San Diego Business Journal

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Private ‘Conversations’

MedCrypt Aims to Take Dangers Out Of Medical Device Communications

Medical devices, like anything else hooked to the internet, can offer a convenient door for intruders wanting to enter a device or an entire hospital network. Responding to the hacker threat, a bicoastal startup called MedCrypt is building a business on medical device security.

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Securing An Advantage

Webroot Assembles Assets and Acquisitions Into an Effective Force For Cybersecurity

To hear Hal Lonas tell it, the choice was obvious. In fact, it wasn’t much of a choice.

In this Case, SaaS Could Stand for ‘Software as a Stylist’

Who knew that hair dye could be at the heart of a disruptive technology business?

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Headphones Have Something For the Eyes as Well as the Ears

TECH: Eco-Friendly Custom Designs Leave Room for User’s Personality

Everything old is new again. When Rich Bracke talks about putting something different into the consumer electronics that his business develops and sells, he talks about … wood.

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Software Could Shift Load for Truckers

LOGISTICS: Smaller Carriers Get More Access to Shippers

It’s a long road with nothing but prairie between Ogallala and North Platte, Neb.

Jamul Indian Village Completes $460 Million Refinancing of Casino

Jamul Indian Village completed a $460 million refinancing of its Hollywood Casino Jamul-San Diego development project, the Indian band said Oct. 24. The casino opened Oct. 10 in San Diego’s East County region.

UC San Diego Receives $1.4 Million, Cyber-Focused Federal Grant

The local University of California campus received a $1.4 million award from the U.S. Department of Homeland Security to explore the global internet and push the frontiers of cybersecurity research.

Potential 700 Layoffs at General Dynamics NASSCO

San Diego shipbuilder General Dynamics NASSCO is warning 700 employees that they may be laid off in January, a company spokesman said Oct. 25.

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John David Wicker Named Athletic Director at SDSU

San Diego State University has named John David Wicker as athletic director. Wicker was previously deputy athletic director at SDSU from 2011 to 2015, when he took a job in the athletic department at Georgia Tech.

Ostendo Technologies Raises $41.8 Million

Carlsbad-based Ostendo Technologies Inc. recently raised $41.8 million for its business leveraging a novel technology that it has developed. Ostendo makes a microchip that gives a smartphone the ability to project an image on a wall.

GA ASI Gets $310 Million Army Contract

The U.S. Army awarded General Atomics Aeronautical Systems Inc. a $310 million contract for one year of logistics to sustain the Army’s Gray Eagle unmanned aircraft.

WD-40 Co. Reports $52.6 Million in Net Income for 2016

WD-40 Co. reported a 20 percent increase in profits for fiscal 2016.

Abacus Data Systems Inc. Rolls Out New Brand: Abacus Next

San Diego-based Abacus Data Systems Inc. has taken a new name: Abacus Next.

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New, Advanced Arresting Gear for Carriers Gets Its First Jet

New, Advanced Arresting Gear for Carriers Gets Its First Jet Its technology bound for a new generation of aircraft carriers, General Atomics’ advanced arresting gear trapped its first jet on Oct. 13. The contractor and its U.S. Navy partner are still taking baby steps with their new technology, so the trap was on dry land (specifically a runway in Lakehurst, N.J.) rather than the moving deck of a ship at sea. Video released by the Naval Air Systems Command, aka NAVAIR, showed a gray F/A-18E Super Hornet touching down, dragging its tail hook along the ground, catching a cable stretched across the runway, and making a quick stop as the cable — connected to the GA arresting gear — absorbed all the energy of a flying jet.

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On Deck

Contractors Look to Be The One to Land Lucrative Deal for Aircraft-Carrier-Based UAV

It’s a military aircraft project easily worth billions of dollars, perhaps north of $10 billion, with a good chance of going to a San Diego vendor.

