Streetbeat News

Partnerships

AVAV

UAVS

UPS

VISL

The Federal Aviation Administration (FAA) has granted approval to several drone operators, including Zipline, UPS subsidiary Flight Forward, uAvionix, and Phoenix Air Unmanned, to fly drones beyond the visual line of sight. This is a significant milestone for the U.S. drone industry and will pave the way for other companies to receive streamlined approvals in the future. The new regulations will increase the accessibility and scalability of drone operations in the U.S., allowing for more efficient delivery of goods and services.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 2:27 pm

SQ

Square, owned by Block Inc (NYSE:SQ), has partnered with Jane Technologies to serve cannabis sellers in Canada. Jane's platform allows cannabis dispensaries processing with Square to supplement their physical business with an online store. Square also announced an Early Access Program for licensed cannabis dispensaries in Ontario to test the Square for Retail point of sale (POS) solution.

Portfolio Pulse from Jelena Martinovic

September 20, 2023 | 2:21 pm

ERJ

The Austrian Ministry of Defense has chosen the C-390 Millennium aircraft, produced by Embraer (NYSE:ERJ), as its new tactical transport solution. This makes Austria the latest country to join Brazil, Portugal, Hungary, and the Netherlands as future operators of the C-390 Millennium multi-mission platform.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 1:55 pm

AZ

A2Z Smart Technologies Corp. (NASDAQ:AZ) has finalized an agreement with IR2S to supply 30,000 smart carts to major retailers across France between 2023 and 2026. The first delivery is expected within 45 days to Monoprix's Monop Malakoff store. The smart carts, equipped with AI and RFID capabilities, aim to enhance the shopping experience and boost customer satisfaction, increase basket size, reduce shrinkage, monetize retail media and streamline shopper checkout.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 1:51 pm

CLIR

SOCGP

ClearSign Technologies (NASDAQ:CLIR) has secured collaboration and additional funding from Southern California Gas Co. (OTC:SOCGP) for its 100% Hydrogen Ultra Low NOx burner project. The project aims to develop ultra-low NOx hydrogen burner technology, enabling hydrogen fuel for industrial heating while reducing carbon dioxide and nitrogen oxide emissions. CLIR shares are trading higher by 3.04% at $1.2880.

Portfolio Pulse from Akanksha Bakshi

September 20, 2023 | 1:49 pm

AHI

SCR.FP

Advanced Health Intelligence Ltd (AHI) has signed a Letter of Intent (LOI) with UK-based Unisure Group and SCOR to develop and deploy a digital underwriting solution using AHI's Biometric Health Assessment. The collaboration aims to create innovative insurance offerings by leveraging AHI's technology with SCOR's reinsurance knowledge. The solution will digitally assess the health risk of at least 5,000 individuals for insurance requirements. AHI anticipates revenue generation from this agreement upon the initial deployment of the solution.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 1:43 pm

XOM

Exxon Mobil is lobbying the Biden administration to allow hydrogen made from natural gas to qualify for subsidies under the new climate legislation. The company believes it can produce hydrogen without significant carbon dioxide emissions, making it as environmentally friendly as hydrogen from water and green energy. Exxon's lobbying efforts include key decision makers in Washington, including Secretary of Energy Jennifer Granholm and White House Climate Advisor Ali Zaidi.

Portfolio Pulse from Nabaparna Bhattacharya

September 20, 2023 | 1:41 pm

AMZN

PINS

Pinterest (PINS) stock traded higher after executives announced anticipated accelerated year-over-year revenue growth following a slowdown in 2022 and 2023. The company projected a compound annual growth rate in the mid to high teens over the next three to five years. Pinterest also expects its adjusted margin for earnings before interest, taxes, depreciation, and amortization to reach a percentage in the low 30s within the next three to five years. The company's focus has shifted towards collaborating more effectively with retailers, including an advertising partnership with Amazon (AMZN).

Portfolio Pulse from Anusuya Lahiri

September 20, 2023 | 1:33 pm

MYSZ

Portugal-based jeans brand, Salsa Jeans, is leveraging MySize's Naiz Fit Smart Catalogue to improve fit and size merchandising. The Smart Catalogue uses AI to solve size problems at the design phase.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 1:16 pm

BERY

Berry Global has partnered with ACCIONA Energía to power its Mexico operations with 100% renewable electricity. This agreement will provide cost savings and significantly reduce Berry's operational impact.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 1:15 pm