Interlink shares drop after report of first-quarter losses
Interlink Electronics, an Irvine-based sensor manufacturer with its primary research and development facility in Camarillo, saw its revenue dip and its net loss increase when it released its earnings for the first quarter of 2021. According to the company’s May 6 earnings release, Interlink generated revenue of $1.56 million in the first quarter of 2021, Read More →
Read More →MIT to drop affiliation with Central Coast Enterprise Forum
The Massachusetts Institute of Technology Enterprise Forum Global will be closing its program effective June 30 and is asking all of its affiliated chapters, including the Central Coast chapter, to discontinue all association with the brand. The news came in an April 30 email to Enterprise Forum chapters from the CEO of MIT Technology Review, Read More →
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H-1B freeze lifted, but most foreign workers still locked out
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Read More →With dozens of hires per week, Meissner Filtration is booming
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Read More →Thousand Oaks biotech firm closes $140M funding round
Capsida Biotherapeutics, a biotechnology startup based in Thousand Oaks, announced April 29 that it is emerging from “stealth mode” with a $140 million funding round led by Westlake Village BioPartners and Versant Ventures. The Series A round includes $50 million from Westlake Village BioPartners, a venture capital firm in Thousand Oaks focused on biotech startups Read More →
Read More →Cal Poly to get $5M in federal funds for drone project
Cal Poly San Luis Obispo will get $5 million in federal funds to form a partnership with the Air Force Research Laboratory to study drone technology. U.S. Rep. Salud Carbajal, D-Santa Barbara, was one of three reps who helped direct $10 million to Cal Poly SLO and Cal Poly Pomona in the Consolidated Appropriations Act Read More →
Read More →Teledyne shares up on earnings news as Flir acquisition draws nearer
Teledyne Technologies saw growth in nearly all markets during the first quarter of 2021, helping the company beat expectations and deliver positive results on its first earnings report of the year. Teledyne, a Thousand Oaks-based industrial and scientific conglomerate, reported an adjusted earnings per share of $3.02 for the first quarter of 2021, beating Zacks’ Read More →
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