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UCSB named West Coast hub for Photonics Institute

By   /  Monday, July 27th, 2015  /  Latest news, South Coast, Technology, Top Stories  /  Comments Off on UCSB named West Coast hub for Photonics Institute

UC Santa Barbara’s Institute for Energy Efficiency will play a lead role in a $110 million federal program to develop new electronic products using the next generation of chip technology. UCSB will become the west coast hub for the newly formed American Institute for Manufacturing of Photonics (AIM), teaming with lead institution State University of Read More →

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Former Raytheon property in Goleta sells for $2.8M

By   /  Monday, December 15th, 2014  /  Latest news, Real Estate, South Coast, Top Stories  /  Comments Off on Former Raytheon property in Goleta sells for $2.8M

Once home to aerospace and defense firm Raytheon, the industrial building at 5756 Thornwood Drive in Goleta has new owners, and improvements are on the way.

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Schaff buys Goleta offices from Towbes for $26.4M

By   /  Monday, September 22nd, 2014  /  Real Estate, South Coast, Top Stories, Tri-County Economy  /  Comments Off on Schaff buys Goleta offices from Towbes for $26.4M

  South Coast real estate investor Victor Schaff has purchased a 120,000-square-foot-property in Goleta for $26.4 million. The property, which includes two 60,000-square-foot office buildings on a 10-acre parcel at 75 Coromar Drive in the Raytheon Business Park, was sold by Santa Barbara-based Towbes Capital Partners, the private-equity real estate affiliate of The Towbes Group. Read More →

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Infrared firms face off in smartphone market

By   /  Monday, August 18th, 2014  /  South Coast, Technology, Tri-County Economy  /  Comments Off on Infrared firms face off in smartphone market

Affordable thermal imaging is coming to a smartphone near you, with the South Coast emerging as a technology hotspot. Goleta-based Tyrian Systems, the company founded by longtime infrared entrepreneurs Bill Parrish and Tim Fitzgibbons that has raised $28.3 million, is changing its name to Seek Thermal and will offer a camera that plugs into smartphones Read More →

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Raytheon wins $70M radar jammer contract

By   /  Friday, January 3rd, 2014  /  Technology, Top Stories, Tri-County Public Companies  /  Comments Off on Raytheon wins $70M radar jammer contract

Raytheon said Dec. 30 that it won a $70 million contract to produce radar jammers at one of its Goleta facilities to support foreign military sales to Morocco, Egypt and Iraq.

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Cal Poly boots up cybersecurity program

By   /  Friday, November 29th, 2013  /  Central Coast, Technology, Top Stories, Tri-County Economy  /  Comments Off on Cal Poly boots up cybersecurity program

Cal Poly San Luis Obispo is rolling out a new Cybersecurity Center in collaboration with Northup Grumman and Raytheon with an eye toward training security experts for the defense industry and giving all of its engineering students a firmer grasp of how to make their creations secure against hackers.

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Infrared pioneers return with $20M in funding

By   /  Friday, December 21st, 2012  /  Technology, Top Stories  /  Comments Off on Infrared pioneers return with $20M in funding

[Editor’s note, Dec. 24, 2012: The story originally contained multiple inaccuracies about the history of the infrared sensor industry in the Tri-Counties. A corrected version has been posted below.] A pair of entrepreneurs who built up and then sold Goleta-based Indigo Systems to Flir Systems are back in action with $20 million in fresh capital Read More →

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