SD BUSINESS JOURNAL DAILY ENEWS

Kratos Announces Foreign Task Orders, Contract Win

Kratos Defense & Security Solutions Inc. announced the receipt of multiple contracts on July 16.

Escondido Office/Industrial Building Sold For Nearly $4.9M

Building includes creative office space.

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Carlsbad-Based TC Technology Acquired By SSP Innovations

TCT president Jason Linley becomes SSP's director of mobile product management.

Irras Device Wins FDA Approval

Irras Ab, which is legally headquartered in Stockholm but with the bulk of operations in La Jolla, won U.S. Food and Drug Administration approval for its flagship device that reduces the chances of infection while helping doctors lessen pressure at the site of trauma.

Management Co. Guides Gamers in Business Arena

SERVICE: Analytics Used To Structure Streamers’ Pricing Models

A management agency based in Point Loma represents more than 40 people who play video games on the Amazon-owned platform Twitch while fans watch.

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Other Blood Testing Cos. Avoid Taint of Theranos

DEVICES: Scandal Brings Welcome Scrutiny to Sector

Genalyte can run tests on drops of blood, often delivering results in only 15 minutes. The goal? Disrupt lab testing. This may sound familiar — and not in a good way.

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Human Longevity Names Interim CEO

David Karow was recently named CEO of Human Longevity, which comes after Craig Venter announced his retirement from the role on May 24.

Chula Vista Industrial Building Sold For $2.2M

Building is on a one-acre site.

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Carlsbad-Based Specialized Food Distributor Good Source Solutions Acquired

Acquired company generates more than $200 million in annual revenue from customers including educational, correctional and healthcare facilities.

NASSCO Dry Dock Floods Unexpectedly

Workers at the General Dynamics NASSCO shipyard are cleaning up after one of its dry docks flooded unexpectedly on July 11.

Del Mar Mixed Use Project Sold For $27.5M

Renovations planned for Polo Plaza.

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Business Events Calendar for Week of July 16, 2018

Business events scheduled in the county.

Bay Area VC With San Diego Connection To Keynote SDVG’s Flagship Event

The San Diego Venture Group said US Venture Partners (UCVP) partner Dafina Toncheva will keynote its Venture Summit event Aug. 16.

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Office Tenants Find Safety in Renewals

With office space at a premium in San Diego and rental rates rising, many companies are eager to renew their leases.

Tackling Disconnection Must Be a Communitywide Imperative

The San Diego Workforce Partnership recently launched OpportunitySD, a movement to dramatically reduce the number of opportunity youth — young adults ages 16-24 who are neither in school nor working — in the region.

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When Banks Just Say No To Marijuana Companies

BANKING: Finance Solutions Offered for Current Cash Business

Armored vehicles. Vaults. Talk of cryptocurrency. These are realities for San Diego marijuana businesses like Outco that are unable to obtain bank accounts.

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Port of S.D. Launches Liner Service Partnership with G2 Ocean

The three-year contract with G2 is the biggest the port has landed in years and will bring an estimated $600,000 in revenue annually for the San Diego Unified Port District.

Kieran Gallahue Joins Arena Pharmaceuticals’ Board

Life sciences veteran Kieran Gallahue was named to Arena Pharmaceuticals’ board of directors.

Synteract Buys Cu-Tech

San Diego-based Synteract has acquired Cu-Tech, and has established a center for dermatology development, with the aim of being a big player in dermatology clinical trials.

Qualcomm to Pay 62 Cents Per Share Cash Dividend

Quarterly dividends were boosted 9 percent as of midyear.