Brad Graves

San Diego

Reporter and Special Sections Editor at San Diego Business Journal

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Articles

BUILDING A LUNAR ECONOMY

5 days ago | sdbj.com | Brad Graves

SAN DIEGO COUNTY – Two North County companies are working to set up a communications infrastructure for the moon, a move that is one small step toward the creation of a lunar economy. Carlsbad-based Viasat Inc. (Nasdaq: VSAT) is part of a team developing a lunar orbiting satellite system for the European Space Agency (ESA) called Moonlight.
Sailors, Marines Benefit From Bar Association Program

1 week ago | sdbj.com | Brad Graves

SAN DIEGO COUNTY – The San Diego County Bar Association has a unique way of supporting the troops. The region is home to more than 100,000 active-duty military, so it is common for a San Diego court to call a service member before a judge. It is also common for that service member to be far from home at that time. Under the bar association’s Servicemembers Civil Relief Act (SCRA) program, the association assigns a volunteer lawyer to act on behalf of the sailor or Marine.
Cybereason Names Narula as New CEO

1 week ago | sdbj.com | Brad Graves

LA JOLLA – Cybereason named a new CEO, changed course on a merger plan and drew on new funding to continue bringing its cybersecurity technology to market. The privately held business announced those three developments from an eventful quarter in a March press release. Manish Narula, the company’s former CFO, is now chief executive of the company, which specializes in endpoint detection and response (EDR) solutions.
401 B St. Sold - San Diego Business Journal

2 weeks ago | sdbj.com | Brad Graves

The Prebys Foundation announced on April 11 that it bought the high-rise at 401 B Street in downtown San Diego. The building, which is also known by the name Wells Fargo Plaza, sold for $40 million, or $80 per square foot. The seller was The Irvine Company. “Following a competitive process that involved many potential buyers, we are pleased that the Prebys Foundation has purchased Wells Fargo Plaza,” said Adam Edwards, Managing Director of Eastdil Secured.
F-35 Contract Modifications Spur Area Businesses

2 weeks ago | sdbj.com | Brad Graves

SAN DIEGO – The U.S. Navy awarded two contracts related to the F-35 Lightning II aircraft in March, sending additional work to San Diego businesses supporting the F-35. Lockheed Martin Corp. (NYSE: LMT), is the prime contractor on the aircraft. Northrop Grumman (NYSE: NOC) is one of the local contractors. The business produces the F-35’s communication, navigation and identification (CNI) avionics suite in San Diego’s North County. In all, the CNI system has 27 capabilities. Cubic Corp.
Nuvision Credit Union Marks Grand Opening in National City

2 weeks ago | sdbj.com | Brad Graves

NATIONAL CITY – Officials with Nuvision Credit Union celebrated the grand opening of their South Bay office on Tuesday (April 1), marking the completion of a year-long transition from Paradise Valley Federal Credit Union. Nuvision wants to “respect, honor and continue the legacy” of its 65-year-old predecessor, said Roger Ballard, CEO of Nuvision. Members of Paradise Valley Federal Credit Union approved the merger with Nuvision last spring.
Software Co. Finds NorCal Match

2 weeks ago | sdbj.com | Brad Graves

POWAY – EpiSci, a North County business that makes software for autonomous military aircraft and networked communications, has been acquired by Applied Intuition of Silicon Valley. Financial terms of the deal were not disclosed. Applied Intuition, based in Mountain View, specializes in software for commercial and military vehicles. The move is a departure from the plans EpiSci announced last year. In June, the company said that it would go under the wing of Merlin, a Boston-based company.
GA Acquires New York Firm

2 weeks ago | sdbj.com | Brad Graves

LA JOLLA – General Atomics announced the strategic acquisition of North Point Defense Inc. (NPD) in early March. Financial terms of the deal were not disclosed. North Point provides signals intelligence (SIGINT) exploitation software and sensor integration. The Rome, New York business delivers autonomous signal processing and data dissemination solutions which make use of artificial intelligence and machine learning.
Burnham Center Explores Military’s Regional Impact, Legacy

2 weeks ago | sdbj.com | Brad Graves

SAN DIEGO – San Diego is a military town. Anyone with even a passing acquaintance with the region quickly realizes the role that the active-duty and veteran communities play in civic life. The Burnham Center for Community Advancement held the latest installment of its Burnham Community Dialogue series on Wednesday, March 26 at the Guggenheim Theatre inside the UC San Diego Park & Market space downtown. The theme was The Military’s Impact & Legacy on the San Diego Region.
Shield AI Has $5.3B Valuation, New CEO Named

3 weeks ago | sdbj.com | Brad Graves

SAN DIEGO – From Kiev to Silicon Valley, from the middle of the Pacific to San Diego, Shield AI is going places. This month investors committed another $240 million in venture capital to the aerospace and defense contracting company, bringing its valuation to $5.3 billion. The Shield AI board and its founders also elected to take a further step to expansion. They hired a seasoned executive from outside the firm to be CEO.