Slingshot Aerospace Nabs Deal with US Space Force

Hanna Chea
Hanna Chea is an editorial intern at dot.LA.
Slingshot Aerospace

Slingshot Aerospace clinched a $1.2 million contract with the U.S. Space Force to create a visualization tool intended to identify enemy missiles and improve data collection in space.

Working with Culver City-based Zoic Labs, the four-year-old company will build an infrared surveillance system that it hopes will eventually be used by Air Force operators to track and handle missile warnings and battlespace awareness reports.

Zoic Labs is the sister company of Zoic Studios, which created the visual effects for "Avengers: Age of Ultron." It will draw upon that inspiration to convert satellite sensor data to video.

Melanie Stricklan, co-founder and CEO of Slingshot Aerospace, said the missile warning mission is key to maintaining top defense and intelligence domains in the United States.

"Our innovative solution will help improve the operator experience and optimize mission efficiencies, while positioning Slingshot Aerospace to be a potential leader in next generation OPIR situational awareness," Stricklan said in a release announcing the deal.

Last week, the U.S. Space Force announced it would establish a tech and acquisition arm at Los Angeles Air Force Base's Space and Missile Systems Center in El Segundo. The move was widely hailed by Southern California's aerospace community as further evidence that the region had become an important hub.

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Regard Raises $15M for AI-Powered Software That Help Doctors Diagnose Patients

Decerry Donato

Decerry Donato is dot.LA's Editorial Fellow. Prior to that, she was an editorial intern at the company. Decerry received her bachelor's degree in literary journalism from the University of California, Irvine. She continues to write stories to inform the community about issues or events that take place in the L.A. area. On the weekends, she can be found hiking in the Angeles National forest or sifting through racks at your local thrift store.

Regard Raises $15M for AI-Powered Software That Help Doctors Diagnose Patients
Courtesy of Regard

Culver City-based health care startup Regard, which uses AI-driven software to help physicians accurately diagnose patients, has raised $15.3 million in Series A funding.

Pasadena-based Calibrate Ventures and Colorado-based Foundry Group led the investment in Regard, formerly known as HealthTensor. Other investors that participated in the round include TenOneTen Ventures, Susa Ventures, Brook Byers of Byers Capital and Dropbox CEO Drew Houston. The new funding will be used to grow Regard’s team and customer base, the company said in a press release.

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This Week in 'Raises': Regard Secures $15M, MaC Venture Capital Raises $203M for Second Fund

Decerry Donato

Decerry Donato is dot.LA's Editorial Fellow. Prior to that, she was an editorial intern at the company. Decerry received her bachelor's degree in literary journalism from the University of California, Irvine. She continues to write stories to inform the community about issues or events that take place in the L.A. area. On the weekends, she can be found hiking in the Angeles National forest or sifting through racks at your local thrift store.

This Week in 'Raises': Regard Secures $15M, MaC Venture Capital Raises $203M for Second Fund
Image by Joshua Letona

This week in “Raises”: A local healthcare startup secured funding to help grow the team and deploy its software to more physicians and hospitals, while Black-led, seed-stage venture capital firm surpassed its goal for its second fund.

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How Braid Theory Plans to Build the Blue Economy from the Port of LA

Keerthi Vedantam

Keerthi Vedantam is a bioscience reporter at dot.LA. She cut her teeth covering everything from cloud computing to 5G in San Francisco and Seattle. Before she covered tech, Keerthi reported on tribal lands and congressional policy in Washington, D.C. Connect with her on Twitter, Clubhouse (@keerthivedantam) or Signal at 408-470-0776.

How Braid Theory Plans to Build the Blue Economy from the Port of LA
Photo courtesy of the Port of Los Angeles.

San Pedro-based Braid Theory is one of the growing number of accelerators in the country looking to grow the so-called blue economy, which spans a range of ocean-related industries and is estimated at $2.5 trillion a year.

The accelerator is accepting online applications until July 18, with its second-ever program kicking off in August.

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