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XLA Tech Week: 3 Student Projects Emerge from NASA’s Space Accelerator Program
Andria is the Social and Engagement Editor for dot.LA. She previously covered internet trends and pop culture for BuzzFeed, and has written for Insider, The Washington Post and the Motion Picture Association. She obtained her bachelor's in journalism from Auburn University and an M.S. in digital audience strategy from Arizona State University. In her free time, Andria can be found roaming LA's incredible food scene or lounging at the beach.
Almost every company in existence today has some sort of diversity and inclusion initiative. NASA, however, took theirs one step further — providing $50,000 in funding to three underrepresented groups in academia.
NASA’s Minority Serving Institutions (MSI) partnered with Starburst Aerospace and NASA’s Jet Propulsion Lab (JPL) to work with students as part of their beta space accelerator program. The course was designed to serve as a platform for innovators to build businesses to support technology and economic development.
In the program, students from the University of Massachusetts Boston, California State University and Fayetteville State University, along with faculty mentors, spent 10 weeks developing venture-backable businesses that have applications in multiple markets.
On Wednesday, the projects were presented as business proposals as part of L.A. Tech Week.
“L.A. has long been the aerospace capital of the world, and as we enter a new space economy, it continues to be, and we want to continue to build the industry here,” said Elizabeth Reynolds, managing director at Starburst Aerospace.
The first proposal, Mission Proteus, presented by Nhut Ho, a professor and director of NASA-Sponsored Autonomy Research Center for STEAHM (ARCS) at California State University, was designed to eliminate inefficiencies in existing autonomous software development methodology.

Developers designing for autonomous software face many of the same obstacles as traditional developers, but they also face unique challenges. Proteus wants to provide a platform that unifies development tasks and workflows and allows for rapid testing. Building on NASA’s hard-won knowledge in autonomous development, the goal of Mission Proteus is to enable these systems to grow much more rapidly in other industries. Ho explained that his team wanted to eliminate the “pain” surrounding technical limitations of existing software.
The second proposal, ITX Drones, was presented by Thomas Materdey, senior lecturer of engineering in the College of Science and Mathematics at the University of Massachusetts Boston. The ITX team felt that, while revolutionary, drones today are missing a “real-life component.” The goal of ITX Drones was to create technology that would allow drones to more specifically respond to niche customer needs in ways that existing drones cannot—deliver medicines, provide surveillance or communicate with other drones. “Imagine being able to personally deliver a gift to your sister in Europe without having to wait a week,” Materdey said to the room of onlookers.
To make that a reality, their proposal aims to create drones that are capable of sending and receiving long-range data, have longer battery life and the ability to fly at any time of day. Their design incorporates fixed-wing rotors, precision landing capabilities, and lidar navigation, which would allow the drones to operate with extreme precision in novel environments.
SpireNeural, the final business proposal, would act as a software development company focused on enabling near-real-time data processing for autonomous systems with existing integrated devices. In other words, software that will speed up decision-making for our increasingly connected world.
Grace Vincent, an electrical and computer engineering Ph.D. candidate at North Carolina State University, explained that her team created SpireNueral in response to the California wildfires and the inefficiency of the tech used to detect them.
“How can we reduce overall response time?” she asked the room. “Edge computing.”
Edge computing is computational analyses that are done near the source of the data. SpireNeural was designed as an edge computing software solution that hopes to eliminate issues with wasteful computations, slow response times and power restrictions, instead making informed decisions at the edge.
For example, edge computing software could evaluate and make decisions about how to combat a forest fire at the site of the sensor rather than relaying that information to a central hub, waiting for it to be processed alongside other data and then relaying it to first responders.
The presentations were followed by a brief panel discussion on “Supporting Diversity in industry through investment,” where industry leaders from various venture capitalist firms discussed how the tech industry can work to be more inclusive.
- NASA's JPL to Launch Two More Mars Helicopters - dot.LA ›
- Techstars' 2021 Space Accelerator Class - dot.LA ›
- Billie Jean King, Dodgers Partner on a New Accelerator - dot.LA ›
- An Honest Review of Snap's 523 Accelerator Program - dot.LA ›
Andria is the Social and Engagement Editor for dot.LA. She previously covered internet trends and pop culture for BuzzFeed, and has written for Insider, The Washington Post and the Motion Picture Association. She obtained her bachelor's in journalism from Auburn University and an M.S. in digital audience strategy from Arizona State University. In her free time, Andria can be found roaming LA's incredible food scene or lounging at the beach.
Hello Sunshine Sold for More Than $900M. Now Reese Witherspoon Is Buying It Back.
🔦 Spotlight
Hey there, LA.
