Streetbeat News

Partnerships

CALT

Everest Medicines' partner Calliditas Therapeutics presented data from the NefIgArd Phase 3 clinical trial at the European Renal Association Congress. The trial, evaluating Nefecon in patients with IgA nephropathy, met its primary endpoint with a highly significant benefit over placebo.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2023 | 7:36 am

ESLT

Elbit Systems has received a $180 million purchase order to supply the first three Watchkeeper X tactical Unmanned Aerial Systems (UAS) to the Romanian Ministry of National Defense, as part of a framework contract worth up to $410 million.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2023 | 7:27 am

AMBA

Cipia and Ambarella have announced a new solution from their ongoing collaboration, offering automotive manufacturers higher flexibility in the location of in-cabin sensing systems and the ability to use a single camera.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2023 | 7:26 am

KTOS

Kratos Defense & Security Solutions (NASDAQ:KTOS) successfully conducted the first static test firing of the Zeus 1 solid rocket motor at Aerojet Rocketdyne's facility in Camden, Arkansas. The Zeus SRMs are designed for use in launch vehicle stages for Kratos' research, hypersonic, ballistic missile target, and other vehicles.

Portfolio Pulse from Benzinga Newsdesk

June 21, 2023 | 7:21 am

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GM

LCID

RIVN

TSLA

Lucid Group CEO Peter Rawlinson has rejected joining Tesla's North American Charging Standard (NACS), stating that the focus should be on high-voltage power charging rather than the plug. Rivian, General Motors, and Ford have adopted NACS, while Lucid emphasizes the need for a future-proofed, ultra-high voltage charging standard of 1000 volts.

Portfolio Pulse from Shanthi Rexaline

June 21, 2023 | 5:55 am

BA

Boeing has designated its aircraft produced through NASA's Sustainable Flight Demonstrator project as the X-66A, aiming to achieve net-zero aviation greenhouse gas emissions. NASA will invest $425 million over seven years, while Boeing will provide an estimated $725 million in funding.

Portfolio Pulse from Anan Ashraf

June 21, 2023 | 5:45 am

TSLA

Elon Musk met with Indian Prime Minister Narendra Modi to discuss Tesla's investment plans in India, marking a significant step in the company's entry into the South Asian market. The meeting could pave the way for Tesla's smoother entry into India, overcoming regulatory hurdles and gaining government support.

Portfolio Pulse from Benzinga Newsbot

June 21, 2023 | 2:57 am

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RIVN

TSLA

Texas mandates all state-funded EV charging stations to have Tesla's NACS and rival CCS charging standards. Rivian and Ford have adopted NACS, while Hyundai considers it. Charging equipment makers like Blink Charging, ChargePoint, Tritium DCFC, and BTC Power will add NACS connectors.

Portfolio Pulse from Anan Ashraf

June 21, 2023 | 2:57 am

PHRRF

PharmaTher Holdings has partnered with Vitruvias Therapeutics for the commercialization of its proprietary racemic ketamine products, KETARX, in the U.S. market. PharmaTher will be responsible for regulatory, manufacturing, and supply, while Vitruvias will handle marketing, sales, and distribution. PharmaTher plans to file its Abbreviated New Drug Application (ANDA) for KETARX with the FDA in early July and expects approval in Q1 2024.

Portfolio Pulse from Lara Goldstein

June 21, 2023 | 2:38 am

LILM

Lilium and UrbanV announced plans to collaborate on the development of advanced air mobility (AAM) infrastructure. The partnership aims to create a network of vertiports for Lilium's electric air taxis.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2023 | 10:03 pm