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October 3, 2023
The idea of tearing up a dying mall and building a mixed-use project is decades old. But in Santa Barbara, it feels like a breath of innovation has finally arrived in a tradition-bound city. By a vote of seven to one, the City Council has advanced the idea of tearing down the Paseo Nuevo shopping
September 23, 2023
Liftoff of Firefly’s Alpha rocket took place Sept. 14. (courtesy photo) Vandenberg Space Force Base has set a new speed record to launch a satellite into orbit if ever a national security threat demands one. After receipt of orders last week, all final payload operations and launch preparations were completed by Texas-based Firefly Aerospace in
September 23, 2023
Quantum Systems’ newest facility located at 5160 Gabbert Rd. in Moorpark. (courtesy photo) Defense drone manufacturer Quantum Systems has seen a lot of success since starting its North American operations just one year ago, but perhaps the biggest sign of that is the opening of its second manufacturing facility in Ventura County. Located at 5160
September 23, 2023
California was awarded over $102 million in grants from the U.S. Department of Agriculture’s (USDA) Forest Service to combat extreme heat and climate change, plant and maintain trees, and create urban green spaces. The funding comes from the landmark Inflation Reduction Act (IRA) and is part of the largest USDA IRA investment to date in urban and community
September 23, 2023
Semtech It has been a rough couple of years for shareholders of Camarillo-based Semtech, but this past week, the stock shot up more than 10% after the company announced its financial earnings for the latest quarter. Semtech, which specializes in the Internet of Things applications, announced its second-quarter earnings after the markets closed on Sept.
September 23, 2023
The first two decades of the 21st Century were not particularly kind to Ventura County manufacturing — or manufacturing anywhere on the Central Coast. The county lost thousands of jobs at small and medium-sized manufacturers to China and other overseas locations. Amgen, the star of the 1990s because of its spectacular growth in biologics production
September 23, 2023
The SixPoint Materials team with Tadao Hashimoto, CEO and CTO of the company, standing second from the right. (courtesy photo) The Department of Energy is leaning hard into developing technologies that will increase the performance and resilience of the U.S. electrical grid. Buellton-based SixPoint Materials is one of several players helping do this, and it
September 23, 2023
A recent study done by the California Center for Jobs and the Economy found that the state’s recent unemployment numbers, as well as other key statistics, show substantial weakening. In its annual analysis of incomes and poverty, the US Census Bureau again reported that California had the highest supplemental poverty rate among the states. California’s
September 23, 2023
The near 24,000-square-foot retail center in Thousand Oaks sold for $8 million. (courtesy photo) By Staff Report JLL Capital Markets, based in Irvine, announced that it closed the $8 million sale of a 23,598-square-foot retail center located in Thousand Oaks adjacent to a well-performing Whole Foods, the company said in a Sept. 13 press release.
September 23, 2023
The U.S. Securities and Exchange Commission has won its lawsuit against Simi Valley-based Airborne Wireless and the associated parties believed to be behind the $45 million pump-and-dump scam. U.S. District Judge Colleen McMahon issued her judgment, without having held a trial, in favor of the SEC on Sept. 12, while also rejecting a request from