SFV TECHNOLOGY

FAA Clears Airborne Wireless Test Flights

Airborne Wireless Network has received approval from the Federal Aviation Administration to conduct test flights with Cessna 172 aircraft.

Semtech Beats Q1 Expectations

Semtech Corp. beat Wall Street expectation on adjusted earnings and revenue in the fiscal first quarter.

Conejo Valley IT Firm Gains Scale With Acquisition

Technology company ISSquared has acquired Starnet Data Design in a move that allows the Conejo Valley company to expand its product and service offerings.

US Nuclear to Sell Chemical Sniffers

US Nuclear Corp. has signed an agreement with a Newbury Park company to receive the non-exclusive rights to sell its chemical sniffers.

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Comcast, Semtech Partner on Smart City Program

Semtech Corp. has partnered with Comcast Corp.’s Internet of Things network service to co-sponsor a program for city government agencies to develop and deploy smart city products and services.

Earnings: Interlink Electronics, Second Sight

Interlink Electronics Inc. reports lower revenue and earnings, while Second Sight has a widening loss.

FloQast Hires Engineering VP

FloQast Inc. has named Amit Nayar as its new vice president of engineering.

Hiring Plan for Xavient Digital

Xavient Digital plans to hire 250 employees in California and the Northeast U.S., the company announced Monday.

Data Direct Opens Lab in Colorado

Data Direct Networks has opened a new facility in Colorado Springs that expands its lab and testing capabilities.

CRC Buys Remaining Stake in Elk Hills Oil Field

California Resources Corp. has acquired the remaining surface and mineral rights to California’s largest natural gas-producing oil field from Chevron Corp., the company announced Monday.

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AeroVironment Tests Military Maritime Drones

AeroVironment Inc. has conducted a maritime demonstration of the automated sensor-to-shooter function for its Puma and Switchblade drones from a U.S. Navy ship, the company announced Monday.

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Cloud Provider Key Information Systems Acquired

Agoura Hills-based Key Information Systems Inc. has been acquired by a Canadian technology firm, the companies announced.

Glendale Man Sentenced for Illegal Music Sharing Website

A Glendale man who ran the music sharing site Sharebeast.com was sentenced to prison Thursday for criminal copyright infringement, the Justice Department has announced.

ServiceTitan Raises $62 Million in Venture Capital

ServiceTitan, a Glendale-based software app for service professionals, announced $62 million in Series C funding.

Geolinks Acquires SoCal Broadband Provider

Geolinks has acquired fixed wireless broadband provider Vectus Inc., expanding its customer base to more than 3 million people throughout Orange, San Bernadino, Riverside and Los Angeles counties.