San Diego Business Journal


Recent and archived news stories on: Aerospace, Agribusiness, Chemicals, Electronics, Energy, Fabrication, Industrial, Plastics, Textiles...

Maxwell Technologies Reports Q4 Revenue of $52.9 Million

Maxwell Technologies Inc. on Thursday reported revenue of $52.9 million for its fourth quarter ended Dec. 31, 2014, up 36 percent from the $39 million recorded in the same period in 2013.

Ligand Pharmaceuticals, Sermonix Sign Licensing Agreement

San Diego-based Ligand Pharmaceuticals Inc. announced Tuesday the signing of a license agreement with Sermonix Pharmaceuticals LLC for the development and commercialization of oral lasofoxifene.

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Imprimis Pharmaceuticals Announces Two Promotions

Imprimis Pharmaceuticals Inc., a pharmaceutical company making compounded drug therapies, announced that it has promoted John Saharek to chief commercial officer and Andrew R. Boll to chief financial officer.

BioNano Genomics Reports Raising $68.5 Million in Financing

San Diego-based BioNano Genomics Inc., a genome-mapping device company, has raised $68.5 million in financing, according to a recent filing with the Securities and Exchange Commission.

Two Businesses Chosen to Work on Five-Year Navy Contract

The U.S. Navy tapped two San Diego businesses — BAE Systems Information Solutions Inc. and Information Systems Laboratories Inc. — to work on intelligence-exploitation and targeting systems over the next five years.

Tony Karklins Named General Manager of BST Bikes

BST Nano Carbon, a Rancho Bernardo manufacturer that uses advanced composite materials, named Tony Karklins general manager of BST Bikes LLC, the company’s cycling division.

Vanguard Delivers Satellite Structures to Lockheed Martin

Vanguard Space Technologies Inc. said on Jan. 22 that it recently delivered two satellite bus structures to satellite-builder Lockheed Martin Corp. (NYSE: LMT).

RF Industries Completes $4.1M Acquisition of Comnet Telecom

RF Industries Ltd., the San Diego maker and distributor of cable assemblies used by wireless carriers, said it completed the acquisition of Comnet Telecom Supply Inc. of New Jersey for $4.15 million.

I.E.-Pacific Inc. Receives $16.4 Million Order From Navy

A San Diego construction company will renovate and build facilities at Naval Base Ventura County to accommodate the U.S. Navy’s new Triton unmanned aircraft.

Adamis Pharmaceuticals Reports Raising $10.6 Million in Public Offering

Adamis Pharmaceuticals Corp., a San Diego-based biopharmaceutical company, raised about $10.6 million in a previously announced public offering, according to a recent company press release.

Marine Group Boat Works Receives $45M in Navy Contracts

Chula Vista-based Marine Group Boat Works LLC said it recently pulled in more than $45 million in contracts to build 27 small boats for the U.S. Navy.

ViaSat Chooses SpaceX for Its Satellite Launch

SPACE: Price of ViaSat-2 Launch Has Not Been Revealed

The first step into orbit is finding someone to take you there. ViaSat Inc. has chosen Elon Musk’s SpaceX to put its ViaSat-2 satellite into orbit in 2016.

Carlsbad-Based Process Peak Acquired by FranConnect

FranConnect Inc. of suburban Washington, D.C. has acquired Carlsbad-based Process Peak, the buyer announced on Jan. 8. Terms of the deal were not immediately available.

WD-40 Reports First-Quarter Net Income of $10.8 Million

WD-40 Co., the San Diego maker of household products, reported 2015 first-quarter net income of $10.8 million, down 6 percent from the like quarter of the prior fiscal year.

SDG&E’s New East County Substation Is Operational

San Diego Gas & Electric announced that the new East County Substation project has been energized and is now operating as an integral part of SDG&E’s electric transmission system.