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AeroVironment Wins $44.5M Contract

socalTECH

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. READ MORE>>.

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Xencor, Amgen In $1.7 Billion Deal

socalTECH

Thousand Oaks-based Amgen , and Monrovia, California-based Xencor said this morning they are in a strategic collaboration worth as much as $1.7 billion based on certain regulatory and sales milestones, to combine Amgen's target discovery and protein therapeutics efforts with Xencor's XmAb b ispecific technology platform.

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AeroVironment Links With Smart Grid Software Developer

socalTECH

Monrovia, California-based AeroVironment , which develops both electric vehicle chargers as well as unmanned aerial vehicles, said on Tuesday that it has linked with smart grid charging technology developer eMotorWerks.

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AeroVironment Eyes Civilian Market With FCC Demo

socalTECH

Monrovia, California-based unmanned aircraft maker Aerovironment said today that it is looking to demonstrate the use of its small, unmanned aircraft for use in post-disaster communications, for the Federal Communications Commission.

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Xencor Licenses Technology To Centocor

socalTECH

Monrovia-based Xencor , a developer of biotherapeutics technology to improve antibodies, said this morning that it has licensed its Fc engineering technology to Centocor Research & Development, Inc. Financial details of the license were not announced. READ MORE>>.