Streetbeat News

Partnerships

KULR

KULR Technology Group, Inc. (NYSE:KULR) has secured a contract over $865,000 with Nanoracks, part of Voyager Space, for the development of an advanced space battery. This contract highlights KULR's role in enhancing Voyager's CubeSat applications with its lithium-ion battery safety and thermal management technologies. The initial contract ends in April, with production to follow. KULR has already delivered the first prototype battery, marking a significant step in this partnership aimed at powering next-generation satellite applications.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 12:35 pm

SCPX

Scorpius Holdings, Inc (NYSE American: SCPX), a contract development and manufacturing organization, announced its acceptance into the BioMaP-Consortium, supported by BARDA and part of the National Biopharmaceutical Manufacturing Partnership. The consortium, with a $20 billion funding ceiling, aims to expand the industrial and manufacturing base for medical countermeasures. This membership provides Scorpius with growth funding, streamlined access to government-funded programs, and opportunities to support biomanufacturing for public health preparedness.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 12:34 pm

CSCO

TELNY

Cisco and Telenor have expanded their partnership to focus on sustainability, connectivity, security, and managed services for critical industries. This includes developing an 'always-on' solution for defense and public safety, and enhancing connected experiences through 5G, cloud, data analysis, IoT, Open vRAN, Smart Building, and security solutions.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 12:23 pm

QUIK

QuickLogic and Zero-Error Systems (ZES) have announced a partnership where QuickLogic's Australis IP Generator will create eFPGA IP optimized for customers' unique PPA requirements. ZES will contribute its radiation-hardened-by-design cell libraries, which offer 3.5x better PPA than current solutions, along with proven reliability.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 12:23 pm

NVEI

Nuvei Corporation (NASDAQ:NVEI) has partnered with The Master Group, Canada's largest HVAC-R distributor, to provide a unified commerce solution for seamless credit and debit card payments across online and in-store channels. This partnership aims to enhance The Master Group's payment functionality, drive growth through an improved omnichannel experience, and enable the company to reach a broader market by offering online payment options for the first time.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 12:22 pm

SAIC

Science Applications International Corp. (SAIC) has secured $284 million in contracts from the U.S. intelligence community in early 2024, with $160 million to be recognized in Fiscal Year 2025. The awards include two contracts over $100 million and a task order under a single-award contract, covering data, AI, and engineering. This follows the formation of a new business group combining intelligence and space work, enhancing collaboration and expanding SAIC's mission capabilities.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 12:20 pm

RUM

Rumble (NASDAQ:RUM), a video-sharing platform and cloud services provider, announced a strategic partnership with ACP CreativIT to enhance its managed service offering in North America. This partnership aims to expand Rumble Cloud's service range, optimize IT operations, and improve data privacy and security for its customers.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 12:12 pm

INFN

Infinera (NASDAQ:INFN) has been selected by NBN Co, Australia's national broadband provider, to upgrade its nationwide optical network with the GX Series platform and ICE-X intelligent coherent pluggables. This upgrade aims to expand network capacity and enhance high-speed service delivery, supporting broadband access across Australia. The deployment across nbn's 60,000-kilometer network will improve traffic aggregation efficiencies, network capacity, and offer cost and power savings.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 12:12 pm

APLD

Applied Digital Corporation (APLD) has secured a $75M contract with AI company Together AI, receiving an $18M prepayment. APLD has onboarded one compute cluster of GPUs for Together AI and provided access to a second cluster, featuring H100 GPUs and NVLink technology. This partnership aims to meet the demands of AI and HPC markets, with APLD's infrastructure designed for high-performance computing applications.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 12:11 pm

WIT

Wipro's shares are trading higher following the announcement of its agreement with Desjardins to modernize consumer banking services using the NetOxygen platform.

Portfolio Pulse from Benzinga Newsdesk

March 14, 2024 | 12:10 pm