Streetbeat News

Partnerships

SATL

Tata Advanced Systems (TASL) has signed a strategic contract with Satellogic to build LEO satellites in India. The partnership includes training, knowledge transfer, and local assembly of optical sub-meter resolution EO satellites. TASL will set up an Assembly, Integration, and Testing (AIT) facility in India and co-develop a satellite design with Satellogic.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 1:12 pm

ICCM

IceCure Medical Ltd. (NASDAQ:ICCM) announced that its ProSense® System, a minimally-invasive cryoablation technology for tumor destruction, has received updated regulatory approval from the Central Drugs Standard Control Organization in India. This approval is in line with new regulations and adds to existing approvals for various surgical and oncological uses. ProSense® is distributed in India by Novomed and was first used for breast cancer cryoablation in June 2023. IceCure presented ProSense® at the Breast Imaging Society of India's conference, indicating a focus on expanding its market presence in India.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 1:12 pm

HPE

Hewlett Packard Enterprise (HPE) has announced that Korea Telecom (KT) has chosen HPE's Aruba Networking EdgeConnect SD-WAN platform to integrate with AWS Cloud WAN. This partnership enables KT to offer its customers improved global connectivity with faster, more efficient, and cost-effective services compared to traditional MPLS networks. The collaboration with HPE will allow KT to provide a globally-managed SD-WAN service, enhancing performance optimization and operational capabilities for various enterprise locations and remote workers. HPE Aruba Networking was also recognized as a Leader in the 2023 Gartner Magic Quadrant for SD-WAN for the sixth consecutive year.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 1:10 pm

JFBR

Jeffs' Brands' Board of Directors has announced that they will explore and evaluate potential strategic transactions. These may include further investments in innovative companies, acquisitions, or forming strategic partnerships.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 1:08 pm

KPLT

Katapult Holdings has integrated its lease-to-own payment solution into the checkout flow of Grown Brilliance, enabling consumers to purchase lab-grown diamonds from the Grown Brilliance website through a flexible payment option.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 1:05 pm

SPEC

Spectaire Holdings Inc. (NASDAQ:SPEC), a company specializing in air quality monitoring and emissions reduction services, has announced the shipment of its first commercial units. These units were produced in collaboration with manufacturing partner Columbia Tech, a subsidiary of Coghlin Companies. This marks a significant milestone for Spectaire as it transitions from development to commercial operations.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 1:02 pm

AMZN

NVDA

Amazon Web Services (AWS) has announced new generative AI features for Amazon Connect, its cloud-based contact center service. These features, powered by Amazon Bedrock, are designed to improve customer service and reduce operational costs. Key updates include AI-generated responses for agents, call summaries, sentiment analysis, policy compliance checks, and unified customer profiles. AWS has also expanded omnichannel capabilities with two-way SMS and in-app voice calling with video support. AWS CEO Adam Selipsky highlighted AWS's AI advancements at AWS re:Invent 2023, mentioning the Bedrock platform's global client base, the new Trainium 2 chip, and the Graviton 4 chip. AWS is also collaborating with Nvidia Corp to enhance AI model training. Amazon's stock (AMZN) saw a slight increase in premarket trading.

Portfolio Pulse from Anusuya Lahiri

November 29, 2023 | 12:38 pm

JYD

Jayud has entered into a strategic partnership with Shandong Oranda Logistics to enhance its business operations. The partnership is expected to leverage the strengths of both companies to improve logistics services. No financial details of the partnership were disclosed.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 12:31 pm

IE

Ivanhoe Electric Inc. (NYSE:IE) and Saudi Arabian Mining Company Ma'aden have initiated joint venture exploration activities in Saudi Arabia. The 50/50 joint venture aims to explore approximately 48,500 km2 of land on the Arabian Shield, provided by Ma'aden, to tap into the region's significant mineral potential.

Portfolio Pulse from Charles Gross

November 29, 2023 | 12:20 pm

KZIA

Kazia Therapeutics has signed a non-binding letter of intent to develop and commercialize its pharmaceutical product containing Paxalisib for uses beyond oncology. This move could potentially open new markets and applications for the drug, which is currently focused on treating brain cancer. The details of the agreement, including financial terms and specific non-oncology applications, have not been disclosed.

Portfolio Pulse from Benzinga Newsdesk

November 29, 2023 | 12:06 pm