Ocean Power Technologies (NYSE:OPTT) on Thursday announced the signing of an Original Equipment Manufacture agreement with Teledyne Marine, a division of Teledyne Technologies (NYSE:TDY), a supplier in the maritime technology inclusive of connectors, instruments, and vehicles. “This strategic partnership aims to enhance OPT’s product offerings and drive innovation within the industryContinue Reading
hapabapa OpenAI, the generative artificial intelligence startup backed by Microsoft (NASDAQ:MSFT), announced a content deal with news outlet Time to use its 101-year-old archive to train the former’s AI models. As part of the deal, which terms were not disclosed, OpenAI gets access to current and historic content from Time’sContinue Reading
CHUNYIP WONG/E+ via Getty Images Sempra (NYSE:SRE) said Wednesday it signed a non-binding heads of agreement to supply Saudi Aramco (ARMCO) with 5M metric tons/year of liquefied natural gas from the Port Arthur LNG Phase 2 expansion project for 20 years. Sempra (SRE) said the HoA also contemplates Aramco’s (ARMCO)Continue Reading
Entegris (NASDAQ:ENTG) has signed a non-binding preliminary memorandum of terms with the U.S. Department of Commerce to receive up to $75M in direct funding under the CHIPS and Science Act. This proposed CHIPS funding would support the development of Entegris (ENTG) state-of-the-art facility in Colorado Springs designed to create productsContinue Reading
portishead1/E+ via Getty Images Lifeist Wellness (OTCQB:LFSWF) has entered into a service and a share purchase agreement with Simply Solventless Concentrates (HASH:CA), an arm’s length party, for operational support services to CannMart, following its acquisition. CannMart operates a B2B wholesale distribution business facilitating recreational cannabis sales to Canadian provincial governmentContinue Reading
Gargolas/iStock via Getty Images Texas geothermal company Fervo said Tuesday that Southern California Edison (NYSE:EIX) signed power purchase agreements for power from its advanced geothermal project under construction in southwest Utah; financial terms were not disclosed. In terms of megawatts, Fervo said the deal for 320 MW – the equivalentContinue Reading
