Streetbeat News

Partnerships

AWRE

Aware, Inc. (NASDAQ:AWRE) has launched a formal partner program to provide greater clarity and transparency around its products, roadmap, and pricing. The program also offers incentives for current and future partners. The move comes as the market for biometric authentication is expected to double by 2025. The program will allow technology providers to leverage biometrics to differentiate their offerings and increase revenue streams.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 1:06 pm

RTX

Raytheon Technologies (RTX) has been awarded an $80 million, four-year contract by the National Oceanic and Atmospheric Administration (NOAA) to develop and optimize the nation's water resources prediction capabilities. The project aims to create a climate-ready nation that can respond to weather, water, and climate-dependent events. Raytheon will work with the National Weather Service to innovate its Next Generation Water Model Framework, Flood Inundation Mapping, and Enterprise Hydrofabric Solution.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 1:04 pm

EWJ

MGM

MGM Resorts International (NYSE:MGM) and its joint venture partner ORIX Corporation have signed an agreement with Osaka Prefecture and Osaka City to develop the Osaka IR Project, a first-of-its-kind integrated resort in Osaka, Japan. The project aims to contribute to the sustainable growth and development of tourism and the economy of Osaka and the Kansai region.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 1:02 pm

GETY

Getty Images (NYSE:GETY) has renewed its partnership with Major League Baseball (MLB) to continue as an Official Photographic Partner. Getty Images will provide high-quality imagery from every MLB regular season game and dozens more Playoff and World Series games, exclusively on gettyimages.com. The partnership also aims to increase representation, diversity, and inclusion within the industry and the content used by the world's media, clients, partners, and licensees.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 1:00 pm

NAAS

NaaS Technology Inc. (NASDAQ:NAAS), the first U.S. listed EV charging service company in China, has won a bid for Phase I of the Anji Green and Low-carbon Supply Chain Construction Project. The project, worth RMB67.18 million, involves the installation of charging systems, battery swapping systems, PV systems, and energy storage systems. NaaS will also develop an integrated energy management platform and charging management system for the station.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 12:57 pm

ASNS

GRTS

PTON

RNAZ

Several stocks are experiencing significant pre-market trading movements. Gritstone bio, Inc. (GRTS) shares rose 37% after the company was awarded a BARDA contract for a COVID-19 vaccine study valued at up to $433 million. TransCode Therapeutics, Inc. (RNAZ) shares gained 23% after pricing its $8 million public offering. Actelis Networks, Inc. (ASNS) shares surged 22.4% after achieving Third Party Validation for FIPS cyber protection standard. Peloton Interactive, Inc. (PTON) shares climbed 12.3% after announcing a five-year deal with Lululemon Athletica Inc (LULU).

Portfolio Pulse from Lisa Levin

September 28, 2023 | 12:54 pm

ERJ

Embraer has signed a Memorandum of Understanding (MoU) with SIA Engineering Corporation to further cooperate as an Embraer Authorized Service Center. This partnership is expected to enhance Embraer's customer service capabilities.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 12:52 pm

LULU

PTON

Peloton Interactive Inc (PTON) and Lululemon Athletica Inc (LULU) have announced a five-year strategic global partnership. Under the deal, Peloton will become Lululemon's exclusive digital fitness content provider, while Lululemon will become the primary athletic apparel partner for Peloton. Co-branded apparel will be available from October 11, and Lululemon studio all-access members will gain access to Peloton classes for no additional cost from November 11. Lululemon plans to discontinue its Studio Mirror product and its digital app-only membership tier.

Portfolio Pulse from Adam Eckert

September 28, 2023 | 12:52 pm

NIO

NIO Inc (NYSE:NIO) shares are trading higher following reports of exploratory talks with Mercedes-Benz for a potential investment and technology alliance. However, the deal is reportedly facing pushback from Mercedes-Benz and is unlikely to be completed. Earlier, NIO shares traded lower after a report suggested the company was considering raising $3 billion from Middle East investors, which NIO denied.

Portfolio Pulse from Adam Eckert

September 28, 2023 | 12:50 pm

BNOX

BOLT

PTON

Bionomics (BNOX) announced positive results from the Phase 2b ATTUNE Clinical Trial of BNC210 in PTSD patients, causing a 700% surge in its stock. Peloton (PTON) shares rose by 39% after announcing a five-year strategic global partnership with Lululemon. Bolt Biotherapeutics (BOLT) received Orphan Drug Designation for BDC-1001 for the treatment of Gastric Cancers, leading to a 27% increase in its stock.

Portfolio Pulse from ryanfaloona@benzinga.com

September 28, 2023 | 12:44 pm