Teledyne revenues dip as profits, outlook rise
Though Thousand Oaks-based conglomerate Teledyne missed its revenue mark for the second quarter, profits jumped 30 percent compared to a year prior, beating analysts estimates. The company also boosted its full-year profit outlook.
Editorial: Drones could still bring billions despite FAA setback
Ventura County’s bid to become a Federal Aviation Administration test area for unmanned aerial vehicles, or drones, came up short on Dec. 30, when the FAA announced that six other states had finished first in a competition that attracted 25 applicants.
Out of this world: Santa Barbara company produces saucer-shaped UAVs
Flying saucers have landed in Santa Barbara.
Aerobat Aviation, a Santa Barbara firm with ties to Georgia, is planning to take its saucer-shaped unmanned aerial vehicle, or UAV, on the road in the coming months hoping to raise $5 million from investors.
Precision agriculture is a timely idea, but profits may not grow fast
Farmers are a skeptical lot. And Ventura County farmers have good reasons to be skeptical. They, and their counterparts in the Tri-Counties, grow high-risk, high-yield crops on relatively small plots of land surrounded by housing developments and urban areas. They are subject to heavy regulations on fertilizer, pesticide and water use. Particularly on strawberry fields Read More →
Editorial: UAVs should be at core of iHub
Working hand-in-hand with a statewide manufacturing initiative and the emerging unmanned aerial vehicle industry, it could give production, design, energy and technology firms along the Highway 101 corridor a lift.
