San Diego Business Journal

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Boston-Bound iBoss Still Committed to S.D.

aker reported a big accomplishment for his administration recently: iboss Inc., San Diego’s fast-growing cybersecurity company reportedly valued at $500 million, named Boston its headquarters office.

By Brad Graves May 25, 2017 1:47 p.m. share »

Northrop Grumman Wins $64.5 Million Navy Contract

The U.S. Navy awarded Northrop Grumman Corp. a $64.5 million contract for a year of support for its Broad Area Maritime Surveillance demonstrator unmanned aircraft.

By Brad Graves May 24, 2017 4:07 p.m. share »

ViaSat Reports Record Net Income of $23.8 Million

ViaSat Inc. closed the books on its 2017 fiscal year, recording net income of $23.8 million on revenue of $1.56 billion. The Carlsbad business makes satellite communication gear and offers satellite services to consumers and the airline industry as well as government and military customers.

By Brad Graves May 24, 2017 10:14 a.m. share »

Qualcomm: Over a Million Served Per Day in Internet of Things

Qualcomm Inc. said the company is shipping more than 1 million chips per day for a wide range of connected devices in the internet of things, or IoT.

By Brad Graves May 23, 2017 4:20 p.m. share »

As Challenges Continue, Inseego Gets New Lender

Losses continue for Inseego Corp., the business formerly known as Novatel Wireless.

By Brad Graves May 23, 2017 2:42 p.m. share »

Five Companies Selected to Join Tech Accelerator

Five companies are joining a new technology accelerator program at UC San Diego’s Institute for the Global Entrepreneur, or IGE.

By Brad Graves May 23, 2017 10:37 a.m. share »

iboss Headquarters is Boston-Bound

iboss, the fast-growing cybersecurity company that opened a new San Diego headquarters building in 2015 with much fanfare, has moved its headquarters to Boston.

By Brad Graves May 22, 2017 3:39 p.m. share »

General Atomics Awarded $195.2 Million Navy Contract

The U.S. Navy awarded General Atomics Electromagnetic Systems a $195.2 million deal to put its advanced arresting gear on the USS Enterprise — the third of the new, Gerald R. Ford-class aircraft carriers.

By Brad Graves May 22, 2017 1:48 p.m. share »

Augmented Reality, Mini Satellites Exhibited at Pentagon ‘Science Fair’

Every other year, the Defense Department puts on a science fair of sorts in the central courtyard of the Pentagon building.

By Brad Graves May 22, 2017 11:13 a.m. share »

Grand Opening Set for Frank Subaru's New Superstore on Mile of Cars

Frank Subaru is opening a new 22,000-square-foot superstore on the National City Mile of Cars on May 22.

By Brad Graves May 21, 2017 1:03 p.m. share »

As Competition Heats Up, Harrah’s Says It’s Funner

Gearing up for what promises to be a competitive summer, the Harrah’s casino and resort northeast of Escondido is now marketing itself as Funner, Calif.

By Brad Graves May 18, 2017 4:47 p.m. share »

Lockheed Closes Local Office, Plans Cuts at Training Facility

San Diego’s loss is Denver’s gain as Lockheed Martin Corp. closed one of its local offices.

By Brad Graves May 18, 2017 3:58 p.m. share »

Commander-in-Chief Prefers Steam

The fate of a multibillion-dollar project, General Atomics’ electromagnetic launch system for aircraft carriers, seemed a little more uncertain after President Donald Trump criticized it in an interview with Time magazine. Trump reportedly said that he heard bad reviews of the “digital” aircraft catapults, said he thought they sounded overly complicated and that he would prefer that new aircraft carriers have the legacy technology: steam catapults. The president added some salty language for emphasis.

By Brad Graves May 18, 2017 2:48 p.m. share »
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Battery Safety Concerns Power Innovations

The new style of batteries powering automobiles, smartphones and military vehicles are certainly capable. And they pack more power than other options.

By Brad Graves May 18, 2017 2:20 p.m. share »
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Cordial Makes the Connections That Convince Customers to Buy

Visit an e-commerce website and you are likely to get a computer talking back to you before too long.

By Brad Graves May 18, 2017 2:01 p.m. share »

Navy Awards Rolls Royce Contract for Work at MCAS Miramar

Rolls Royce Corp. will perform up to $4.7 million worth of work at Marine Corps Air Station Miramar for its other business — aircraft engines.

By Brad Graves May 17, 2017 4:51 p.m. share »

State Awards Diakont $250,000 Tax Credit

Diakont Advanced Technologies Inc. of Kearny Mesa said it has received a $250,000 California Competes Tax Credit from Gov. Jerry Brown’s Office of Business and Economic Development.

By Brad Graves May 17, 2017 11:30 a.m. share »

Qualcomm Sues Manufacturers of Apple iPhones

Qualcomm Inc. said on May 17 that it filed a breach of contract complaint against the companies that manufacture Apple Inc.’s iPhone and iPad mobile devices.

