Streetbeat News

Partnerships

ADM

Solugen and ADM have announced a strategic partnership to meet the increasing demand for sustainable products. Solugen will build a production facility adjacent to ADM's Marshall, Minnesota, corn complex. ADM will provide dextrose as feedstock for the production of plant-based organic acids. The partnership also opens up potential for broader commercialization opportunities in fast-growing sectors.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 1:03 pm

AUVI

Applied UV has been granted new patents by the USPTO and has entered into a strategic partnership with Canon Virginia. This has led to a rise in the company's share prices.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 12:50 pm

KVHI

KVH Industries, Inc. (NASDAQ:KVHI) and Kognitive Networks Inc. have announced an exclusive, multi-year maritime agreement. KVH will integrate Kognitive's network and bandwidth management tools into its mobile communication service offerings. The new suite of tools will offer onboard network infrastructure integration and management, with features such as real-time data metering and analysis, advanced routing and channel bonding, network protection and security, and easy network and bandwidth management via a mobile application. This technology will be integrated into the KVH ONE OpenNet Program and will enhance KVH's TracNet™ and TracPhone® connectivity systems.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 12:46 pm

KULR

KULR Technology Group has announced an extension to its previously awarded contract with the United States Army. The collaboration involves the development, testing, and analysis of next generation lithium-ion battery cells incorporating KULR's battery storage platform, KULR ONE Design Solutions. The development activities, which began in April 2023, are expected to continue through 2024. KULR recently also became the sole provider of an automated cell screening effort for NASA.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 12:45 pm

FOXO

FOXO Technologies has announced plans for a new direct-to-consumer offering that combines the company's epigenetic data with artificial intelligence. The company has also secured an exclusive license with KR8.ai to power new epigenetic wellness solutions.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 12:36 pm

OTLY

VGK

Oatly Group AB (NASDAQ:OTLY) has announced a partnership with Coffee Fellows, one of Germany's largest coffee chains, to make Oatly Barista available in 275 of its locations across Germany, Austria, Belgium, Luxembourg, and the Netherlands. The move is part of Oatly's expansion into the food service sector and aims to double sales of oat drink by the end of 2024.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 12:31 pm

LLY

RDW

Redwire has announced its first spaceflight mission for its in-space pharmaceutical manufacturing platform, PIL-BOX. The platform will launch onboard SpaceX's 29th cargo resupply services mission for NASA to the ISS. Eli Lilly is partnering with Redwire to conduct three experiments focused on diabetes, cardiovascular disease, and pain treatments.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 12:29 pm

ASLE

AerSale Corporation (NASDAQ:ASLE) has achieved a 50% visual advantage in low visibility operations for its AerAware Enhanced Flight Vision System (EFVS) on the Boeing B737NG aircraft. This breakthrough was achieved through a collaboration with Universal Avionics and Elbit Systems. The EFVS improves pilot situational awareness, reduces the risk of accidents, and allows for more efficient operations. Final approval by the U.S. Federal Aviation Administration (FAA) of the AerAware STC for the Boeing B737NG is pending.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 12:20 pm

ABBV

NXGL

Nexgel has signed a supply agreement with AbbVie to provide gel pads for AbbVie's Rapid Acoustic Pulse device, which is currently under investigation for its potential to improve the appearance of cellulite.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 12:15 pm

SVRE

SaverOne 2014 Ltd. (NASDAQ:SVRE) has announced a new distribution agreement with GVZ Company, based in Milan, to market, sell, install and provide local support for SaverOne's DDPS products in Europe. SaverOne has also appointed Mr. Tal Yihie as its Italian Country Partner. The company has completed a pilot project with Cemex in Spain and is in active discussions for new pilot projects in Italy.

Portfolio Pulse from Benzinga Newsdesk

October 30, 2023 | 12:13 pm