Monthly Archives: May 2019

Tel Aviv’s digital wallet pilot

Posted on May 26, 2019

Tel Aviv-Yafo Municipality has launched a pilot project to examine using a “digital city currency”. Residents who spend at least NIS 20 five times at local businesses using the Colu app get a reward of 25 digital coins. A youth … Continue reading →

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SafeCharge exits for $890 million

Posted on May 26, 2019

Israeli-founded SafeCharge has been acquired by multinational Nuvei Corporation for $890 million. SafeCharge is listed on London’s AIM and specializes in payment processing, smart payment, and risk management technologies. It has a research and development center in Tel Aviv. https://www.calcalistech.com/ctech/articles/0,7340,L-3762696,00.html … Continue reading →

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US AI Institute opens Israeli branch

Posted on May 26, 2019

Seattle’s Allen Institute for Artificial Intelligence is to open an Israeli branch with an initial investment of NIS 30 million ($8.4 million). The Israel branch will be the institute’s first outside of the U.S. and will focus on natural language … Continue reading →

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Florida’s “bi-partisan” trade missions

Posted on May 26, 2019

Florida’s Republican Governor Ron Desantis is leading 90 state leaders on a business development mission to Israel. Simultaneously, Florida’s Democratic agriculture commissioner, Nikki Fried is in Israel seeking technology for agriculture, water, security and medicine. https://www.timesofisrael.com/florida-agriculture-commissioner-seeks-tech-innovation-ideas-on-israel-trip/ https://www.jpost.com/Israel-News/Florida-Governor-Ron-DeSantis-unveils-huge-Israel-trade-delegation-590482

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Rescue robot can now fly

Posted on May 26, 2019

I reported previously (2nd Sep) that Ben Gurion University engineers had built RSTAR – a highly maneuverable search and rescue robot. Just months later, they have developed it into FSTAR – a robot that can transform from driving on land … Continue reading →

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Growing trees in sidewalks

Posted on May 26, 2019

Israeli startup Frizweed has developed the Treetube – a technological system for growing urban trees safely without damaging the sidewalks (pavements). Lightweight steel and plastic tubes are installed in a tunnel that keeps the tree roots in place and delivers … Continue reading →

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Brewing the world’s oldest beer

Posted on May 26, 2019

Scientists at three Israeli universities (HUJ, TAU and Bar-Ilan) have brewed a beer using yeast found in the nano-pores of 5000-year-old beer jugs. Microbiologists sequenced the genome which a local brewer then used to make beer – the first time … Continue reading →

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AI to fix your washing machine remotely

Posted on May 26, 2019

Israeli startup Veego uses artificial intelligence algorithms to develop products that when installed on gateway devices can automatically detect, analyze, and fix problems in smart home systems. Veego has just received financial backing from the venture arm of the Bosch … Continue reading →

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AI to assess vehicle damage

Posted on May 26, 2019

Israel’s Ravin uses computer vision and machine learning to detect and analyze vehicle damage. It turns standard CCTV cameras or smartphone cameras into smart inspection tools, detecting more damage than the human eye can spot, thus reducing inspection costs. Shell … Continue reading →

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Gold in Physics Olympiad

Posted on May 26, 2019

The Israeli team won gold, silver and bronze medals in the Asian Physics Olympiad in Australia. Aviv Tillinger won the Gold medal and 4th absolute place, the highest award given to an Israeli yet in this competition. Israel hosts 80 … Continue reading →

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