Monthly Archives: May 2020

Currency reserves at new record high

Following successful international borrowing, Israel’s reserves of foreign currency increased by nearly $7.6 billion in April to end the month at a new record of $133.5 billion. https://www.news1.news/n1/2020/05/nis-7-6-billion-jump-in-the-bank-of-israels-foreign-exchange-reserves-in-april-2.html https://www.boi.org.il/en/NewsAndPublications/PressReleases/Pages/7-5-20b.aspx

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Israel raises $5 billion in Asian markets

Israel’s first-ever public issue bond on Asian markets raised $5 billion. The issue saw high demand from some 300 high-quality investors from over 30 countries. Israel’s Accountant General said it testified to the confidence in Israel’s economy and its response … Continue reading

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VR rehabilitates patients

The Virtual Reality therapy from Israel’s XRHealth is already used at Israel’s Sheba Medical Center to rehabilitate patients, including those recovered from Covid-19. XRHealth has just received a $450,000 grant from the Israeli Innovation Authority to extend its VR technology … Continue reading

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Sterilization kits for hospitals

Israel’s Strauss Water, a subsidiary of Strauss Group, has developed a sterilization and disinfection device for personal equipment. The kit removes coronavirus from stethoscopes, keys, etc. – even cell phones. Strauss has donated 40 kits to Israeli hospitals and has … Continue reading

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Jerusalem bio-techs tackle coronavirus

JLM-BioCity organized a Zoom session to share startup coronavirus technologies with global investors. New to this newsletter are Respinova (COPD device) EDAS Healthcare (remote diagnosis), One Cell Medical (antibodies), BioFence (anti-viral coating) and Academix. https://www.respinova.com/ https://www.edashealthcare.com/ https://www.onecellmedical.com/ https://www.bio-fence.com/ https://academix.bio/ https://www.youtube.com/watch?v=-y0v0S4Wc7k

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A coronavirus mask for the hearing impaired

Carolina Tannenbaum-Baruchi of Ben Gurion University, whose parents are both deaf, teamed up with a high school robotics team from Dimona to develop the “Read My Lips” mask. Its clear “no vapors” plastic front does not fog up, allowing others … Continue reading

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Wake-up and smell the virus

Israel’s Nanoscent has developed a chip, software and sensors that recognize odor and unique disease patterns. It has started a trial at Israel’s Sheba hospital to identify people infected with the coronavirus via a simple 30-second nasal breath test. It … Continue reading

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New fintech cybersecurity laboratory

Multinationals Mastercard and Enel X are to establish a new financial technology cybersecurity lab in Be’er Sheva. The lab joins six existing innovation labs and two cybersecurity labs in the final process of being established in Be’er Sheva, specializing in … Continue reading

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Ecological friendly companies

Israel21c recently featured 9 Israeli companies that focused on sustainability. Those not previously reported here include IMYIM (eco-fashion), Havie (recycled army clothing) and SG Tech (energy from farm waste). https://www.israel21c.org/9-companies-turning-our-waste-into-gems/ https://havie-mnfct.com/ https://sgtech.co.il/ https://www.youtube.com/watch?v=_IjGBJcu9jU

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Robotic beehive

More details on the revolutionary Beehome hive from Israel’s Beewise (reported here previously) that protects bee populations from colony collapse. https://unitedwithisrael.org/watch-israeli-robotic-beehives-protect-worlds-food-supplies/ https://www.youtube.com/watch?v=JExrqBSHR8w

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