday that it has received a $16M order for its Raven Unmanned Aircraft Systems.

AeroVironment Lands $7.8M Order

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Monrovia-based Aerovironment , the developer of unmanned aircraft systems, reported this morning that it has scored a new $7.8M order from the U.S. The firm said the order covers upgrade modules for its Raven unmanned aircraft systems, being used by the U.S. Marine Corps.

Xencor Sets IPO Pricing Range

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Monrovia, California-based Xencor , the biopharmaceuticals technology developer headed by Bassil Dahiyat, has set its IPO pricing range, saying today in a regulatory filing that it is expecting to price its IPO at between $14.00 and $16.00 per share. The company is looking to trade as XNCR on the NASDAQ Global Market. Xencor had filed for an IPO in October. Xencor is backed by MedImmune Ventures, HealthCare Ventures, and John R. Stafford, III. READ MORE>>.

AeroVironment Gets $11.5M Order

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Monrovia-based unmanned aircraft maker Aerovironment has scoerd a $11.5M order, the firm reported Thursday, for its Puma All Environment (AE) unmanned aircraft system. The company said the win was with the United States Special Operations Command (USSOCOM), the U.S.