Streetbeat News

Partnerships

CBAT

CBAK Energy Technology (NASDAQ:CBAT) has received an order worth €116.5 million for lithium-ion batteries from Viessmann Group for 2024. This brings the total order value from Viessmann in 2022 and 2023 to approximately €176.1 million.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 12:10 pm

GETR

Getaround, a car-sharing platform, has partnered with Axle to allow guests to use their own car insurance, reducing costs for both guests and car owners. This partnership aims to make car-sharing more accessible and affordable.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 12:09 pm

VBIV

VBI Vaccines announced that its 3-antigen hepatitis B vaccine, PreHevbri, is now available in the UK for adults. The vaccine will be launched through a marketing and distribution partnership with Valneva.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 12:06 pm

FBIO

Helocyte, a subsidiary of Fortress Biotech, announced that the National Cancer Institute has awarded a $3.22 million grant to City of Hope for clinical studies of Triplex, a cytomegalovirus vaccine being developed by Helocyte and City of Hope.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 12:04 pm

ACN

Accenture has invested in New York-based virtual reality company Praxis Labs, which focuses on improving equity and inclusion through immersive workplace scenarios in VR/MR. The terms of the investment were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 12:01 pm

NCNO

SimpleNexus, an nCino company, announced a new integration with Empower, Black Knight's loan origination system. The integration will allow financial institutions to share loan application data, milestone updates, and documents in real time.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 11:35 am

COIN

HSBC

SCBFY

Hong Kong's banking regulator has urged banks, including HSBC and Standard Chartered, to take on crypto exchanges as clients despite recent collapses. The regulator wants banks not to burden potential customers with due diligence, especially those setting up an office in Hong Kong.

Portfolio Pulse from Anusuya Lahiri

June 15, 2023 | 11:35 am

BABA

NVDA

Nvidia has secured over $1 billion in GPU orders from major Chinese internet companies ByteDance and Alibaba for their cloud computing businesses. The orders from ByteDance alone in 2023 might reach the total number of commercial GPUs Nvidia sold in China in 2022.

Portfolio Pulse from Anusuya Lahiri

June 15, 2023 | 11:32 am

KPRX

Kiora Pharmaceuticals and Sentrx Animal Care have amended their existing manufacturing licensing agreement for KIO-201, eliminating $4.75M in near-term milestones Kiora would have owed to Sentrx. Sentrx gains access to Kiora's patents for the combination of KIO-201 and antibiotics for veterinary use, while Kiora will receive a royalty on net sales of products covered by licensed patents.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 11:16 am

AUVI

Applied UV has retained Quantiva to integrate AI and machine learning capabilities into its PURONet and Airocide systems, aiming to enhance their performance and efficiency.

Portfolio Pulse from Benzinga Newsdesk

June 15, 2023 | 11:14 am