San Diego Business Journal

Winners & Losers

Tech: Qualcomm Continues to Grow Profitably, While Many Cos. In Sector Lag on the Bottom Line

Fiscal 2013 was not a year to expect a profit from one of the region’s publicly traded technology businesses — unless you held shares in Qualcomm Inc.

Region to Get Some Work on the F-35 Aircraft

Lockheed Martin Corp.’s latest contract on the F-35 Lightning II aircraft will bring work to San Diego.

Upcoming Symposium to Discuss Defense Technology

Defense contractors and U.S. Navy leaders will gather April 22-24 at the Hall of Champions in Balboa Park to talk shop, and talk about technology.

Two Local Companies to Compete for Airfield Work for Navy

The U.S. Navy needs a solid place to land its aircraft, and it has chosen two local contractors to make that possible.

San Diego Startup Week Set for June 17-21

StartUp San Diego has set June 17-21 for its second annual San Diego Startup Week.

Three Local Construction Cos. to Compete for Defense Work

Three local companies may have Army construction work in their futures.

Lakeside Construction Co. to Compete for Navy Contracts in Pacific Northwest

Marathon Construction Co., a small business based in Lakeside, took a step toward receiving U.S. Navy construction contracts for work in the Pacific Northwest.

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Harrah’s Project Adds 200 to Staff, Additional 80 Jobs Expected

Harrah’s Resort Southern California said it added 200 jobs with the completion of its ambitious construction project, and is up to 1,600 employees at its hotel and casino.

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Peregrine Semiconductor Targets China Telecom Market With Microchip

San Diego-based Peregrine Semiconductor Inc. announced on April 9 that it plans to introduce its UltraCMOS Global 1 microchip to the Chinese telecom market.

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Moroccan Air Force Training Deal Worth $5 Million for Cubic

Cubic Corp. said on April 11 that it received a contract worth more than $5 million to supply an aircraft training system to the Moroccan air force.

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Cubic Gets $5M Deal to Supply Moroccan Air Force With Training Equipment

Cubic Corp. said on April 11 that it received a contract worth more than $5 million to supply an aircraft training system to the Moroccan air force.

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Peregrine Semiconductor to Introduce Microchip in China Market

San Diego-based Peregrine Semiconductor Inc. announced on April 9 that it plans to introduce its UltraCMOS Global 1 microchip to the Chinese telecom market.

Navy Discovery Could Bring Sea Change to Fueling of Its Fleet

The U.S. Navy claims that it has produced a hydrocarbon fuel made from seawater. Scientists at the U.S. Naval Research Laboratory said they demonstrated the concept in mid-2013, using the fuel to fly a scale model airplane with a stock, two-stroke engine.

Alumnify Creates Collegial Connections for Alumni and Schools

TECH: Business Model Includes Annual Fees From Schools, Donation Feature

College taught A.J. Agrawal a fair amount, but the young tech CEO said he got quite an education after graduation, when he had to cold-call hundreds of colleges.

DivX’s New Owners Seek New Customers

TECH: Co. Targets China, Seeks to Increase Its Patents

Change seems to be a constant at DivX LLC, which got new owners this month.

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Turn of the Screw

Maritime: Marine Group Boat Works Is Thriving, But Uncertainty of Place Looms

Todd Roberts sits in the pilot house of a 114-foot U.S. Navy boat that his workers just built, and mentally charts his course with a mixture of excitement and apprehension.

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General Atomics ASI Gets $141.4M Air Force Deal

General Atomics Aeronautical Systems Inc. of Poway received a four-year, $141.4 million U.S. Air Force delivery order for work on the Block 50 ground control station for unmanned aircraft.

Five San Diego Construction Companies to Compete for Navy Task Orders

Five San Diego County construction companies stand to collectively gain up to $99 million in contracts over five years, following a decision by the U.S. Navy’s facilities command.

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Qualcomm Boosts Dividend 20 Percent

Semiconductor maker Qualcomm Inc. authorized an increased dividend as its stock flourishes.

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Airgain on the Move

Antenna technology firm Airgain Inc. has traded its North County space for a more centrally located headquarters.

Barrio Logan Zoning Issue to Remain on June Ballot After Lawsuit Fails

The legal effort to take a disputed Barrio Logan zoning plan off of the June ballot failed late last week, so voters living in San Diego city limits will still be asked to make a decision about the neighborhood’s future.

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Qualcomm Introduces New Snapdragon Prcoessors

Qualcomm Inc. unveiled new high-end processors for smartphones and tablets on April 7.

West Partners Invests in Carlsbad Tech Company NoteVault

West Partners said it recently closed an investment in NoteVault Inc., a Carlsbad-based technology company. The amount of the investment was not disclosed.

Biotech Startup Scores a Win at UCSD's TriNet Challenge

A startup company at work on a unique medical device — a photosynthetic scaffold technology that helps restore damaged or diseased tissue — won a university business competition and $6,000.

Will Proximity Beacons Breed Contempt From Saturated Users?

Proximity beacon technology, such as that produced by Qualcomm Inc., is ready for prime time.

New World of Mobile Advertising Spurs Business Unit Creation

Marketing: Digitaria Hoping Big on Mars Will Make Big Impact on Clients

Digitaria, a digital marketing and advertising agency based in San Diego’s East Village, is developing a business unit that will specialize in software applications for mobile devices.

