Akash Systems Inc. announced it has raised $3.1 million and closed its seed roundfunding. Led by Khosla Ventures, the seed round also included Social Capital, Data Collective, Ruvento Ventures, Sriram Krishnan and Backstage Capital.
Reflecting strong demand from cellular phone, Wi-Fi and IoT applications, Skyworks exceeded $1 billion in quarterly revenue for the first time, generating $361 million in cash from operations to end the quarter with $1.7 billion in cash and no debt.
ABI Research predicts that IDoT (Identity of Things) services are expected to grow significantly over the next five years with most of the revenues being driven primarily by industrial, manufacturing, and automotive market verticals.
Pasternack has released a new line of electromechanical relay switches in popular configurations that operate from DC up to 26.5 GHz and feature a D-SUB multi-pin connector interface for secure and reliable DC voltage and command control functions.
IceCube, the diminutive spacecraft that deployed from the International Space Station in May 2017, has demonstrated in space a commercial 883 GHz radiometer developed by Virginia Diodes under a NASA Small Business Innovative Research contract.