In Hollywood, every successful story eventually gets a sequel. This one brings Reese Witherspoon back to the company she built.
Five years after selling control of Hello Sunshine in a deal worth more than $900M, Witherspoon is partnering with French production group Mediawan to buy back the Los Angeles media company.
The reported purchase price is in the low-to-mid eight figures, significantly below Hello Sunshine’s valuation when Candle Media acquired a controlling stake in 2021.
That difference tells a larger story than any single Hollywood transaction.
Hello Sunshine was one of the most prominent acquisitions made during the streaming boom, when platforms were spending aggressively and investors placed enormous value on production companies with recognizable founders, established audiences and libraries of intellectual property.
Witherspoon had built all three.
Founded in 2016, Hello Sunshine developed its business around stories centered on women, producing projects including “Big Little Lies,” “The Morning Show,” “Little Fires Everywhere” and “Daisy Jones & The Six.” It also turned Reese’s Book Club into an influential audience and discovery platform that now reaches 6.2 million readers and drives approximately $900M in annual U.S. book sales, according to the company.
By 2021, that combination of talent, intellectual property and direct audience access looked like the foundation of a next-generation media empire.
Candle Media, backed by capital from Blackstone, acquired Hello Sunshine as part of a broader effort to assemble a portfolio of entertainment brands. The company also purchased businesses including Moonbug Entertainment, ATTN: and Faraway Road Productions.
Then the streaming market changed.
Entertainment companies became more disciplined about content spending. The race to accumulate subscribers gave way to pressure for profitability. Production budgets tightened, consolidation slowed and some of the valuations assigned during the streaming boom became difficult to maintain.
Hello Sunshine’s return to founder-led ownership reflects how dramatically the media landscape has changed since 2021. It also gives Witherspoon an opportunity to regain greater influence over the company at a moment when its core assets may matter more than its former valuation suggests.
Under the new ownership structure, Hello Sunshine plans to refocus on premium film and television, Reese’s Book Club and new storytelling and distribution formats. Mediawan brings an international production network, while Witherspoon brings something harder to manufacture: a trusted personal brand and an audience willing to follow her recommendations from books to screens.
That relationship with consumers is increasingly valuable in a fragmented media market. Studios can finance productions. Streaming services can distribute them. Far fewer companies can reliably convince millions of people to care before a project is even released.
For Los Angeles, the deal reflects the increasingly fluid boundary between entertainment company, consumer brand and technology-enabled audience platform. The most resilient media businesses may not be those producing the greatest volume of content, but those that own a direct relationship with a specific community.
The first Hello Sunshine deal captured the optimism of the streaming era.
The second may offer a more focused model for what comes next, with the company once again guided by the founder who understood its audience from the beginning.
Hollywood loves a comeback story.
This time, the company is making one too.
LA Tech Week’s Final Stretch
Still making the most of LA Tech Week? We have organized the remaining events by location to make planning the weekend a little easier:
Event schedules may change, so confirm the latest details with the organizer before heading out.
More from this week’s LA startup and venture scene below.
🤝 Venture Deals
LA Companies
- Goodweek raised a $12M seed round led by Adara Ventures to expand its AI management platform for small and midsize businesses. The company brings tools such as ChatGPT, Claude, Gemini and Mistral into one governed workspace and will use the capital to accelerate sales and expand into Latin America and Asia. - learn more
- Fika Ventures co-led Otter Health’s $8M seed round alongside Evidenced Capital, with participation from Slow Ventures, Metrodora, CoFound Partners, Patient Capital, SemperVirens and Layout Ventures. The startup will use the funding to scale its AI-powered platform, which helps healthcare payers and providers reduce unnecessary care and manage quality without relying as heavily on traditional prior authorization. - learn more
- Nant Capital co-led Prolific Machines’ $50M Series B2 alongside Atoms & Bits, bringing the biotechnology company’s total funding to more than $100M. Prolific will use the capital to scale its light-controlled biomanufacturing platform, expand pharmaceutical and biotech programs and begin early work on tissue and organ fabrication. - learn more
- Family Fund participated in Allara’s $30M funding round alongside new investors Camino Partners and Foreground Capital, while existing backers including Index Ventures and GV increased their commitments. The women’s healthcare company will use the capital to expand AI-enabled care, grow its provider and enterprise partnerships and advance research into hormonal, metabolic and reproductive conditions. - learn more
