San Diego Business Journal

Qualcomm Acquiring Dutch AI Company

Qualcomm Inc. is buying Scyfer BV, a Dutch artificial intelligence business founded by a professor at the University of Amsterdam.

By Brad Graves August 16, 2017 1:03 p.m. share »

Federal Grant to Power Development of Morphine Sensor

CARI Therapeutics, a business in residence at UC San Diego, has received federal funds to develop an implantable biosensor that could detect opioids in the bodies of patients recovering from drug problems.

By Brad Graves August 15, 2017 4:44 p.m. share »

Encinitas Firm's Tech Behind GoDaddy Telephone Service

GoDaddy Inc. has rolled out a small business telephone service called SmartLine using technology developed with the help of its recent acquisition, Encinitas-based Freedom Voice.

By Brad Graves August 15, 2017 3:42 p.m. share »

Escondido Construction Firm Awarded Pentagon Contract

Herman Construction Group Inc., a small business based in Escondido, recently received a $9.4 million contract modification to design and build a structure at Vandenberg Air Force Base in Santa Barbara County.

By Brad Graves August 15, 2017 3:08 p.m. share »
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Businessmen Say 200-Plus Support Temporary Housing Plan for Homeless

Two San Diego businessmen who advocate a plan to build temporary housing for San Diego’s homeless population released a list of more than 200 supporters on Aug. 14.

By Brad Graves August 14, 2017 5:10 p.m. share »

Cheap Backwoods Assay Would Pinpoint Insidious Disease

Encounters with ticks are a bad byproduct of a pleasant walk in the woods. A San Diego company is harnessing technology found in home pregnancy tests to help hikers and outdoor enthusiasts determine if a tick bite presents a risk for Lyme disease.

By Brad Graves August 14, 2017 4:40 p.m. share »

Navy Awards Two Contracts

The U.S. Navy awarded Soltek Pacific Construction Co. a task order to design and build the Special Operations Forces Human Performance Training Center at Naval Base Coronado — part of the 10-year plan to build an $800 million campus for the Navy SEALs.

By Brad Graves August 14, 2017 11:39 a.m. share »

Navy Adds Possible $123 Million to ViaSat's Radio Systems Contract

he U.S. Navy cleared the way for ViaSat Inc. to produce more software-defined radios called MIDS JTRS, and sustain those electronics. The development could be worth more than $100 million to ViaSat (Nasdaq: VSAT).

By Brad Graves August 13, 2017 1:05 p.m. share »

Turtle Beach Reports Net Revenue of $19.2M in Q2

San Diego-based Turtle Beach Corp., which makes gaming headsets and accessories, reported a net loss of $7.1 million on net revenue of $19.2 million in its second quarter, which ended June 30.

By Brad Graves August 13, 2017 12:58 p.m. share »

Navy Adds $123M to ViaSat's Radio Contract

The U.S. Navy cleared the way for ViaSat Inc. to produce more software-defined radios called MIDS JTRS, and sustain those electronics. The development could be worth more than $100 million to ViaSat (Nasdaq: VSAT).

By Brad Graves August 11, 2017 1:05 p.m. share »

Turtle Beach Corp. Reports Net Revenue of $19.2M in Q2

San Diego-based Turtle Beach Corp., which makes gaming headsets and accessories, reported a net loss of $7.1 million on net revenue of $19.2 million in its second quarter, which ended June 30. The business reported its financial results on Aug. 10.

By Brad Graves August 11, 2017 11:49 a.m. share »
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Those Software-Engineer Dollars Do Well in S.D. Comparatively

San Diego doesn’t have the most software engineering job openings in the nation. The ones it has, however, are definitely worth grabbing.

By Brad Graves August 10, 2017 1:20 p.m. share »

LRAD Reports Q3 Revenue of $4.1 Million

LRAD Corp., the Rancho Bernardo business that makes specialized acoustic products for the military, governments and industry, reported a net loss of $528,000 on revenue of $4.1 million in its third quarter, which ended June 30.

By Brad Graves August 10, 2017 1:18 p.m. share »
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The Myths of Cloud Computing

Cloud computing is awash in myths and assumptions. The technology — which goes by the name “Software as a Service” or other names — is still poorly understood in many quarters.

By Brad Graves August 10, 2017 1:09 p.m. share »

S.D. Defense Contractor Says It Could 'Protect and Defend' U.S., Japan and South Korea

Amid escalating tensions between the U.S. and North Korea, a San Diego defense contractor is asserting that remotely piloted aircraft such as the ones it manufactures might have a role to play in missile defense.

By Brad Graves August 9, 2017 3:20 p.m. share »

Saudi Arabia Awards 4-Year Contract to Kratos

The government of Saudi Arabia awarded San Diego-based Kratos Defense & Security Solutions Inc. up to $46.2 million worth of business over the next four years.

