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EMKR

EMCORE Corporation (NASDAQ:EMKR) has announced the advancement of Photonic Integrated Chip (PIC) technology and its integration into all of the company's open-loop Fiber Optic Gyro (FOG)-based products. The PIC technology, which has been in development for three years, improves reliability, durability, and shock/vibration tolerance. EMCORE is also introducing a program for customers to upgrade previous-generation products to a PIC-based unit.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 12:38 pm

AWIN

AERWINS Technologies Inc. (NASDAQ:AWIN) plans to establish a US subsidiary in Los Angeles to redesign its XTURISMO Ltd Edition prototype 1 hoverbike for wider markets, including the US and Europe. The company aims to seek certification of the XTURISMO by the FAA. The redesign will include various enhancements and will be led by the company's Executive Chairman and President, Kiran Sidhu. Sidhu has agreed to provide up to $300,000 in working capital for the initial phase of this redesign initiative.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 12:38 pm

INSE

Inspired Entertainment (NASDAQ:INSE) has signed an agreement with the National Basketball Association (NBA) to develop Virtual Sports games using the NBA's archived footage. The NBA-themed Virtual Sports offerings will allow fans to wager on teams in fast-paced matchups, with many of the same wagering options as a standard sportsbook. The partnership is expected to expand Inspired's reach to millions of basketball enthusiasts worldwide.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 12:33 pm

HEPS

V

Hepsiburada (NASDAQ:HEPS), a leading Turkish e-commerce platform, has announced a five-year agreement with Visa (NYSE:V), a world leader in digital payments. The partnership will allow Hepsipay cards to bear the Visa logo and be accepted at any point of sale worldwide. This move expands the use of Hepsipay cards beyond the Hepsiburada platform.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 12:32 pm

ABVC

ABVC BioPharma has been granted a patent in Taiwan for its treatment of Major Depressive Disorder. This could potentially increase the company's market share and revenues in the future.

Portfolio Pulse from Bill Haddad

October 09, 2023 | 12:30 pm

KBNT

MTEK

PRZO

RNA

SFT

Several stocks are moving in pre-market trading. Maris-Tech Ltd. (MTEK) shares rose 38% after the launch of Jupiter Drones. ParaZero Technologies Ltd. (PRZO) shares gained 27.6% after receiving authorization for drones to operate over populated areas. Avidity Biosciences, Inc. (RNA) rose 9.1% after disclosing positive AOC 1001 data. Shift Technologies, Inc. (SFT) fell 85% as it intends to file a voluntary Chapter 11 petition. Kubient, Inc. (KBNT) shares fell 21.2% after implementing a 36% reduction in the company's workforce.

Portfolio Pulse from Lisa Levin

October 09, 2023 | 12:20 pm

ANAB

AnaptysBio, Inc. (NASDAQ:ANAB) will host a virtual R&D event on October 25 to provide an overview of rosnilimab, a PD-1 agonist antibody. The event will include discussions on PD-1 biology, rosnilimab's mechanism of action, and Phase 2 development plans for rheumatoid arthritis and a second indication to be unveiled during the webcast. Rosnilimab is a novel PD-1 checkpoint agonist antibody that reduces overactive T cell inflammation.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 12:19 pm

ENPH

Enphase Energy, Inc. (NASDAQ:ENPH) has expanded its agreement with German-based climate tech startup 1KOMMA5° to enter the solar markets in Sweden and Denmark. The deal will see 1KOMMA5° offer Enphase's Energy Systems, powered by IQ8 Microinverters and IQ Batteries. The devices will be integrated into 1KOMMA5°'s proprietary energy IoT system, Heartbeat, and become part of their virtual power plant. The Enphase Energy System with IQ Batteries offers configurations ranging from 3.5kWh to an aggregate 42kWh and can be upgraded throughout the lifetime of the system.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 12:08 pm

NGMS

RSI

NeoGames S.A. (NASDAQ:NGMS) announced that its subsidiary Pariplay has entered Pennsylvania for the first time with Rush Street Interactive (NYSE:RSI). Pariplay's content went live on RSI brands BetRivers and PlaySugarHouse in Pennsylvania on September 29, 2023. This marks the fifth US state entered by Pariplay, which offers over 14,000 games from 120+ suppliers.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 12:07 pm

BFLY

Butterfly Network, Inc. (BFLY) has announced two new ultrasound education offerings, Butterfly Certified™ and ScanLab™, aimed at boosting point-of-care ultrasound (POCUS) competence and confidence. Butterfly Certified™ is a set of virtual and in-person POCUS courses, while ScanLab™ is an AI-powered educational application for ultrasound scanning practice. The company will introduce these offerings at the ACEP23 Exhibit Hall.

Portfolio Pulse from Benzinga Newsdesk

October 09, 2023 | 12:06 pm