- Vida Ventures participated in Soufflé Therapeutics’ oversubscribed $135M Series B, which was led by Juvia Group. The biotech will use the funding to move three lead programs into clinical trials for muscular dystrophy, heart failure and muscle and metabolic disorders while advancing its broader pipeline of targeted RNA therapies. - learn more
- FJOR participated in LightSprint’s $6.1M seed round, which was led by 645 Ventures. The AI software platform will use the funding to expand its enterprise product and grow its engineering and go-to-market teams as it helps employees across departments make changes to company codebases while keeping engineers in control. - learn more
- Muse Capital participated in Collective X Health’s oversubscribed $3.2M pre-seed round, which was co-led by Council Capital and Anthemis Female Innovators Lab Fund. The women’s health intelligence startup will use the funding to expand its female-focused research and data platform, meet growing enterprise demand and support new research aimed at closing the women’s health data gap. - learn more
- Act One Ventures participated in Intake AI’s $2.5M pre-seed round, which was led by Kapor Capital. The startup is building AI agents that automate clinical-trial setup and operations, helping research teams turn protocols into documents, search study materials and transfer approved forms into existing systems. - learn more
- M13 participated in Ultra’s $62M financing, which included a $50M Series A led by Framework Ventures. The Brooklyn-based robotics startup will use the capital to expand deployment of its AI-powered warehouse robots, which handle packing, sorting and other fulfillment tasks and have already processed more than 500,000 orders. - learn more
LA Exits
- Farcaster is being acquired by Balaji Srinivasan’s Network School from Neynar, marking the decentralized social network’s second change in ownership this year. The deal includes Farcaster’s app, protocol repositories and related products, with its new owner planning to introduce a rules-based “social smart contract” governing full participation on the platform; financial terms were not disclosed. - learn more
- Creator Authority has been acquired by Billion Dollar Boy Group, bringing the agency’s B2B influencer marketing expertise and LinkedIn specialization into BDB’s global creator business. The deal will help Creator Authority scale its work with enterprise brands while strengthening BDB’s presence on the U.S. West Coast and expanding its B2B creator marketing capabilities; financial terms were not disclosed. - learn more
- Burbank-based CareerArc was acquired by AI hiring platform Humanly, with financial terms undisclosed. The deal combines CareerArc’s recruitment marketing and social recruiting tools with Humanly’s AI-powered candidate engagement, screening and interviewing platform, creating a more connected system for employers managing high-volume hiring. - learn more
- Ethiqly was acquired by Carnegie Learning from Owl Ventures and the company’s management, with financial terms undisclosed. Carnegie Learning plans to integrate Ethiqly’s AI-powered writing platform into its literacy offerings, helping students improve their writing while giving teachers greater visibility into the drafting, revision and learning process. - learn more
LA Tech Week 2026: Sunday’s Event Lineup
🔦 Spotlight
LA Tech Week 2026 closes Sunday with one final day of events across Los Angeles. We have organized the remaining lineup by neighborhood so you can finish the week with a few last conversations before everyone returns to their regularly scheduled inboxes.
ARTS DISTRICT
12:00 PM
- ENTERTAINMENT × TECH: NEW RENAISSANCE: See Details Here
SoulByte
CARSON
12:00 PM
- Golf Day Social: See Details Here
Our Wellness Notes, S&R Triangle
- Tech Industry Speed Networking DTLA: See Details Here
Los Angeles Fun Events
CULVER CITY
9:00 AM
- Women in Cleantech & Sustainability Hike and Network: See Details Here
Women in Cleantech & Sustainability
6:00 PM
- Founders pitch competition: See Details Here
Biomorphix solutions, Nightingale regenerative
HOLLYWOOD
10:00 AM
- HEALTH IS WEALTH: See Details Here
Tay Fitness LLC
4:00 PM
- AI International: Film, Music Video & Micro-Drama: See Details Here
AI International Film Festivals
OTHER
12:00 PM
- ORGANIC LIFE LABS™ PRESENTS THE ALIGNMENT LAB: The Science of human performance: See Details Here
The Blue Room Collective
SANTA MONICA
8:00 AM
- Pedal & Network: Tech Cyclists🚵: See Details Here
Instafill.ai
1:00 PM
- Infoports soft launch party: See Details Here
Infoports
6:00 PM
- Meaningful Connections Experiment: See Details Here
Purpose:Labs
SOUTH LA
2:00 PM
- Future Builders : Family STEM Day: See Details Here
Black L.A. Tech Week (Community Collective)
VENICE
10:00 AM
- JFE Coffee & Schmooze - Edition: See Details Here
JFE Network Org
- LA Creatives Buildathon: See Details Here
Hackathon Company
12:00 PM
- How to Raise Funds to Fund Any Business Using Digital Products.: See Details Here
DN Events
Each session provides unique opportunities to gain insights, network, and explore various fields of tech innovation. For updates or more event information, visit the official Tech Week calendar.


