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ViaSat Inc., the Carlsbad company that sells satellite electronics and services to government and commercial markets, reported net income of $4.5 million (9 cents per share) on revenue of $372.0 million in the fourth quarter ended March 31. The business reported its earnings on May 24.
BlueHornet, a San Diego-based email marketing software and services provider, announced Claire Long as its new chief financial officer.
LRAD Corp., the Rancho Bernardo maker of specialized loudspeakers used by militaries, law enforcement and governments, reported a net loss of $665,000, or 2 cents per share, on revenue of $3.6 million in the second quarter of fiscal 2016, which ended March 31. An income tax benefit of $547,000 cushioned the loss.
Some headphone makers make power their top priority. When they go to market, they promise an overwhelming sensory experience.
The U.S. Navy awarded San Diego-based Cypher Analytics Inc. a contract that could be worth up to $28.8 million over five years.
Bioinformatics firm Edico Genome Corp. has landed its third foundational patent, the company announced Thursday. The patent further secures the company’s core technology, and may ease the minds of collaborators considering new applications for the tech.
Downtown San Diego-based TPT Global Tech Inc. said it acquired Trucom Networks, a competitive local exchange carrier in Arizona and Nevada. Terms of the deal were not disclosed.
Franklin Wireless Corp. reported net income of $391,000 on net sales of $14.1 million during its third quarter, which ended March 31. The San Diego business filed its statement with securities regulators on May 16.
Abacus Data Systems Inc. announced on May 17 that it acquired Toronto-based Amicus Attorney, a practice management solution for lawyers. Financial terms of the transaction were not disclosed.
San Diego ranked third in a national clean tech leadership index released May 17 by Clean Edge Inc.
Synoptek, an Irvine-based IT managed services provider and cloud solutions firm, announced it is expanding its presence in San Diego and opening a new office.
Novatel Wireless Inc. reported a net loss of $11.9 million on total net revenues of $66.9 million in its first quarter.
Venture capital dipped slightly for San Diego companies, according to a first-quarter report from Cushman & Wakefield. The health care sectors, however, are still stealing the show.
Two firms in San Diego County announced partnerships Thursday, one with tech giant IBM and the other with the University of California, Los Angeles.
SOFTWARE: Sensors Used to Identify Various Problems in Crops
Drones can’t deliver your supper — not in U.S. airspace — but they have already worked their way into the food chain.