Goleta retail center sells for $11.3M
Latest news, left, Real Estate, Santa Barbara County, Subscriber contentKellogg Square, a retail center located at 5555-5585 Hollister Avenue in Goleta, fetched $11.3 million in a sale brokered by Colliers, the national commercial real estate firm announced Aug. 24. The Colliers advisory team, made up of Vice President Miles Waters, Executive Vice President Austin Herlihy, Vice President Chris Parker, and Associate Mike Chung, represented Read More →
Santa Barbara-based Quintessent raises $40M in Series A
Latest news, middle, Santa Barbara County, Subscriber content, Technology, Top Stories, Top StorySanta Barbara-based Quintessent, a semiconductor company that specializes in resilient and low-cost AI datacenter optical interconnect products, announced it has raised $40 million in an oversubscribed Series A investment round. Announced Aug. 24, Quintessent also announced the start of a customer sampling of its single-chip quantum dot-based DWDM comb laser — a new class of light Read More →
Unemployment continues rising on the Central Coast
Central Coast, Columns, Economy, Latest news, Tri-County EconomyThe Central Coast jobless rate is on the rise for the second consecutive month, jumping to 4.56% in July from 4.3% in June, according to the California Employment Development Department’s latest numbers released Aug. 21. All three counties saw their unemployment rate increase in July. Ventura County’s rate was 4.7%, up from 4.5% in June. Read More →
Diablo Canyon receives $271M from DOE to support extending operations
Central Coast, Energy, Latest news, left, Subscriber content, Tri-County EconomyThis article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
Limoneira’s Windfall Farms nets $15M in all-cash sale
Agribusiness, Central Coast, Latest news, Subscriber content, Top Stories, Top Story, Tri-County EconomySanta Paula-based Limoneira announced the successful sale of its 724-acre vineyard property in Paso Robles, Windfall Farms, for $15 million in an all-cash deal with a private buyer. Announced Aug. 17, the sale follows a competitive public auction conducted by Concierge Auctions in cooperation with Sotheby’s International Realty, which started on Aug. 15. The transaction Read More →
Swarm Aero secures $10M contract
Latest newsOxnard-based Swarm Aero, a developer of large uncrewed aerial vehicle swarms, announced over $10 million in contracts with the Air Force Research Laboratory to perform research and development on the company’s novel, high-rate composite manufacturing approach and produce aircraft parts for the U.S. Air Force. Announced Aug. 10, since being founded in 2022, Swarm has Read More →
Semtech sells off cellular module business for $62M
Latest news, Technology, Tri-County Public CompaniesCamarillo-based Semtech, a provider of Internet of Things products, announced that it is selling off its cellular module business to Compal Electronics for $62 million in cash, according to an Aug. 13 press release. Compal Electronics is a major Taiwanese original design manufacturer founded in 1984. The deal is expected to close in the fourth Read More →
