San Diego Business Journal

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LRAD Corp. Sells System to Government of South Africa

Rancho Bernardo-based LRAD Corp. said that it sold its first mass-notification device to the government of South Africa.

Navy Awards Tetra Tech $7.1 Million Contract

The U.S. Navy awarded the San Diego office of Tetra Tech EC Inc. a $7.1 million contract modification for environmental cleanup at the Navy Exchange gas station in the Jackson Park housing complex in Bremerton, Wash. The deal includes options which, if exercised, would add as much as $200,000 to the cost.

Cohu Inc. Reports Q2 Net Loss of $72K on Net Sales of $75.2M

Cohu Inc. — the Poway business that makes machines to test and inspect semiconductors — reported a net loss of $72,000 on net sales of $75.2 million for the second quarter.

E-commerce site GovX.com Completes $11.5M Funding Round

E-commerce site GovX.com said on July 31 that it completed an $11.5 million funding round to expand its service offerings.

Razer Acquires Ouya’s Software Assets, Hires Technical Team

Razer Inc., the venture-backed Carlsbad company that makes videogame hardware and software, officially announced July 27 that it acquired the software assets of Santa Monica-based Ouya Inc., which produces an Android game platform for the television. Terms of the deal were not disclosed.

Macphun’s Marketing Efforts Keep Its Software in the Picture

TECH: Fluid Sales Tactics, Strong Basics Sell Photo Editing Tools

Kevin La Rue knows the power of the soft sell.

Award-Winning Transit Fare System a ‘Game Changer’

TRANSPORT: Cubic’s London System Operates On Contactless Bank Cards

Take the train from Heathrow Airport to Paddington Station. Just touch your bank card to an electronic reader and your fare is paid.

Maxwell Technologies Restructuring, Reducing Staff

Maxwell Technologies Inc., a maker of energy storage devices called ultracapacitors, said on July 30 that it was in the process of restructuring, reducing head count and consolidating U.S. manufacturing operations, all in order to reach profitability.

SDMAC Executive Director Stepping Down

MILITARY: Blumberg Has Led Military/Business Group Since 2005

Larry Blumberg, executive director of the San Diego Military Advisory Council, will retire from that position at the end of the year, the organization announced on July 24.

URS to Continue Managing Hazardous Waste at Navy's Repair Depot

URS Federal Services Inc. of Germantown, Md. will manage hazardous materials for the Defense Logistics Agency for one more year at the U.S. Navy aircraft repair depot at Naval Air Station North Island, the Pentagon announced on July 24.

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