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Partnerships

CF

CF Industries Holdings Inc (NYSE:CF) and Japan's JERA have signed a joint development agreement to explore the development of a low-carbon ammonia plant in Louisiana. The plant aims for a 1.4 million metric ton capacity, with JERA planning a 48% ownership and an agreement to procure over 500,000 metric tons annually. This collaboration marks an expansion of their relationship, aiming for a final investment decision within a year and production commencement in 2028. The initiative supports decarbonization goals, with JERA intending to use the ammonia to replace coal in thermal power plants.

Portfolio Pulse from Shivani Kumaresan

April 18, 2024 | 11:44 am

RNW

Renew Energy Global (RNW) has entered into an initial agreement with Jera Co to collaboratively assess the development of a green ammonia production project in India. This partnership aims to explore the potential for sustainable energy solutions in the region.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 11:34 am

EVO

Evotec and Variant Bio have entered into a collaboration agreement to discover treatments for diseases caused by fibrosis. Evotec will receive research funding, with potential for pre-clinical and clinical milestones and/or royalties based on the program's success.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 11:29 am

ECX

ECARX has formed a strategic partnership with FAW Group to develop intelligent cockpits for FAW's premium Hongqi brand vehicles. This collaboration aims to enhance the driving experience by integrating advanced technologies into the vehicle's cockpit, marking a significant step in the automotive industry's shift towards more intelligent and connected vehicles.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 11:20 am

RTX

RTX has signed an agreement with ENGIE Resources LLC, a subsidiary of Engie North America, to supply 100% renewable electricity to 12 of its Texas facilities until 2033. This deal, starting in 2024, will deliver over 1.5 million megawatt hours of renewable power over 10 years, reducing RTX's carbon emissions by approximately 560,000 metric tons.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 11:16 am

BTCY

Biotricity Inc. has initiated a pilot program for cardiac monitoring across a hospital system that includes 9 hospitals and 10 clinics. This expansion into a significant healthcare network marks a pivotal step for Biotricity in demonstrating the effectiveness and scalability of their cardiac monitoring solutions.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 11:08 am

MQ

Marqeta has partnered with Rain to enhance its early wage access offerings through embedded finance. This collaboration allows Marqeta to scale its services, providing users with more flexible access to their earned wages ahead of the traditional payday.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 11:03 am

CTM

Castellum's subsidiary, Specialty Systems (SSI), has formed a strategic alliance with Epic Systems. This partnership enables them to bid on government contracts by utilizing Epic's small business status and SSI's extensive experience.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 10:48 am

RCAT

Red Cat Holdings, Inc. has entered into a partnership with Sentien Robotics. This collaboration will allow organizations utilizing Sentien's Hive UAS management platforms to incorporate Teal drones into their autonomous drone swarming strategies. These strategies are aimed at enhancing defense and security operations across various domains including land, air, and sea.

Portfolio Pulse from Benzinga Newsdesk

April 18, 2024 | 10:35 am

PUBM

PubMatic (NASDAQ:PUBM), a leading technology company in digital advertising, has partnered with Virgin Media to enhance ad-funded TV content in the UK, allowing advertisers to reach broader audiences through premium channels.

Portfolio Pulse from Charles Gross

April 18, 2024 | 10:23 am