Streetbeat News

Partnerships

VECO

Veeco shares are trading higher following the announcement of an agreement with IBM to explore a wet processing system for advanced packaging applications.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 1:13 pm

UPST

AMOCO Federal Credit Union has partnered with Upstart to offer personal loans to its members. This collaboration aims to leverage Upstart's AI-driven lending platform to enhance loan accessibility and efficiency for AMOCO's 106,000 members.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 1:07 pm

PPSI

Pioneer Power Solutions, Inc. (NASDAQ:PPSI) has announced a strategic collaboration with SparkCharge, Inc. to integrate Pioneer's e-Boost mobile EV charging solution with SparkCharge's mobile battery energy storage systems. This partnership aims to drive the adoption of mobile EV charging and accelerate technological advancements in the industry.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 1:07 pm

TRUP

Trupanion has partnered with the CDC and leading pet industry partners, including Boehringer Ingelheim and Mars Science & Diagnostics, to launch a Pet & Public Health Early Warning & Detection System. This collaboration aims to address emerging pet and public health threats, providing early detection benefits globally.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 1:06 pm

IBM

VECO

Veeco Instruments Inc. (NASDAQ:VECO) and IBM have entered into a joint development agreement to explore advanced packaging applications using Veeco's WaferStorm® Wet Processing System. The system will be installed at the Albany NanoTech Complex, where IBM and other partners are conducting R&D in advanced packaging and chiplet technologies.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 1:05 pm

SGD

Safe and Green Development Corp (NASDAQ:SGD) has secured a strategic investment from Arena Investors, LP and its affiliates, with an initial funding amount of $1.38M and access to subsequent tranches up to a total of $10.27M. Maxim Group LLC acted as the sole placement agent for the offering.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 1:03 pm

ZOM

Zomedica Corp. (NYSE:ZOM) has announced a strategic partnership with SIRE Veterinario, S.A. to distribute its veterinary products in Costa Rica. This move aligns with Zomedica's goal to expand into Central and South America. The partnership is expected to support local veterinarians with advanced veterinary equipment and technologies.

Portfolio Pulse from Akanksha Bakshi

August 14, 2024 | 12:57 pm

MEDIF

MediPharm Labs Corp. reported improved Q2 2024 financial results, with revenue increasing by 8% YoY to CA$10.3 million. Gross profit surged nearly 300% YoY due to cost reductions and production efficiencies. The net loss narrowed to CA$2.6 million, and adjusted EBITDA improved significantly. The company also entered into a licensing agreement with Remidose Aerosols Inc. and began delivering new high-potency medical cannabis products in Germany.

Portfolio Pulse from Jelena Martinovic

August 14, 2024 | 12:50 pm

REBN

Reborn Coffee, Inc. (NASDAQ:REBN) has announced a Master License Agreement with Shenyang Yongsheng Seven Stars Tourism Development Co. to expand into the China market, specifically in Liaoning Province. This partnership will establish Reborn Coffee's locations in Shenyang, a city with over 43 million residents.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 12:42 pm

ILAL

JNVR

Janover Inc. (Nasdaq: JNVR) has entered into a licensing agreement with International Land Alliance, Inc. (OTCQB: ILAL) to integrate its AI technology into ILAL's sales and marketing operations. This collaboration aims to enhance ILAL's capabilities and demonstrates Janover's commitment to providing advanced AI and technology infrastructure to the real estate industry.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 12:42 pm