San Diego Business Journal

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ViaSat Acquires Some of Gray Labs' Assets

ViaSat Inc. said on July 28 that it acquired certain assets of Georgia-based Gray Labs Inc. for undisclosed terms.

Port Board Approves Severance for Controversial CEO

Wayne Darbeau is leaving his job as CEO of the Port of San Diego following a controversy.

Port Approves Severance Agreement, Mutual Release for Controversial CEO

Wayne Darbeau is leaving his job as CEO of the Port of San Diego following a controversy.

Co. Sees Short Trips as Point to Cut Pollution in the Long Haul

Short-haul truck trips originating at seaports and rail yards contribute their share of urban pollution. Transportation Power Inc. is trying to build a business around cleaning up such trips.

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Grace Riding a Big Growth Wave Atop Internet Radios, Electronics

TECH: Co. Expects to Top $30M in Revenue in 2014

Grace Digital Inc. seems to be winning the consumer electronics game.

More S.D. Cos. Ponder Packing their Bags

Business: Most Staying, Citing Talent Among Reasons

One out of every seven companies here is thinking — at least half-seriously — about leaving San Diego County, following in the footsteps of some high-profile businesses such as Websense, Active Network LLC and Omnitracs LLC.

Pfenex Raises $50 Million in IPO

Pfenex Inc., a Sorrento Valley biotech firm specializing in a class of drugs called biosimilars, raised $50 million in its initial public offering July 23, selling 8.33 million shares at $6 per share.

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Cubic Defense Contract Is Potentially Worth $500 Million

The Pentagon said on July 23 that the Defense Threat Reduction Agency awarded Cubic Corp. a contract that could be worth up to $500 million over 10 years.

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Qualcomm Reports Record Revenue

Qualcomm Inc. reported net income of $2.24 billion on revenue of $6.81 billion during its third quarter, which ended June 29.

Former Qualcomm Exec Joins Board of Brain Corp.

Steve Altman, the former president and vice chairman of Qualcomm Inc. who led the creation of that company’s technology licensing strategy, has joined the board of Brain Corp.

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Encore Semi Opens Four New U.S. Offices

Each site will include technical and sales staff.

Companies Vie for Temporary Staffing Work at San Diego-Area Navy Hospitals

Task orders under the contract could be worth up to $130.4 million.

Omnitracs to Move Headquarters to Dallas

Omnitracs LLC is moving its head office from San Diego to Dallas with $3.9 million worth of help from Gov. Rick Perry’s Texas Enterprise Fund.

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Tech Coast Angels Quick Pitch Contest Deadline Is Approaching

Tech Coast Angels has set July 31 as the deadline for fledgling technology businesses to apply for the John G. Watson Quick Pitch event, set for Sept. 25.

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Stone Brewing to Open Facility in Germany

Stone Brewing Co. plans to spend more than $25 million renovating building for beer making.

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Deadline for Quick Pitch Contest Is Approaching

Tech Coast Angels has set July 31 as the deadline for fledgling technology businesses to apply for the John G. Watson Quick Pitch event, set for Sept. 25.

Mtell’s Software Goes Looking For Trouble … Before It Happens

TECH: Predictive Analytics Applied to Industrial Equipment

Industrial software writer Mtell might not be able to repeat its recent 375 percent growth spurt, but it’s making more people take notice.

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Edico’s Strategy Is To ‘Come in Second’

TECH: Its Chip Makes Sense Of Genome Sequencing Data

Armed with fresh venture funding and steered by some of the best thinkers in biotechnology, San Diego-based Edico Genome is headed to market with a specialized microchip that it hopes will become the definitive second step in processing a genome.

Omnitracs Is Moving Headquarters to Dallas; Co. Will Maintain a Local Office

Omnitracs LLC is moving its head office from San Diego to Dallas with $3.9 million worth of help from Gov. Rick Perry’s Texas Enterprise Fund.

Local Tribe to Offer Wagering on Online Poker

A business run by a San Diego County American Indian tribe has begun hosting poker games on the Internet.

Kratos Receives Army Contract Potentially Worth 34.8M

Kratos Defense & Security Solutions Inc. said July 15 that it received a U.S. Army contract that could be worth up to $34.8 million over five years.

Edico Genome Gets $10 Million in Series A Financing

Edico Genome, a San Diego bioinformatics chip maker, announced July 17 that it received $10 million in Series A venture funds.

General Atomics Receives $38.8M Army Deal for Explosives Detection

The U.S. Army awarded Poway-based General Atomics Aeronautical Systems Inc. a $38.8 million, one-year contract modification to operate, sustain and integrate Highlighter sensors able to detect improvised explosive devices.

Law Partner Named to Cybersecurity Board

Andrew Serwin, a partner at the law firm of Morrison & Foerster LLP, has been named to the board of the National Cyber-Forensics and Training Alliance. The alliance is a nonprofit

ScoreStream Gets Ready for Some Football With $800,000 in Debt Funding

ScoreStream Inc., which offers high school sports scores in real time, told U.S. securities regulators earlier this month that it issued $800,000 in convertible debt funding.

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General Atomics ASI Is Seeking International Customers for Predator XP

General Atomics Aeronautical Systems Inc. used England’s Farnborough International Air Show to announce the first flight of its Predator aircraft built for markets in the developing world.

Daylight Defense Gets Research Grant From Army

Daylight Defense LLC of Rancho Bernardo said that it received a Small Business Innovation Research grant from the U.S. Army to develop next-generation high-power ultraviolet laser capability to support future defense applications.

