Streetbeat News

Partnerships

QMCO

Quantum Corporation (NASDAQ:QMCO) and Carahsoft Technology Corp. have announced a partnership to distribute Quantum's data management solutions to the US Federal Government and Public Sector. Carahsoft will act as a Federal Distributor, offering Quantum's products through various contracts and schedules. The partnership aims to provide Public Sector organizations with advanced tools for data storage, management, and analysis, leveraging Quantum's AI-driven data platform and comprehensive product suite.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 1:06 pm

MAT

SSNLF

Mattel, Inc. (NASDAQ:MAT) has partnered with Samsung to launch its first three 24/7 Free Ad Supported Streaming (FAST) channels on Samsung TV Plus. The channels, named Barbie and Friends, Hot Wheels Action, and Mattel Jr., will feature content from Mattel's iconic brands and are set to go live later this year. This partnership marks Mattel's first foray into the FAST streaming service, aiming to engage fans with their favorite characters and storylines through Samsung's expanding content offering.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 1:04 pm

SGBX

Safe & Green Holdings Corp. (NASDAQ:SGBX) has announced an agreement to produce four modular electrical distribution centers for a client in the big box retailer market, as part of a potential 20-unit order for 2024. These units are designed for flexible and efficient electricity distribution, showcasing the company's expertise in modular construction.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 1:02 pm

SKYX

SKYX Platforms Corp. (NASDAQ:SKYX) announces a collaboration with Chinese lighting supplier Ruee Appliances to enhance market penetration in the US, Chinese, and European markets. This partnership aims to provide SKYX with financial support, mass production capabilities, and global distribution, expected to improve operational efficiencies and gross margins. SKYX, known for its smart platform technology and numerous patents, also highlighted its recent achievements including record sales and partnerships with industry leaders like General Electric.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 12:50 pm

CNDT

Conduent Incorporated (NASDAQ:CNDT) has implemented an Express Lanes tolling system for the Virginia Department of Transportation (VDOT) on a segment of the I-64 Hampton Roads Express Lanes. The system, part of a 2021 contract, includes dynamic pricing, automated license plate recognition, and vehicle classification technologies to improve traffic flow and reduce congestion. This segment is the first of four to be implemented, potentially expanding into a 45-mile Express Lanes network.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 12:49 pm

AAL

American Airlines' CFO reported during a conference call that delivery delays from Boeing have impacted the airline's mainline capacity. This situation could affect American Airlines' operational efficiency and financial performance.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 12:48 pm

LUCY

Innovative Eyewear, Inc. has partnered with New Look Vision Group to offer its Lucyd smart eyewear in Canada. The smart frames are available on NewLook.ca and select stores in Quebec. New Look, a leading eyewear retailer with over 450 stores in the US and Canada, has been recognized as one of Canada's Best Managed Companies. This partnership allows Innovative Eyewear to introduce its products to the Canadian market, leveraging New Look's extensive retail network and award-winning retail experience.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 12:48 pm

ITI

Carson City, Nevada, has selected Iteris, Inc. (NASDAQ:ITI) to upgrade its intersection detection sensors to the Vantage Apex hybrid sensors, featuring 1080p HD video and 4D radar with AI algorithms for improved safety and mobility. These sensors are part of Iteris' ClearMobility Platform, aiming to enhance traffic management through advanced detection and analytics.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 12:47 pm

SABR

Sabre Corporation (NASDAQ:SABR), a leading technology provider for the global travel industry, has entered into a multi-year agreement with National Travel, a top U.S. travel management company. This partnership allows National Travel access to Sabre's extensive travel marketplace, aiming to enhance efficiencies, support revenue growth, and improve the traveler experience with advanced solutions like real-time NDC offers, Content Services for Lodging, and Automated Exchanges. Sabre's unique position as a major GDS provider for U.S. government travel and its award-winning service underscore the strategic value of this collaboration.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 12:47 pm

HYLN

Hyliion and BayoTech have announced a partnership to develop hydrogen hubs and the KARNO hydrogen generator, aiming to offer sustainable power solutions. This collaboration signifies a strategic move to enhance the infrastructure for hydrogen fuel, potentially increasing the demand for Hyliion's electrified powertrain solutions.

Portfolio Pulse from Benzinga Newsdesk

April 25, 2024 | 12:46 pm