Founder of Simi Valley’s Xavient keeps growing company
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Read More →Osmo wins UCSB New Venture
Osmo, a device that simplifies water sampling and makes it easier for scientists to collect water samples, won the UC Santa Barbara New Venture Competition May 19. By winning the competition the young company won $12,500. UCSB’s Technology Management Program held the competition. About 300 students and 35 teams participated in a program that started Read More →
Read More →Amgen subsidiary discovers rare gene that could reduce heart attack risk
An Amgen subsidiary may have found a rare gene that could drastically reduce the risk of heart attacks in the future. DeCode Genetics, an Iceland-based subsidiary of Thousand Oaks biotech giant Amgen, uncovered a rare and unknown genetic variation in some people that could reduce the risk of heart attacks and lower cholesterol. The variant Read More →
Read More →Qualstar revenues down 23 percent during first quarter
Qualstar revenues sunk during the first quarter, the company reported May 12. Simi Valley-based Qualstar is an electronics manufacturer that specializes in data storage and power supplies for telecom, broadcast and gaming industries, among others. Revenues sank 23 percent during the quarter from $2.8 million in 2015 to $2.1 million in 2016. Net losses decreased Read More →
Read More →Interlink Electronics revenues, profits up
Interlink Electronics reported a sharp increase in revenues and profits for the first quarter on May 16. Westlake Village-based Interlink Electronics focuses on manufacturing sensors that are used in portable electronic devices. The company said revenues increased 24 percent during the quarter to $2.8 million; up from $2.3 million during the first quarter of 2016. Read More →
Read More →Pilot shortage grounding aviation industry
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