Streetbeat News

Partnerships

RTX

Raytheon, an RTX business, has secured a 3-year contract from DARPA to develop ultra-wide bandgap semiconductors using diamond and aluminum nitride technology. This project aims to enhance power delivery and thermal management in electronic applications.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 1:05 pm

FFIV

OVHcloud and F5 have announced a partnership to enhance multicloud application security. This collaboration will provide integrated web application and API protection for hybrid deployments across all OVHcloud instances.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 1:01 pm

JOBY

Joby Aviation's stock is rising following Toyota's announcement of a $500 million investment to aid in the certification and commercial production of Joby's electric air taxi.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 12:47 pm

NEOV

NeoVolta Inc. has secured a $1.4 million deal with National Renewable Energy Partners, expanding its dealer network to new states. This move highlights the growing demand for energy storage solutions in the U.S. as states focus on grid resilience.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 12:46 pm

JOBY

TM

Toyota is set to invest $500 million in Joby Aviation to support the certification and commercial production of Joby's electric air taxi. The investment will be made in two tranches, with the first closing later this year and the second in 2025. This will bring Toyota's total investment in Joby to $894 million.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 12:46 pm

NTWK

NETSOL Technologies, Inc. (Nasdaq: NTWK) has announced a strategic partnership with Hiltermann, a Netherlands-based lender, to expand its presence in Europe. Hiltermann will use NETSOL's Wholesale Finance System to enhance its offerings in the asset finance and leasing market.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 12:43 pm

ELAB

Elevai Labs, Inc. (NASDAQ:ELAB) has launched a clinical study to evaluate the effectiveness of its exosome skincare products in combination with energy-based aesthetic devices. The study, in collaboration with Dr. Jennifer Pearlman, aims to enhance facial rejuvenation techniques.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 12:39 pm

UGRO

Urban-gro has secured a contract for architectural design services on a critical municipal infrastructure project in Union City, Georgia. The financial details of the contract were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 12:35 pm

STRR

Star Equity Holdings' subsidiary, KBS Builders, has secured two contracts worth $4.6 million to produce modules for cottages and affordable housing in Maine. The projects are expected to be completed by December 2024, with occupancy by Spring 2025.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 12:34 pm

CAT

TRMB

Caterpillar and Trimble have extended their joint venture to enhance innovation and expand the distribution of grade control solutions in the construction sector. This collaboration aims to leverage both companies' strengths to improve construction technology offerings.

Portfolio Pulse from Benzinga Newsdesk

October 02, 2024 | 12:33 pm