By Brad Graves May 17, 2017 9:37 a.m. share »

GA-ASI, Northrop Receive Pentagon Contracts

Two major producers of unmanned military aircraft received contracts collectively worth approximately $700 million early this week. The Pentagon announced the two contract wins on May 16.

By Brad Graves May 16, 2017 3:54 p.m. share »

Here Come the Big Guys: How One Tech CEO Spotted Opportunity

A team that helped found San Diego’s BlueHornet Networks Inc. around 1999 and 2000 thinks it sees another opening in messaging software.

By Brad Graves May 15, 2017 1:44 p.m. share »

MaxLinear Completes Acquisition of Exar Inc. for $687 Million

Carlsbad-based MaxLinear Inc. said on May 12 that it completed its acquisition of Exar Inc. for $687 million cash. Exar shareholders will receive $13 per share — a 22 percent premium on Exar’s price on March 28, the day before the offer was announced.

By Brad Graves May 15, 2017 12:51 p.m. share »

Telemundo to Debut New Local Channel

Florida-based Telemundo plans to serve Spanish-speaking audiences in San Diego and Baja California with a new television channel, set to debut on July 1.

By Brad Graves May 15, 2017 12:49 p.m. share »

Crime Fighters Get In-Flight Internet

The internet is almost everywhere, but according to the Mayor’s Office, it hasn’t been in San Diego Police Department helicopters. Until now. AT&T Inc. recently designed a highly secure connection for the San Diego Police, a connection that leverages the telecom carrier’s 4G LTE wireless network. Now the department’s tactical flight officers can use ruggedized tablet computers to get to the internet, including the department’s computer-aided dispatch system (which provides officers with updated information about incidents as they play themselves out).

By Brad Graves May 15, 2017 10:07 a.m. share »

Kratos Partners to Sniff Out Radio Signals

Kratos Defense & Security Solutions Inc. of University City said it’s teaming up with a satellite company called HawkEye 360 Inc. The latter business plans to launch a trio of small satellites in 2018; those satellites will detect radio signals from a perch 375 miles above the Earth. Under a memorandum of understanding, Kratos (Nasdaq: KTOS) and HawkEye will explore the potential of expanding the terrestrial carrier monitoring, interference detection and geolocation services that Kratos offers to governments and commercial satellite networks.

By Brad Graves May 15, 2017 10:06 a.m. share »
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Nanome Inc.’s 3-D Modeling May Help Shape Solutions, Save Lives

One minute I’m at UC San Diego, on the second floor of an engineering building. The next I’m taking a dive through a virus. It’s amazing where virtual reality might take you.

By Brad Graves May 15, 2017 9:38 a.m. share »
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These 3 e-Learning Companies Want You to Know…

Would-be CPAs studying into the night. Doctors wanting to keep their skills current. Corporate executives trying to turn mandated training into something palatable … maybe even entertaining.

By Brad Graves May 15, 2017 9:23 a.m. share »

GA-ASI Awarded $221.6 Million Contract for Gray Eagle Aircraft, Equipment

The U.S. Army awarded a $221.6 million contract modification to General Atomics Aeronautical Systems Inc. on May 10, the Pentagon announced.

By Brad Graves May 14, 2017 1:04 p.m. share »

GA-ASI Awarded $221.6M Contract for Gray Eagle Aircraft, Equipment

The U.S. Army awarded a $221.6 million contract modification to General Atomics Aeronautical Systems Inc. on May 10, the Pentagon announced.

By Brad Graves May 12, 2017 9:36 a.m. share »

Reporter’s Notebook: Forgotten Downtown Business Leaves Its Mark

San Diego business stories can turn up in the oddest places. Who knew an old box of doll furniture would contain one?

By Brad Graves May 11, 2017 5:10 p.m. share »
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Proficio Names Tim Capps Managing Director of Overseas Business

Carlsbad-based cybersecurity specialist Proficio has named Tim Capps managing director of its Europe, Middle East and Africa business. The business announced the move on May 9.

By Brad Graves May 11, 2017 1:25 p.m. share »

TaylorMade Golf Sold to New York-Based Co. for $425M

KPS Capital Partners LP is buying Carlsbad’s TaylorMade Golf Co. from Adidas AG for $425 million.

By Brad Graves May 11, 2017 11:55 a.m. share »

NTN Buzztime Reports Q1 Net Loss

NTN Buzztime Inc. — the Carlsbad company that provides games, electronic menus and electronic payment systems to businesses such as Buffalo Wild Wings — reported a net loss of $90,000 on revenue of $5.2 million during the first quarter.

By Brad Graves May 10, 2017 3:16 p.m. share »

AstroPrint Kickstarter Campaign Raises Goal in 3 Hours

San Diego-based AstroPrint embarked May 9 on its second Kickstarter campaign in two years.