Co. Gives Financial Professionals A Clear Picture of Clients’ Needs

SOFTWARE: Marketing Videos and Analytics Used To Determine Best Prospects

Kim Folsom has blended two areas she knows well — video marketing technology and financial education — to create a software platform for helping financial professionals gain small-business clients.

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Prima Ushers In a Home Cinema First

Entertainment: System Securely Delivers Debuting Films

The first company to deliver movies to home theaters in a high-quality format on the same night they premiere in neighborhood multiplexes isn’t in Los Angeles; it’s in Carlsbad.

West Partners Invests in Carlsbad Tech Company

West Partners said it recently closed an investment in NoteVault Inc., a Carlsbad-based technology company. The amount of the investment was not disclosed.

Biotech Startup Gets a Win at UCSD's TriNet Challenge

A startup company at work on a unique medical device — a photosynthetic scaffold technology that helps restore damaged or diseased tissue — won a university business competition and $6,000.

San Diego-based TVC Capital Invests Additional $2.5M in Software Co.

San Diego-based TVC Capital LLC has invested an additional $2.5 million in Denver software maker Levels Beyond, the companies said on April 3.

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Northrop Grumman Gets $43.8M Navy Deal for Unmanned Helicopters

The U.S. Navy said that it awarded a $43.8 million contract to Northrop Grumman Corp. for several unmanned helicopters and one ground control station.

Space Micro Doubling the Size of Its Design, Manufacturing Quarters

Space Micro Inc., which makes a variety of radiation-hardened electronics for satellites, said that it signed a five-year lease to expand its Mira Mesa facility.

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Qualcomm’s Sale of a Joint Venture Stake Reportedly Approved By Regulators in India

Telecommunications regulators in India approved Qualcomm Inc.’s sale of its stake in a wireless joint venture to Bharti Airtel Ltd., the Economic Times of India reported March 29.

Two Companies Agree to Buy San Diego-Based DivX for Up to $75M

Parallax Capital Partners and StepStone Group said on March 31 that they had inked a definitive agreement to buy DivX LLC, the San Diego-based video technology company, from Silicon Valley-based Rovi Corp. for up to $75 million.

CACI One of Three Companies Eligible to Bid on a Possible $71M in Government Contracts

CACI Inc., based in Virginia with offices in San Diego, is one of three companies receiving U.S. Navy electronics contracts that could be worth tens of millions of dollars.

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Cubic Corp. Gets $6.9 Million Air Force Contract

The U.S. Air Force said on March 28 that it awarded Cubic Corp. a one-year contract worth $6.9 million.

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Cubic Gets Air Force Contract Worth $6.9M

The U.S. Air Force said that it awarded Cubic Corp. a one-year contract worth $6.9 million.

Local Sony Online Game Developers Launch ‘Landmark’ With Help

A fantasy world built by San Diego videogame developers — with an unusual amount of help from the public — has graduated to the beta test phase.

Report Sees Growth for Cybersecurity Cluster

TECH: Study Urges Players To Target Private Sector, as Well as Public, for Clients

Armed with a new snapshot of San Diego’s tech cluster, local officials have pledged to make cybersecurity a bigger part of the region’s economy.

Novatel Device Targets Usage-Based Insurance

TECH: Local Co. and Others Envision a Market Going Places

San Diego-based Novatel Wireless Inc. is out to help drivers ease into a new world of automobile insurance.

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Sharing the Ride

TRANSPORT: Taxis Say New Cos. Have Unfair Edge

Christina Murphy recently sat behind the wheel of her 2010 Nissan Altima at the corner of Mission Boulevard and Grand Avenue. With the Pacific Beach AleHouse to the south and beach to the west, the spot is a magnet for revelers — and independent contractors such as herself who offer rides via smartphones.

On-Ramp Wireless Inc. Adds Seidenberg to Its Board

On-Ramp Wireless Inc. has added Ivan Seidenberg, the former chairman and CEO of Verizon Communications Inc., to its board of directors. On-Ramp made the announcement on March 27.

Site Aims to Give Chefs a Valuable Professional Link

A San Diego company has started a website that it is billing as “LinkedIn for chefs.”

La Jolla Band of Luiseño Indians Reportedly Has Plans to Open Casino and Hotel

The La Jolla Band of Luiseño Indians, which previously operated a small casino on its reservation near Palomar Mountain in northern inland San Diego County, has plans to get back into the business — with a casino and a hotel.

E-Commerce Site GovX.com Names McCue Its President

GovX.com has appointed Eric McCue as its president, the business announced March 25.

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Navy Completes Initial Test Flights for Northrop Unmanned Aircraft

The U.S. Navy finished initial flight tests for its Northrop Grumman Corp.-built Triton unmanned aircraft on March 13 in Palmdale.

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Bilbro Construction Nabs $11 Million Construction Contract at Marine Corps Installation

Bilbro Construction Company Inc. was awarded an $11 million contract to build Marine Corps facilities at Twentynine Palms.

Flux Power Holdings Inc. Appoints Collins as Executive Chairman of the Board

Flux Power Holdings Inc. of Vista said that it appointed Timothy Collins as executive chairman of the board.

Flux Power Holdings Appoints Timothy Collins as Executive Chairman of the Board

Flux Power Holdings Inc. of Vista said that it appointed Timothy Collins as executive chairman of the board.

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