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Hawthorne-based SpaceX , the commercial rocket firm of technology mogul Elon Musk, is reportedly looking to add itself to the list of Southern California technology firms aiming at at IPO. SpaceX recently announced plans to develop the largest rocket since the Saturn V, the Falcon Heavy. READ MORE>>.
SpaceX sent out a link to its music video on Tuesday afternoon, highlighting the launch of its last mission, the first time a privately developed, commercial vehicle docked with the ISS. The startup is headed by tech mogul Elon Musk, known for co-founding PayPal and Tesla Motors. Create a highlights video, set to music -- of course.
After operating in stealth mode for about two years, First Resonance , a company founded by former SpaceX engineers, is finally showing the world their software toolkit designed to let manufacturers make things using the processes employed by their former boss.
Hawthorne-based SpaceX , the commercial rocket firm run by Elon Musk, has landed a contract to deliver a payload to the moon. According to a Pittsburgh-based aerospace startup, Astrobotic Technology , it has signed a contract with SpaceX to deliver a robotic payload to the moon on the SpaceX Falcon 9.
The historic mission to the International Space Station by Hawthorne-based SpaceX progressed further Wednesday, after NASA reported that SpaceX successfully completed an approach to the ISS. The SpaceX Dragon passed directly below the ISS, 2.5 READ MORE>>.
During the days when Snapchat’s popularity was booming, investors thought the company would become the anchor for a new Los Angeles technology scene. Instead, several former SpaceX employees have launched a raft of new companies, capturing the imagination and dollars of some of the biggest names in venture capital. ” . .
Can Elon Musk , the technology mogul behind SpaceX , Tesla MOtors , and SolarCity help solve the battery problems dodging Boeing and its troubled 787 Dreamliner? Musk had said earlier this month that Tesla and SpaceX are "happy to help" solve issues with the 787's Lithium ion batteries. READ MORE>>.
It looks like Hawthorne-based SpaceX is confident it will keep its headquarters in Hawthorne for quite a long time--despite setting up a commercial launch facility in Texas this week--based on details on the recent sale of the company''s leased headquarters at 1 Rocket Road in Hawthorne--to a commercial real estate investment trust.
In a resounding success for Southern California spaceflight firm SpaceX , the firm's Dragon capsule successfully docked and was bolted to the International Space Station at 12:02 p.m. SpaceX is now well on its way towards it goal of delivering both cargo and astronauts on a regular basis to space for NASA.
The press around the raise & company was fantastic and the promise of their technology – wireless charging that works as easily as WiFi – would positively affect many of our lives. Even bigger is the desire to stick one’s middle finger up at all of the people who doubted you all along. Now they are partners.
The Los Angeles chapter of the Founder Insitute , the startup incubation program run locally by Ken Rutkowski, is gearing up for its Spring Semester, saying that it has added a number of new mentors for the semester. Other mentors to the effort include Elon Musk (Tesla/SpaceX), Kelly Perdew (Fastpoint Games), Michael Robertson (MP3.com),
Now it’s picking up some funding along with an endorsement Europe to further its growth. The startup has received €50 million (just under $57 million at today’s rates) from the European Investment Bank, the funding arm of the European Union. People order Starship deliveries via the startup’s iOS and Android apps.
2023 hasn't been an easy year to be a startup. In fact, according to Crunchbase more than 212 startups closed their shutters in the third fiscal quarter alone – the highest number recorded in the firm's history. Yet, while many early-stage startups crumbled under the pressure, diamonds also emerged.
Hawthorne-based Space Exploration Technologies (SpaceX), the commercial spaceflight startup headed by ex-PayPal founder Elon Musk, has named a new president the firm said this week. SpaceX said that Gwynne Shotwell has been named as President, reporting to Musk.
At the time they were working from a WeWork in Seattle, during the darkest winter in Seattle history, where Ellis was wrapping up a stint at Blue Origin. “Rockets are the business model now,” Ellis told me last year at the company’s offices at the time, a few hundred feet from SpaceX. Not only can we make rockets.
Air Force, Lockheed Martin, Maxar Technologies, SAIC and the Israel Aerospace Industries company, Techstars and Starburst Aerospace are launching an accelerator focused on the space industry in Los Angeles. With the help of NASA’s Jet Propulsion Lab, the U.S. billion over the last year.
Hawthorne, California-based SpaceX has completed raising $850M in new funding, boosting the valuation of the company to an astounding $74 billion, according to CNBC. The funding--which has not been announced by SpaceX--apparently valued SpaceX at $419.99
Let me start with the obvious baseline that most people probably know instinctively: Los Angeles is the 3rd largest technologystartup ecosystem in the US. Given how efficient markets are when a large market like LA starts to blossom it attracts capital pretty quickly. LA By The Numbers. But even this is changing.
What was Southern California's technology community most interested in 2012? in the company's efforts to start a commercial space tourism industry. in the company's efforts to start a commercial space tourism industry. generation of startups. As part of our. an article was accessed on our publication. We have no idea.
Elon Musk , the technology mogul behind SpaceX and Tesla Motors , is gearing up to develop a new startup, to launch its own constellation of satellites to deliver Internet access. Photo of an earlier SpaceX satellite launch. elon musk spacex satellite launch communications constellation' READ MORE>>.
Southern California has seen a big increase in interest in space recently--particularly with the success in the last few weeks of one of the area's highest profile, venture backed startups, SpaceX , delivering a spacecraft to the International Space Station.
We asked the same five questions of a variety of top technology entrepreneurs, investors, and others, to hear what they're thinking about, and are sharing it here over the next two weeks. In your opinion, what events, companies, or people made the biggest impact on the technology world in 2010?
