Streetbeat News

Partnerships

RPD

Rapid7 has partnered with the University of South Florida (USF) on a cyber training initiative, funded by a $1.5 million grant from the Office of Naval Research and the National Science Foundation. The initiative aims to develop new cybersecurity training methods and tools.

Portfolio Pulse from Benzinga Newsdesk

September 07, 2023 | 12:45 pm

BABA

FANG

UBER

XLE

On CNBC's 'Halftime Report Final Trades', Brian Belski of BMO Capital Markets recommended Uber Technologies, Stephen Weiss of Short Hills Capital Partners recommended Alibaba Group Holding, Joseph Terranova of Virtus Investment Partners recommended Diamondback Energy, and Liz Young of BNY Mellon Investment Management recommended Energy Select Sector SPDR Fund. Uber recently signed a deal with Hy-Vee for grocery delivery in the Midwest. Alibaba was reiterated with a Positive rating and a $160 price target by Susquehanna analyst Shyam Patil. Diamondback Energy's subsidiary, Viper Energy Partners, announced a purchase and sale deal to acquire certain mineral and royalty interests.

Portfolio Pulse from Lisa Levin

September 07, 2023 | 12:44 pm

GD

IPX

OSK

IperionX Limited has signed a Test Services Agreement with the U.S. Army Combat Capabilities Development Command Ground Vehicle Systems Center (DEVCOM GVSC) to produce high-strength titanium plate components for testing. The results may be relayed to U.S. DoD contractors, including General Dynamics Corporation, BAE Systems, Inc., American Rheinmetall Defense, Inc., and Oshkosh Corporation. IperionX aims to re-shore a fully integrated titanium supply chain to the U.S., reducing reliance on imports.

Portfolio Pulse from Happy Mohamed

September 07, 2023 | 12:43 pm

LILM

Lilium N.V. (NASDAQ:LILM) and Saint-Gobain Aerospace have announced a supplier partnership for the development, series production, and customer support of the Lilium Jet's transparencies (windows and windshields). The windows, custom-designed by Saint-Gobain, will have a lightweight construction and improved visibility enhancement. The partnership continues Lilium's strategy of working with established aerospace suppliers to support certification and scaled production.

Portfolio Pulse from Happy Mohamed

September 07, 2023 | 12:39 pm

GE

TXT

GE Aerospace has been selected by Bell Textron Inc. to work on the development of a Common Open Architecture Digital Backbone, Voice and Data Recorder, and the Health Awareness System for the Bell V-280 Valor. This is part of the U.S. Army's Future Long-Range Assault Aircraft program. The systems will be part of an open, scalable, high-speed data infrastructure that enables rapid testing, verification, and fielding of mission-focused capabilities for future vertical lift programs.

Portfolio Pulse from Happy Mohamed

September 07, 2023 | 12:38 pm

HTCR

HeartCore Enterprises, Inc. (NASDAQ:HTCR) has signed a deal with Marushin Corporation to implement its task mining software solution, CONTROLIO, into Marushin's network of digital systems. CONTROLIO captures and records all operations that users perform on their PCs and analyzes them to visualize the details of their operations. The implementation of CONTROLIO will allow Marushin to quantify and visualize the production level of each employee, maximizing the efficiency of its operations.

Portfolio Pulse from Happy Mohamed

September 07, 2023 | 12:37 pm

CETY

Clean Energy Technologies, Inc. (NASDAQ:CETY) has announced a 20-year Power Purchase Agreement (PPA) with VEPP, Inc. through its affiliate Vermont Renewable Gas, LLC (VRG). The deal, valued at $53 million, involves VRG selling all electric power and related benefits from its 2.2-megawatt biogas facility in Lyndonville, Vermont, to VEPP, Inc. CETY will design, construct, and operate the facility, which is expected to produce over 18,000 MWh of renewable electricity and 1,500 tons of BioChar annually.

Portfolio Pulse from Happy Mohamed

September 07, 2023 | 12:36 pm

ASXC

NVDA

Asensus Surgical has entered into a collaboration with NVIDIA for its Intelligent Surgical Unit, leading to a rise in Asensus's stock.

Portfolio Pulse from Benzinga Newsdesk

September 07, 2023 | 12:35 pm

LOW

TTC

Toro and Lowe's have entered into a strategic partnership, with Toro's product lineup set to be available at all Lowe's stores for the Spring 2024 selling season. The products include Toro zero-turn riding mowers, walk mowers, portable power equipment, and snow blowers in both gas and battery categories.

Portfolio Pulse from Benzinga Newsdesk

September 07, 2023 | 12:34 pm

LMT

RTX

Lockheed Martin Corporation (LMT) and RTX Corporation (RTX) joint venture, Javelin Joint Venture, has signed a MoU with Poland's state-owned Polska Grupa Zbrojeniowa (PGZ) to manufacture the Javelin anti-tank weapon system in Poland. This agreement will stabilize future production of the Javelin system for U.S. forces and provide opportunities for Polish industry. The news follows LMT's updated F-35 Technology Refresh 3 schedule projections.

Portfolio Pulse from Nabaparna Bhattacharya

September 07, 2023 | 12:11 pm