Tuesday, August 9, 2016Report: SpaceX's Mars Budget More Than $300MA set of recent reports say that Hawthorne-based SpaceX is planning to spend more than $300M to deliver its Red Dragon spacecraft to Mars. NASA will be contributing another, $32M in staff hours and technical hours to support SpaceX in its efforts, according to those reports. The NASA efforts apparently will tap into the staff at NASA's Jet Propulsion Laboratory in Pasadena, who will apparently assist SpaceX in plotting its trajectory to Mars.
posted on Tuesday, August 9, 2016(Full story)
NextVR Gets $80M In Series BLaguna Beach-based virtual reality technology developer NextVR has raised $80M in a Series B funding round, the company announced this morning. According to NextVR, the funding came from Asian investors
CITIC Guoan Information Industry Co Ltd, NetEase, CMC Holdings, SoftBank Corp., VMS Investment Group, Founder H Fund, China Asset (Holdings) Limited, Spectrum 28, along with Formation Group, Time Warner Investments, Comcast Ventures, Stephen Ross's RSE Ventures, Mandalay Entertainment CEO Peter (More info...)
posted on Tuesday, August 9, 2016 (More)(Full story)
Woven Digital Inks Deal With Coors Light On New SeriesLos Angeles-based digital media company Woven Digital says it has inked a partnership with Coors Light, to launch a new series on its UPROXX site, called "HUMAN LIMITS". Woven Digital said the new series will "exploration of our limitations as human beings and the stories of those individuals who have defied them." Financial details of the partnership were not announced. The company said the new series is aimed at millennials. The new series is a follow up to an earlier series, called HUMAN, whi (More info...)
posted on Tuesday, August 9, 2016(Full story)
myDevices Links With ArduinoLos Angeles-based myDevices, which develops a software platform aimed at developers of connected devices, said it has integrated its software with the popular Arduino open source software and hardware project. According to myDevices, it has connected its Cayenne cloud service to Arduino, letting device builders easy create web dashboards or smartphone apps based on data from Arduino devices. myDevices' platform pulls data from sensors on connected devices into a visual dashboard. The integration (More info...)
posted on Tuesday, August 9, 2016(Full story)
Semtech Sale Of IP To Rambus CompletesCamarillo-based Semtech has completed a deal to sell of a bundle of IP assets to Rambus, in a sale that was worth $32M, Rambus said Monday afternoon. The deal, announced in June, included's Semtech's Snowbush IP business, which primarily included SerDes (serial/deserialization) cores used in ASICs, Systems-on-a-chip (SoC), and other platforms. Rambus said that the assets become part of its Memory and Interfaces Division.
posted on Tuesday, August 9, 2016(Full story)
Tongal Names Strategy HeadSanta Monica-based Tongal, which operates an online, content crowdsourcing site focused on video, has named a Vaughan Emsley as its new Head of Strategy and Client Development. Emsley was most recently at Saatchi & Saatchi, where he was oversaw the ad agency's Procter & Gamble account, and worked on ads for such brands as Tide, Olay, Pampers, Head & Shoulders and Ariel. Tongal helps brands create videos, tapping a network of writers, animators, filmmakers, and others to help create digital mark (More info...)
posted on Tuesday, August 9, 2016(Full story)
EDF Renewable Energy Sends In Big Wind Turbine OrderSan Diego-based EDF Renewable Energy, the big renewable energy developer, says it has placed a big wind turbine order with Vestas, for 160 megawatts of turbines for future wind projects in the United States. Financial details of that order were not announced. EDF Renewable Energy said that since 2013, it has installed more than 2 GW of wind turbines from Vestas throughout the U.S. The company says it now has more than 8 gigawatts of wind, solar, storage, biomass and biogas projects developed thr (More info...)
posted on Tuesday, August 9, 2016(Full story)