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AeroVironment, SoftBank In $65M JV To Develop Unmanned Aircraft

socalTECH

Monrovia, California-based AeroVironment said on Wednesday that it is in a joint venture to develop a solar powered, high-altitude, long-endurance unmanned aircraft system, potentially worth up to $65,011,081. The joint venture is with HAPSMobile , which is 95 percent owned by Japanese technology giant SoftBank Corp.

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Xencor Licenses Technology To Australian Firm

socalTECH

Monrovia, California-based biotherapeutics technology developer Xencor said Tuesday that it has licensed its Xtend technology to an Australian firm. Xencor and CSL Limited said they are in a technology license agreement, which will provide CSL access ot its technology, for use with CSL''s monoclonal antibodies.

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Xencor Licenses Technology To Centocor

socalTECH

Monrovia-based Xencor , a developer of biotherapeutics technology to improve antibodies, said this morning that it has licensed its Fc engineering technology to Centocor Research & Development, Inc. The firm said that it has licensed its XmAb and Xtend technology to Centocor, in a multi-year agreement.

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SiLC Technologies Sees $17M

socalTECH

Monrovia, California-based SiLC Technologies, a developer of machine vision tools, says it has raised $17M in a Series A funding round. The company is developing an imaging chip aimed at the machine vision market, used in such areas as mobility, industrial machine vision, robotics, augmented reality, and consumer applications.

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Xencor Licenses Antibody Technology To Vir Biotechnology For COVID-19 Treatment

socalTECH

Monrovia, California-based Xencor , a biopharmaceutical company which develops engineered monoclonal antibodies for the treatment of cancer and autoimmune disease, says it is extending a license for its technology to Vir Biotechnology , in use in developing antibodies to treat COVID-19, the disease cased by the novel coronavirus SARS-CoV-2.

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Parasoft Links With Electric Cloud On Software Testing Support

socalTECH

Monrovia, California-based Parasoft , which develops software testing tools, said today that it has linked with Electric Cloud , a provider of cloud-based software testing services, to integrate their technologies. parasoft electric cloud saas paas testing software development' READ MORE>>.

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AeroVironment Links With Smart Grid Software Developer

socalTECH

Monrovia, California-based AeroVironment , which develops both electric vehicle chargers as well as unmanned aerial vehicles, said on Tuesday that it has linked with smart grid charging technology developer eMotorWerks.