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TTE

TotalEnergies SE (NYSE:TTE) acquired German battery storage developer Kyon Energy for €90 million plus earn-out payments. Kyon Energy has 770 MW of projects in various stages of development. This acquisition aligns with TotalEnergies' integrated power strategy and contributes to its profitability target of 12% ROACE by 2028. Additionally, TotalEnergies entered a deal with European Energy for offshore wind projects in Denmark, Finland, and Sweden, totaling 405 MW under development. This deal complements a previous agreement for onshore renewable projects and supports TotalEnergies' expansion in northern Europe. TTE shares saw a slight premarket decrease of 0.40%.

Portfolio Pulse from Lekha Gupta

January 23, 2024 | 12:15 pm

FLYLF

OSS

One Stop Systems, Inc. (OSS) and FLYHT Aerospace Solutions Ltd. (FLYLF) have announced a multi-year collaboration for the design and manufacturing of FLYHT's AFIRS Edge family, including the new 5G-enabled AFIRS Edge+. This partnership leverages OSS's capabilities to support the launch of the first-to-market 5G-enabled avionics solutions by FLYHT.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 12:09 pm

UNCY

Unicycive Therapeutics has released a shareholder letter outlining its corporate progress and upcoming milestones. The company anticipates topline data from its Oxylanthanum Carbonate (OLC) pivotal trial in Q2 2024, which is a significant future event for the company and its stakeholders.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 12:08 pm

CYN

Cyngn Inc. (CYN) has announced significant milestones and achievements for 2023, including deployments, paid projects with global customers, and strategic partnerships. These developments are aimed at enhancing its AI and robotics technologies for autonomous vehicles, setting the stage for a transformational year in 2024.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 12:07 pm

ARQQ

Arqit Quantum and Ampliphae have completed a project aimed at delivering enhanced quantum-safe security for private 5G networks. This development could potentially strengthen the security infrastructure of 5G networks against quantum threats.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 12:06 pm

STAA

STAAR Surgical, a company specializing in implantable lenses, has entered into a strategic agreement with SharpeVision to offer EVO ICL lenses as a primary option for patients looking to be free from glasses and contact lenses. This partnership aims to increase the adoption of STAAR's EVO ICL lenses by leveraging SharpeVision's network.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 12:03 pm

PWSC

PowerSchool Holdings (NYSE:PWSC) has been rated by 4 analysts in the last three months, with 3 somewhat bullish and 1 indifferent rating. The average 12-month price target is $27.5, up 3.77% from the previous $26.50. Analysts from Piper Sandler, UBS, RBC Capital, and Cantor Fitzgerald have provided recent evaluations, with price targets ranging from $25 to $30. PowerSchool Holdings is a cloud-based software provider for K-12 education, with a market cap below industry average, revenue growth of 12.15%, and strong profitability indicators like net margin, ROE, and ROA. Its debt-to-equity ratio is 0.66, indicating a sound financial structure.

Portfolio Pulse from Benzinga Insights

January 23, 2024 | 12:00 pm

ANIP

ANI Pharmaceuticals, Inc. has launched Pentoxifylline Extended-Release Tablets, USP 400 mg, a generic version of Trental. The U.S. market for this medication is estimated to be around $19.7 million annually, based on IQVIA/IMS Health data.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 11:53 am

BDX

Becton, Dickinson and Company (BDX) has partnered with Hamilton to develop automated applications and robotics-compatible reagent kits for large-scale single-cell multiomics experiments. This collaboration aims to standardize processes and minimize human error, enhancing the efficiency and reliability of scientific research.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 11:46 am

VNTRD

Vertex Energy updated its Q4 2023 outlook, with conventional throughput volumes at 67,000 bpd, slightly below the forecasted 68,000-71,000 bpd. Renewable throughput volumes are expected at 3,900 bpd, at the lower end of the 4,000-6,000 bpd range, and renewable production yield is projected at 96%, slightly below the 97%-98% forecast. The company also reported a 40% decline in average Q4 crack spreads on finished refined products compared to Q3.

Portfolio Pulse from Benzinga Newsdesk

January 23, 2024 | 11:33 am