The IPO filing by Rubicon Project is not only notable for one of Southern California''s''s fast growing Internet advertising companies: it looks to be the the first IPO filing by a venture-backed, technologystartup since 2012. The question now: which other, big local technologystartups are likely to follow Rubicon Project to market?
Southern California's spaceflight industry has come together to enable a new startup, Stratolaunch , backed by Paul G. According to Stratolaunch today, it is leveraging technology from both Mojave-based Scaled Composites , and Hawthorne-based Space Exploration Technologies to create a new, air-launch system to provide orbital access to space.
A new, Los Angeles startup, Hyperloop Technologies has emerged-- with $8.5M Hyperloop Technologies is led by former SpaceX engineer Brogan BamBrogan. spacex funding capital venture musk elon hyperloop startup' in funding --to bring those dreams to life. READ MORE>>.
Hyperloop Transportation Technologies (HTT) is led by Dirk Ahlborn, and was originally funded by crowdfunding site JumpStarter. HTT said the deal will make it the first company to work on plans for a Hyperloop system in Europe. READ MORE>>.
Some of the highlights from this week from socalTECH's video section , where we're currently featuring community videos from and about local startups: Peter Pham of Science Inc. Peter Pham, of Los Angeles technology studio/incubator Science Inc., apparently likes not just his startups to move fast, but also his cars.
In an attempt to boost diversity and inclusion efforts and civic engagement between the growing technology industry in Los Angeles and the community that surrounds it, over 80 venture capitalists and entrepreneurs joined the city’s mayor, Eric Garcetti, and the non-profit Annenberg Foundation to announce PledgeLA.
Startups across the nation and around the world are looking for ways to relieve shortages of much-needed personal protective equipment and sanitizers used to halt the spread of COVID-19. ” Against this backdrop local startups and maker spaces are stepping up to do what they can to fill the gap.
[link] Playa Vista-based Hyperloop Transportation Technologies (HTT), the startup founded by Dirk Ahlborn and Bibop Gresta which is one of a number in the LA area focused on bringing the Hyperloop technology to market, says it has received funding worth $1.2 READ MORE>>.
We caught up with Tara--who some might know from her efforts on RepresentLA--on what LA Makerspace is all about--and how places like LA Makerspace are key to bringing the technology and technical community together. My husband started Crashspace, the first hackerpsace in LA. What is LA Makerspace?
Every radical turn in technology history has its great entrepreneur, and for space that person is SpaceX founder Elon Musk. In 2018 alone, venture investments in space topped $2 billion for the first time, and 187 investors wrote checks to 90 startups, according to Bryce Space and Technology. Air Force and more. .
The magazine turned its attention this month towards the Los Angeles innovation and technology economy in a section guest edited by StartEngine co-founder Howard Marks , including a reception held Wednesday evening at the Viceroy in Santa Monica.
By most definitions of the term, an entrepreneur is someone who starts a new business, incorporating innovative changes to existing products, services, business models, and creating new markets. Here are some recognizable entrepreneurial examples I like, just from the technology space: Driven by an epic ambition.
Elon Musk , the technology mogul behind SpaceX and Tesla Motors, has posted the first photo of the secret tunnel system he's digging under Los Angeles. Musk posted the photo of the tunnel--under construction by one of his startups, The Boring Company --which currently is being dug underneath SpaceX's headquarters.
My friend Michael Broukhim, founder & co-CEO of FabFitFun and I recently had a catch-up meeting for 3-miles on the Santa Monica “Bird Trail” No company has ever elicited so many questions by friends, colleagues, entrepreneurs, fellow VCs and journalists as has Bird, the company that pioneered the electronic scooter as a service market.
Kozlov, a longtime Techstars network fixture, has previously served as the head of the organization’s healthcare accelerator through a partnership with Cedars-Sinai and as the head of the Techstars Starburst Space Accelerator, which was focused on space and aerospace startups. and Los Angeles angel investor.
Roofstock , a startup which operates an online marketplace that lets investors purchase homes online as investments, has launched in Los Angeles, the company said on Thursday. The Silicon Valley startup, based in Oakland, says it allows investors to purchase single-family, rental homes. The company said Los Angeles is its 14th market.
Los Angeles-based RivetAI hopes it can, saying Thursday that it has launched to apply artificial intelligence technology to help assist storytellers in planning and producing content. The startup's CEO is Debajyoti Ray, former CTO of End Cue and Caltech AI Ph.D.; READ MORE>>.
He was running to be the 42nd mayor of Los Angeles and he outlined his vision to “open up the city government to technology and innovation” if he were elected. He wanted to bring the same level of technology focus and energy that Mayor Bloomberg had brought to New York City. Are you kidding me? And this is true.
In my work with new startups, I often find people who believe that the terms “ entrepreneur ” and “ inventor ” are interchangeable. Yet I find a big difference between “starting a new business” and “creating a new product.” In fact, many customers have an inherent fear of new technology and the complexity it often brings.
Los Angeles-based Relativity , a space launch startup which is developing automation technology designed to automate construction of rockets, said on Thursday that it has signed a deal for a launch site at Cape Canaveral. Relativity is venture backed by Playground Global, Y Combinator, Social Capital, Phillip Spector, and Mark Cuban.
These few seem more adept at executing market and technology turns, not just incremental evolution. Steve Jobs of Apple may have been the most visible example of this ability to “see around the corner,” but others often mentioned include Richard Branson (Virgin Group), and Elon Musk (SpaceX).
The list of technologystartups in Southern California who are "unicorns"--valued at more than $1 billion--surprisingly, might not be who you think, and in the sectors you might expect. and no, there aren't any entertainment-technology companies anywhere in sight). SpaceX (www.spacex.com). Razer (www.razerzone.com).
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