Streetbeat News

Partnerships

AUR

UBER

Aurora and Uber Freight are collaborating to democratize driverless trucks for carriers of all sizes. This initiative is part of their ongoing partnership to integrate and deploy autonomous trucks on the Uber Freight network.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 11:13 am

CORZ

Core Scientific (NASDAQ: CORZ) has secured a $1.225 billion revenue boost from CoreWeave's HPC hosting contract. The agreement involves modifying 100 MW of Core Scientific's infrastructure to host CoreWeave's NVIDIA GPUs, with operations expected to begin in the second half of 2025. This contract will enhance Core Scientific's earnings and shareholder value.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 11:12 am

DLO

KCB Bank and dLocal have entered into a strategic partnership to expand global payments, with approval from the Central Bank of Kenya.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 11:09 am

EVGN

Casterra Ag Ltd., a subsidiary of Evogene Ltd. (NASDAQ:EVGN), has received a $440K order for castor seeds from an existing customer, expanding its operations into a new African country. This order is part of a larger revenue expectation of $8.4 million for 2023 and 2024. The global biodiesel market is projected to grow significantly, and Casterra's high oil-yielding castor seeds are positioned to benefit from this trend.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 11:08 am

BRKR

Cellens is collaborating with Bruker BioAFM, a unit of Bruker, to develop clinical diagnostic tests using multi-parametric, single-cell biophysical markers and machine learning. The technology has shown high sensitivity and specificity in detecting bladder cancer from urine samples in pilot studies.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 11:06 am

KVHI

KVH Industries has announced an expanded relationship with Starlink through a bulk data distribution agreement. This agreement allows KVH to develop and sell custom airtime plans using Starlink's mobile priority service. KVH has prepaid for a large block of Starlink data at favorable rates and added Starlink Standard flat-panel terminals to its product offerings.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 11:06 am

PLUG

Plug Power has reached a milestone of 7.5 GW in global Basic Engineering and Design Package (BEDP) contracts since introducing the offer two years ago. The company recently closed a 3 GW BEDP contract with Allied Green Ammonia for an electrolyzer project in Australia and has an additional 4.5 GW of BEDP contracts in the U.S. and Europe.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 11:02 am

CALF

DXC

ECX

PSCT

DXC Technology Company (NYSE:DXC) and ECARX Holdings Inc. (NASDAQ:ECX) have announced a collaboration to enhance in-vehicle functionalities, including infotainment systems and advanced driver assistance systems. This partnership aims to streamline software-defined vehicle capabilities for automotive OEMs. DXC recently reported strong earnings, beating analyst estimates.

Portfolio Pulse from Lekha Gupta

June 25, 2024 | 10:58 am

IGT

International Game Technology (IGT) has won a competitive bidding process to provide the Ohio Lottery Commission's Video Lottery Terminal Central Monitoring System. The contract is effective through June 30, 2033, and involves the deployment of IGT's Intelligen™ system across seven racinos in Ohio.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 10:48 am

GGR

Castrol, part of the bp group, is investing $50 million in Gogoro Inc. (NASDAQ:GGR) to advance battery swapping technology for electric two-wheelers. The investment will be made in two tranches, with the first $25 million acquiring 5.72% of Gogoro's shares and the second $25 million in a convertible note. This strategic move aligns with Castrol's new diversification strategy.

Portfolio Pulse from Benzinga Newsdesk

June 25, 2024 | 10:02 am