Friday, March 1, 2013SpaceX Clears Glitches, Heads Towards ISSThings are looking a little less stressful for SpaceX, the commercial rocket and spacecraft developer founded by Elon Musk, after the company cleared up a glitch which had taken three of its thruster pods on its Dragon spacecraft out of service earlier today, after a successful launch from Cape Canaveral. According to a status update from Musk, all of its thruster pods are now operating nominally, with the spacecraft preparing to raise its orbit as it heads towards the ISS. The high altitude dra (More info...)
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Web On The Go Launches No-Contract, Mobile Internet ServiceWeb On The Go, a new, low cost mobile Internet provider backed by Los Angeles-based Telscape Communications, said this week that it has launched its services. The service said it will provide a low cost, mobile Internet service which costs $4.59 a month plus 3.5 cents per megabyte, allowing users to access the Internet via either a USB dongle or a mobile Wi-Fi hotspot. Telscape is a Los Angeles provider of telecom services. Web On The Go was developed along with Sage Telecom, another provider of (More info...)
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Kotura Bolsters BoardMonterey Park-based Kotura, which develops photonics semiconductors, has named a new member to its board of directors. The firm said that Brian Wong, President and CEO of Enervate, a developer of rechargeable energy storage technology, has joined the company's board. Wong also has served at D2Audio, Primarion, and Xerox. Kotura is a developer of silicon semiconductor products, used for high speed optoelectronics.
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SpaceX Runs Into Thruster Glitch On MissionUh oh. All did not go well in the launch this morning by Hawthorne-based SpaceX, in its second official mission to the International Space Station. According to NASA, the SpaceX Dragon achieved orbit, but ran into an issue with a propellant valve, with only one thruster pod running. SpaceX is now apparently briging up the remaining three to get the spacecraft to the International Space Station. NASA said that the Dragon requires at least two pods to begin a series of burns to get to the space st (More info...)
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SpaceX Falcon Lifts Off Successfully In Second Resupply MissionChalk up another successful launch for SpaceX, the commercial rocket firm founded by technology mogul Elon Musk. SpaceX's latest mission--a resupply mission to the International Space Station--took off successfully from Cape Canaveral Friday morning, the second, official resupply mission for the company. The SpaceX CRS-2 mission took off at 10:10AM EST from the Cape Canaveral Air Force Station launch complex, on a mission to deliver 1,200 pounds of supplies to the ISS. The spacecraft's Dragon sp (More info...)
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Teledyne Completes RESON BuyThousand Oaks-based electronics, aerospace, defense, and engineering products firm Teledyne said Friday morning that it has completed its acquisition of Denmark-based Reson A/S. Teledyne had originally announced its acquisition of RESON on January 29th. Financial details of the deal have not been announced. RESON provides high-resolution marine acoustic imaging and measurement products. Teledyne said the acquired company will become Teledyne RESON.
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How FilmBreak Is Bringing Data and Analytics To Hollywood, with Darren Marble
Hollywood's an old industry, used to doing business in traditional ways. However, there's a new generation of technology driven startups who are looking to apply software and technology in a way that will change how movies are made, and marketed. One of those is Hollywood-based FilmBreak (www.filmbreak.com), which is applying the world of social networking, media, and the Internet to help film-makers gain access to the analytics and insights they need to better market their films. We spoke w (More info...)
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Insights: Why You Should Bootstrap Your StartupIt's one of the questions every startup entrepreneur faces: should I start hitting the venture capital circuit for my company, or just bootstrap my company and get on with building my company? For our Insights and Opinions section this morning, David Ehrenberg argues that you should skip venture capital, and go ahead and bootstrap your company.
To self-fund or to raise funds? That’s the big question that many founders ask themselves as they try to get their product and service to market (More info...)
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OneRoof Energy Gets $100M In FundingSan Diego-based OneRoof Energy, which provides financing for solar power projects, said Thursday afternoon that it has raised $100M in new financing for residential solar projects. The funding comes from MS Solar Holdings, which is a subsidiary of Morgan Stanley, along with Main Street Power Company. OneRoof Energy said the deal also includes debt financing from the National Bank of Arizona. The company said it will use the new capital to make solar lease financing available through its MySolar (More info...)
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Kofax Buys Business Intelligence Software Developer AltosoftIrvine-based document capture software firm Kofax announced this morning that it has acquired business intelligence and analytics software developer Altosoft. Kofax said it paid $13.5M in cash for Altosoft, which was headquartered in Media, Pennsylvania. According to Kofax, Altosoft had unaudited, 2012 revenues of $3.4M. Altosoft becomes a wholly owned subsidiary of the company. Altosoft is a developer real time reporting and dash board applications, and had 43 employees and contractors working (More info...)
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SendGrid Rolls Application Load Testing ServiceSendGrid, the developer of email delivery APIs and infrastructure which has major operations in Anaheim, said Thursday that it has launched a new, cloud-based service for load testing their applications and APIs. The firm said its new Loader.io service lets developers stress their web apps and APIs with thousands of concurrent connections, and makes it easy for developers to routinely load test during their daily coding and deployment routines. SendGrid said the new service is free to developers (More info...)
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Kuyam.com Targets Busy Women With Online Appointments ServiceA new, Los Angeles startup, Kuyam.com, launched Thursday, saying it is targeting busy women with a new service to help them find local services in the Los Angeles area, and book appointment times online. The new service said it has created a way for users to find local lifestyle businesses and schedule appointments through an easy-to-use, user friendly calendar. Kyam.com was created by Kuorosh Gohar. The company said it is free to use for users, but charges businesses a small fee for booking ap (More info...)
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