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Kratos Reports $4.2M Unmanned Aerial Systems Contract

Kratos Defense & Security Solutions Inc. said that it recently received a $4.2 million contract for unmanned aerial systems from a longstanding customer.

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SDG&E Is First (Utility) in Unmanned Flight With Drone Testing

Setting the stage for unmanned aircraft inspecting power lines, the Federal Aviation Administration gave San Diego Gas & Electric Co. permission to conduct test flights of a small drone in certain rural areas away from houses and in a San Diego utility yard, SDG&E said on July 11.

Royal Australian Navy Taps Tapestry Solutions for Software Work

Kearny Mesa-based Tapestry Solutions said that it received a multimillion-dollar contract from the Royal Australian Navy to create a software tool for a new class of ship.

Tapestry Solutions Gets Royal Australian Navy Contract

Kearny Mesa-based Tapestry Solutions said that it received a multimillion-dollar contract from the Royal Australian Navy to create a software tool for a new class of ship.

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SDG&E Is First Utility Given Permission to Flight-Test Drones

Setting the stage for unmanned aircraft inspecting power lines, the Federal Aviation Administration gave San Diego Gas & Electric Co. permission to conduct test flights of a small drone in certain rural areas away from houses and in a San Diego utility yard, SDG&E said on July 11.

If It Ships, I’m on it; the Business of Logistics Is Now on My Beat

(Editor’s note: This week the San Diego Business Journal debuts a new column from a familiar face, our own Brad Graves, who will add logistics and all that it entails to his coverage areas. He will continue to cover technology and the defense industry, including his column on technology, which he will alternate with his new logistics column.)

Game-Changing Railgun Moves to Next Phase of Development

DEFENSE: System Shoots Projectiles 7 Times Faster Than the Speed of Sound

General Atomics may have been feeling more like a bridesmaid than a bride on a sunny July morning at Naval Base San Diego.

Cubic Sees Military System Making Transition to Civilian Service

LOGISTICS: Tracking Technology’s Uses Being Put To the Test at a Florida Port

When American forces came home from Iraq, they had to take tens of thousands of vehicles with them, shipping them out through a base in Kuwait. And Kearny Mesa-based Cubic Corp. helped the U.S. Army stay on top of that logistical challenge with some specialized radio technology.

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Innovation: Crowdfunding Effort Helps Steak Locker Creator Make the Cut

TECHnology: Home Appliance Uses App as Part Of Recipe for Better Beef

East Village resident Nadia Bruno and her friends had a hunch — or maybe it was a haunch — that their culinary idea might appeal to the consumer market. Their idea was to make a specialized refrigerator to be used exclusively for dry-aging steaks.

Language Debate Hits Internet of Things

TECH: Big Players Split on Adopting M2M Standards

A 7-month-old proposal to create a universal language for the Internet of Things — put forward by Qualcomm Inc. and joined by 50 companies — now faces some competition.

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Qualcomm Sees Benefits in Having Uplinq Conference Elsewhere

Qualcomm is changing the venue of its annual Uplinq conference.

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Northrop Grumman Gets NASA Contract for Drone Work

NASA said earlier this month that it awarded Northrop Grumman Corp. a five-year contract for engineering and maintenance on the space agency’s two Global Hawk high-altitude aircraft, which are hand-me-downs from the U.S. Air Force.

Michaelson Named President at Katz & Associates

Katz & Associates said it has handed day-to-day management of the public relations firm to Lewis Michaelson, who has been named president.

Destroyer Work Worth $15.9 Million for BAE Systems

The U.S. Navy said July 9 that it awarded BAE Systems San Diego Ship Repair a $15.9 million contract modification to do dry dock work on the Arleigh Burke-class destroyer USS Decatur.

Beetham Appointed CEO at Cibus

Peter Beetham has taken the CEO’s job at Cibus, the Mira Mesa-based biotech announced July 8.

ES3 Defense Deal Potentially Worth $7.5M

The U.S. Air Force said on July 8 that it awarded a downtown San Diego company a contract for landing gear emergency response engineering services with a ceiling of $7.5 million.

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Qualcomm Enlists Chinese Manufacturer to Make Snapdragon Processors

Snapdragon processors power smartphones and tablets.

RedIT Completes Data Center Expansion in Rancho Bernardo

The project included adding a network operations center.

Poway Company Gets FDA Approval to Market Assay for Iron Deficiencies

Diazyme Laboratories is part of General Atomics.

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Texas Takes One More

Active Network LLC will move its headquarters to Dallas with the help of $8.6 million in incentives from the state of Texas.

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ViaSat Signs 'Pioneering' Roaming Deal

ViaSat Inc. and Paris-based Eutelsat Communications said on July 1 that they signed what ViaSat called “a pioneering agreement” letting customers of one carrier roam on the other. Financial terms of the deal were not disclosed.

Navy Deal Worth $9.1M for Pacific Ship Repair

The U.S. Navy announced on July 1 that it awarded a $9.1 million contract modification to San Diego-based Pacific Ship Repair and Fabrication Inc. for work on a destroyer in Everett, Wash.

Pacific Ship Repair Gets $9.1M Navy Contract

The U.S. Navy announced on July 1 that it awarded a $9.1 million contract modification to San Diego-based Pacific Ship Repair and Fabrication Inc. for work on a destroyer in Everett, Wash.

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