Streetbeat News

Partnerships

SRAD

Sportradar (NASDAQ: SRAD) has entered into a six-year exclusive betting and technology partnership with the United Soccer League (USL), covering over 600 USL matches annually across its professional leagues. This deal, Sportradar's first with a major North American soccer league, includes rights to collect, license, and distribute official betting and media data, live streaming for betting operators and media outlets, and continued use of Sportradar's Integrity Services. Financial details were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 2:55 pm

BTTX

Better Therapeutics (BTTX) has announced a partnership with the American College of Lifestyle Medicine to expand access to its AspyreRx program across 1,400 Federally Qualified Health Centers. This initiative aims to offer one million prescriptions for AspyreRx to patients in underserved communities, targeting those disproportionately affected by type 2 diabetes.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 2:30 pm

LAAC

Ganfeng Lithium agrees to acquire a 15% interest in PGCo, a subsidiary of Lithium Argentina (LAAC), for $70M. The investment will support the development of the Pastos Grandes Basin with a focus on utilizing Ganfeng's DLE technology. The deal, expected to close in Q2 2024, aims to enhance LAAC's balance sheet and foster the global lithium supply chain.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 2:29 pm

ERIC

Ericsson (NASDAQ: ERIC) has partnered with Mobily to evolve the network infrastructure in Saudi Arabia using Open RAN technology, focusing on enhancing network flexibility.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 2:22 pm

WRAP

Wrap Technologies, Inc. (NASDAQ:WRAP) announced a 20 unit expansion order for BolaWrap 150 devices by the Detroit Police Department, following a successful initial deployment. The devices support the Crisis Intervention Team in safely managing individuals in mental health crises. This marks a significant adoption of Wrap's 'no-harm' public safety solutions in a major urban area, reflecting a shift towards minimal force policing.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 2:20 pm

RIOT

Riot Platforms, Inc. (NASDAQ:RIOT) reported its February 2024 production and operations updates, highlighting a decrease in Bitcoin production compared to previous periods. The company produced 418 Bitcoin in February, a decrease from January 2024 and February 2023. Riot also announced a new purchase order with MicroBT for 31,500 miners to enhance efficiency at its Rockdale Facility, expecting to increase its mining capacity to 15.1 EH/s. Additionally, Riot is developing a new Corsicana Facility with a future capacity of 1 gigawatt, expecting to achieve a total self-mining hash rate capacity of 31 EH/s by the end of 2024 and 41 EH/s upon full deployment in 2025.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 2:16 pm

ITRI

Itron, Inc. (NASDAQ:ITRI) has acquired Elpis Squared, a provider of software and services for utility grid operations, to expand its Grid Edge Intelligence portfolio. This acquisition aims to accelerate the energy transition by enhancing grid planning, operations, and engineering with Elpis Squared's expertise. Elpis Squared's solutions, including the RE|Grid Suite, will be integrated with Itron's solutions to improve grid modeling, analytics, and scenario planning, among other benefits. The combined offerings are expected to address operational challenges and support utilities in navigating the energy transition, with integrated solutions available in Q4 2024.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 2:10 pm

ANSS

HYMTF

Hyundai Motor Company has selected Ansys (NASDAQ:ANSS) as a preferred supplier for structural simulation solutions, specifically Ansys Mechanical™ and Ansys LS-DYNA™, for next-generation vehicle body system analysis. This decision comes after an 18-month competitive evaluation, highlighting Ansys' superior market strategy, predictive accuracy, and product development commitment. The collaboration aims to enhance vehicle safety and comfort through advanced simulation tools.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 2:08 pm

SBUX

The Strategic Organizing Center (SOC), a shareholder of Starbucks Corporation (NASDAQ:SBUX), has withdrawn its director nominations following an agreement between Starbucks and Workers United. This agreement, which includes collective bargaining and benefits for employees, is seen as a significant step towards improving Starbucks' labor relations and enhancing shareholder value. The SOC believes this move will allow Starbucks to focus on its new commitments to workers and governance reforms, potentially leading to improved company performance.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 1:37 pm

AMPX

Amprius Technologies, Inc. (AMPX) has completed a high-volume shipment of its SiMaxx cells to the Korean Aerospace Research Institute (KARI), marking a significant milestone in its partnership aimed at advancing high-altitude pseudo-satellite (HAPS) applications. This collaboration underscores Amprius' role as a leading provider of innovative lithium-ion battery solutions, with its Silicon Anode Platform enabling significant advancements in aerospace technology. The SiMaxx cells, known for their high energy density, are expected to enhance the performance and efficiency of KARI's solar-powered stratospheric vehicles, contributing to longer flight durations and greater payload capabilities. Amprius plans to scale up production of these cells at its Colorado facility by 2025.

Portfolio Pulse from Benzinga Newsdesk

March 05, 2024 | 1:37 pm