Monthly Archives: May 2019

Trawling for maritime startups

Posted on May 13, 2019

I reported previously (24th July) on Israel-based maritime startup accelerator TheDock Innovation Hub which offers startups funds, offices, mentors and networking with partner companies. TheDock has added Singapore-based port operator PSA International to existing partners that include Maersk. https://www.calcalistech.com/ctech/articles/0,7340,L-3760238,00.html

Posted in Economy & Business | Leave a comment

Promoting startups in rural Israel

Posted on May 13, 2019

The Israel Innovation Authority has allocated $50 million for setting up innovation incubators to encourage local entrepreneurship in Israel’s rural areas. The incubators in Israel’s periphery will provide workspace, support from academic institutes, mentors and links to investors and clients. … Continue reading →

Posted in Economy & Business | Leave a comment

New record for currency deposits

Posted on May 13, 2019

Israel’s reserves of foreign currency increased by half a billion dollars during April to another new record of $118.7 billion. https://www.boi.org.il/en/NewsAndPublications/PressReleases/Pages/7-05-19.aspx

Posted in Economy & Business | Leave a comment

Europe offers favorable credit to Israeli firms

Posted on May 13, 2019

The European Investment Bank, as part of Horizon 2020, is offering credit enhancement services and financing under favorable terms to Israel companies. The agreement was initiated by Israel’s Peninsula Growth Fund to assist medium-sized Israeli companies. https://www.calcalistech.com/ctech/articles/0,7340,L-3760834,00.html

Posted in Economy & Business | Leave a comment

Economy still improving

Posted on May 13, 2019

The Bank of Israel’s Composite State of the Economy Index for March increased by nearly 0.3 percent. Highlights were Goods exports, Goods imports and Industrial production. https://www.boi.org.il/en/NewsAndPublications/PressReleases/Pages/30-4-19.aspx

Posted in Economy & Business | Leave a comment

Intel’s 9th generation processors designed in Israel

Posted on May 13, 2019

Sired from its Haifa team, Intel has launched the 9th Gen Intel Core – its “most powerful generation” of mobile processors for laptops. It is for powering games and heavy workloads like video editing and will be in new Acer, … Continue reading →

Posted in Science & Technology | Leave a comment

RAF deploys Israeli emergency beacon

Posted on May 13, 2019

The Emergency Personal Locator Beacon (EPLB) from Israel’s Elbit has begun operations for the UK’s Royal Air Force. The EPLB is attached to the pilot’s life jacket and emits two types of alerts if the pilot ejects or crashes. The … Continue reading →

Posted in Science & Technology | Leave a comment

New record for renewable energy production

Posted on May 13, 2019

On 23rd April, the Israeli Electric Company broke its 13th Feb all-time-record (reported here) for energy produced from renewable resources. The production capacity was 1,326 megawatts, accounting for 19.3% of IEC’s total energy production. https://www.jpost.com/HEALTH-SCIENCE/Electric-company-produces-record-amount-of-green-energy-587695

Posted in Science & Technology | Leave a comment

Israel is 2nd most scientific

Posted on May 13, 2019

Israel is the second most scientific / innovative nation in the world, in a report compiled by engineering firm RS Components and published in the U.K.’s Daily Mail. Israel is ranked after the U.S. and ahead of South Korea. R&D … Continue reading →

Posted in Science & Technology | Leave a comment

Celebrating Israel’s hi-tech achievements

Posted on May 13, 2019

The IVC (Israel Venture Capital) Research Center (founded in 1997) celebrated Israel’s 71st Independence Day by summarizing Israel’s current high-tech industry’s status and its achievements since IVC’s foundation in 1997. https://www.ivc-online.com/Portals/0/RC/POSTS/Israel’s%2071st%20independence%20day%20post.pdf

Posted in Science & Technology | Leave a comment