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By Staff Report / Wednesday, April 14th, 2021 / Central Coast Health Watch, East Ventura County, Latest news, Law, Tri-County Economy / Comments Off on Adventist Health pays fine over mishandling of patient records
Adventist Health, a hospital and clinic network in Simi Valley, will pay $40,000 as part of a civil settlement over its failure to protect patient medical files. The hospital reached a settlement with the Ventura County District Attorney’s Office on April 9 that includes that penalty, according to a news release from the DA’s office. Read More →
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By Jorge Mercado / Tuesday, March 9th, 2021 / Earnings, East Ventura County, Latest news, Technology, Tri-County Economy, Tri-County Public Companies / Comments Off on AeroVironment’s revenue, earnings rise in new quarterly report
AeroVironment, a drone company based in Simi Valley, saw a steep rise in revenue and a slight increase in net income when the company released its quarterly results on March 9. AeroVironment generated revenue of $78.8 million in the third quarter of its 2020-21 fiscal year, a 27% increase from the same quarter one year Read More →
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By Staff Report / Wednesday, February 24th, 2021 / Banking & Finance, East Ventura County, Latest news, Technology, Tri-County Economy, Tri-County Public Companies / Comments Off on AeroVironment makes $30M AI acquisition
AeroVironment, a drone company based in Simi Valley, announced Feb. 24 that it has acquired the Intelligent Systems Group from Progeny Systems Corp. for $30 million or more in cash. The Intelligent Systems Group develops intelligence-enabled computer vision, machine learning and perceptive autonomy technologies and provides those services to United States government customers, AeroVironment said. Read More →
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By Jorge Mercado / Friday, January 22nd, 2021 / Banking & Finance, East Ventura County, Latest news, right, Subscriber content, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies / Comments Off on Wall Street loves AeroVironment’s latest acquisition
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By Staff Report / Thursday, January 14th, 2021 / Banking & Finance, East Ventura County, Latest news, right, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies / Comments Off on AeroVironment shares take off after $405M drone deal announced
Shares of Simi Valley-based drone company AeroVironment shot up more than 25% on Jan. 14, the day after the company announced a $405 million acquisition of a privately held military drone provider. AeroVironment is acquiring Arcturus UAV, a major provider of Group 2 and 3 unmanned aircraft systems to the U.S. military, for $405 million. Read More →
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By Jorge Mercado / Friday, December 11th, 2020 / Banking & Finance, Earnings, East Ventura County, Latest news, Subscriber content, Technology, Tri-County Economy, Tri-County Public Companies / Comments Off on AeroVironment expands into ground robotics with German acquisition
AeroVironment, an aerial drone company based in Simi Valley, reached an agreement Dec. 8 to acquire Telerob, a German robotics company, in a deal worth approximately $45.4 million in cash.
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By Jorge Mercado / Tuesday, December 8th, 2020 / Banking & Finance, Earnings, East Ventura County, Latest news, Technology, Tri-County Economy, Tri-County Public Companies / Comments Off on Simi Valley’s AeroVironment buys German robotics firm for $45M
AeroVironment, an aerial drone company based in Simi Valley, reached an agreement Dec. 8 to acquire Telerob, a German robotics company, in a deal worth approximately $45.4 million in cash. AeroVironment also released its second quarter 2021 earnings on Dec. 8, revealing an increase in revenue, but a 71% drop in earnings from the previous Read More →
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