Technology & Entrepreneurship

Courtesy 24th Air Force

Lockheed Martin will launch a new cyber arm in San Antonio that will grow to 100 jobs over the next two years, according to company officials.


Travis Bubenik / KRTS

A deal announced Monday could mean a $100 million towards solar projects in Texas. Austin-based solar power company PowerFin Partners will develop and build the projects and Toronto-based real estate investors Fengate will finance the deals as part of today’s announced co-development deal.


Ildar Sagdejev / WikiCommons | http://bit.ly/2xW20Ub

In court documents filed Thursday, USAA’s lawyers said Wells Fargo knowingly infringed on four of its patents having to do with mobile check depositing, a product that USAA rolled out in 2009.

Court documents said USAA spent millions of dollars and thousands of employee hours pioneering what they call remote deposit capture technology.


Pingboard

San Antonio-based venture capital firm Active Capital invested $1 million in software company Pingboard.

The million dollar investment came during the third round of seed financing and is one of Active Capital’s largest, representing the majority of its $2.5 million. The deal was signed in mid May.


NASA/Ben Smegelsky

Hurricane season is here, and for the second season NASA scientists will measure hurricanes using satellites built by San Antonio-based Southwest Research Institute.


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