Streetbeat News

Partnerships

RTX

AirBaltic has signed a long-term EngineWise maintenance agreement with Pratt & Whitney for its GTF engine fleet. This agreement links maintenance costs to engine utilization, potentially benefiting both parties by aligning costs with actual engine use.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 12:21 pm

GRRR

Gorilla Technology Group Inc. (NASDAQ:GRRR) has entered a strategic partnership with CS Energy Technology to develop AI-powered solutions for smart and green cities in Thailand and Southeast Asia.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 12:18 pm

KMB

Schneider Electric and Kimberly-Clark have announced new Tax Credit Transfer (TCT) agreements to support grid resiliency and clean energy transition in the U.S. These agreements, facilitated by Schneider Electric, involve funding for four battery energy storage projects by Kimberly-Clark, leveraging the Inflation Reduction Act's tax credit transferability. The projects aim to advance renewable energy storage and generation, particularly in Texas.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 12:14 pm

BDTX

BHVN

VTYX

Black Diamond Therapeutics, Ventyx Biosciences, and Biohaven saw significant stock movements. Black Diamond's shares rose 54% due to positive Phase 2 data for BDTX-1535. Ventyx Biosciences announced a $27M investment from Sanofi, boosting shares by 42%. Biohaven's shares increased 26% after successful study results for Troriluzole.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 12:10 pm

AIR

AAR Corp has been awarded a $1.2 billion five-year contract by the U.S. Navy for depot maintenance and field team support of the P-8A Poseidon aircraft. This contract includes services for the U.S., Australia, and Foreign Military Sales (FMS) customers.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 12:05 pm

VTYX

Ventyx Biosciences shares rose following a $27 million investment from Sanofi, indicating positive market sentiment and potential growth opportunities for the company.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 12:02 pm

IBM

IBM has introduced a new AI foundation model for weather and climate applications, developed in collaboration with NASA and Oak Ridge National Laboratory. This model is available open-source to the scientific and business communities.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 12:02 pm

LTRY

Lottery.com Inc. (NASDAQ:LTRY) announces that Sports.com has expanded its platform and content into new Asian markets, including Malaysia and the MENA region, in partnership with Forest Interactive. This move aims to meet the growing global demand for sports entertainment.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 11:56 am

BWMN

Bowman Consulting Group Ltd. (NASDAQ:BWMN) has secured a significant contract with the Illinois Department of Transportation to manage and design a 15.6-mile corridor of I-55. This project is part of Illinois' $45 billion Rebuild Illinois infrastructure program, aiming to improve safety and reduce congestion.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 11:38 am

BCAB

CNTX

Context Therapeutics has secured global rights to develop and commercialize BioAtla's cancer therapy BA3362, a Nectin-4 x CD3 TCE. This agreement allows Context to advance its pipeline of TCE assets, while BioAtla focuses on its lead clinical CAB programs. BioAtla will receive up to $133.5 million in payments.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 11:34 am