Streetbeat News

Partnerships

LRN

Stride, Inc. (LRN) has been named a qualified vendor for Michigan's $150M Tutoring Initiative, expanding its tutoring services to students across Arkansas. This designation allows Stride Tutoring to be a part of a significant educational effort aimed at enhancing student learning and achievement.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 2:08 pm

BCOV

Sistema Brasileiro De Televisão (SBT), the second-largest TV network in Brazil, has chosen Brightcove's streaming technology for its new streaming app. The terms of the partnership were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 2:07 pm

DASH

Ahold Delhaize USA has announced new partnerships with DoorDash to expand its on-demand grocery delivery services. This collaboration aims to enhance customer convenience by providing a wider range of grocery delivery options.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 2:02 pm

BMR

Beamr Imaging Ltd. (NASDAQ:BMR) announced the launch of a new cloud service on February 20, 2024, aimed at simplifying video processing. This service, leveraging Amazon's AWS and Nvidia hardware, targets the expanding AI, ML, and streaming markets. Beamr's technology, which has won an Emmy award, promises cost-effective and high-quality video management solutions.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 1:43 pm

KR

RGF

The Real Good Food Company, Inc. (NASDAQ:RGF) announced the launch of its new Low Sugar BBQ Pulled Pork and BBQ Pulled Chicken entrées at Kroger stores nationwide. These products, which are high in protein and have no added sugar, aim to provide a healthier alternative to traditional BBQ entrées, which typically contain around 75g of sugar per package. The launch is part of Real Good Foods' mission to make nutritious foods more accessible and to reduce unnecessary sugar intake. The products are now available in the frozen section of Kroger and Kroger family stores.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 1:41 pm

OSS

One Stop Systems, Inc. (OSS) has started shipping its Gen 5 4U Pro Accelerator System, expecting to generate $4M-$6M in sales over the next three years. This system, designed for AI workflows at the edge, offers significant improvements over the previous generation, including double the interconnect bandwidth and enhanced support for NVIDIA H100 Tensor Core GPUs. OSS's technology is aimed at high-performance computing and AI workloads, with demand in the edge computing market projected to grow substantially. The company's solutions are deployed globally in both commercial and defense sectors.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 1:40 pm

LAB

Standard BioTools Inc. (NASDAQ:LAB) has announced a collaboration with Navignostics AG to develop clinical research applications and service offerings using the Hyperion XTi Imaging System. This partnership aims to advance personalized medicine, particularly in cancer treatment, by leveraging Imaging Mass Cytometry to provide critical biological insights for treatment decisions. The collaboration will focus on automating and standardizing tumor characterization to accelerate drug development and improve patient outcomes. Standard BioTools will support Navignostics in assay development and both companies plan to co-publish their findings.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 1:39 pm

PGY

Pagaya Technologies LTD. (NASDAQ:PGY), a global technology company specializing in AI-driven financial solutions, has secured a $280M credit facility from top financial institutions including BlackRock, UBS O'Connor, JPMorgan Chase, Valley Bank, and Israel Discount Bank. This facility, aimed at supporting Pagaya's growth and extending its debt maturity to 2029, underscores the confidence these institutions have in Pagaya's business model and financial strategy. The company has also reported strong financial performance for 2023, with Network Volume exceeding $8.2 billion and Adjusted EBITDA over $75 million.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 1:36 pm

CETY

Clean Energy Technologies, Inc. (CETY) announced its affiliate, Vermont Renewable Gas, LLC, received a favorable order from the Maine Public Utilities Commission, granting New Renewable Resource Certification for a 2.2 MW biogas generator facility. This certification allows the facility to participate in Maine's Renewable Portfolio Standard program, projecting $5.2M in revenue over 10 years. CETY will design, build, and operate the $10M facility, expected to generate over 18,000 MWh of renewable electricity and 1,500 tons of BioChar annually. The project benefits from the Inflation Reduction Act and aligns with CETY's mission to expand its clean energy solutions.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 1:36 pm

VRTX

CervoMed has appointed Dr. Joshua Boger, the founder and retired CEO and Board Chair of Vertex Pharmaceuticals, as its Board Chair. The company is progressing with its RewinD-LB Phase 2b clinical trial for neflamapimod in patients with dementia with Lewy bodies, expecting to complete enrollment in the first half of 2024 and to release topline data in the second half of 2024.

Portfolio Pulse from Benzinga Newsdesk

February 07, 2024 | 1:35 pm