Streetbeat News

Partnerships

VERI

Veritone shares are trading higher after the company announced its media and entertainment solutions are available in the AWS marketplace.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 2:23 pm

BKYI

BIO-key International, Inc. (NASDAQ:BKYI) has listed its PortalGuard IDaaS platform on the AWS Marketplace to expand its global reach. Despite this strategic move, the company reported a decline in Q2 revenues to $1.14 million from $1.9 million year-over-year, missing the consensus of $1.95 million. The revenue drop was attributed to delayed software license fees and reduced project-related services revenue. However, the net loss improved to $1.7 million from $2.6 million, and gross profit rose significantly. The company expects to benefit from stringent regulatory standards and cyber insurance requirements.

Portfolio Pulse from Akanksha Bakshi

August 15, 2024 | 2:19 pm

UIS

Unisys has been selected by MAB Kargo, the air cargo division of Malaysia Aviation Group, to enhance operational efficiency, capacity utilization, and service delivery through a logistics optimization solution.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 2:06 pm

GRNQ

Greenpro Capital's GreenX has signed an MOU with Singapore's InvestaX to provide secondary trading opportunities for security tokens and other digital assets. The collaboration will also focus on cross-marketing for primary listing opportunities.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 2:03 pm

HII

HII's Mission Technologies division has been awarded a $30 million task order to support the U.S. Air Force's sustainment of special-purpose aircraft for VIP transportation. The contract will involve enhancing the reliability and supportability of various aircraft, including Air Force One and other executive aircraft.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 2:00 pm

ASTS

AST SpaceMobile Inc (NASDAQ:ASTS) reported a Q2 loss, missing analyst estimates. Despite this, the company received a $100 million investment from Verizon and has significant liquidity. Analysts from B. Riley Securities and UBS raised their price targets for ASTS.

Portfolio Pulse from Avi Kapoor

August 15, 2024 | 1:22 pm

FROG

JFrog has been added to the Department of Defense Enterprise Software Initiative's DevSecOps Agency Catalog, allowing defense organizations to integrate JFrog's software supply chain platform into U.S. government IT modernization efforts.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 1:15 pm

AIRJ

Montana Technologies Corporation (NASDAQ:AIRJ) has signed a Memorandum of Understanding with TenX Investment to deploy its AirJoule technology in the UAE, focusing on water security and energy efficiency.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 1:11 pm

ORA

Ormat Technologies, Inc. (NYSE: ORA) has signed its first tolling agreements in Texas for two 60MW/120MWh energy storage facilities. These agreements secure seven years of fixed revenues and support the construction of a new 100MW/200MWh project, with all projects expected to be operational by the end of 2026.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 1:10 pm

ACHR

Archer Aviation has delivered its first Midnight aircraft to the U.S. Air Force for evaluation under the AFWERX Agility Prime contract, which is valued at up to $142 million. The delivery follows the U.S. Department of Defense's acceptance of the aircraft's military airworthiness assessment.

Portfolio Pulse from Benzinga Newsdesk

August 15, 2024 | 1:07 pm