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Drone City

TECH: Elements in Place To Keep S.D. at Forefront Of Robotics RevolutionSan Diego is becoming a force to be reckoned with in the field of robotics and remotely operated vehicles.

By Brad Graves September 5, 2014 2:33 p.m.   $$ Share

Zogenix Acquires U.K.-Based Brabant Pharma

Zogenix Inc., a San Diego-based pharmaceutical company making products for the treatment of pain-related and central nervous system disorders, announced that it has acquired Brabant Pharma, a privately-held U.K.-based pharmaceutical company for $20 million in cash and $15 million in stock, plus potential future milestone and royalty payments.

Ligand Pharmaceuticals Reports $15 Million in Revenue for Third Quarter

San Diego-based Ligand Pharmaceuticals Inc. reported $15 million in revenues for the quarter ending Sept. 30, 2014, $7.5 million of which came from royalties.

Teledyne Technologies acquires Carlsbad-Based Oceanscience Group Ltd.

The Oceanscience Group Ltd., a Carlsbad manufacturer of marine sensor platforms and unmanned surface vehicles, was acquired by Teledyne Technologies Inc., the buyer said.

QCMI to Create Program to Train Machinists

Quality Controlled Manufacturing Inc., a Santee contract manufacturer, said it will collaborate with the San Diego Workforce Partnership, the local job training agency, to establish a machinist training program at its site with funding in place for the first 12 students.

Stone to Build Distribution Center In Vista

Stone Brewing Co., the Escondido juggernaut that recently struck deals to build breweries in both Virginia and Berlin, said it plans to open a distribution center in Vista for its national clients.

ResMed Inc. Posts $380.4 Million in First-Quarter Revenue

San Diego-based ResMed Inc., a medical technology company making devices for sleep-related breathing disorders, announced revenue of $380.4 million for the quarter ending Sept. 30, a 6 percent increase compared to the same quarter last year.

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Pizza Port Brewing Co. Gets Nevada Distribution Deal

Pizza Port Brewing Co.’s craft beer will be distributed outside of Southern California for the first time, as Southern Wine & Spirits of Nevada, an alcoholic beverage distribution company, introduces it to the Las Vegas and Reno markets.

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Stone to Open Distribution Center in Vista

Stone Brewing Co., the Escondido juggernaut that recently struck deals to build breweries in both Virginia and Berlin, said it plans to open a distribution center for its national clients in Vista.

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Northrop Grumman Reports Successful Tests of Roadside-Bomb Jamming Device

Northrop Grumman Corp. said on Oct. 16 that its JCREW system — an electronic signal jammer designed to foil roadside bombs — made it through an extensive battery of tests at five Defense Department facilities in preparation for deployment in 2015.

Albireo of New Jersey Buys Two Poway Companies

Electronic Control Systems and Green Total Solutions, both based in Poway, were acquired by Albireo Energy LLC of New Jersey for an undisclosed price.

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WD-40 Co. Reports $43.7M Net Income for the Year

Shares of WD-40 Co. gained almost 6 percent Oct. 17, one day after the company announced fourth quarter earnings.

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Kratos Defense & Security Solutions Announces Several Contracts

Kratos Defense & Security Solutions Inc. announced several contract wins in the seven-day span of Oct. 9-15.

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Air Force Defends Its Reaper Drone Purchases

The U.S. Air Force rebutted a Department of Defense Inspector General’s report alleging that the Air Force is buying too many Reaper drones from General Atomics Aeronautical Systems Inc.

Sustainable Finfish Farm Planned Off San Diego Coast

San Diego-based Hubbs-SeaWorld Research Institute and private equity firm Cuna del Mar LP have filed permits to develop an environmentally sustainable, 5,000-metric-ton finfish farm off the San Diego coast.

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Stone Brewing Investing $74 Million in New Virginia Operations

Escondido-based Stone Brewing Co. plans to invest $74 million in a new East Coast brewing facility planned for Richmond, Va.