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Talent Pool

SPORT: Aqua Lung Looks To Pass Competitors With The Help of Michael Phelps

Quick. Name one of the biggest French companies in San Diego’s North County. One that balances showy, high-stakes athleticism with the silence of military covert operations. One built on a legacy of undersea exploration.

Qualcomm Bringing 5G Modem to Market

Qualcomm Inc. said it is bringing a fifth-generation modem to market, offering a way for wireless devices to communicate at ultra-fast speeds over dedicated radio frequencies.

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Alex Rogers Named President of Qualcomm Technology Licensing

Qualcomm Inc. appointed Alex Rogers as president of its intellectual property arm, Qualcomm Technology Licensing. Rogers, a 15-year employee, has led Qualcomm’s licensing arm since March and has led its litigation department since 2007.

LRAD Corp. Receives $1.3M Contract From Undisclosed Foreign Company

LRAD Corp. received a $1.3 million order for mobile mass-notification systems, the North County company announced on Oct. 18.

Navy Awards Poway Company Five-Year, $35.7 Million Contract

A new U.S. Navy contract may be worth up to $35.7 million for a Poway-based company.

New DoD Tech Office Awards Kratos $12.6 Million Contract

San Diego-based Kratos Defense & Security Solutions Inc. said it received a $12.6 million single-award prime contract to integrate sensors into an unmanned aerial vehicle.

Qualcomm Files Patent Complaints Against Chinese Electronics Maker

Qualcomm Inc. has ramped up its legal action against Chinese electronics maker Meizu.

Shares Fall After Cubic Corp. Lowers Sales/Earnings Estimates

Shares in Cubic Corp. fell 11 percent to close at $40.03 on Oct. 13 after the company said it expected lower-than-expected sales and earnings for the year.

NetraDyne Merges Technologies to Enhance Fleet Management

NetraDyne, an artificial intelligence company with offices in San Diego and Bangalore, India, has launched its first product, called Driver-i.

BlackRock Reports 10.2 Percent Stake in Callaway Golf

Investment management firm BlackRock Inc. held a 10.2 percent stake in Carlsbad-based Callaway Golf Co. as of Sept. 30, crossing a threshold where the fund had to report its stake to securities regulators.

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AI Allows Robots to Make Clean Break From Controller

TECH: Machines Autonomously Take On Floor Scrubbing Job

After seven years, San Diego-based Brain Corp. is finally going commercial. Once part of Qualcomm Inc. and still funded by the giant, the independent firm is getting set to lend its formidable brainpower to … scrubbing floors.

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Terminal to Carry Greater Economic Load

The Port of San Diego sees its 10th Avenue Marine Terminal as an economic engine that could pick up a lot of steam between now and 2035.

John Roshala Promoted to Chief Revenue Officer at NoteVault

NoteVault said Oct. 11 that it promoted John Roshala to chief revenue officer.

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Navy Secretary to Address S.D. Defense Contractors, Military Leaders

Navy Secretary Ray Mabus will speak before an audience of defense contractors and military leaders next week in San Diego.

SPAWAR Awards $20 Million Contract to Cubic Corp.

Cubic Corp. said on Oct. 10 that it received a task order from San Diego-based SPAWAR Systems Center Pacific that could be worth up to $20 million.

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Ann M. Livermore Named to Qualcomm Board of Directors

Qualcomm Inc. announced on Oct. 10 that the company named Ann M. Livermore to its board of directors.

Vault RMS Selected to Join Homeland Security's EMERGE Accelerator Program

Vault RMS, a San Diego-based startup, said on Oct. 6 that it was selected to join the U.S. Department of Homeland Security’s EMERGE accelerator program.

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Duffield Named SCORE San Diego Chapter President

SCORE, the Service Corps of Retired Executives, announced that longtime SCORE mentor Harry Duffield took over as president of the organization’s San Diego chapter Oct. 1.

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Hollywood Casino Jamul-San Diego to Open Oct.10

Managers of Hollywood Casino Jamul–San Diego have chosen Monday, Oct. 10, as the attraction’s opening day.

