Monday, December 21, 2015


SpaceX Successfully Launches Mission, Nails First Stage Landing
In a triumphant return to space for Hawthorne-based SpaceX, the commercial rocket firm successfully launched its first mission to space on Monday evening since a catastrophic failure in June. The rocket, which was launched at 5:29PM PST, successfully delivered 11 satellites to space for ORBCOMM. Even more impressively, the company successfully landed the first stage of its rocket in Florida, the first successful landing for the company of that stage--a key part of reusability efforts by the comp (More info...)
posted on Monday, December 21, 2015(Full story)

Neural Analytics Gets $10M For Concussion Assessment Devices
Los Angeles-based Neural Analytics, which is developing medical devices to help first responders and other medical professionals to diagnose and assess Traumatic Brain Injury (TBI), announced today that it has raised $10M in a Series A funding round. The funding came from JSR Limited and Taiyu Capital. The company said the funding brings its total raised to $13M. The startup, led by Leo Petrossian, says it is developing products to help assess concussions, particularly athletes who play sports w (More info...)
posted on Monday, December 21, 2015 (More)(Full story)

Boingo Boosts Airport Wi-Fi Speeds
Los Angeles-based Wi-Fi network operator Boingo Wireless announced this morning that it has boosted speeds at a number of its U.S. airport locations, providing up to 20Mbps of speed at Baltimore/Washington International Thurgood Marshall Airport (BWI), Boston – Logan International (BOS), Chicago – Midway International (MDW), Chicago – O'Hare International (ORD), New York – John F. Kennedy International (JFK), New York – LaGuardia International (LGA), and Newark Liberty International (E (More info...)
posted on Monday, December 21, 2015(Full story)

SpaceX Aims To Launch Mission Today
Hawthorne-based SpaceX is hoping to launch its first mission since a catastrophic failure in June today from Cape Canaveral, launching 11 satellites into space--and attempting a ground-based landing of its first rocket stage. According to SpaceX, the primary mission of the launch is delivery of a fleet of commercial communications satellites for ORBCOMM. SpaceX had originally been aiming at a launch of the payload on Sunday, but delayed the launch to today. SpaceX said it hopes to land the first (More info...)
posted on Monday, December 21, 2015(Full story)

Axonics Modulation Technologies Raises $38.5M
Irvine-based Axonics Modulation Technologies, which develops medical devices for treating overactive bladder and other issues, has raised $38.5M in a Series B funding. The funding came from Advent Life Sciences, Cormorant Asset Management, as well as Edmond de Rothschild Investment Partners, NeoMed Management, Legend Capital, The Alfred E. Mann Foundation and angels. Axonics said it has now raised a total of $59M. Axonics originally technology was licensed from the Alfred E. Mann Foundation. Axo (More info...)
posted on Monday, December 21, 2015(Full story)

Cubic Agrees To Buy Two Companies
San Diego-based Cubic Corporation announced this morning that it has agreed to acquire TeraLogics, a provider of ll motion video products for the Department of Defense, and GATR Technologies, a manufacturer of satellite communication terminal. Cubic said it will pay $39M, including $9M in contingent consideration for TeraLogics, and will pay $232.5 million, including $7.5 million of contingent consideration for GATR. TeraLogics is based in Ashburn, Virginia, and GATR is based in Huntsville, Alab (More info...)
posted on Monday, December 21, 2015(Full story)

Ignyta CEO Joins UCSD Moores Cancer Center Board
San Diego-based biotechnology developer Ignyta announced this morning that its Chairman and CEO, Jonathan Lim, has joined the board of the Moores Cancer Center at the University of California, San Diego. UC San Diego Moores Cancer Center provides cancer therapy and research.
posted on Monday, December 21, 2015(Full story)