Streetbeat News

Partnerships

OTRK

Ontrak, Inc. has been informed by a health plan customer that they will cease using the company's services after February 2024. This customer accounted for 32% of Ontrak's revenue for the first half of 2023. However, Ontrak does not anticipate a significant negative impact on its revenue due to this decision. The company has four active prospects, including one existing customer considering expanding utilization of their services.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 12:14 pm

SQ

Square Inc (NASDAQ:SQ) has announced a partnership with Jane Technologies, an online ordering service for cannabis dispensaries, to develop commerce solutions for the growing recreational cannabis industry in Canada. The move is part of Square's strategy to solve sellers' pain points and navigate the complex regulatory landscape of the cannabis industry. The company is also considering expansion into more provinces in Canada and exploring ways to offer sellers more products at competitive price points. The partnership with Jane Technologies is seen as a significant opportunity to create better business solutions for the recreational cannabis industry in Canada.

Portfolio Pulse from Javier Hasse

October 16, 2023 | 12:13 pm

MTEK

Maris-Tech Ltd. (NASDAQ:MTEK) has announced plans to expand its commercial activity in the U.S. defense market. The company has appointed industry veteran Adam Emanuel to its advisory board and will partner with Altagrove LLC to promote its AI-accelerated video solutions for integration on unmanned platforms. The company's products are meeting and exceeding the requirements of North American manufacturers and defense contractors.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 12:12 pm

JKHY

MDT and Jack Henry & Associates (JKHY) have extended their longstanding partnership. The collaboration aims to continue empowering credit unions with modern digital technology and services.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 12:11 pm

MIR

Mirion Technologies (NYSE:MIR) has announced its contribution to NASA's Psyche mission, providing a high-purity germanium (HPGe) gamma-ray detection component. The detector will be used to explore the asteroid Psyche, believed to be composed primarily of metallic iron and nickel. The gamma-ray detector will enable precise measurements of gamma radiation emanating from the asteroid, contributing to the scientific objectives of the mission. Mirion's HPGe detectors also have significant applications on Earth, including in nuclear physics, environmental monitoring, and research applications.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 12:11 pm

AAPL

GS

Apple Inc.'s shares fell in Monday's premarket due to two concerning reports. One report indicated slower sales for the iPhone 15 compared to the iPhone 14, due to competition from Huawei. Another report suggested that Goldman Sachs may withdraw from its consumer finance partnership with Apple, which could impact Apple's ambitions in the consumer finance sector.

Portfolio Pulse from Shanthi Rexaline

October 16, 2023 | 12:05 pm

FDOC

MDGS

Medigus Ltd. (NASDAQ:MDGS) announced that Revoltz Ltd., partially owned by Fuel Doctor Holdings, Inc. (OTC:FDOC), has entered an exclusive distribution agreement in the US for its advanced micro-mobility EVs with a leading distributor in the homeland security and law enforcement sector. The distributor committed to purchase a minimum of 500 units of PORTO, Revoltz's micro-mobility vehicles, in the coming year.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 11:58 am

AMRC

Ameresco, Inc. (NYSE:AMRC) has announced a large-scale energy efficiency project with Schaeffler Aerospace Canada Inc. The project, which began in April 2023, involves the installation of a new high efficiency chiller & boiler system to serve new air handling units at Schaeffler's Stratford, Ontario plant site. The project will also update the existing Building Automation System to integrate control of all of the new High-Efficiency Heating, Ventilation and Air Conditioning (HVAC) System HVAC equipment.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 11:52 am

JNPR

The North American Network Operators' Group (NANOG) has announced a partnership with Juniper Networks, making Juniper the official provider of routing solutions for NANOG's annual conferences.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 11:49 am

VIEW

View, a smart window company, has secured a $50M financing in the form of a senior secured credit facility from an investor consortium comprised of Cantor Fitzgerald, RXR, Anson, and Affinius.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 11:41 am