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At This Institute, It Is About Degree of Interest and Aptitude

TECH: Technological, Mechanical Abilities Shaped Off College Track

Behind a big roll-up door, in warehouse space at the back of Coleman University on Balboa Avenue, Rod Weiss, James Burns and several other technologically inclined people have put together a space called ENVI.

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Charge!

TransPower Converts Large Working Vehicles Into Electric-Powered, Fossil-Fuel Shunning Systems

If Mike Simon had his way, trucks in high-traffic areas might share a feature with San Diego Trolley cars. They would have pantographs. Pan-to … what?

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UAVs’ Eyes in the Sky About to Improve With New Sensors

Northrop Grumman Corp.’s Global Hawk high-altitude unmanned aircraft will carry a sophisticated, hawk-eyed sensor aloft by late 2017. Sensor builder UTC Aerospace Systems — a unit of United Technologies Corp. — made the announcement in mid-September.

NASSCO Wins $106.2 Million Navy Contract

The U.S. Navy said that it awarded General Dynamics NASSCO a $106.2 million contract modification to buy materials for a fifth Expeditionary Mobile Base ship, and to support its construction.

Cubic Corp. to Share Five-Year, $5.75B Government Contract

Cubic Corp. said it is one of 109 companies that will share in $5.75 billion worth of work from the federal General Services Administration over the next five years.

Medtech Nasseo Inc. Receives NSF Grant to Improve Spinal Implants

Nasseo Inc., a San Diego medical technology company, announced on Oct. 3 that it received a small business innovation research grant from the National Science Foundation.

NASA Awards Contract to Space Micro Inc.

Space Micro Inc. said it plans to develop a radiation-hardened astrophysics instrument under a recently awarded contract from NASA.

Qualcomm Joins Tech, Auto Companies to Form 5G Automotive Association

Qualcomm Inc. has joined several global wireless companies and German auto industry players in what the partners are calling the 5G Automotive Association.

DNA Electronics Gets Government Deal Potentially Worth $51.9M

DNA Electronics, a U.K. business with a facility in Carlsbad, said it is in line to receive up to $51.9 million in U.S. government funds to develop a next-generation DNA sequencing chip to rapidly diagnose drug-resistant infections and the flu.

Harper Construction Co. Awarded $33.8M Army Contract

The U.S. Army awarded Harper Construction Co. Inc. a fixed-price, $33.8 million contract to design and build a depot maintenance dock hangar. Work will run through September 2018.

Qualcomm Joins Several Other Companies to Form 5G Automotive Association

Qualcomm Inc. has joined several global wireless companies and German auto industry players in what the partners are calling the 5G Automotive Association.

Franklin Wireless Corp. Reports Net Sales of $59.8 Million For 2016

Franklin Wireless Corp. — a Mira Mesa business that produces wireless modems, routers and hotspots — finished its 2016 fiscal year with net income of $1.61 million on net sales of $59.8 million. The company reported results Sept. 28.

Qualcomm Looking to Acquire NXP Semiconductors NV For $30B

Qualcomm Inc. is reportedly in talks to acquire NXP Semiconductors NV in a deal that could be worth more than $30 billion. The Wall Street Journal made the assertion in a Sept. 29 report, citing unnamed sources.

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Wires Are Unusual Twist to Project AirGig’s Wireless Service

AT&T Inc. says that it has been experimenting with a way to deliver very fast wireless service with the help of common, garden-variety power lines.

Kratos Receives $17 Million Contract

San Diego-based Kratos Defense & Security Solutions Inc. said that its Technology and Training Solutions unit received $17 million in contract awards. Kratos (Nasdaq: KTOS) did not name the client or clients and offered no contract details.

Northrop Grumman Corp. Awarded Two Navy Contracts Worth $350 Million

The U.S. Navy awarded Northrop Grumman Corp. two aircraft contracts worth $350 million over four years, announcing the deals on Sept. 27.

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