Streetbeat News

Partnerships

RKLB

Rocket Lab USA, Inc. (NASDAQ:RKLB) shares are trading higher in the premarket session following the announcement of a significant ten-launch agreement with Japanese Earth observation company Synspective. This deal, the largest in Rocket Lab's history, was unveiled in Tokyo and includes 10 dedicated launches planned for 2025-2027.

Portfolio Pulse from Nabaparna Bhattacharya

June 18, 2024 | 10:15 am

SQNS

Sequans Communications has announced a non-exclusive manufacturing licensing agreement for its Monarch 2 LTE-M/NB-IoT platform. The deal includes an initial payment of $15 million and potential for additional revenue in the future.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 10:05 am

KBR

KBR has secured a $46 million contract to support the Iraqi Government's infrastructure and future energy projects. The five-year contract involves providing advisory and consultancy services to the Ministry of Planning.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 10:02 am

ASNS

AWIN

CHGG

MBIO

NLSP

QMCO

Chegg, Inc. (NYSE:CHGG) shares surged 20.7% in pre-market trading following the announcement of a restructuring plan, including a 23% headcount reduction and a focus on international programs. Other notable pre-market movers include Actelis Networks, Inc. (NASDAQ:ASNS) up 112.2%, NLS Pharmaceutics AG (NASDAQ:NLSP) up 62.8%, and Mustang Bio, Inc. (NASDAQ:MBIO) up 46.7%. On the losing side, AERWINS Technologies Inc. (NASDAQ:AWIN) fell 48.8% and Quantum Corporation (NASDAQ:QMCO) dropped 38%.

Portfolio Pulse from Avi Kapoor

June 18, 2024 | 9:28 am

HTHIY

JCI

Hitachi is planning to sell its 40% stake in an air-conditioning joint venture with Johnson Controls.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 9:28 am

RKLB

Rocket Lab has signed a 10-launch deal with Japanese firm Synspective in Tokyo. This agreement is expected to enhance Rocket Lab's market position and revenue stream.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 8:49 am

J

Jacobs Engineering Group has secured a contract to engineer Singapore's futuristic Kranji Water Reclamation Plant.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 8:40 am

ALVO

Alvotech has signed a commercialization agreement with Advanz Pharma for its proposed biosimilar to Eylea in Europe. Advanz Pharma will handle market registration, commercialization, and patient access in Europe.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 8:09 am

IBM

Telefónica Tech and IBM have entered a partnership to develop AI, analytics, and data management solutions for enterprises. This collaboration aims to leverage IBM's technology to enhance Telefónica Tech's offerings.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 8:05 am

CMBM

Cambium Networks has announced a partnership to deploy a nationwide 'Connected Campus' Wi-Fi network in Morocco. This initiative aims to enhance connectivity across educational institutions in the country.

Portfolio Pulse from Benzinga Newsdesk

June 18, 2024 | 8:04 am