Streetbeat News

Partnerships

GBNY

Generations Bancorp NY, Inc. (NASDAQ:GBNY) has appointed Angela Krezmer as its new President & CEO, effective November 27, 2023. Krezmer, who has been with the company since 2021 as Chief Financial Officer, will also join the board of directors. She has been serving as interim Principal Executive Officer since October 16, 2023, following the passing of former President & CEO Menzo Case. Krezmer's experience includes roles at Prosper Bank (now Presence Bank) and Fairport Savings Bank.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 4:56 pm

SMSI

Smith Micro Software's stock is trading higher following the announcement of a multi-year agreement to supply its SafePath Digital Family Lifestyle solution to a major Tier 1 mobile network operator in Europe.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 4:56 pm

DRIO

DarioHealth Corp. shares have risen following the announcement that it has been chosen by a national employer to supply cardiometabolic and GLP-1 solutions aimed at enhancing employee health.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 4:54 pm

NOK

Nokia's stock price is trading lower following the announcement that its competitor, Ericsson, has secured a contract with AT&T.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 4:35 pm

ERIC

T

Ericsson's stock price has increased after announcing a new contract with AT&T.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 4:32 pm

RDW

Redwire Corporation (NYSE:RDW) has been selected by DARPA for the LunA-10 study to design services for a future commercial lunar ecosystem. Redwire will focus on providing critical services to lunar assets, including high-speed communications and Position, Navigation, and Timing (PNT) from cislunar space. The company will leverage its experience in space mission design, RF systems, and space structures to contribute to the study. This selection adds to Redwire's portfolio of lunar infrastructure projects, including a $12.9 million NASA Tipping Point award and providing ROSA technology for Astrobotic's LVSAT program.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 4:29 pm

SPIR

Spire Global, Inc. (SPIR) has been awarded a contract by Lacuna Space to build and operate six satellites for an IoT constellation, with potential expansion to dozens more. The satellites will enhance Lacuna's IoT network for global connectivity in various industries, including agriculture and logistics. Spire's Space Services will handle the end-to-end management of the satellites, leveraging its existing infrastructure to offer cost-effective and scalable access to space.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 4:15 pm

ACB

TLRY

Tilray Brands CEO Irwin Simon visited Israel to meet business partners and traveled to Germany in anticipation of cannabis legalization. Tilray (NASDAQ:TLRY) is well-positioned to benefit from potential German legalization, with its European headquarters in Germany. Aurora Cannabis (NASDAQ:ACB) is also among the companies likely to benefit. Despite a delay in the German legalization vote, Tilray shares rose 8.42% and an additional 0.24% after hours on Monday.

Portfolio Pulse from Nina Zdinjak

December 05, 2023 | 3:43 pm

AMZN

Amazon.com Inc (NASDAQ:AMZN) has partnered with Aerodyne, a Malaysia-based startup, to leverage Amazon Web Services (AWS) for Aerodyne's DRONOS software as a service (SaaS) platform. This collaboration targets the drone data services market, which is projected to reach $15 billion by 2030, growing at a 39% CAGR from 2023. Aerodyne, a leading drone solutions provider, operates in various industries across 45 countries. Amazon's move aligns with its strategy of integrating robotics, including drone deliveries and warehouse automation, and now adds analytics in the drone sector to its portfolio.

Portfolio Pulse from Surbhi Jain

December 05, 2023 | 3:06 pm

QTWO

Q2 Holdings, Inc. and Array have expanded their partnership to provide financial wellness solutions. Q2 will now resell Array's financial wellness solution directly to banks and credit unions, aiming to enhance the financial health of their customers.

Portfolio Pulse from Benzinga Newsdesk

December 05, 2023 | 3:04 pm