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RDW

Redwire is expanding its in-space manufacturing technology portfolio with the launch of MSTIC, its autonomous semiconductor manufacturing platform, to the ISS on Northrup Grumman's NG-20 mission.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 12:35 pm

AGFY

SAVE

SES

The article highlights three industrial stocks that are considered oversold based on their Relative Strength Index (RSI) values, suggesting potential for growth this quarter. Agrify Corporation (AGFY) announced a sales agreement with a California-based cannabis operator but saw a 33% stock decline over five days. SES AI Corporation (SES) reported a narrower-than-expected Q3 loss and is nearing a significant milestone with its automotive B-sample for Li-Metal batteries, despite an 18% stock decline over five days. Spirit Airlines (SAVE) experienced a 62% stock decline over the past month after JetBlue Airways disclosed issues with complying with provisions of their merger deal.

Portfolio Pulse from Avi Kapoor

January 29, 2024 | 12:33 pm

VRCA

Verrica Pharmaceuticals has been granted a permanent J-Code (J7354) for YCANTH by the Centers for Medicare and Medicaid Services. This code will facilitate billing and reimbursement for YCANTH, potentially improving its market accessibility and adoption.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 12:33 pm

LILM

AJW Group has signed an agreement with Lilium to develop global material services and distribution to support the Lilium Jet's global aircraft operations and Lilium's aftermarket services business.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 12:32 pm

AKTS

Akoustis Technologies has achieved a significant milestone by securing a design win from a Tier-1 automotive product supplier for its wireless battery management system chipset, which will be used in electric vehicles. This win represents a strategic advancement for Akoustis in the automotive sector, directly supplying the original equipment manufacturer (OEM).

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 12:28 pm

PRZO

ParaZero Technologies has successfully completed a drone safety project for an undisclosed Fortune 500 automotive manufacturer, developing a custom variant of their SafeAir drone safety system. The company has received full payment as per the project agreement announced on December 20, 2023.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 12:27 pm

GDTC

Cytomed Therapeutics has been granted a patent by the Intellectual Property Corporation of Malaysia for its Chimeric Antigen Receptor Gamma Delta T Cell (CAR GDTC) technology, aimed at treating solid and hematological tumors.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 12:23 pm

MRT

Marti has launched multi-modal subscription packages aimed at boosting rider usage and enhancing the operational efficiency of its electric two-wheeled vehicle business. The introduction of these packages is expected to provide customers with more flexibility and convenience, potentially leading to increased customer loyalty and usage frequency.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 12:18 pm

MSFT

Microsoft CEO Satya Nadella is planning a visit to India on February 7 and 8 to explore AI opportunities, following Microsoft's commitment to harness technology in the region. The visit aligns with discussions from a June 2023 meeting with Indian PM Narendra Modi, focusing on AI to improve Indian lives and the startup ecosystem. Indian AI startups are preparing to meet Nadella. Microsoft's AI initiatives include a partnership with OpenAI, AI integrations in Office 365, and incorporating Bing into ChatGPT.

Portfolio Pulse from Arpit Nayak

January 29, 2024 | 12:10 pm

ARLP

Alliance Resource Partners, L.P. (ARLP) anticipates strong coal sales volumes for FY24, ranging between 34.0M and 35.8M short tons. CEO Mr. Craft expects another record year of revenues, citing over 90% of coal sales volumes already committed and priced at levels similar to 2023. The company has secured premium pricing through multi-year contracts with domestic customers, reflecting the high value placed on their coal quality and reliability.

Portfolio Pulse from Benzinga Newsdesk

January 29, 2024 | 12:07 pm