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SGBX

Safe & Green Holdings (SGBX) has started talks with Earth Our Common Home (ECHO) to set up the Echo Impact Investment Fund for Africa. The fund aims to support impact investments aligned with ECHO's mission to promote human dignity in Africa. The initial plan includes improving medical facilities at 500 clinics and hospitals within Catholic Dioceses, with a long-term goal of reaching 10,000 facilities.

Portfolio Pulse from Benzinga Newsdesk

December 20, 2023 | 1:36 pm

TNON

Tenon Medical, Inc. (NASDAQ:TNON) has announced its participation in two immersive webinar physician training programs featuring its Catamaran SI Joint Fusion System. The training, led by Dr. Matthew Davies, reached approximately 60 health care providers and focused on the system's clinical use, patient selection, procedural outcomes, and the advantages of the Catamaran Fixation Device. The company emphasizes its commitment to professional education and training for health care providers.

Portfolio Pulse from Benzinga Newsdesk

December 20, 2023 | 1:34 pm

SIDU

Sidus Space has completed environmental testing of its LizzieSat satellite, which is now ready for launch on SpaceX's Transporter-10 mission. The satellite hardware is finalized and will be shipped to the launch site.

Portfolio Pulse from Benzinga Newsdesk

December 20, 2023 | 1:34 pm

WKHS

Workhorse Group Inc. (WKHS) has received its first fleet order for the W56 step van from Mission Linen Supply. The order consists of 15 vehicles expected to be delivered in 2024. The W56 is a zero emission delivery work van designed for high reliability and serviceability, with a payload capacity of up to 10,000 pounds and a range of up to 150 miles. Workhorse CEO Rick Dauch highlighted the milestone in commercializing their Class 5/6 vehicle, and Mission Linen Supply praised the van's performance in field tests.

Portfolio Pulse from Benzinga Newsdesk

December 20, 2023 | 1:32 pm

GM

TM

LG Chem is investing $1.6 billion to build the largest cathode plant in the U.S. in Tennessee, with production starting by 2026. The plant will produce NCMA cathode materials for EV batteries and has agreements to supply General Motors and Toyota. The investment aligns with the shift towards cost-effective Sodium-ion batteries and the competitive EV market's demand for advanced battery materials.

Portfolio Pulse from Benzinga Neuro

December 20, 2023 | 1:27 pm

SVRE

SaverOne 2014 Ltd. (NASDAQ:SVRE) has entered into a term sheet to acquire operations, products, and IP of Micronet Ltd., aiming to expand its product line and customer base, particularly in the US market. The acquisition is expected to be immediately accretive to SaverOne upon closing in early 2024. The deal includes contingent payments based on the performance of the acquired operations and assumes Micronet's obligations towards its customers. SaverOne's CEO, Ori Gilboa, anticipates strong synergies and immediate revenue growth from the acquisition.

Portfolio Pulse from Benzinga Newsdesk

December 20, 2023 | 1:19 pm

AMC

AMC Theatres has introduced a new line of premium gourmet chocolate candies, AMC Cinema Sweets, at its concession stands across the United States. This product launch includes four varieties: Milk Chocolate Covered Pretzels with Dark Chocolate Drizzle, Almonds, Raisins, and Peanuts. The candies are competitively priced and result from a year-long research and development process in collaboration with top confectioners. AMC aims to enhance the movie-going experience with these offerings, with plans to expand the candy line in 2024.

Portfolio Pulse from Benzinga Newsdesk

December 20, 2023 | 1:14 pm

RCMT

RCM Technologies (RCMT) has partnered with TransnetBW to provide engineering and technology services for grid modernization projects, including the Grünkraut substations. The contract was signed by Dr. Werner Götz, CEO of TransnetBW, and Mr. Bradley Vizi, Executive Chairman and CEO of RCM Technologies, highlighting their commitment to critical electric transmission grid infrastructure builds.

Portfolio Pulse from Benzinga Newsdesk

December 20, 2023 | 1:12 pm

LIPO

Lipella Pharmaceuticals Inc. (NASDAQ:LIPO) celebrates its first year as a public company with significant progress, including FDA feedback on LP-10 for hemorrhagic cystitis, IND approval for LP-310 for Oral Lichen Planus, and orphan drug designations for LP-10 and LP-310. The company is preparing for Phase-2b and Phase-2a trials for these drug candidates, with LP-10 showing positive results in earlier trials.

Portfolio Pulse from Benzinga Newsdesk

December 20, 2023 | 1:10 pm

OUST

Ouster, Inc. (NYSE:OUST), a leading provider of high-performance lidar sensors, has achieved ISO/IEC 27001:2022 certification, demonstrating its commitment to information security. The certification requires systematic risk examination, implementation of security controls, and a management approach to maintain high information security standards. Ouster's Information Security Management System includes its lidar system, firmware, SDK, and Ouster Studio digital lidar visualizer, managing 123 controls across 28 domains.

Portfolio Pulse from Benzinga Newsdesk

December 20, 2023 | 1:09 pm