Community Bank of Santa Maria reports income decline, asset growth
Community Bancorp of Santa Maria saw its net income decline from the first quarter of 2020 to the first quarter of 2021, even though other financial measures soared year-over-year. The bank’s net income declined 7.2%, going from $609,521 to $565,683 in a year’s time, but during the same time total assets grew almost 37%, the Read More →
PureSpectrum closes $17M funding round
PureSpectrum, an online market research company based in Westlake Village, recently secured $17 million in Series B funding from Arthur Ventures, a Minneapolis-based growth equity firm. The company connects researchers with online survey respondents. It grew out of Hub101, California Lutheran University’s entrepreneurial coworking space, and in the five years since it was created has Read More →
‘A flawless flight’ for AeroVironment’s Mars drone
Ingenuity, a helicopter drone developed by Simi Valley-based AeroVironment, made history early in the morning of April 19, becoming the first man-made aircraft to fly on another planet, according to the National Aeronautics and Space Administration. “Goosebumps,” MiMi Aung, NASA’s project manager for Ingenuity, said during a press conference while looking at a video of Read More →
PCH mudslide area to reopen this week
Caltrans announced that Highway 1 at in Big Sur is reopening April 23 at noon, even sooner than the agency had previously expected. The new opening is a week ahead of what was previously announced, and months ahead of what the agency originally estimated. Pacific Coast Highway has been fully closed near Rat Creek, north Read More →
Dubroff: Southwest’s arrival in Santa Barbara a bright spot after a dark year
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Orcutt wine bar owner faces criminal charges
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AeroVironment’s drone still grounded on Mars
Ingenuity, the helicopter drone developed by Simi Valley-based AeroVironment, has had its first experimental flight on Mars delayed after an error sequence during testing, according to the National Aeronautics and Space Administration. Ingenuity, which landed on Mars on the Perseverance rover in February, was scheduled for its first takeoff on April 11. NASA first rescheduled Read More →
