Streetbeat News

Partnerships

BKR

CVX

Baker Hughes (NASDAQ:BKR) has entered into a 20-year agreement with Chevron Australia to provide its Aptara Subsea production systems for future offshore developments. The agreement emphasizes Australian Industry Participation and aims to drive down costs and boost efficiency in energy projects. Baker Hughes will consolidate regional deliveries of its 7" Aptara Subsea Production systems, which are designed to minimize complexities and enhance project returns.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 1:12 pm

CRL

Charles River Laboratories International, Inc. (NYSE:CRL) has finalized an agreement with CELLphenomics to expand its 3D in vitro testing services for cancer therapy drug screening. CELLphenomics' PD3D® tumor model platform will enhance Charles River's offerings, providing clients access to over 500 complex in vitro models from more than 20 tumor entities. The partnership will also allow CELLphenomics to utilize Charles River's database of over 700 tumor models for developing PD3D models, increasing the translational relevance of both companies' platforms.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 1:12 pm

PRSO

Peraso Inc. (NASDAQ: PRSO) has announced a new customer partnership for its X130 chipset, signaling growth and expansion into high-volume consumer markets. The X130 chipset, featuring the PRS1145 and PRS4601 ICs, will be used for wireless video distribution, replacing the customer's existing solution. It supports high bandwidth and low latency applications, avoiding Wi-Fi congestion by using mmWave technology. The X130 is designed for applications like wireless AR/VR, displays, docking, and cloud access, and includes advanced features such as beamforming, beam tracking, and AES security.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 1:03 pm

PSTV

Plus Therapeutics has entered into a partnership with K2bio to develop new tests for analyzing tumor cells and molecular biomarkers in cerebrospinal fluid (CSF). This collaboration aims to advance the diagnosis and monitoring of central nervous system (CNS) cancers. The partnership could potentially lead to more effective treatments and improved patient outcomes by enabling better detection and understanding of CNS malignancies.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 1:02 pm

STRM

Streamline Health Solutions has broadened its existing agreement with a five-hospital health system in Pennsylvania, integrating eValuator's Pro-Fee pre-bill coding analysis technology to enhance revenue integrity and financial performance for professional fee services.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 12:35 pm

DASH

PAR

PAR Technology has formed a partnership with DoorDash to integrate DoorDash with PAR's Brink POS and MENU Link, enhancing the omnichannel ordering experience.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 12:35 pm

ORA

Ormat Technologies, Inc. has entered into a 15-year energy storage service agreement with San Diego Community Power for the Pomona 2 Energy Storage Facility. The financial terms of the deal were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 12:33 pm

AMST

Amesite Inc. (NASDAQ:AMST), an AI software company, has announced a five-year strategic partnership with West Virginia Northern Community College to expand workforce development. This collaboration aims to leverage Amesite's cloud-based learning platform to enhance educational offerings.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 12:32 pm

BMY

SystImmune and Bristol Myers Squibb have entered into a collaboration agreement for the development of BL-B01D1. Bristol Myers Squibb will pay SystImmune an $800M upfront fee and up to $500M in near-term contingent payments. Additionally, SystImmune could receive up to $7.1B based on future milestones.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 12:23 pm

KULR

PRZO

ParaZero has formed a strategic partnership with KULR Technology to apply KULR's advanced vibration reduction technology, 'KULR VIBE,' to enhance safety across helicopter and rotorcraft fleets by leveraging ParaZero's defense industry network.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 12:20 pm