SpaceX seeks launch permits; Via and L.A. Metro partner; Arlington Capital buys Intellectual Technology
New York City-based Via joined forces with L.A. Metro Jan. 28 to launch a pilot program that will give commuters free shuttle rides to the Compton, El Monte and North Hollywood Metro stations. The year-long pilot costs roughly $2.5 million – $1.35 million of which is funded by a Federal Transit Administration grant. TechCrunch reports Via shuttles will cost riders with TAP cards $1.75 per trip, while non-cardholders will pay $3.75.
Vicente Capital Partners Sells Intellectual Technology
Brentwood-based Vicente Capital Partners sold its Carlsbad-based portfolio company, Intellectual Technology Inc. to Arlington Capital Partners Jan. 28. Intellectual Technology develops and distributes vehicle registration tracking, license inventory and driver-testing software for departments of motor vehicles. The Wall Street Journal reports Arlington Capital, based in Chevy Chase, Md., pursues investments with enterprise values of at least $50 million up to $500 million.
SpaceX Seeks Launch Licenses for Space Station Missions
A brief return to work for government employees ensures Hawthorne-based Space Exploration Technologies Corp. can file for launch licenses with government agencies – and Ars Technica reports the firm is seeking three permits from the Federal Communications Commission for planned missions in March and April. The requested permits include a cargo resupply mission to the International Space Station and a launch of the Falcon Heavy rocket which will send a Saudi Arabian telecommunications satellite dubbed “Arabsat” into geostationary orbit.
Tech reporter Samson Amore can be reached at [email protected] or (323) 556-8335. Follow him on Twitter @samsonamore.