By Brad Graves August 9, 2017 2:39 p.m. share »

U.S. to Review Qualcomm's Complaint About Apple

The U.S. International Trade Commission said on Aug. 8 that it will follow up on a complaint filed by Qualcomm Inc. and will launch an investigation into Apple Inc.

By Brad Graves August 8, 2017 1:38 p.m. share »

Amid Restructuring, Inseego Corp. Reports Q2 Net Loss of $12M

Inseego Corp., the San Diego business formerly known as Novatel Wireless, reported a second quarter net loss of $12.0 million, or 21 cents per share, on net revenues of $59.9 million. The business made its quarterly results public on Aug. 7; the quarter ended June 30.

By Brad Graves August 8, 2017 11:34 a.m. share »

Padres Marketing Exec: 'Control the Controllables'

Wayne Partello realizes he has no control over the baseball games at Petco Park — at least what happens on the field. But the executive sweats the details about the rest of the ballpark experience.

By Brad Graves August 7, 2017 2:33 p.m. share »

Judge Approves Settlement Reached in Qualcomm Gender Discrimination Lawsuit

A federal judge has approved settlement of a class-action gender discrimination lawsuit filed in July 2016 by seven women against Qualcomm Inc.

By Brad Graves August 6, 2017 1:07 p.m. share »

Sempra Reports Revenue of $2.53 Billion for Q2

Sempra Energy reported earnings of $259 million, or $1.03 per share, on revenue of $2.53 billion in the quarter ending June 30.

By Brad Graves August 6, 2017 1:04 p.m. share »

Settlement Reached in Qualcomm Gender Discrimination Lawsuit

A federal judge has approved settlement of a class-action gender discrimination lawsuit filed in July 2016 by seven women against Qualcomm Inc.

By Brad Graves August 4, 2017 3:30 p.m. share »

Callaway Golf to Acquire TravisMathew for $125.5 Million

Continuing to plant its flag in markets adjacent to its core business, Callaway Golf Co. said Aug. 3 that it agreed to buy clothing retailer TravisMathew LLC for $125.5 million in cash.

By Brad Graves August 3, 2017 3:40 p.m. share »

Cubic Reports Q3 Net Loss of $22 Million

Cubic Corp. reported a net loss of $22.0 million on sales of $361.9 million for its third quarter, which ended June 30.

By Brad Graves August 3, 2017 3:37 p.m. share »

Navy Issues Draft RFP for Carrier-Based Drone

The U.S. Navy has taken another small step toward building its first production aircraft that will launch from an aircraft carrier deck.

By Brad Graves August 3, 2017 3:16 p.m. share »
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Company Looks to Meet the Threat of Militarized Drones

It’s now common to hear about small quadcopters nearly colliding with commercial airliners. On a more ominous note, militants in the Middle East have reportedly equipped mass-produced quadcopters to drop grenades on their enemies.

By Brad Graves August 3, 2017 2 p.m. share »

Mitek Systems Posts Q3 Revenue of $11.8 Milion

Mitek Systems Inc. reported net income of $616,000 on revenue of $11.8 million in its third quarter, which ended June 30.

By Brad Graves August 2, 2017 3:47 p.m. share »
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Peregrine Semiconductor Appoints Two Vice Presidents

Peregrine Semiconductor Corp. has named two vice presidents.

By Brad Graves August 2, 2017 3:42 p.m. share »
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Callaway General Counsel Brian Lynch Also Named CFO

Callaway Golf Co. said on July 31 that its general counsel, Brian Lynch, will take on the additional role of chief financial officer.

By Brad Graves August 1, 2017 1:47 p.m. share »

Kratos Reports 10.4% Increase in Q2 Revenue

Kratos Defense & Security Solutions Inc. reported a net loss of $6.2 million but strong revenue growth in its second quarter of 2017.

By Brad Graves July 30, 2017 1:03 p.m. share »

Kratos Reports Revenue Increase of 10.4% for Q2

Kratos Defense & Security Solutions Inc. reported a net loss of $6.2 million but strong revenue growth in its second quarter of 2017.

By Brad Graves July 28, 2017 9:44 a.m. share »

Pala Casino Plans $170 Million Expansion

Pala Casino Spa & Resort unveiled plans for a $170 million expansion and renovation of its property.

By Brad Graves July 27, 2017 4:25 p.m. share »
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Darin Andersen Named CEO at NXT Robotics

San Diego-based NXT Robotics Corp., a business working to commercialize robots for security, announced on July 27 that it named Darin Andersen as its CEO.

By Brad Graves July 27, 2017 4:01 p.m. share »

Qualcomm Licenses Vehicle Charging Tech

Qualcomm Inc. said July 25 that it signed an agreement licensing its wireless electric vehicle charging technology to Japan-based Nichicon Corp. Financial terms of the deal were not disclosed.

