San Fernando Valley Business Journal


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Tech Incubator Hatches Skateboard Startup

SPORTS: Angel investors preview motion detector from Chatsworth firm.Make in LA, a technology hardware accelerator in Chatsworth, last month held its first demo day, looking to set up its four portfolio startups with investors.

By Mark Madler February 8, 2016 midnight   $$ Share

Real Industry CEO Steps Down, Shares Fall

Craig Bouchard has stepped down as chief executive and chairman of Real Industry Inc., it was announced Monday.

Capstone Renews Russian Distributor Deal

Capstone Turbine Corp. has signed a new three-year agreement with BPC Engineering to distribute its microturbines in Russia and Belarus.

Rocket Engine Fired Up in Milestone Test

Aerojet Rocketdyne on Thursday test-fired its RS-25 rocket engine that will be used on the Space Launch System, the new heavy-lift rocket NASA has under development to power future manned missions to the moon and possibly to Mars.

Biotech Firm to Move Operations to Camarillo

Biotech products manufacturer SaniSure Inc. has signed a lease in a Camarillo industrial building for nearly double the space it has in Oxnard.

Earnings: Qualstar, BNK

Qualstar narrows its losses, while BNK's grows wider on volatile oil prices.

Real Industry Narrows Loss, But Shares Drop 9 Percent

Real Industry Inc. beat Wall Street expectations on earnings for the fiscal second quarter, but the market reacted by sending the share price down nearly 9 percent.

Interlink CEO Rings Nasdaq Bell

Interlink Electronics Inc. Chief Executive Steve Bronson rang the closing bell at the Nasdaq in Times Square on Monday.

Virgin Galactic Closer to Blast Off

Virgin Galactic received an operator license for its SpaceShipTwo space vehicle from the Federal Aviation Administration, the company announced.

Talon Names Chief Strategy Officer

Talon International, Inc. announced the appointment of a new chief strategy officer on Thursday.

Capstone Sells Turbine for Uzbekistan Oil Project

Capstone Turbine Corp. received payment for two of its microturbines to be shipped to a flare gas utilization project in the Republic of Uzbekistan.

Medtronic Glucose Monitor Gets Euro Approval

Medical-device maker Medtronic announced Tuesday that its Guardian Connect mobile glucose monitoring system received European Union approval and is slated for sale in 2017.

Antelope Valley Gold Main Sells Shares

The owner of an Antelope Valley gold mine has agreed to sell $10 million worth of shares in the company to a syndicate of investors led by a Canadian firm.

Capstone’s New Turbine Enters European Market

Capstone Turbine Corp. has shipped its first C1000S microturbine to Europe for use at a manufacturing facility in Slovenia, the company announced Wednesday.

California Resources Rejects Tender Offer

California Resources Corp. recommended Thursday that shareholders reject an unsolicited “mini-tender” offer for shares by a Canadian investment company.

Platinum Equity Sweetens Electro Rent Offer

Platinum Equity increased its offer for acquiring testing and computer equipment supplier Electro Rent Corp. by 18 percent, valuing the deal at about $382 million.