Monthly Archives: May 2021

Pharmacy employs smart warehouses

Israel’s largest health & beauty retailer Super-Pharm is partnering Israel’s Fabric (see here) to use its small, robotized fulfilment facilities in city centers. It follows a 2019 pilot by Super-Pharm in Tel Aviv, to process online orders for same-day delivery. … Continue reading

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Digital banking for freelancers

Israel’s Lili provides digital banking services for small businesses and freelancers in the U.S (see here for another). Lili has doubled its number of clients to 200,000 over the past six months. It has just raised $55 million and plans … Continue reading

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Hygienic clothing for Spain

Israel’s Polytex Technologies (see here previously) has accelerated its marketing in Spain, with new installations in Tarragona, Navarra, Barcelona and Madrid. Polytex’s hands-free automated workwear solution fights contamination, protects workers’ health, cuts costs, and maximizes efficiency. https://www.new-techeurope.com/2021/05/10/hospitals-in-madrid-and-barcelona-implement-polytexs-automated-hygienic-workwear-management-solution/

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Elbit buys British Aerospace unit

Israel’s Elbit has acquired Jerusalem-based Rokar International Ltd from the U.S. headquartered subsidiary of BAE (British Aerospace) Systems plc – for approximately $31 million. https://elbitsystems.com/pr-new/elbit-systems-acquires-bae-systems-rokar/

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Free-wheeling partners

Israel’s REE Automotive has extended its partnership with Toyota subsidiary Hino Motors (see here in 2019) to include electric commercial vehicles for transporting people and goods.  REE is also partnering French self-driving systems company Navya to develop a level 4 … Continue reading

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Free trade with South Korea

Israel’s Foreign Minister and Economy Minister are shortly to fly to Seoul to sign Israel’s first Free Trade Agreement (FTA) with an East Asian country and meet Korean business leaders. The FTA cancels customs duty on all Korean imports and … Continue reading

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Intel’s $10 billion factory

On top of $200 million (see here) and $600 million (see here) recent investments in Israel, Intel Israel CEO Yaniv Garty just announced the planned building of a new $10 billion chip plant in Israel. https://www.youtube.com/watch?v=F2Qv3vv3scA

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Nothing new under the Sun

Israel’s Shahar Solutions, founded by Ariel University Professor Gadi Golan and Natan Shahar have made a device to capture 100% of carbon dioxide emissions from engines and power plants. Then solar energy plus the 1897 Sabatier process converts the CO2 … Continue reading

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Pandemic tech award

Israel’s TechSee (see here previously) has won a 2021 Pandemic Tech Innovation Award from TMC Labs for TechSee Live. The software allows a virtual technician or expert to see exactly what the customer sees and help fix problems remotely – … Continue reading

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The right security posture

Israel’s Perimeter 81 (see here) has launched Device Posture Check (DPC). DPC ensures that only security-compliant devices can be connected to a company’s network. So even if a hacker used a valid user-ID and password, they wouldn’t be able to … Continue reading

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