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Partnerships

TXN

Texas Instruments (TI) introduced new automotive chips at CES 2024, including the AWR2544 radar sensor chip and DRV3946-Q1 and DRV3901-Q1 driver chips for ADAS and powertrain systems. The AWR2544 is the first single-chip radar sensor for satellite architectures, enhancing sensor fusion and decision-making in ADAS with ranges beyond 200 meters. The driver chips are ISO 26262 functional safety-compliant, offer built-in diagnostics, and support efficient power control in battery management systems. TI is demonstrating these products at CES and discussing semiconductor innovations for the EV market.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 2:22 pm

XPER

DTS, Inc., a subsidiary of Xperi Inc. (NYSE:XPER), announced at CES 2024 the expansion of DTS AutoStage and HD Radio into more OEM vehicle models, including BMW, Ford, and Harley Davidson. DTS AutoStage, a global entertainment platform for connected cars, will soon include gaming capabilities. A consumer survey by Xperi and DTS found a demand for integrated in-vehicle entertainment beyond smartphone mirroring. BMW has rolled out DTS AutoStage Video Service Powered by TiVo in its 5-Series and will expand to other models and the new MINI family in 2024. Ford is incorporating DTS AutoStage in the 2024 Lincoln Nautilus, and Harley Davidson has adopted HD Radio. Xperi showcases these technologies at CES 2024.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 2:21 pm

XPER

At CES 2024, Xperi Inc. announced a new OEM partnership for smart TVs with its Powered by TiVo platform, expanded its relationship with BMW for the DTS AutoStage Video Service, and added new content partners globally. Xperi's TiVo OS for smart TVs and DTS AutoStage for connected cars aim to enhance the entertainment experience with personalization and machine learning. Smart TVs with TiVo OS are rolling out in Europe through partners like Vestel, Argos, Konka, and Sharp. The DTS AutoStage Video Service is being deployed in various BMW models across multiple countries, offering premium content in vehicles.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 2:20 pm

SNES

SenesTech, Inc. has announced a partnership with a global leader in irrigation solutions to expand its Evolve soft bait fertility control solution into open field agriculture, starting with a California dairy and almond grower. Evolve aims to control rodent populations by reducing fertility rather than relying on poisons, which are restricted in California. This expansion into agriculture represents a significant market opportunity for SenesTech, as rodents destroy nearly 20% of the world's stored food supply.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 2:19 pm

CART

Instacart (NASDAQ:CART) has announced the expansion of its advertising solutions to include ads on its AI-powered Caper Carts. The initiative will pilot at Good Food Holdings' Bristol Farms stores in Southern California, with plans to deploy thousands of Caper Carts by the end of 2024. Launch partners include Del Monte Foods, Dreyer's Grand Ice Cream, and General Mills, offering personalized ads and product recommendations. This move is part of Instacart's strategic evolution to support retailers and brands both online and in-store, and it builds on the company's Carrot Ads technology.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 2:18 pm

BTCUSD

Mercari, a Japanese e-commerce platform, will accept Bitcoin payments starting June 2024 through its subsidiary Melcoin, with sellers receiving Japanese yen. Mercari has grown significantly since 2013 and is expanding its cryptocurrency services. Próspera, a Honduran economic zone, now recognizes Bitcoin as a unit of account, promoting financial freedom. These moves indicate a growing trend of Bitcoin integration into mainstream commerce and finance.

Portfolio Pulse from Murtuza Merchant

January 08, 2024 | 2:10 pm

ADN

Advent Technologies Holdings, Inc. (ADN) has received approximately $1.83 million in funding from the Danish Energy Technology Development and Demonstration Program for a project on advanced fuel cell power converters. The project, involving a consortium including Aalborg University and other partners, aims to develop a modular DC-DC power converter for Advent's next-generation High-Temperature Proton Exchange Membrane fuel cell applications. The technology, which is expected to extend fuel cell lifetimes and double power density, is part of the EU-approved Green HiPo project in Greece.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 2:08 pm

VEV

Vicinity Motor Corp. (NASDAQ:VEV) has entered into a distribution agreement with Shift EV Trucks to open Vicinity Trucks West Toronto, a dealership dedicated to Vicinity's commercial electric vehicles. Shift EV Trucks, an established dealership since 2013, will now offer Vicinity's VMC 1200 trucks in West Toronto, aiming to expand into the commercial EV market. The partnership is expected to capitalize on the growing demand for commercial EVs, driven by lower ownership costs, regulatory support, and government incentives.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 2:07 pm

JBLU

JetBlue has extended its commercial agreement with FLYR to enhance the airline's revenue optimization capabilities through decision intelligence and deep learning technology.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 2:06 pm

PULM

Pulmatrix has halted patient enrollment and is closing its Phase 2B study of PUR1900, in agreement with partner Cipla. Cipla will now take full responsibility for PUR1900's development, targeting markets with high unmet need and a quicker approval process, and will pay Pulmatrix a 2% royalty on net sales. Pulmatrix aims to reduce cash burn and explore strategic alternatives, leveraging its pipeline, iSPERSE™ technology, and its cash reserves of approximately $19 million as of the end of 2023.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 2:04 pm