Streetbeat News

Partnerships

EVEX

Eve Air Mobility (NYSE: EVEX) extends its partnership with Widerøe Zero, aiming to launch eVTOL operations in Scandinavia with up to 50 aircraft. The agreement includes a service and operation solutions package and the implementation of Eve's Urban Air Traffic Management software.

Portfolio Pulse from Charles Gross

June 20, 2023 | 10:31 am

CPRX

Catalyst Pharma has entered into an exclusive licensing agreement with Santhera Pharmaceuticals for its Duchenne Muscular Dystrophy (DMD) candidate, Vamorolone. Catalyst will pay $75 million upfront and make a concurrent equity investment of $15 million.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2023 | 10:06 am

LMT

Lockheed Martin, Korea Aerospace Industries, and Red 6 have started initial augmented reality integration work for the T-50 platform. This collaboration aims to enhance pilot training and improve aircraft performance.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2023 | 10:05 am

STLA

Stellantis and Foxconn have formed a 50/50 joint venture, SiliconAuto, to develop chips for the automotive industry, starting in 2026. The partnership will provide semiconductors for computer-controlled features and modules, particularly for electric vehicles, and support STLA Brain, Stellantis' new electrical/electronic and software architecture.

Portfolio Pulse from Shivani Kumaresan

June 20, 2023 | 9:46 am

BA

Boeing and Air Algérie have confirmed an order for eight fuel-efficient 737-9 jets at the Paris Air Show. Air Algérie also signed an MoU for two 737-800 Boeing Converted Freighters to meet increasing cargo demand in the region.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2023 | 9:43 am

INDA

TSLA

India's Prime Minister Narendra Modi is scheduled to meet Tesla CEO Elon Musk during Modi's visit to New York.

Portfolio Pulse from Charles Gross

June 20, 2023 | 8:50 am

GOOG

GOOGL

INDA

Google is reportedly looking for suppliers in India to assemble its Pixel smartphones, following a similar strategy to Apple's India playbook. This move could potentially reduce production costs and increase market share in the country.

Portfolio Pulse from Charles Gross

June 20, 2023 | 8:46 am

INFY

Infosys has collaborated with ATP to launch a digital Carbon Tracker within the ATP PlayerZone app, aimed at making tennis more environmentally responsible by enabling players to track and offset their carbon emissions during travel.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2023 | 8:42 am

BA

RTX

Japan Airlines (JAL) will use Collins Aerospace's Ascentia maintenance performance monitoring solution on its Boeing 787 fleet. Collins Aerospace is an RTX business.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2023 | 7:46 am

RTX

Pratt & Whitney, a subsidiary of RTX, has partnered with Indian start-up Awiros to launch Percept, an AI-based aircraft engine inspection tool.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2023 | 7:45 am