San Diego Business Journal

Co. Provides Crews for Drones Flying Intelligence Missions

General Atomics Aeronautical Systems Inc. is getting a new source of revenue: It plans to provide contract pilots for unmanned U.S. government-owned Predator aircraft.

Local Economic Indicator Ends 13-Month Trend

ECONOMY: Labor Market Key Concern As Index Slips in July

An index measuring the health of the San Diego economy took a downward turn in July, after 13 consecutive months of increases.

Kratos Subsidiary Receives $3.8 Million Raytheon Contract

Kratos Defense & Security Solutions Inc. said on Sept. 2 that its Micro Systems Inc. subsidiary received a three-year, $3.8 million contract award from Raytheon Missile Systems to provide radar tracking transponders for the AMRAAM missile.

Cubic Corp. Updates Contract Status For Defense, Transportation Units

Cubic Corp. reported it received a contract for its transportation unit and made a delivery on a contract for its defense unit.

Kratos Gets Five-Year, $50 Million Contract

Kratos Defense & Security Solutions Inc. said on Sept. 1 that its satellite electronics and cybersecurity business recently received a $50 million, five-year contract from an unnamed international customer.

Lynx Technology Acquires PacketVideo Operations

San Diego-based Lynx Technology acquired the North American and European operations of PacketVideo five months ago for undisclosed terms. A publicist for Lynx said that the deal, which closed March 27, called for delaying an announcement until September.

San Diego Economy Slips Slightly in July, Index Finds

An index measuring the health of the San Diego economy took a downward turn in July, after 13 consecutive months of increases.

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Scott Carter Named CEO at ID Analytics

ID Analytics LLC named Scott Carter as CEO, publicly announcing the move on Aug. 31.

Kratos Receives $6.38 Million Contract

Kratos Defense & Security Solutions Inc. said on Aug. 31 that a subsidiary recently received a $6.38 million task order related to ballistic missile defense and scientific research.

Wrapify Is Audience Favorite at EvoNexus Demo Day

Wrapify, a business that mixes advertising-emblazoned cars, GPS information, crowdsourcing and other computer technology to deliver outdoor advertising, was the audience favorite during the EvoNexus Demo Day on Aug. 27 at the University of California, San Diego.

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Kratos Receives Government Contract Worth More Than $8 Million

Kratos Defense & Security Solutions Inc. said on Aug. 28 that its RT Logic subsidiary received a five-year contract from an unspecified U.S. government agency for satellite electronics, as well as initial delivery orders worth more than $8 million.

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Kratos Defense & Security Solutions Receives Government Contract Worth More Than $8M

Kratos Defense & Security Solutions Inc. said on Aug. 28 that its RT Logic subsidiary received a five-year contract from an unspecified U.S. government agency for satellite electronics, as well as initial delivery orders worth more than $8 million.

Wrapify Is Audience Favorite During EvoNexus Demo Day

Wrapify, a business that mixes advertising-emblazoned cars, GPS information, crowdsourcing and other computer technology to deliver outdoor advertising, was the audience favorite during the EvoNexus Demo Day on Aug. 27 at the University of California San Diego.

GA-ASI Pays Workers $945,000 in Back Wages to Comply With Prevailing Wage Edicts

General Atomics Aeronautical Systems Inc. has paid $945,000 in back wages to 901 of its employees nationwide following a Department of Labor investigation, the federal agency said on Aug. 27.

EveryStory Lets You Share Both the Telling and the Tales Online

Though their technology is driven by logic, Ed Cox and Dave Keene have a sales pitch that is pure emotion.

Inventor’s Device Aims for Better Way to Get Medicine to Lungs

BIOTECH: NIH and Defense Department Interested in Invention

For Donovan B. Yeates, building a better mousetrap means building a better medical device.

Kratos Sells Division For $260M

Kratos Defense & Security Solutions Inc. has completed the sale of one of its businesses and took steps to pay down its debt, the corporation said.

