HTSI aims to bring robust superconductor industry to Santa Barbara
Ray Karam is no stranger to the startup world, but his latest company — High Temperature Superconductors — is more than a startup, it is a true passion project that is beginning to make a big impact from its Santa Barbara headquarters. “It’s not as though I had to start another company. Financially, I could have retired,” Read More →
Precision Construction Services earns prestigious Prime Contractor of the Year from SBA
San Luis Obispo-based Precision Construction Services was highlighted for yet another award on May 6, with the Small Business Administration honoring the company with the 2024 Small Business Prime Contractor of the Year for the Pacific Region of the United States. Prime Contractor of the Year is the SBA’s highest award for Federal procurement. According Read More →
Amgen shares pop 12% after excitement from obesity drug candidate
Shares of Thousand Oaks-based Amgen gained 12% on May 3, one day after the company disclosed its earnings for the first quarter of 2024 and highlighted the excitement around its weight-loss drug. During the company’s earnings call, Amgen CEO Bob Bradway commented on their obesity drug candidate, MariTide. He noted that while the company does Read More →
Nexstera Tech, Mense win big at AngelCon 2024
Female founders stood proudly in the spotlight on May 2 as two women-founded companies took first and second place at the seventh annual AngelCon Pitch Competition. Hosted by the Cal Poly Center for Innovation and Entrepreneurship Small Business Development Center, six teams competed at AngelCon, which raised a total of $215,000 from 21 investors. Nexstera Tech, a Read More →
Conception captain sentenced to 4 years
The captain of a dive boat that caught fire in the Santa Barbara Channel in 2019, resulting in the deaths of 34 people, was sentenced to four years in federal prison on May 2. Jerry Boylan of Santa Barbara was convicted in a federal jury trial in November of one count of misconduct or neglect Read More →
Conejo Valley biotech leaders discuss keys to sustaining success
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Yardi to become WeWork’s majority owner if $450M plan is approved
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