Streetbeat News

Partnerships

VHC

VirnetX (VHC) and ObjectSecurity have formed a technology alliance partnership to provide secure cyber vulnerability analysis in private cloud environments. The partnership aims to enhance security and reduce cyber risks for clients.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2023 | 1:27 pm

VUZI

Vuzix Corporation (NASDAQ:VUZI) has received a follow-on OEM purchase order for engineering services and products from a major US-based defense customer. The order is for Phase 2 development of components for a lightweight heads-up display (HUD) and brings the total contract value closer to a mid-six-figure level.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2023 | 1:26 pm

WKEY

WISeKey and FOSSA Systems have successfully launched new WISeSat-ready satellites with SpaceX Falcon 9 on the Transporter-8 mission. This collaboration aims to provide secure IoT connectivity and data protection for satellite communications.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2023 | 1:25 pm

CRKN

Crown Electrokinetics (NASDAQ:CRKN) has secured an $85 million project with a leading infrastructure solutions provider, marking its sixth project in a few months and building on recent momentum in its Fiber Optics division.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2023 | 1:18 pm

AMD

AVGO

MRVL

NVDA

TSM

AMD, Broadcom, Marvell, and Nvidia are major consumers of TSMC's CoWoS backend technology, with OSATs competing for potential orders if CoWoS supply falls short of demand.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2023 | 1:18 pm

INVZ

Innoviz Technologies (NASDAQ: INVZ) has signed an agreement with Drive Group, an Israeli toll road operator, to deploy its LiDAR-based Bridge Collision Detection solution on highways, tunnels, and bridges across Israel. The solution aims to reduce bridge and tunnel collisions, saving lives, preventing infrastructure damage, and mitigating traffic congestion.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2023 | 1:10 pm

BFI

OMEX

BurgerFi International Inc. (NASDAQ: BFI) announces Christopher Jones as the new CFO, effective July 10, 2023. Jones will replace current CFO Mike Rabinovitch, who will transition to Lionheart Capital as a Senior Advisor. Jones currently serves as CFO of Odyssey Marine Exploration (NASDAQ: OMEX).

Portfolio Pulse from Benzinga Newsdesk

June 13, 2023 | 1:10 pm

CDZI

Cadiz Inc. partners with Scale Microgrids to develop clean energy microgrids for water supply and pipeline projects. The collaboration aims to reduce greenhouse gas emissions and improve energy efficiency.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2023 | 1:09 pm

VVPR

VivoPower's subsidiary, Tembo, has signed a memorandum of understanding with AL TAIF, a UAE-based military MRO company. The collaboration aims to explore the distribution of Tembo EV conversion kits, R&D, training, and local assembly operations in the UAE.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2023 | 1:06 pm

ULCC

Frontier Airlines (NASDAQ:ULCC) and APiJET announced an agreement to test APiJET's Digital Winglets, a real-time flight route optimization technology for fuel and carbon savings. Frontier Airlines will be the first to field test the technology, which was initially developed by NASA.

Portfolio Pulse from Benzinga Newsdesk

June 13, 2023 | 1:04 pm