Navy, Sempra Sign Landmark Deal for Solar

UTILITY: Deal Is Largest Made With A Federal Entity

The U.S. Navy said that it has inked a landmark agreement with Sempra U.S. Gas & Power that constitutes the largest purchase of renewable energy ever made by a federal entity.

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Qualcomm to Sell Licenses to Its Wireless Spectrum in the U.K. to 2 Companies

Qualcomm Inc. said Aug. 26 that it has agreed to sell licenses to its wireless spectrum in the United Kingdom to two companies.

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Northrop Drone Being Used to Monitor Tropical Storm Erika

The U.S. government reported Aug. 26 that an unmanned Global Hawk aircraft owned by NASA is making a 24-hour flight over Tropical Storm Erika in the Atlantic Ocean to conduct storm research.

Qualcomm Chips Reportedly to Be in Some Next-Generation Samsung Galaxy Models

Qualcomm Inc. may be regaining a spot in some of Samsung’s next-generation smartphones, according to an Aug. 23 research note from Timothy Arcuri at Cowen & Co.

Joan and Irwin M. Jacobs Receive Carnegie Medal of Philanthropy for 2015

Joan and Irwin M. Jacobs have received the Carnegie Medal of Philanthropy for 2015, the Carnegie Corp. of New York announced Aug. 25.

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Kratos Completes Sale of a Division, Plans to Pay Down Its Debt

Kratos Defense & Security Solutions Inc. has completed the sale of one of its businesses and took steps to pay down its debt, the corporation said on Aug. 24.

The Sum of This Company's Parts Is Impressive

For BuyAutoParts.com, the odometer just rolled past 999,999.

Military Radio Contract Could Be Worth $514.3 Million for ViaSat

ViaSat Inc. received a five-year contract for military radios that could ultimately be worth as much as $514.3 million, the Pentagon announced Aug. 21.

Cubic Receives Contract to Provide Training Electronics for F35 Fighter

Cubic Corp. said on Aug. 19 that it received a series of contracts from Lockheed Martin Corp. (NYSE: LMT) to put Cubic training electronics in the F-35 Joint Strike Fighter aircraft.

Jana Partners Owns More Qualcomm Stock Than Previously Disclosed

Jana Partners, the New York hedge fund whose critique of Qualcomm Inc. apparently influenced several parts of the chipmaker’s restructuring plan, disclosed in an Aug. 14 securities filing that it owned slightly more Qualcomm (Nasdaq: QCOM) stock than it did three months ago.

Top Admiral Says Navy’s UCLASS Drone Decision Still Up in Air

The debate over the role of a future, carrier-launched unmanned aircraft continues at the Pentagon, U.S. Navy Adm. Jonathan Greenert told reporters last week.

Company Takes on Big Job Of Measuring Nanoparticles

TECH: Possible Markets Include Medicine, Oil, And Semiconductors

In a scene from detective fiction, the hero jumps into a taxicab, points a finger toward the windshield, and says three words that we all know are coming: “Follow that car.”

Raytheon to Fund a Local Center of Innovation

GIVING: STEM Initiative Will Establish 6 Facilities to Support Military Families

Raytheon Co. announced plans to fund a “Center of Innovation” at the Boys & Girls Clubs of South County as part of wider effort to support children in military families.

Navy Signs Landmark Agreement With Sempra U.S. Gas & Power

The U.S. Navy said that it has inked a landmark agreement with Sempra U.S. Gas & Power, one that constitutes the largest purchase of renewable energy ever made by a federal entity.

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‘HI!’ TECH

STARTUP: App Helps the Introverted and Others Make Connections at Conferences

Yuanyuan Zhou’s top computer science students not only have to put their minds to work. They need to get out there and shake some hands.

SDG&E Develops Money-Saving Technology for Solar Systems

San Diego Gas & Electric Co. said that it has developed a money-saving alternative for residential customers who want to install solar panels.

Navy Awards Harper Construction $18.1 Million Task Order

The U.S. Navy awarded San Diego-based Harper Construction Co. Inc. an $18.1 million task order for construction at Naval Air Station Fallon in Nevada.

