Streetbeat News

Partnerships

NWGL

Nature Wood Group Limited (NASDAQ:NWGL) has announced a strategic cooperation with the Research Institute of Wood Industry, Chinese Academy of Forestry. The partnership will focus on the research and development of biomass supramolecular and biomass carbon electrode new materials. The collaboration aims to advance biomass carbon innovation and drive the development of sustainable batteries from renewable sources worldwide.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2023 | 12:35 pm

ATIF

ATIF Holdings Limited (NASDAQ:ATIF) has announced that its subsidiary, ATIF Business Management LLC, has signed a service agreement with Genehope Holdings. Under the agreement, ATIF will provide Genehope with corporate advisory services, including equity design and valuation analysis. The partnership aims to promote Genehope's high-quality development through the capital market.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2023 | 12:34 pm

AVTX

BPTS

GWH

RAD

VAPO

Several stocks are experiencing significant pre-market trading movements. Biophytis S.A. (BPTS) shares rose 31.5% following a partnership agreement with Skyepharma for the production of Sarconeos (BIO101). Avalo Therapeutics, Inc. (AVTX) shares gained 24% after the recent sale of its assets. Vapotherm, Inc. (VAPO) shares jumped 9.8% after announcing a clinical trial presentation. ESS Tech, Inc. (GWH) shares climbed 7.2% after Honeywell (HON) reported a strategic collaboration with the company. On the other hand, Rite Aid Corporation (RAD) shares fell 13.7% amid reports of potential bankruptcy.

Portfolio Pulse from Lisa Levin

September 25, 2023 | 12:31 pm

BPTS

Biophytis and Skyepharma have signed a partnership agreement for the production of regulatory batches of Sarconeos (BIO101), a treatment for severe forms of Covid-19. This has led to an increase in Biophytis' share price.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2023 | 12:17 pm

CXW

CoreCivic has signed a new management contract with Hinds County, Mississippi. The initial contract term is for two years, with the possibility of an extension for an additional year upon mutual agreement. Financial terms of the deal were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2023 | 12:05 pm

JOBY

Joby Aviation, Inc. (NYSE:JOBY) has delivered its first electric vertical take-off and landing (eVTOL) aircraft to Edwards Air Force Base, six months ahead of the expected 2024 delivery date. The delivery is part of Joby's $131 million contract with the Department of Defense (DOD). The aircraft will be used for logistics missions, including cargo and passenger transportation. Joby's work with the DOD represents a total potential contract value of $163 million. A second aircraft is planned to be delivered in early 2024.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2023 | 12:04 pm

GRRR

Gorilla Technology has entered into a strategic partnership with InfoSec Global to drive innovation in cybersecurity and cryptographic-agility. InfoSec Global helps clients establish the foundation of zero trust security through cryptographic agility management solutions.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2023 | 12:03 pm

UCAR

U Power Limited (NASDAQ:UCAR), a vehicle sourcing services provider, has entered into a strategic cooperation agreement with Zhongneng Lithium Battery Technology Taizhou Co., Ltd. The partnership aims to explore new markets, expand market share, and enhance brand influence and competitiveness. They plan to cooperate in energy storage, battery charging and swapping, and other related industries, including the establishment of an energy storage technology research institute.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2023 | 12:03 pm

JKS

JinkoSolar (NYSE:JKS) has signed a Memorandum of Understanding with Failte Solar to supply 200MW of N Type Tiger Neo Modules for the Irish distribution generation market. The partnership will see the two companies cooperate in complementary fields such as products and localized services, and jointly develop the high-end distributed PV market in Ireland. JinkoSolar's modules will be distributed to installers through Failte Solar for residential and commercial solar rooftop installations.

Portfolio Pulse from Benzinga Newsdesk

September 25, 2023 | 12:02 pm

MA

MBGAF

Mercedes Benz Group AG (OTC:MBGAF) has partnered with Mastercard Inc (NYSE: MA) to introduce in-car digital payments at the point of sale. The service, which uses a fingerprint sensor for authentication, is now live with Mastercard debit and credit cards in current Mercedes-Benz models. The facility is expected to enhance the in-vehicle experience by making payments more convenient and secure.

Portfolio Pulse from Shivani Kumaresan

September 25, 2023 | 11:59 am