Monthly Archives: October 2015

Another record for Israel’s reserves

Israel’s foreign currency reserves stood at a record $89.335 billion at the end of September 2015, an increase of $337 million from their level at the end of August. http://www.globes.co.il/en/article-israels-foreign-currency-reserves-climb-to-new-record-1001072024  

Posted in Economy & Business | Leave a comment

Israeli lunar team secures launch

Israel’s SpaceIL is a stage nearer its goal of becoming the first privately funded mission to the Moon and winning the $20 million Google Lunar XPRIZE. SpaceIL has booked a place on a SpaceX rocket due for launch in the … Continue reading

Posted in Science & Technology | Leave a comment

Turning polluted water into beer

Israeli-founded water purification company Desalitech has teamed up with Boston-based Harpoon Brewery to channel the once-famously polluted Charles River into a new beer. Desalitech is using its patented technology to provide water for Harpoon’s Charles River Pale Ale. http://www.jta.org/2015/10/02/default/dirty-water-in-bostons-charles-river-now-its-beer  

Posted in Science & Technology | Leave a comment

A bigger force in the cloud

Israel’s Silicom has bought US-based ADI Engineering for $10 million. ADI’s high-performance Intel equipment will allow Silicom to expand its products for providers of cloud (over the Internet) and network services. http://www.globes.co.il/en/article-israeli-co-silicom-acquires-us-co-adi-engineering-1001071073  

Posted in Science & Technology | Leave a comment

Rapid Internet performance

Israel’s Teridion makes Internet access up to 20 times faster, for users of its advanced Global Cloud Network. Teridion has just raised $20 million to expand in the US and internationally. http://www.globes.co.il/en/article-israeli-rapid-internet-performance-co-teridion-raises-20m-1001070880

Posted in Science & Technology | Leave a comment

Avoid the queue

Israeli startup Tapingo has launched a free app that allows students to order food from their favorite places via their smartphones, so that when they arrive they can just pick it up from the counter without having to wait in … Continue reading

Posted in Science & Technology | Leave a comment

An app to help you dress right

The Israeli app “Take A Look” allows you to send a “selfie” for the attention of top Israeli fashion designers Liat Ashuri, Doreen Attias, and Gadi Elimelech. For a $25 fee, one of the three will critique your outfit. They … Continue reading

Posted in Science & Technology | Leave a comment

Ford hackathon for Israeli developers

US car manufacturer Ford is holding its own hackathon, the Ford AppLink Challenge, for Israel’s tech community to develop new technologies for Ford Sync Systems in the company’s new models. Winners get cash or a new Ford Fiesta. Toyota and … Continue reading

Posted in Science & Technology | Leave a comment

Why Israel leads financial tech innovation

Good analysis of why Israeli financial technology is growing so impressively. Chief reasons include quality technology, previous successes, international knowhow, multinational R&D, global investment and encouragement for start-ups. http://venturebeat.com/2015/10/03/why-israel-is-leading-fintech-innovation/  

Posted in Science & Technology | Leave a comment

The largest desalination facility in North America

In a few weeks, San Diego will open the Carlsbad desalination plant, piping around 50 million gallons of water a day to households across the San Diego area. It was designed by Israel’s IDE and one of 400 desalination facilities … Continue reading

Posted in Science & Technology | Leave a comment