Streetbeat News

Partnerships

AAPL

NVDA

TSM

Taiwan Semiconductor Manufacturing Co (TSMC) is in talks with Arizona authorities to increase advanced chip packaging capacity at its plants in the state. This comes as packaging becomes a bottleneck in semiconductor production, particularly for high-demand products like Nvidia Corp's AI accelerators. TSMC's commitment to Arizona includes two fabs and a $40 billion investment, with plans to produce more advanced 4-nm chips at the Arizona facility. The company's decision also highlights its strategic partnership with major customers like Apple Inc.

Portfolio Pulse from Anusuya Lahiri

September 19, 2023 | 12:41 pm

ASTS

NOK

T

VOD

AST SpaceMobile (NASDAQ:ASTS) has successfully achieved space-based 5G cellular broadband connectivity from everyday smartphones. This was accomplished using the BlueWalker 3 test satellite in collaboration with partners Vodafone, AT&T, and Nokia. The company plans to launch the first five commercial satellites in Q1 2024. AST SpaceMobile has agreements with more than 40 mobile network operators globally, which have approximately 2.4 billion existing subscribers total.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 12:38 pm

ICCT

iCoreConnect has announced a new endorsement partnership with the Rhode Island Dental Association, marking its expansion into new states.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 12:36 pm

ARCT

Arcturus Therapeutics Holdings Inc. (NASDAQ:ARCT) has announced the results of a phase 1/2 study showing that a booster dose of a novel, self-amplifying messenger RNA (sa-mRNA) vaccine against COVID-19 induces a robust, broadly cross-reactive, and durable immune response in adults that remains elevated through 12 months after vaccination. The study used three sa-mRNA vaccines and was presented at the European Scientific Working Group on Influenza's 9th ESWI Influenza Conference in Valencia, Spain. Arcturus collaborated with CSL Seqirus, CSL's vaccine business, for the development of these vaccines.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 12:35 pm

RGTI

Rigetti Computing has been awarded a five-year contract by the Air Force Research Lab for quantum foundry services. The terms of the contract have not been disclosed.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 12:32 pm

ORA

Ormat Technologies (ORA) has secured a contract with Mercury New Zealand to construct and supply a new 56 MW geothermal power plant. This deal is expected to boost ORA's revenues and strengthen its position in the renewable energy market.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 12:20 pm

ABT

WW

Abbott's FreeStyle Libre 2 system, a continuous glucose monitoring system, is now integrated with the WeightWatchers app. This allows WeightWatchers Diabetes-Tailored Plan members to monitor their glucose levels and understand the impact of food and activity on their glucose levels.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 12:16 pm

UCAR

U Power Limited (NASDAQ:UCAR), a vehicle sourcing services provider, has entered into a strategic cooperation agreement with Magnify Capital Partners to establish an investment fund. The fund will provide financial support and industry guidance for U Power's future projects, including infrastructure construction for battery charging and battery swapping stations in Portugal. The agreement is for one year, and the cooperation is expected to improve U Power's industrial competitiveness and market influence.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 12:14 pm

AQMS

DFLI

Dragonfly Energy Holdings Corp. (NASDAQ:DFLI) and Aqua Metals, Inc. (NASDAQ:AQMS) have successfully manufactured a lithium-based battery cell using high-purity lithium hydroxide recovered from recycled lithium-ion batteries. This is a significant advancement for sustainable lithium-ion battery production and demonstrates a potential path towards a more circular and sustainable lithium battery manufacturing industry. The companies aim to create a closed lithium loop in Nevada, where lithium battery material sourcing, manufacturing, and recycling all happen within the state.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 12:13 pm

DMTK

DermTech, Inc. (NASDAQ:DMTK) has announced agreements with Highmark Inc. to enhance access to the DermTech Melanoma Test (DMT). The contracts are in addition to a favorable coverage policy. Highmark and its Blue-branded affiliates provide health insurance to approximately 7 million members in Pennsylvania, West Virginia, Delaware and New York. The DMT test results provide clinicians with objective and actionable genomic data for a suspicious lesion, improve patient care and reduce healthcare costs.

Portfolio Pulse from Benzinga Newsdesk

September 19, 2023 | 12:11 pm