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Partnerships

SIDU

Sidus Space has received the first version of its flight software and ASTRA flight hardware from NASA Stennis, which has been installed on the LizzieSat satellite. This development is in preparation for the satellite's launch aboard a SpaceX rocket in Q1 2024.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 1:35 pm

GRRR

Gorilla Technology Group Inc. (Gorilla) reported strong operational and financial progress, including over $25 million in cash flow from milestone payments, top-line growth, and operational efficiencies. The company announced a $25 million registered direct offering of convertible preferred stock and partnerships with industry leaders to enhance capabilities. Gorilla introduced new AI and cybersecurity products, optimized costs, and is building a sales pipeline of over $1 billion. CEO Jay Chandan highlighted the company's transformational initiatives and the largest client win in Gorilla's history, particularly noting progress in Egypt and the aim for global market expansion. Gorilla will report full-year audited results for 2023 in the first half of 2024.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 1:34 pm

BTDR

Bitdeer Technologies Group (NASDAQ:BTDR) reported its November 2023 operations updates, highlighting an 81.5% year-over-year increase in Bitcoin mined, totaling 403 BTC for the month. The company's Gedu Datacenter provided a 3.3EH/s hash rate, mining 209 BTC. Bitdeer also announced becoming a Preferred Cloud Service Provider in the NVIDIA Partner Network and plans to launch Bitdeer AI Cloud in Q1 2024, powered by NVIDIA's DGX SuperPOD systems. The company's 175MW immersion cooling datacenter in Norway is on track for completion in 2025. Bitdeer operates in self-mining, hash rate sharing, and hosting, with a total hash rate under management of 21.1 EH/s and 220,000 mining machines under management. Despite the positive mining results, the company faced a temporary curtailment of power and increased electricity costs in Norway, leading to a 12.8% decrease in Bitcoin mined compared to October 2023.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 1:32 pm

HPCO

Hempacco's stock is trading higher following the announcement of an exclusive Master Distribution Agreement with CBDAY Global, which will sell Hempacco's hemp and CBD products exclusively in India and Thailand.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 1:22 pm

WLDS

Wearable Devices Ltd. (NASDAQ: WLDS, WLDSW), an AI-powered touchless sensing wearables company, has announced the opening of a new U.S. office in Redwood City, California, to expand its presence in North America. The Silicon Valley location will enable the company to engage more closely with the tech community and respond to the needs of North American customers. The expansion is expected to foster growth and innovation, particularly for the Mudra Band, and enhance customer service and business relations in the region.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 1:21 pm

G

Rightpoint, a subsidiary of Genpact (NYSE:G), has been granted Unreal Engine Service Partner status by Epic Games, recognizing its expertise in 3D creation tools for various industries. This status acknowledges Rightpoint's technical expertise, design capabilities, and innovation in VR and AR solutions. The company must maintain this status by completing four Unreal Engine projects annually and achieving high customer satisfaction. Rightpoint's VP of Design highlighted the Unreal Engine's capabilities in developing immersive experiences across multiple platforms.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 1:20 pm

FTCI

FTC Solar, Inc. (NASDAQ:FTCI) has established a Customer Advisory Board to enhance growth and customer experience, appointing Anthony Carroll as its Chairman. The board will provide feedback for product strategy and support business development. Carroll's extensive experience in renewables, including leadership roles at Powin and Siemens Gamesa, is expected to bring immediate value to FTC Solar and its customers.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 1:13 pm

SATL

Uzma has signed a multi-million dollar, three-year agreement with Satellogic (NASDAQ: SATL) to enhance geospatial capabilities in Southeast Asia. The collaboration will leverage an Earth Observation (EO) satellite expected to launch in the second half of 2024, which will advance the region's geospatial data acquisition and analysis.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 1:06 pm

DGX

Quest Diagnostics (NYSE:DGX) has been awarded a multi-year contract by the CDC to assess the hepatitis C virus burden in the U.S. This marks a new phase in a decade-long collaboration, where Quest will provide research consulting, laboratory testing, and data analytics services. The project involves HCV antibody and molecular RNA testing on HIPAA-de-identified 'remnant' specimens. The collaboration aims to inform public policy and improve care for individuals with hepatitis C. Quest's extensive experience in hepatitis testing and its large database of de-identified laboratory results will support this initiative.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 1:06 pm

ENPH

Enphase Energy has expanded its distribution partnership with AC Solar Warehouse in Australia, aiming to increase the availability of Enphase products in the Australian market. This move is expected to strengthen Enphase's presence in the region and potentially boost sales.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 1:03 pm