Streetbeat News

Partnerships

KULR

KULR Technology Group, Inc. has secured an exclusive global license for NASA's large format Fractional Thermal Runaway Calorimeter (FTRC) technology, which is critical for lithium-ion battery safety testing. This positions KULR as the sole provider of comprehensive battery testing services for all cell types and establishes them as a key partner for OEMs in battery safety design, testing, storage, and recycling. The global battery testing equipment market is expected to grow from USD 11.2 billion in 2021 to USD 16.5 billion by 2030, and KULR is already serving major clients in the automotive, space exploration, electric truck manufacturing, and electric vertical take-off and landing sectors.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 1:45 pm

BFRG

SAVE

SLDP

Spirit Airlines' stock (SAVE) plunged by 59% due to the blocked merger, affecting the airline sector with JetBlue and Hawaiian Airlines on watch. BullFrog AI (BFRG) surged 48% after its collaboration with the Lieber Institute for Brain Development showed promising results in brain expression data stratification. Solid Power (SLDP) increased by 17% on the expectation of generating at least $50 million in revenue from recent agreements upon meeting milestones and electrolyte deliveries.

Portfolio Pulse from ryanfaloona@benzinga.com

January 17, 2024 | 1:42 pm

TURB

Solar360 and Turbo Energy have formed a strategic alliance to install Turbo Energy's intelligent batteries in residential, commercial, and industrial locations nationwide. Solar360 will promote the energy services while Turbo Energy will provide the technology.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 1:35 pm

TSAT

Telesat (TSX:TSAT) and Mage Networks have signed an MOU for Telesat Lightspeed LEO satellite services. They will collaborate to integrate Telesat Lightspeed into Mage's service portfolio, aiming to expand broadband internet to remote Canadian communities. The Telesat Lightspeed Capacity Pool, supported by the Canadian government, offers reduced rates to service providers for community connectivity. Telesat Lightspeed will provide high-speed, low-latency broadband globally, with deployment expected in 2027.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 1:35 pm

BARK

BARK, Inc. has announced a new retail agreement to sell its dog treat products in approximately 1,300 locations of a leading national retailer starting in spring 2024. The deal includes 4 SKUs in-store and 8 online, expanding BARK's retail presence to nearly 2,500 doors nationwide. CEO Matt Meeker expressed excitement about the partnership's potential to increase visibility for BARK's consumables and contribute to the company's profitability and cash flow goals.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 1:34 pm

ACON

Aclarion, Inc. (NASDAQ: ACON, ACONW) has announced the release of Nociscan 2.6, which expands the compatibility of its augmented intelligence platform to additional MRI scanners beyond Siemens. This development is expected to increase access to Nociscan for healthcare providers and patients globally, addressing chronic low back pain which affects approximately 266 million people. The company aims to make Nociscan the standard tool for diagnosing and treating chronic low back pain.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 1:23 pm

TRU

NielsenIQ and TransUnion have announced a collaboration to integrate NielsenIQ's consumer data with partners' identity spaces. This partnership aims to enhance consumer data solutions by leveraging TransUnion's identity resolution capabilities. The collaboration is expected to provide clients with a more comprehensive understanding of consumer behavior.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 1:23 pm

DARE

Daré Bioscience, Inc. has received a $750,000 grant from the Bill & Melinda Gates Foundation to fund activities related to the development of bacteria-based live biotherapeutic products. This follows a previous grant of approximately $585,000 for the development of a hydrogel formulation. The new grant will support Daré's efforts to analyze the global bacterial biologic supply chain and identify potential CMO partners for manufacturing clinical and commercial supplies of these products. Daré's expertise in auditing and recommending manufacturers was a key factor in their selection for this project.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 1:18 pm

URGN

UroGen Pharma has obtained an exclusive license from medac GmbH to develop a mitomycin-based formulation for the treatment of urothelial cancers. This agreement could potentially enhance UroGen's product portfolio and strengthen its position in the oncology market, specifically targeting treatments for urothelial cancers.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 1:10 pm

MAXN

Maxeon Solar Technologies, Ltd. (NASDAQ:MAXN) has launched a new Commercial Partner Program in the U.S. to support solar installers and dealers. The program offers exclusive access to Maxeon's high-efficiency solar modules, a 40-year warranty, sales support, marketing assets, and co-branding opportunities. Maxeon emphasizes its commitment to sustainability and ESG, highlighting its recognition in the Global 100 Index and as a UN Global Compact signatory. Sunterra Solar Inc. has partnered with Maxeon, citing alignment with their sustainable practices and investment strategy. Maxeon is promoting its program at Intersolar North America.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 1:09 pm