Companies

CalPrivate Bank appoints Andra Frazier as chief credit officer
Frazier brings over two decades of commercial banking and credit risk experience to the San Diego-based private bank.

BD appoints Gary Sorsher as chief quality officer
Medical technology firm BD names Gary Sorsher to lead quality operations amid ongoing regulatory scrutiny of healthcare supply chains.

Deluxe appoints Celero Commerce founder to lead merchant services
Deluxe names former Celero Commerce CEO to head its merchant services division amid expansion in digital payments.

Xos wins U.S. Air Force contract for mobile charging system
Contract valued at $1.2 million to deliver mobile electric vehicle charging units for Air Force operations.

PicPay integrates ChatGPT for customer queries in Brazil
Brazilian fintech PicPay partners with OpenAI to deploy AI-driven customer service for account-related questions, aiming to enhance efficiency and reduce operational costs.

Diligent Robotics launches Moxi 2.0 for hospital automation
Autonomous nursing assistant aims to streamline logistics in healthcare facilities with enhanced AI and mobility features.

Raytheon secures $22.9 billion Tomahawk missile contract
U.S. defense contractor awarded largest-ever missile deal for long-range strike systems amid rising global tensions.

EQT Real Estate sells 4.4M sq ft Midwest logistics portfolio
Transaction valued at undisclosed terms highlights growing demand for industrial real estate in U.S. heartland.

Lifetime Brands extends credit facilities through 2031
Kitchenware and home goods company secures $400 million in financing with five-year extension to its revolving credit facility.

Textron Aviation delivers 500th Cessna Citation CJ4 jet
Milestone delivery underscores strong demand for light business jets amid robust private aviation market activity.

Targa Resources, ExxonMobil sign 20-year midstream deal
Targa Resources will provide midstream services to ExxonMobil under a two-decade agreement, expanding infrastructure ties between the two energy firms.

Greystone Housing exits Colorado property investment
Real estate investment firm sells Colorado multifamily asset, marking exit from local housing market. Deal terms undisclosed.

Aramark secures multiple U.S. K-12 school nutrition contracts
Food services provider Aramark wins new contracts to manage school nutrition programs in multiple U.S. districts, expanding its K-12 footprint.

Radiopharm sets FDA meeting for brain imaging drug RAD101
Company plans to meet with U.S. regulators to discuss the approval pathway for its experimental radiopharmaceutical RAD101.

Vector secures 10-year manufacturing deal with LyoGenesis
Contract to support LyoGenesis's lyophilization platform for cystic fibrosis treatment development. Shares rise on deal news.

Zentek secures patent for electromagnetic shielding coating
Canadian firm Zentek receives patent approval for advanced electromagnetic interference shielding material, targeting electronics and defense sectors.

DraftKings secures $1.35B in financing via loans and credit
Gaming company DraftKings raises $600M in a term loan and $750M in a credit facility to bolster liquidity and refinance existing debt.

Better Home urges ousted CEO to halt reinstatement bid
Former CEO's public campaign for return faces demand from company to cease efforts. Board cites governance concerns amid leadership dispute.

Gilat unit secures $14 million Peru broadband contract
Subsidiary wins fiber-optic broadband deal to expand Peru's digital infrastructure, financial terms disclosed.

GE Aerospace wins U.S. Air Force contract for JASSM missile engine
Contract awarded to GE Aerospace’s propulsion unit for Lockheed Martin’s JASSM missile system. Terms and value undisclosed.

Pulsenmore secures $1.27M grant for AI ultrasound program
Funding to advance AI-powered obstetric ultrasound technology aimed at improving maternal healthcare access.

Auddia partners with AMG Corp for digital radio releases
Auddia secures a licensing deal with AMG Corp to expand its digital radio platform with new content. Shares rise on news of the partnership.

Red Cat’s Blue Ops partners with Havoc on autonomous vessels
Blue Ops, a subsidiary of Red Cat Holdings, will collaborate with Havoc to develop autonomous maritime systems. Financial terms were not disclosed.

FTAI Aviation secures $2 billion warehouse financing facility
Transaction marks one of the largest aviation financing deals in recent years, providing liquidity for aircraft acquisitions and leasing.

