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AeroVironment Releases New EV Charger Product

socalTECH

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.

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Green Dot Plans Mobile Banking Product

socalTECH

Monrovia, California-based Green Dot , the provider of prepaid cards, is getting set to launch a new, mobile bank account product, the firm said Wednesday afternoon. The firm said it will be launching the product on Tuesday, January 15th. The firm has not yet announced any details of the new product. READ MORE>>.

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Covisus Collects Series A

socalTECH

Monrovia-based Covisus, a developer of supply chain tracking products, said this week that it has raised a Series A funding. Size of the funding was not announced. The funding came from Hale Capital Partners.

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SiLC Technologies Sees $17M

socalTECH

Monrovia, California-based SiLC Technologies, a developer of machine vision tools, says it has raised $17M in a Series A funding round. SiLC said the new funding will go towards its operations, for product development, and to help get production design wins. Mehdi Asghari is founder and CEO of the company.

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

socalTECH

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. Webasto is based in Stockdorg, Germany, and supplies products to the automotive industry.

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AeroVironment Teams With NASA On Mars Drone

socalTECH

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.

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Parasoft Takes On Continuous Testing

socalTECH

Monrovia, California-based Parasoft , which develops software testing tools, has launched a new product aimed at the automated, continuous testing market. The company said it has released a new API Testing Solution, which can be used as part of continuous integration and release efforts. READ MORE>>.

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