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CODA

Coda Octopus Group, Inc. (CODA) announced the launch of Voice HUB-4, an AI-based digital audio communications system, following successful tests with Naval customers. This new technology, which supports up to four divers and includes features like Digital Noise Removal and Helium Speech Descrambling, represents a significant advancement over traditional underwater analogue audio communications. Developed in conjunction with the US Navy, Voice HUB-4 aims to improve safety and clarity in underwater communications for divers.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 12:15 pm

KTTA

Pasithea Therapeutics Corp. (NASDAQ:KTTA) announced its PAS-004 abstract has been accepted for a poster presentation at the 2024 ASCO Annual Meeting. PAS-004, a novel macrocyclic MEK inhibitor, shows promise in treating neurofibromatosis type 1 (NF1) and potentially other diseases by inhibiting cancer cell growth. The drug aims to offer better compliance, efficacy, and safety profiles compared to existing MEK inhibitors, with preclinical studies and animal toxicology completed and an FDA orphan-drug designation received for NF1 treatment.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 12:14 pm

FEAM

5E Advanced Materials, Inc. (FEAM) announced the first production of boric acid and an extension of the waiver for its cash covenant on senior secured convertible notes. The production marks a significant step in establishing a U.S.-based boron supply chain. The waiver extension allows more financial flexibility until December 31, 2024.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 12:13 pm

MSFT

The Financial Times has entered into a content licensing agreement with OpenAI, allowing the AI firm to train its models on FT's content. This partnership aims to enhance OpenAI's ChatGPT with FT's attributed content and develop new AI products for FT readers. Financial terms were not disclosed. OpenAI, backed by Microsoft (MSFT), previously secured a similar deal with the Associated Press. The collaboration will enable ChatGPT to use select FT content summaries, quotes, and links in its responses.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 12:12 pm

WEC

WEC Energy Group (NYSE:WEC) is set to acquire a 90% stake in the Delilah I Solar Energy Center, a 300-megawatt project near Dallas, Texas, developed by Invenergy. The investment totals $459 million, with commercial operations expected by end of June. The project, part of the larger Samson & Delilah solar portfolio, will supply renewable energy to a global automaker under a long-term agreement. This acquisition aligns with WEC's focus on expanding its renewable energy portfolio, which includes over 2 gigawatts of solar and wind capacity.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 12:09 pm

AORT

Artivion announced it will present new clinical data for its On-X Aortic Heart Valve and AMDS at the 104th AATS Annual Meeting. The 5-year real-world data from the On-X Aortic Heart Valve study showed better patient outcomes than previously predicted, and the AMDS PERSEVERE trial reported positive aortic remodeling outcomes with zero DANE tears.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 12:06 pm

AZN

AstraZeneca has acknowledged in court documents for the first time that its COVID-19 vaccine can cause rare side effects. The company faces a class action lawsuit alleging that its vaccine led to death and serious injuries in dozens of cases.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 11:44 am

NTLA

Intellia Therapeutics announced that an oral presentation from the Phase 1 portion of the ongoing NTLA-2002 Phase 1/2 study will be accepted at the European Academy of Allergy and Clinical Immunology Congress 2024. This marks a significant milestone for the company as it progresses in its clinical trials.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 11:31 am

ARQQ

Arqit Quantum's stock price increased following the announcement of its partnership with Intel to launch Quantum-Safe, 1.89 Tb IPsec products.

Portfolio Pulse from Benzinga Newsdesk

April 29, 2024 | 11:29 am