Raytheon Co. to Fund 'Center of Innovation' in Imperial Beach

Raytheon Co. announced plans to fund a “Center of Innovation” at the Boys & Girls Clubs of South County as part of wider effort to support children in military families.

General Dynamics NASSCO Announces Launch

General Dynamics NASSCO will launch its second liquefied natural gas-powered container ship for the TOTE logistics company during an evening ceremony on Aug. 29. The public is welcome to attend.

MadCatz Interactive Reports Net Loss of $3.97 Million in Q1

MadCatz Interactive Inc., the San Diego producer of video game peripherals, reported a net loss of $3.97 million or 5 cents per share on net sales of $12.97 million for its first quarter, which ended June 30.

Spy Inc. Reports Net Loss of $516,000 in Q2

Spy Inc., the Carlsbad-based maker of glasses and goggles which come with an edgy attitude, reported a net loss of $516,000, or 4 cents per share, on net sales of $8.12 million in its second quarter, which ended June 30.

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Growing Peregrine Semiconductor Corp. Adds Third Building

Peregrine Semiconductor Corp. said on Aug. 13 that it added a third building to its two-building complex in San Diego’s Miramar neighborhood.

Qualcomm Finalizes Purchase of British Semiconductor Maker

Qualcomm Inc. said Aug. 13 that it wrapped up its $2.4 billion acquisition of British semiconductor maker CSR PLC.

Goodsnitch Changes Name as Partnership Brings B2B Emphasis

Goodsnitch Inc. has changed its name to HundredX. A new partnership with marketing giant Ogilvy & Maher spurred the name change, company founder Rob Pace said last week.

Ossic Is Attemping to Do Its Part for Virtual Reality: the Ears

STARTUP: Efforts at Audio Being Made to ‘Catch Up’ To Video Performance

Put on a pair of virtual reality goggles and your eyes start playing tricks on you.

Moxie Foundation Gives $5.1M Gift to SDSU

GIVING: It Will Fund Initiatives Promoting Entrepreneurship

San Diego State University received a $5.1 million gift from the Moxie Foundation to endow several entrepreneurial programs, the university announced on Aug. 11.

USD Names New Dean for School of Business

EDUCATION: Jaime Alonso Gómez To Take Helm Aug. 17

The University of San Diego has named Jaime Alonso Gómez as dean of its School of Business Administration, effective Aug. 17.

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On Track For Change

LEADERSHIP: Cubic CEO a Unifying Force at Co. With Diverse Pursuits

While the memory of its founder endures, Cubic Corp. now sits squarely in the post-Walter J. Zable era.

Cubic Awarded 10-Year Contract by Transport for London

Cubic Corp. said on Aug. 12 that it received a 10-year contract to maintain the intelligent transportation systems infrastructure in London. Financial terms of the deal were undisclosed.

Cox Communications Brings Super-Fast Internet Service to 3 Communities

Cox Communications announced on Aug. 12 that it brought 1 gigabit per second Internet speeds to three residential communities in East Village, Escondido and northern San Diego.

ImageWare Systems Records Q2 Net Loss of $2.1 Million

ImageWare Systems Inc. recently reported a second quarter net loss of $2.1 million, or 2 cents per share, on revenue of $1.7 million. Results were similar in the same quarter one year ago, when the business reported a net loss of $2.1 million or 2 cents per share — though revenue was less at $937,000.

SDSU Receives $5.1 Million Gift From Moxie Foundation

San Diego State University received a $5.1 million gift from the Moxie Foundation to endow several entrepreneurial programs, the university announced on Aug. 11.

InfoSonics Reports Q2 Net Loss of $678K on Net Sales of $10.9M

InfoSonics Corp., the San Diego-based maker of wireless phones and tablets, reported a net loss of $678,000 (or 5 cents per share) on net sales of $10.9 million during its second quarter, which ended June 30. One year ago, the business reported net income of $109,000 (or a penny a share) on net sales of $10.4 million.

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