Streetbeat News

Partnerships

DTST

Data Storage Corporation (NASDAQ:DTST) has secured a multi-million dollar contract with a leading business process solutions provider. The company will provide cloud-based infrastructure and data recovery solutions to support the client's large data sets and ensure business continuity during planned maintenance or unplanned downtime.

Portfolio Pulse from Happy Mohamed

June 29, 2023 | 12:36 pm

MCO

MSFT

Moody's and Microsoft have partnered to develop enhanced risk, data, analytics, research, and collaboration solutions powered by generative AI. The next-gen solutions will be built on Microsoft Azure OpenAI Service, Microsoft Fabric, and Microsoft Teams, and will utilize Moody's proprietary data. The partnership aims to empower financial services, capital markets, and more.

Portfolio Pulse from Benzinga Newsdesk

June 29, 2023 | 12:34 pm

GSIT

GSI Technology, Inc. (NASDAQ:GSIT) has received an award from the Space Development Agency (SDA) with a potential total value of approximately $1.25 million. The award is for the development of a Next-Generation Associative Processing Unit-2 (APU2) for Enhanced Space-Based Capabilities. The U.S. Space Force is actively seeking solutions to address current limitations in processing big data needed to execute the mission objectives of the SDA.

Portfolio Pulse from Happy Mohamed

June 29, 2023 | 12:33 pm

RSLS

ReShape Lifesciences has signed a preferred partner agreement with Hive Medical for lead optimization software. This partnership is expected to enhance ReShape's product development process.

Portfolio Pulse from Bill Haddad

June 29, 2023 | 12:32 pm

GGR

INDA

The Indian State of Maharashtra and Gogoro Inc. (NASDAQ:GGR) have announced a partnership on an 'Ultra Mega Project' to manufacture and deploy smart battery infrastructure. The project, which would exceed $1.5 billion over eight years, includes more than $500 million investment in manufacturing and $1 billion in smart battery infrastructure deployment. The project is expected to generate approximately 10,000 direct and indirect jobs and is one of the largest EV investments in India's history.

Portfolio Pulse from Happy Mohamed

June 29, 2023 | 12:31 pm

DOTUSD

ETHUSD

VOD

Vodafone (NASDAQ:VOD) has announced a strategic alliance with Aventus, a Web3 enterprise solution provider, to transition into the public blockchain realm. The partnership will focus on supply chain and logistics, with the potential to reduce missing baggage at Heathrow Airport by up to 80%. Vodafone is also working to become a validator within the Aventus network. The move marks a trend of genuine enterprise adoption of blockchain technology.

Portfolio Pulse from Jose Rodrigo Safdiye

June 29, 2023 | 12:25 pm

ZJYL

Jin Medical International Ltd. (NASDAQ:ZJYL) has announced a joint venture with Shanghai Sdoma Smart Technology Co. to produce and sell electric wheelchair and mobility scooter products. The JV will be established in Shanghai with an investment of up to RMB50 million over the next three years, 60% of which will be contributed by JinMed and 40% by Sdoma. JinMed will handle design and production, while Sdoma will manage sales, brand marketing, and overall operation. The JV aims to expand product lines, market penetration, and sales channels. ResearchAndMarkets predicts the electric mobility scooter market in China will grow at a CAGR of over 8% between 2021 and 2026.

Portfolio Pulse from Happy Mohamed

June 29, 2023 | 12:19 pm

CEG

MSFT

Constellation (NASDAQ:CEG) has signed an agreement with Microsoft (NASDAQ:MSFT) to reduce the carbon footprint of one of Microsoft's data centers in Virginia. The data center will receive up to 35% in environmental attributes from nuclear power, complementing Microsoft's new wind and solar purchases. Microsoft will track its performance using Constellation's hourly carbon-free energy (CFE) matching platform, a new retail product offering that leverages software technology to help customers achieve their environmental goals.

Portfolio Pulse from Happy Mohamed

June 29, 2023 | 12:14 pm

EIGR

Eiger BioPharmaceuticals announced its decision to focus on advancing Avexitide in hyperinsulinemic hypoglycemia indications. The company will also explore strategic partnering options in late-stage virology programs and reduce its workforce by 25%.

Portfolio Pulse from Benzinga Newsdesk

June 29, 2023 | 12:11 pm

SGMO

VYGR

Sangamo Therapeutics, Inc. (NASDAQ:SGMO) and Voyager Therapeutics, Inc. (NASDAQ:VYGR) have entered into a definitive license agreement for a potential treatment of prion disease. Sangamo has developed zinc finger transcriptional regulators (ZF-TRs) which can block expression of the prion protein. Voyager has provided Sangamo with access to a capsid derived from Voyager's proprietary TRACER™ platform.

Portfolio Pulse from Benzinga Newsdesk

June 29, 2023 | 12:06 pm