AeroVironment purchases SLO-based ES Aero for $200M
San Luis Obispo-based Empirical Systems Aerospace, a producer of unmanned aircraft systems, has been purchased by a fellow Central Coast company. Announced March 16, AeroVironment, which is based in Virginia, but houses major operations in its former headquarters of Simi Valley, purchased ES Aero in a deal worth approximately $200 million. According to details of Read More →
Swarm Aero announces $35 million Series A financing
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Former Ventura County CEO settles sexual harassment lawsuit
Ventura County and its former CEO, Mike Powers, have agreed to a settlement with a former employee who sued him for alleged sexual and racial harassment and discrimination from 2019 to 2021. A notice of a conditional settlement was filed in Ventura County Superior Court Feb. 24. Terms of the settlement are not disclosed in Read More →
CCIA 2026: Area 805 Advanced Air Mobility Test Range poised for takeoff
Waiting for FAA approval, the Area 805 project is expected to launch into the skies over Ventura County later this year. The enterprise consists of 500 square miles of proposed airspace that would serve as a primary site for advanced air mobility testing for both commercial and defense industry partners. Encompassing airspace over Camarillo, Oxnard, Read More →
The Trade Desk shares continue to descend
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Oxnard UAV developer opens manufacturing center in AR
Swarm Aero, a developer of large uncrewed aerial vehicle swarms, announced the opening of its advanced manufacturing center with a ribbon-cutting event at the new 80,000 square foot facility in Fayetteville, Arkansas, at Drake Field. Announced Feb. 18, Swarm, which is headquartered in Oxnard, will use the new facility to accelerate the development and deployment Read More →
