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By Jorge Mercado / Friday, February 26th, 2021 / Latest news, left, Startups, Subscriber content, Technology, Top Stories / Comments Off on Company founders talk social responsibility at Central Coast MIT Enterprise Forum
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By Staff Report / Wednesday, February 24th, 2021 / Banking & Finance, East Ventura County, Latest news, Technology, Tri-County Economy, Tri-County Public Companies / Comments Off on AeroVironment makes $30M AI acquisition
AeroVironment, a drone company based in Simi Valley, announced Feb. 24 that it has acquired the Intelligent Systems Group from Progeny Systems Corp. for $30 million or more in cash. The Intelligent Systems Group develops intelligence-enabled computer vision, machine learning and perceptive autonomy technologies and provides those services to United States government customers, AeroVironment said. Read More →
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By Marissa Nall / Friday, February 19th, 2021 / Central Coast, Energy, Green Coast, Latest news, left, Subscriber content, Technology, Top Stories, Tri-County Economy / Comments Off on Morro Bay could get world’s biggest battery facility
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By Jorge Mercado / Friday, February 19th, 2021 / Energy, Green Coast, Latest news, South Coast, Startups, Subscriber content, Technology, Tri-County Economy / Comments Off on UCSB green-tech spinout C-Zero closes $11.5M round
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By Jorge Mercado / Thursday, February 18th, 2021 / Banking & Finance, Earnings, Latest news, right, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County / Comments Off on Trade Desk reports record revenue in 2020, but shares drop with no 2021 guidance
The Trade Desk ended its 2020 fiscal year on strong note, with 26% growth in revenue and 123% growth in net income from 2019, according to the fourth quarter and full year financial results the Ventura-based internet advertising company released Feb. 18. Trade Desk CEO Jeff Green spotlighted the company’s continued market share gain, as Read More →
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By Marissa Nall / Thursday, February 18th, 2021 / Central Coast, East Ventura County, Latest news, Technology, Top Stories, Top Story, Tri-County Economy / Comments Off on Mars rover lands safely, with drone helicopter from Simi Valley on board
The Mars 2020 rover, carrying on board a first-of-its-kind drone developed by Simi Valley-based AeroVironment, touched down in the Jezero Crater on Feb. 18. The rover was confirmed to have landed safely at 12:56 p.m. Pacific Time, after what’s known as the “seven minutes of terror,” a delay in signal between the Red Planet and Read More →