Streetbeat News

Partnerships

ASNS

Actelis Networks (ASNS) has entered into a partnership agreement with Netceed to extend its hybrid-fiber networking solutions to Netceed's North American customer base. This strategic partnership aims to leverage Actelis' advanced networking technology to enhance connectivity solutions for Netceed's clients in North America.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 12:31 pm

LICY

Li-Cycle Holdings Corp. (NYSE:LICY) has entered into an agreement to issue a $75M senior secured convertible note to an affiliate of Glencore plc (LON: GLEN), enhancing their strategic partnership. This investment aims to improve Li-Cycle's liquidity and supports its future plans, including the development of the Rochester Hub. The agreement amends an existing note, extending its maturity and adjusting terms. Li-Cycle continues to review its global recycling network and strategy for the Rochester Hub, with a focus on critical battery materials production.

Portfolio Pulse from Happy Mohamed

March 12, 2024 | 12:21 pm

BRDG

Bridge Investment Group Holdings Inc. (BRDG) announced its expanded 'Bridge to Opportunity' program, including a new partnership with Entryway to provide employment and housing for at-risk individuals. The program, leveraging Bridge's 90,000+ residential units, focuses on education, healthy communities, and financial wellness, with philanthropic commitments totaling $75M over 10 years. Initiatives include funding social programming, providing affordable housing, and supporting community services through partnerships and Opportunity Zone developments.

Portfolio Pulse from Happy Mohamed

March 12, 2024 | 12:19 pm

MYNZ

Mainz Biomed N.V. (NASDAQ:MYNZ) announced its participation in the 39th UDH Congress 2024 in Germany, focusing on showcasing ColoAlert®, its flagship product for early colorectal cancer detection. ColoAlert® utilizes advanced tumor DNA analysis technology for high accuracy in CRC screening. The presentation at the UDH Congress is part of Mainz Biomed's strategy to promote evidence-based, innovative health solutions and foster collaboration across the health sector. The product is available in select EU countries and is pending FDA approval in the US.

Portfolio Pulse from Happy Mohamed

March 12, 2024 | 12:16 pm

SVRE

SaverOne (SVRE) has signed an agreement with Volvo to install its safety solution in Volvo buses operating in Mexico. This partnership aims to enhance passenger safety by integrating SaverOne's technology into Volvo's transportation solutions.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 12:14 pm

OTRK

Ontrak Health (NASDAQ:OTRK), a behavioral healthcare company, announced an expansion of its partnership with Sentara Health in Virginia, offering its WholeHealth+ program to more members. This expansion, following a previous one with Sentara Health Plans, significantly increases the eligible members for Ontrak's program and introduces the Advanced Engagement System across Sentara's commercial population.

Portfolio Pulse from Happy Mohamed

March 12, 2024 | 12:12 pm

BAH

Booz Allen Hamilton (NYSE:BAH) has been awarded a $550 million contract by the U.S. Department of Energy's ARPA-E to support the advancement of innovative energy technologies. This ten-year contract aims to generate, store, and use energy in new ways to reduce U.S. emissions, improve energy efficiency, and enhance the power grid's resiliency. Booz Allen's role includes identifying energy challenges, supporting an innovation ecosystem, and de-risking technologies for long-term funding. The company's extensive experience with government ARPA programs and its corporate venture capital arm, Booz Allen Ventures, positions it as a key partner in driving energy innovation.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 12:05 pm

GSM

Ferroglobe PLC and Coreshell have signed a Memorandum of Understanding (MoU) to collaborate on the production of battery-grade metallurgical silicon, specifically for use in electric vehicles (EVs). This partnership aims to leverage Ferroglobe's expertise in silicon production and Coreshell's innovative technology to enhance the performance and efficiency of EV batteries.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 12:05 pm

MDAI

Spectral AI, Inc. (NASDAQ:MDAI) has announced a new contract with the Defense Health Agency and the US Army Medical Material Development Activity valued at over $500,000 for the development of DeepView SnapShot® M, a handheld version of its DeepView Wound Imaging System. This contract adds to previous U.S. Government awards, bringing the total funding for DeepView SnapShot® M to over $6 million. The funding aims to optimize the device for combat readiness and expand its use in home health care, reinforcing Spectral AI's role in AI-driven healthcare innovation.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 12:03 pm

V

Visa and Taulia, an SAP company, have partnered to enhance global access to embedded finance by integrating Visa's digital payments technology into Taulia Virtual Cards. This collaboration aims to streamline the payments experience for buyers and suppliers by leveraging SAP's ERP solutions.

Portfolio Pulse from Benzinga Newsdesk

March 12, 2024 | 12:02 pm