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Intellisense Systems Weather Sensor In Evaluation In Torrance

socalTECH

Torrance-based Intellisense Systems , a startup which is developing portable, 3lb micro-weather sensors to provide real time weather information, says it has signed up the City of Torrance Office of Emergency Services to evaluate its flood detection system and advanced weather sensor products. READ MORE>>.

Torrance 113
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Canoo to Go Public in $600 Million SPAC Deal

L.A. Business Journal

Torrance-based electric vehicle developer Canoo Inc. has announced plans to go public through a reverse merger in a deal designed to provide $600 million in total capital.

Torrance 252
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Fisker Previews First Electric Vehicle

L.A. Business Journal

Torrance-based electric vehicle developer Fisker Inc. will debut its first fully electric sport utility vehicle in January 2020.

Torrance 203
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ISSC Acquired By Microchip Technology

socalTECH

ISSC Technologies Corporation , a Taiwanese Bluetooth technology developer which has operations in Torrance, California, has been acquired by semiconductor and microcontroller company Microchip Technology , the two announced today. Microchip said it would pay approximately $328.5M

Torrance 138
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Pelican Products Buys Minnesota Thermal Science

socalTECH

Torrance-based Pelican Products , the manufacturer of protective cases, flashlights and portable lighting systems, and other products, has acquired Minnesota Thermal Science (MTS) , a developer of temperature controlled packaging solutions. Financial terms of the buy were not disclosed.

Product 147
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Intelligent Optical Systems Gets SBIR Grant

socalTECH

Torrance-based Intelligent Optical Systems , a developer of optical fiber sensors, has scored a Small Business Innovation Research (SBIR) grant from the U.S. Environmental Protection Agency, the EPA said this week, to help support the firm's research to help protect groundwater resources. READ MORE>>.

Torrance 154
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Active Storage Names New CEO

socalTECH

Torrance-based Active Storage , which develops storage devices aimed at the Mac and broadcast media market, said today that it has named Steve Rizzone as its Chief Executive Officer. The firm said that Rizzone succeeds Alex Grossman, who will be focusing on product aspects of the firm.

Activity 145