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Fresh Healthy Vending International Inc., a San Diego-based healthful foods vending franchisor, announced its signing of a new three-year deal with United Natural Foods Inc. offering Fresh Healthy’s franchisees an additional discount on food purchases.
Kratos Defense & Security Solutions Inc. said on March 10 that it received orders worth $4.1 million for specialty electronics that will eventually go in U.S. Navy aircraft.
U.S. Trade Representative Michael Froman and Congressman Scott Peters on Tuesday will visit Ballast Point Brewing and Spirits and Solar Turbines Inc., two San Diego companies they say illustrate how exports and trade unlock economic opportunity for Americans.
Northrop Grumman Corp. said recently that the cost per flight hour for its Global Hawk unmanned aircraft saw a “significant decrease” during 2014, while flight hours rose nearly 40 percent.
Sotera Wireless, the Mira Mesa-based medical device company, said on Feb. 25 that it acquired Reflectance Medical Inc. of Westborough, Mass. for undisclosed terms.
Opening the door to potential sales to Spain, General Atomics Aeronautical Systems Inc. announced on March 2 that it is teaming up with SENER, a Spanish engineering firm, to make its Predator B unmanned aircraft available to the government of that European country.
3D Robotics, a maker of small unmanned aircraft which it hopes to sell to businesses, said that it received $50 million in a series C funding round led by Qualcomm Inc. (Nasdaq: QCOM).
SOFTWARE: Exposure To Smoke, Chemicals And More Is Logged
Sometimes business plans take a detour.
BREWING: Ballast Point, And Others Keep Growing
Few local beer makers had a growth ride on par with San Diego’s Ballast Point Brewing & Spirits during 2014.
Isis Pharmaceuticals Inc. reported a significantly improved fourth quarter net income of $31 million, up from a net loss of $24.3 million in the same quarter last year.
Senomyx Inc., a biotechnology company that makes flavor-enhancers, on Thursday reported a loss of $3.1 million in its fourth quarter.
Tandem Diabetes Care Inc., a medical device company and manufacturer of insulin pumps, announced in a statement Tuesday that it intends to raise $60 million in an underwritten public offering.
Cohu Inc., the Poway maker of test equipment for semiconductor manufacturers, reported net income of $374,000 on net sales of $96.2 million for its fourth quarter, which ended on Dec. 27. In the same quarter one year ago, the company reported a net loss of $6.5 million on net sales of $61.1 million.
Aircraft: Public Comment Period Is Now Taking Place
Businesses might not deliver packages or pizzas by drone quite yet, but the Federal Aviation Administration is taking a step toward the commercial use of small unmanned aircraft.