City of Lomita

Verndari, Inc. | August 27, 2020

Verndari, Inc., a biopharmaceutical company transforming vaccines with next generation science and delivery technology, announced today a federal government award to support development of Verndari’s VaxiPatch™ alternative vaccine technology. The award is funded through DRIVe the (Division of Research, Innovation, and Ventures) established by the Biomedical Advanced Research and Development Authority (BARDA), under the Office of the Assistant Secretary for Preparedness and Response (...

GOVERNMENT BUSINESS

Hughes Network Systems | February 28, 2022

Hughes Network Systems, LLC (HUGHES), an innovator in satellite and multi-transport technologies and networks for 50 years, has been awarded a contract by the Texas Department of Information Resources (DIR) to offer managed telecommunications services in the State of Texas. The contract, with a four-year initial term, brings a full range of satellite, cable, fiber and wireless technologies to connect Texas government offices and schools with high performing, enterprise-grade broadband and Softwa...

CNBC | April 24, 2020

Investment in the fast-growing space industry was booming well into the first quarter of 2020 but private capital has largely frozen as the coronavirus pandemic strikes the U.S., leading both civil and military agencies to step up funding for corporate partners. “We kicked into high gear as soon as it was apparent a lot of companies were not going to be able to conduct business as usual due to distancing requirements,” Mike Read, International Space Station business and economic deve...

CFIUS | January 13, 2020

New regulations for how the federal government reviews foreign investment in the U.S., including private equity and real estate transactions, were finalized Monday by the Treasury Department. The rules, which become effective Feb. 13, were mandated by the bipartisan Foreign Investment Risk Review Modernization Act of 2018 that expanded the ability of the federal government's interagency Committee on Foreign Investment in the United States, or CFIUS, to review transactions based on the degree...