Mark Madler's profile photo

Mark Madler

Los Angeles

Mark R. Madler is a staff reporter for the San Fernando Valley Business Journal covering the entertainment, aerospace, aviation and manufacturing industries.

Articles

  • 1 week ago | labusinessjournal.com | Mark Madler

    The share price of NeOnc Technologies Holdings Inc. has dropped in the weeks since the company went public last month. The Westlake Village clinical-stage biopharmaceutical company, which focuses on treatments for brain cancer, had its direct listing open at $25 on March 26. That day the stock closed at $12.11 – more than a 50% decrease. It then spiked by more than 36% to close at $16.55 on March 28 and then fell to reach a low closing price of $7 a few days later on April 2.

  • 1 week ago | labusinessjournal.com | Mark Madler

    Kartoon Studios Inc. reported its year end financials late last month. The Beverly Hills children’s content producer and distributor said on March 31 that it had a net loss of $20.7 million last year, compared to a net loss of $77.1 million the previous year. Revenue dropped by 26% from the prior year to $32.6 million.

  • 2 weeks ago | labusinessjournal.com | Mark Madler

    Rocket Lab USA Inc. has been busy this year. In addition to its latest launches, the Long Beach aerospace company has scored contracts with Airbus and potentially with the U.S. Space Force. It also acquired Mynaric AG, a. Munich-based provider of laser optical communications terminals for air, space and mobile applications. Rocket Lab founder and Chief Executive Peter Beck said the company is pursuing every part of the space value chain.

  • 2 weeks ago | labusinessjournal.com | Mark Madler

    Relativity Space has a new chief executive – and he doesn’t come from an aerospace background. But, Eric Schmidt does come with experience as the former chief executive of Google. And that includes an interest in artificial intelligence which he is expected to applyto Relativity’s manufacturing plant in Long Beach.

  • 2 weeks ago | labusinessjournal.com | Mark Madler

    With the move of its headquarters to Texas, Space Exploration Technologies Corp. leaves a big hole to fill in Hawthorne. According to the website of the company more well known as SpaceX, its headquarters are now at Starbase, Texas near Brownsville, the site of its launch pad for the Starship spacecraft and Super Heavy rocket, the largest ever built.

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M. Madler
M. Madler @MMadler2
10 Feb 22

RT @alisonmartino: It was 58 years ago today https://t.co/WqxzrPp3H5

M. Madler
M. Madler @MMadler2
19 Jan 22

A record fourth quarter in on-location film and television production (but mostly TV)...per @FilmLA https://t.co/H5tNg2netu @FilmLA #Hollywood #filming #Television

M. Madler
M. Madler @MMadler2
19 Jan 22

UltraGlas, the longtime decorative glass manufacturer in the Valley is closing... https://t.co/oQsC7QD1Jf #ultraglas #glass #architecturalglass