Monthly Archives: July 2017

WSJ features six Israeli startups

Posted on July 9, 2017

Of the 25 leading startups selected by “The Wall Street Journal,” in its article “Tech companies to watch,” six – almost one quarter – are Israeli. Furthermore, three of the four cybersecurity companies on the list are Israeli. http://www.globes.co.il/en/article-6-out-of-wsjs-top-25-startups-are-israeli-1001195236 https://www.wsj.com/articles/top-25-tech-companies-to-watch-1497492480

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IAI is on the acquisition flight path

Posted on July 9, 2017

Israel Aerospace Industries (IAI) has launched a buying program for cybersecurity companies. It has invested millions of dollars in Holland’s Inpedio BV and Hungary’s Cytrox. Esti Peshin, general manager of IAI’s Cyber Division, said IAI is planning further cybersecurity acquisitions. … Continue reading →

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Virtual currencies to support local businesses

Posted on July 9, 2017

Israeli startup Colu’s digital wallet allows customers to pay local businesses instantly in a virtual currency (e.g. Liverpool local pound) from their smartphone. Starting with Tel Aviv, Haifa, London, Liverpool and Barbados, Colu has instigated a true “peer-to-peer” economy. http://jewishbusinessnews.com/2016/06/23/israeli-blockchain-startup-colu-raises-9-6-million-to-promote-bitcoin-based-local-currencies/ … Continue reading →

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UK-Israel Tech Hub model vital to Britain

Posted on July 9, 2017

London’s City AM reports that strong digital growth in Tel Aviv is a benefit to the UK, and praises the UK-Israel Tech Hub created in 2011. The article notes that this model is “more important than ever as we leave … Continue reading →

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Reserves now at $108.7 billion

Posted on July 9, 2017

Israel’s foreign currency reserves increased by $1.3 billion in June to an all-time-record of $108.706 billion.  The natural gas reserve fund increased to $11.39 billion. http://www.boi.org.il/en/NewsAndPublications/PressReleases/Pages/6-7-17.aspx

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A Quantum leap

Posted on July 9, 2017

Israel’s Bar-Ilan University has opened its new center, the Quantum Entanglement in Science and Technology (QUEST) for research and development of quantum technology. Its applications include secure quantum networks, cryptography, quantum computation and biomedical sensors. http://www.timesofisrael.com/bar-ilan-university-to-set-up-quantum-research-center/

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Top positions in Arab rankings

Posted on July 9, 2017

UAE-based Center for World University Rankings, judged Israel’s Technion first in the world in the field of aerospace engineering. It also came 4th for Computer Science – Theory and Methods and 8th for Information Systems. Tel Aviv University also achieved … Continue reading →

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Texas welcomes Israel water industry

Posted on July 9, 2017

The first Israel-Texas Water Conference in Austin, Texas was attended by 200 key players from the Texas water industry and government. It featured five innovative Israeli water companies: Elbit Systems, Amiad Water Systems, BioPetroClean, Master Meter and Netafim. https://www.israel21c.org/the-lone-star-state-welcomes-the-israel-water-industry/

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Gold award for innovative suitcase

Posted on July 9, 2017

I reported previously (Nov 2015) about the Israeli-developed G-RO suitcase with its large wheels that roll over any terrain.  G-RO has just won a gold medal for innovative luggage at the 2017 International Edison Awards. G-RO has literally re-invented the … Continue reading →

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Another smart suitcase

Posted on July 9, 2017

Israeli startup Samsara’s smart case is made of aluminum and contains a power supply to charge your laptop and smartphone. It also alerts you if it gets separated from you or someone opens it without your permission. Samsara wanted to … Continue reading →

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