By Brad Graves July 27, 2017 2:28 p.m. share »

Chinese Drones Are on The Shelf And In the Air

Drones Made Easy in the Morena district of San Diego is now an authorized retailer for Chinese drone maker DJI.

By Brad Graves July 27, 2017 2:27 p.m. share »

EvoNexus Welcomes a Dozen Startups

EvoNexus just announced the names of a dozen startups that will enter its business incubators in downtown San Diego and University City.

By Brad Graves July 27, 2017 2:26 p.m. share »
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Robot Interrogator Could Change the Face of Security

A business school professor at San Diego State University is working on a big change in how we’ll cross borders in the future. How big? So big, it might make the upcoming, 57-hour closure of the San Ysidro point of entry look puny in comparison.

By Brad Graves July 27, 2017 2:10 p.m. share »
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Shoe Co.’s New Line Takes Untraditional Path

Kevin Gordon brings a fascination for history to work with him.

By Brad Graves July 27, 2017 2:06 p.m. share »

InfoSonics Corp. to Acquire Cooltech Holding

San Diego-based InfoSonics Corp., which manufactures wireless handsets and tablets, said on July 26 that it plans to acquire Cooltech Holding Corp., an Apple reseller in Latin America. InfoSonics (Nasdaq: IFON) said Cooltech will become a wholly owned subsidiary of InfoSonics in exchange for 62.5 million shares of InfoSonics common stock.

By Brad Graves July 26, 2017 4:01 p.m. share »
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Andrew Kerzmann Named VP of Hotel Operations at Sycuan Casino

Sycuan Casino said July 26 that it hired Andrew Kerzmann as vice president of hotel operations.

By Brad Graves July 26, 2017 3:02 p.m. share »

Startup SkySafe Raises $11.5 Million in Series A Funding

San Diego-based SkySafe, which makes technology to stop drones while in flight, said on July 20 that it received $11.5 million in series A funding, led by Andreessen Horowitz.

By Brad Graves July 25, 2017 3:07 p.m. share »

Navy Awards Contract Worth Nearly $50M to BAE Systems

The U.S. Navy awarded BAE Systems San Diego Ship Repair a contract modification worth almost $50 million, covering maintenance work on the amphibious ship USS Comstock.

By Brad Graves July 25, 2017 1:27 p.m. share »

In Carlsbad, Nordson Finds What It Needs for Manufacturing

Dozens of empty steel cases, coated in white paint, stand chest-high at one end of Nordson Corp.’s big factory on Loker Avenue in Carlsbad. They line up like soldiers in formation.

By Brad Graves July 25, 2017 8:43 a.m. share »

Technology Gives Electric Cars Chance to Deliver Energy to Grid

Nuvve Corp. LLC has flipped the script when it comes to electric vehicles. In a conventional world, the power grid charges electric cars. Nuvve creates technology that lets electric cars supply power to the grid. It’s called “V to G,” or vehicle to grid.

By Brad Graves July 25, 2017 8:30 a.m. share »
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ASML Gives a Green Light to Cymer’s R&D, Expansion

ASML Holding NV is laying out more resources on its San Diego operation, four years after buying Rancho Bernardo-based Cymer Inc. for $3.7 billion.

By Brad Graves July 25, 2017 8:11 a.m. share »

Frank Hettmann Appointed CFO at Neology

Neology has named Frank Hettmann as its chief financial officer, the company announced on July 24. The business, based in Poway, offers electronics for the tolling, electronic vehicle registration and public safety markets.

By Brad Graves July 24, 2017 3:51 p.m. share »

Spending Power and Seagoing Sriracha: A Peek Inside San Diego’s Newest Navy Ship

The USS Gabrielle Giffords, an Independence-class littoral combat ship and one of the newest ships in the U.S. Navy, arrived in San Diego on July 5, giving the region a direct economic benefit of about $30 million per year.

By Brad Graves July 24, 2017 1:19 p.m. share »

Rincon Band Breaks Ground on $20 Million Administrative Building

The Rincon Band of Luiseño Indians said in mid-July that it broke ground on a $20 million, 43,000-square-foot tribal government administration building, which will replace the temporary buildings it has used for the last 17 years.

By Brad Graves July 23, 2017 1:04 p.m. share »

Rebranding Brings Rutledge Claims Management to Life as Licensed Public Adjuster Firm

Rutledge Claims Management Inc. is the new name for the Law Offices of Thomas W. Rutledge, APC.

By Brad Graves July 23, 2017 12:59 p.m. share »

Rincon Band Breaks Ground on $20M Administrative Building

The Rincon Band of Luiseño Indians said in mid-July that it broke ground on a $20 million, 43,000-square-foot tribal government administration building, which will replace the temporary buildings it has used for the last 17 years.

By Brad Graves July 21, 2017 1:10 p.m. share »

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