Streetbeat News

Partnerships

ONDS

Ondas Holdings Inc. (NASDAQ:ONDS) subsidiary Airobotics is fast-tracking the development of the Iron Drone Raider, a counter-UAS system, to meet the needs of the Israeli Defense and homeland security forces. The system, which uses AI to autonomously detect and neutralize small hostile drones, is being enhanced with the support of major Israeli defense contractors. The counter-UAS market is expected to grow significantly, from $1 billion in 2023 to $4.7 billion by 2030. Airobotics recently acquired Iron Drone and received a grant from the Israel Innovation Authority to further develop the system.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 1:59 pm

GWRE

Guidewire has partnered with Swiss Re to integrate Swiss Re's proprietary data models and risk insights into the Guidewire cloud platform. This collaboration aims to reduce operational friction for customers of both companies by providing a suite of analytics products, integrations, and data transfer mechanisms. Guidewire's Analytics Manager will be used to facilitate these integrations, embedding Swiss Re's insights directly into core insurance operations.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 1:56 pm

HSCS

HeartSciences' MyoVista wavECGTM has been chosen for heart screening of the Irish Garda National Police officers. This selection could indicate a level of trust and potential for increased use in institutional settings.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 1:56 pm

LEGN

Legend Biotech has entered into an exclusive global license agreement with Novartis for CAR-T cell therapies targeting DLL3, including the candidate LB2102. Legend will receive $100M upfront and is eligible for up to $1.01B in milestone payments plus royalties. LB2102, which has received FDA Orphan Drug Designation, will be developed using Novartis's T-Charge platform. The deal is subject to regulatory approvals, including under the Hart-Scott-Rodino Act.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 1:54 pm

NVEI

Nuvei Corporation has integrated BLIK, Poland's leading mobile payment method, into its APM suite for eCommerce businesses. This addition expands Nuvei's APM offerings to 669, allowing for instant payments through mobile banking apps. BLIK is connected to 19 Polish financial institutions and has processed 2.8 billion transactions. Nuvei also offers BLIK One Click for single-click transactions after initial setup. The integration aims to provide eCommerce businesses with a comprehensive range of payment options preferred by Polish customers.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 1:53 pm

TIO

Tingo Group, Inc. (NASDAQ:TIO) announced its partnership with the All Farmers Association of Nigeria (AFAN), which has adopted Tingo Mobile's Nwassa as its exclusive marketplace platform. AFAN will promote Nwassa to its members for purchasing farming inputs, selling produce, and accessing value-added services. Tingo Mobile will lease 6 million new smartphones to AFAN members, a 63% increase in leasing customers. The first rice harvest through this partnership has begun, with plans to expand cultivation in 2024. Tingo Mobile, AFAN, and Prime Commodity Exchange (PCX) are utilizing a nationwide warehouse network under an exclusive tri-partite agreement.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 1:52 pm

LIXT

LIXTE Biotechnology Holdings, Inc. (LIXT) has reported progress in the development of its cancer therapy LB-100, with collaborations at various prestigious institutions and pharmaceutical companies. These include a Phase 1b/2 trial with GSK and MD Anderson, a trial with the Spanish Sarcoma Group, and an expanded collaboration with the Netherlands Cancer Institute and Oncode Institute. Bas van der Baan was appointed as President and CEO, and Chairman of the Board after the founder's passing. LIXTE also completed a funding round raising approximately $3.5 million in gross proceeds.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 1:51 pm

XELB

Xcel Brands, Inc. (NASDAQ:XELB) has entered into a licensing agreement with ALPHA OES to manage the day-to-day operations of its Longaberger eCommerce business. Xcel, which acquired Longaberger in 2019, aims to grow the brand through ALPHA OES's expertise in profitable eCommerce growth. Xcel will focus on expanding its social commerce and live-stream shopping technology, transitioning Longaberger stylists to its platform by year-end.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 1:37 pm

ATER

WMT

Squatty Potty, a company specializing in bathroom products, has announced that its products will be re-launched in Walmart stores across the United States. This move signifies a renewed retail partnership between Squatty Potty and Walmart, which could potentially increase the visibility and sales of Squatty Potty products due to Walmart's extensive customer base.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 1:34 pm

RPRX

TEVA

Teva Pharmaceutical Industries Ltd. and Royalty Pharma have announced a collaboration to accelerate the development of Olanzapine LAI, a long-acting injectable for schizophrenia treatment. Royalty Pharma will provide up to $125 million in R&D funding support for the program.

Portfolio Pulse from Benzinga Newsdesk

November 13, 2023 | 1:12 pm