Streetbeat News

Partnerships

LUNR

Intuitive Machines' stock (LUNR) surged about 30% in early trading as its IM-1 mission, carrying 12 payloads including six for NASA under a $118 million contract, approaches a moon landing attempt. The mission, launched on a SpaceX rocket, has completed several key milestones, with the lander 'Odysseus' preparing for lunar orbit insertion. This marks the company's first moon mission and represents the second under NASA's Commercial Lunar Payload Services initiative.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 3:20 pm

NYT

The New York Times (NYT) is developing a generative AI (GenAI) ad-targeting tool, set to debut in the second half of the year. This tool, created internally, aims to optimize ad placements based on campaign objectives and target niche audiences. The NYT is currently recruiting advertising partners for a closed beta test starting next quarter. The tool leverages large language models (LLMs) and is part of the NYT's broader investment in GenAI technology, despite its lawsuit against OpenAI and Microsoft for copyright infringement.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 2:55 pm

ALGT

Allegiant Travel Company (ALGT) has announced a partnership with Berry Aviation to launch the Allegiant Incentive program, aimed at enhancing its pilot recruitment pipeline. This collaboration will provide Allegiant with access to a pool of experienced pilots trained by Berry, supporting the airline's growth by ensuring a steady influx of qualified pilots. The program includes benefits such as training, mentorship, and participation in Allegiant events for pilots meeting specific criteria.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 2:49 pm

FROG

JFrog Ltd. (NASDAQ:FROG) and Carahsoft Technology Corp. have announced a partnership to provide U.S. Government organizations with DevSecOps workflows to secure their software supply chains. This collaboration enables the public sector to access JFrog's platform through Carahsoft's distribution network, including NASA SEWP V and ITES-SW2 contracts, to ensure software compliance and security. The partnership aims to integrate security into the software development lifecycle, addressing the increasing threats and regulatory requirements faced by government organizations.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 2:21 pm

IPWR

Ideal Power Inc (NASDAQ:IPWR) has started commercial shipments of its SymCool Power Modules, targeting applications in switchgear, renewable energy, EVs, and more. The company anticipates forming major OEM partnerships and custom development agreements later this year, with sales expected to ramp up in the second half of 2024. CEO Dan Brdar highlighted the efficiency benefits of their B-TRAN technology and the company's progress on its commercialization roadmap.

Portfolio Pulse from Anusuya Lahiri

February 20, 2024 | 2:20 pm

IPWR

Ideal Power anticipates converting large OEMs into design wins and/or additional custom development agreements due to the success of its test and evaluation program and the shipment of SymCool Power Modules.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 2:20 pm

SPWR

Tom Werner has been appointed as the Executive Chairman of SunPower Corp.'s Board of Directors, effective February 19, 2024. Werner, who previously served as SunPower's CEO and Chairman for nearly 18 years, returns to the company to help navigate its next era and strengthen its core business. SunPower's CEO, Peter Faricy, highlighted Werner's extensive experience and legacy knowledge as invaluable assets for the company's future.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 2:20 pm

ISDR

Issuer Direct Corporation (NYSE:ISDR) announces a partnership with ASTA-USA Translation Services to expand its language translation offerings. This partnership will allow Issuer Direct, the parent company of ACCESSWIRE and Newswire, to provide its customers with access to specialized translation and localization services across various industries. ASTA-USA, known for its rigorous vetting process and industry-specific expertise, aims to enhance collaboration and eliminate language barriers for businesses. Additionally, ASTA-USA is a Newswire Press Release Optimizer client, further strengthening the relationship between the two companies.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 2:19 pm

RVSN

Rail Vision has announced the commercial installation of its AI-driven systems in a National Railways line, following the purchase of 10 Rail Vision Main Line Systems for $1.4 million.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 2:17 pm

ACB

BGXX

BMY

CWBHF

Several cannabis companies announced executive and board changes, including Aurora Cannabis appointing Simona King as CFO and Cresco Labs promoting Greg Butler to president. Other companies like Rubicon Organics, STIIIZY INC., and Lowell Farms also made significant appointments. Additionally, board changes occurred at Charlotte’s Web Holdings and Bright Green Corporation, among others. These changes reflect ongoing shifts in the cannabis industry's leadership landscape.

Portfolio Pulse from Jelena Martinovic

February 20, 2024 | 2:11 pm