San Diego Business Journal


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Tony Karklins Named General Manager of BST Bikes

BST Nano Carbon, a Rancho Bernardo manufacturer that uses advanced composite materials, named Tony Karklins general manager of BST Bikes LLC, the company’s cycling division.

By Mike Allen January 26, 2015 4:36 p.m.   Share

BioNano Genomics Reports Raising $68.5 Million in Financing

San Diego-based BioNano Genomics Inc., a genome-mapping device company, has raised $68.5 million in financing, according to a recent filing with the Securities and Exchange Commission.

Two Businesses Chosen to Work on Five-Year Navy Contract

The U.S. Navy tapped two San Diego businesses — BAE Systems Information Solutions Inc. and Information Systems Laboratories Inc. — to work on intelligence-exploitation and targeting systems over the next five years.

Vanguard Delivers Satellite Structures to Lockheed Martin

Vanguard Space Technologies Inc. said on Jan. 22 that it recently delivered two satellite bus structures to satellite-builder Lockheed Martin Corp. (NYSE: LMT).

RF Industries Completes $4.1M Acquisition of Comnet Telecom

RF Industries Ltd., the San Diego maker and distributor of cable assemblies used by wireless carriers, said it completed the acquisition of Comnet Telecom Supply Inc. of New Jersey for $4.15 million.

I.E.-Pacific Inc. Receives $16.4 Million Order From Navy

A San Diego construction company will renovate and build facilities at Naval Base Ventura County to accommodate the U.S. Navy’s new Triton unmanned aircraft.

Adamis Pharmaceuticals Reports Raising $10.6 Million in Public Offering

Adamis Pharmaceuticals Corp., a San Diego-based biopharmaceutical company, raised about $10.6 million in a previously announced public offering, according to a recent company press release.

Marine Group Boat Works Receives $45M in Navy Contracts

Chula Vista-based Marine Group Boat Works LLC said it recently pulled in more than $45 million in contracts to build 27 small boats for the U.S. Navy.

ViaSat Chooses SpaceX for Its Satellite Launch

SPACE: Price of ViaSat-2 Launch Has Not Been Revealed

The first step into orbit is finding someone to take you there. ViaSat Inc. has chosen Elon Musk’s SpaceX to put its ViaSat-2 satellite into orbit in 2016.

Carlsbad-Based Process Peak Acquired by FranConnect

FranConnect Inc. of suburban Washington, D.C. has acquired Carlsbad-based Process Peak, the buyer announced on Jan. 8. Terms of the deal were not immediately available.

WD-40 Reports First-Quarter Net Income of $10.8 Million

WD-40 Co., the San Diego maker of household products, reported 2015 first-quarter net income of $10.8 million, down 6 percent from the like quarter of the prior fiscal year.

SDG&E’s New East County Substation Is Operational

San Diego Gas & Electric announced that the new East County Substation project has been energized and is now operating as an integral part of SDG&E’s electric transmission system.

Poway's General Atomics Awarded $43.3 Million Contract

The U.S. Air Force awarded Poway’s General Atomics Aeronautical Systems Inc. a $43.3 million contract to provide unspecified retrofits to an unspecified number of Reaper unmanned aircraft.

EDF Orders 150 Megawatts of Wind Turbine Generators

San Diego-based EDF Renewable Energy said it has placed a firm order with Vestas Wind Systems A/S for 150 megawatts of wind turbine generators, closing the books on the master supply agreement announced in September 2013, with orders totaling 1,094 MW.

GlySens Announces Close of $12 Million Series C round

San Diego-based GlySens Inc., a medical technology company, announced Monday that it has closed a $12 million Series C investment round.