Goleta 5G filter company Resonant sold to Japanese firm at big premium
By Jorge Mercado / Tuesday, February 15th, 2022 / Banking & Finance, Latest news, right, South Coast, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies / Comments Off on Goleta 5G filter company Resonant sold to Japanese firm at big premium
Resonant, a developer of radio frequency filters with a focus on 5G cellular devices, is being acquired by Murata Electronics North America, a subsidiary of the Japanese company Murata Manufacturing, for $295 million in cash. Resonant moved its headquarters from Goleta to Austin, Texas, a little over a year ago, but still has its main Read More →
Energy Vault shares drop 19% in first day on NYSE
By Jorge Mercado / Monday, February 14th, 2022 / Banking & Finance, East Ventura County, Energy, Green Coast, Latest news, middle, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies / Comments Off on Energy Vault shares drop 19% in first day on NYSE
Westlake-Village based Energy Vault began trading on the New York Stock Exchange at the opening bell on Feb. 14, but its shares struggled, dropping 18.7% on the first day as the market as a whole was down slightly. Energy Vault, which uses a gravity-based system to store and release energy generated by renewable sources, began Read More →
Transphorm reports higher revenue, smaller losses as it pursues Nasdaq listing
By Jorge Mercado / Monday, February 14th, 2022 / Banking & Finance, Earnings, Latest news, South Coast, Subscriber content, Technology, Tri-County Economy, Tri-County Public Companies / Comments Off on Transphorm reports higher revenue, smaller losses as it pursues Nasdaq listing
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Energy Vault prepares to start trading on NYSE
By Jorge Mercado / Friday, February 11th, 2022 / Banking & Finance, East Ventura County, Energy, Latest news, middle, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies / Comments Off on Energy Vault prepares to start trading on NYSE
Westlake Village-based Energy Vault will begin trading on the New York Stock Exchange the morning of Feb. 14, the company announced Feb. 11. Energy Vault, which uses a gravity-based system to store and release energy generated by renewable sources, announced plans in September to go public through a merger with Novus Capital Corp. II, a Read More →
Real Estate: Lower State Street becoming a billionaire’s row for hotel owners
By pacbiztimes / Friday, February 11th, 2022 / Columns, Latest news, middle, Real Estate, South Coast, Subscriber content, Top Stories, Tourism, Tri-County Economy / Comments Off on Real Estate: Lower State Street becoming a billionaire’s row for hotel owners
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Pressure builds to keep Diablo Canyon nuclear plant open past 2025
By Jorge Mercado / Friday, February 11th, 2022 / Central Coast, Energy, Government, Latest news, left, Subscriber content, Top Stories, Tri-County Economy / Comments Off on Pressure builds to keep Diablo Canyon nuclear plant open past 2025
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Federal, state authorities flag 71 bridges in tri-county region as ‘poor’
By pacbiztimes / Thursday, February 10th, 2022 / Central Coast, East Ventura County, Government, Latest news, South Coast, Top Stories, Top Story, Tri-County Economy, West Ventura County / Comments Off on Federal, state authorities flag 71 bridges in tri-county region as ‘poor’
Each day, an estimated 72,500 vehicles cross a bridge on the southbound lanes of Highway 101 over railroad tracks at the Montalvo Metrolink station in Ventura. In Santa Barbara County, bridges on the northbound and southbound lanes of Highway 101 over San Jose Creek, west of Highway 217 in Goleta, carry about 60,500 vehicles every Read More →