By Brad Graves May 9, 2017 2:44 p.m. share »

Cooling Down Microchips With ... Velvet?

A small local company has a fuzzy answer to the question of how to keep electronics cool.

By Brad Graves May 9, 2017 2:38 p.m. share »

Cubic Reports Dip in Q2 Net Income, Sales

Cubic Corp. reported net income of $500,000 on sales of $343.7 million in its second quarter. The business reported its financial results on May 8.

By Brad Graves May 9, 2017 2:24 p.m. share »

Carlsbad's Callaway Golf Reports Q1 Net Income of $26 Million

Callaway Golf Co. reported a “better than expected” first quarter, with net income of $26 million, or 27 cents per share, on net sales of $309 million.

By Brad Graves May 8, 2017 11:35 a.m. share »

Colorado-Based Zayo Buys 2 San Diego Data Centers From Kio for $12M

Publicly traded Zayo Group Holdings Inc. closed its acquisition of two San Diego data centers for $12 million, the acquiring company announced.

By Brad Graves May 8, 2017 10 a.m. share »

Comhear Changes the Way You Hear the Virtual and the Real World

Comhear CEO Perry Teevens said his company’s technology gives users a headphonelike experience, except without the headphones.

By Brad Graves May 7, 2017 1:08 p.m. share »

Kratos Defense & Security Solutions Reports Q1 Revenues of $167.8M

Kratos Defense & Security Solutions Inc. reported a net loss of $10 million, or 13 cents per share, on revenues of $167.8 million in the first quarter of 2017.

By Brad Graves May 7, 2017 1 p.m. share »

ID Analytics Announces Appointment of Nigam as SVP of Product and Technology

San Diego-based ID Analytics LLC has named Ajay Nigam to the post of senior vice president of product and technology, where he will oversee the introduction of new products to the market.

By Brad Graves May 7, 2017 12:58 p.m. share »

Company Changes the Way You Hear the Virtual and the Real World

Comhear CEO Perry Teevens said his company’s technology gives users a headphonelike experience, except without the headphones.

By Brad Graves May 5, 2017 2:57 p.m. share »

ID Analytics LLC Announces Appointment of Nigam as SVP of Product and Technology

San Diego-based ID Analytics LLC has named Ajay Nigam to the post of senior vice president of product and technology, where he will oversee the introduction of new products to the market.

By Brad Graves May 5, 2017 10:49 a.m. share »

Kratos Reports Q1 Revenues of $167.8M

Kratos Defense & Security Solutions Inc. reported a net loss of $10 million, or 13 cents per share, on revenues of $167.8 million in the first quarter of 2017.

By Brad Graves May 5, 2017 10:40 a.m. share »
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Ajay Nigam Joins ID Analytics as SVP of Product/Technology

San Diego-based ID Analytics LLC has named Ajay Nigam to the post of senior vice president of product and technology, where he will oversee the introduction of new products to the market.

By Brad Graves May 4, 2017 2:35 p.m. share »

A Peek at the Not-So-Distant Past

Ten years ago, in May 2007, few people saw a recession on the horizon, and the San Diego Business Journal featured this in its pages …

By Brad Graves May 4, 2017 2:30 p.m. share »
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Qualcomm’s IP and Licensing Strength Targeted in Disputes

It’s a fairly straightforward process. Modern-day Thomas Edisons dream up the invention. Their lawyers draw up the patent. And the technical splendor of that patent leads to a licensing agreement with Consumer Product Manufacturer X, which wants to use the invention in cutting-edge devices such as smartphones.

By Brad Graves May 4, 2017 2:23 p.m. share »

Vaulted Makes Its Debut

Cubic Corp. is offering something new in cybersecurity: an application called Vaulted.

By Brad Graves May 4, 2017 2:13 p.m. share »
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Planck to Adapt Drone for Role in Border Protection

It’s not really a defense contract, but it’s definitely a federal effort. East Village-based Planck Aerosystems Inc. recently received $152,500 from the U.S. Department of Homeland Security to develop unmanned aircraft technology that may help border patrol agents do their work. DHS announced the award on April 27.

By Brad Graves May 4, 2017 2:11 p.m. share »
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New Sensor Improves Global Hawk’s Vision

Northrop Grumman Corp.’s Global Hawk high-altitude spy aircraft recently made its first flight carrying a UTC Aerospace Systems MS-177 long-range multispectral imaging sensor. The high-tech sensor is a derivative of the powerful camera carried on the U-2 spy aircraft. The test flight, out of Palmdale, was Feb. 8, but UTC kept the wraps on the announcement until mid-April.

By Brad Graves May 4, 2017 2:10 p.m. share »
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Co. Changes the Way You Hear the Virtual and the Real World

This company’s technology gives users a headphonelike experience, except without the headphones.

By Brad Graves May 4, 2017 1:43 p.m. share »

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