MANUFACTURING: Co. Projected to Reach $20M in 2021
Cymbiotika LLC, the innovative wellness brand that relocated from Atlanta, Georgia, to Sorrento Valley last year, has launched its own brand of CBD wellness products.
Year-Over-Year Sales Increase Over 11 Consecutive Quarters
Flux Power (Nasdaq: FLUX), a producer of lithium-ion batteries for electrically powered forklifts and other small industrial vehicles, reported record quarterly revenue that was just shy of $7 million.
MANUFACTURING: Apparel Maker Finds Himself in a Position to Help
For Tony Olaes, reconnecting with his family’s home country was a pivotal and life-changing experience.
Co. Donates to Feeding San Diego, Two Other Organizations
Chuao Chocolatier, founded in 2002, aims to spread joy one cacao nib at a time. Its tagline is “to share joy with the world through delicious, engaging chocolate experiences”.
Contractor Will Supply Components for Advanced Arresting Gear
The U.S. Navy awarded General Atomics a $36.4 million contract that includes specialized components for an aircraft recovery system on the new, Gerald R. Ford-class aircraft carriers.
MANUFACTURING: JBK Wellness Labs Formulates Products for Other Brands
JBK Wellness Labs, a formulator and manufacturer of traditional East Asian herbs and medicines, is rooted in family tradition.
Contract Modification Includes One Triton Unmanned Aircraft
The U.S. Navy awarded Northrop Grumman Corp. a $98.9 million modification to a previously awarded contract that will provide for one additional low rate initial production MQ-4C Triton unmanned aircraft system.
50% of Food Grown Goes to San Diego’s Food Insecure
According to data, one in seven San Diegans is food insecure. When Avery Cramer learned of this statistic, he knew he wanted to help address this issue.
Business Will Plan Depot Work for its Advanced Arresting Gear
The U.S. Navy awarded General Atomics an $11.4 million order for support services. Under the deal, GA will move into the second phase of depot planning efforts to support its Advanced Arresting Gear.
AEROSPACE: Co. Takes Firebird on U.S. Tour to Show Off Capabilities
It’s not your typical unmanned aircraft. At 35 feet long with an 80-foot wingspan, the Firebird from Northrop Grumman Corp. can fly two ways — with a pilot onboard or without.
TRADE: ‘Go Global 2025’ Focuses on Increasing Global Trade and Investment
World Trade Center San Diego, the organization dedicated to growing international trade and investment opportunities for San Diego, has released a strategic plan that focuses on global engagement as an engine toward economic recovery and resilience in the region.
BIOTECH: Co. Has 500 Patents, Sells Licenses to Major Manufacturers
San Diego-based Genomatica, an industry-leading biotech firm for the chemical industry, continues to grow its team and product line after 20 years in the business.
BEVERAGES: San Diego’s Athletic, Two Roots and Drink Monday Among Cos. Spearheading Growth
With COVID-19 encouraging healthier habits among Americans, many beverage categories that offer “better options” are experiencing a significant uptick. One such is the non-alcoholic beverage industry.
Satellite Co. to Get Federal Perspective
Viasat Inc. (Nasdaq: VSAT) has named former NASA Administrator Jim Bridenstine to its board of directors.
MANUFACTURING: Increased Computer Use Means Growth for Gunnar Optiks
With the majority of Americans working from home or virtually learning the past year, the blue light glasses category has seen a significant boost as a result.