Monthly Archives: August 2022

So Nice

Posted on August 22, 2022

Israeli software company Nice just reported second quarter total revenues up 16.1% to $530.6 million on the same period in 2021. Gross profit for Q2 was $365.7 million compared to $306.3 million last year. https://www.calcalistech.com/ctechnews/article/h1ibtsjc5

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More intelligence for Europe

Posted on August 22, 2022

Israeli defense electronics company Elbit Systems has been awarded a $660 million contract to provide intelligence systems to a European country. The contract will be undertaken over four years, plus 10 more years’ maintenance. In June, Elbit Systems won contracts … Continue reading →

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International supermarkets will bring down prices

Posted on August 22, 2022

French supermarket giant Carrefour is on track to open its branded shops by the end of this year (see here previously). Now Dutch-owned international supermarket chain SPAR has also signed agreements to open branches in Israel. https://en.globes.co.il/en/article-netherlands-based-retail-chain-spar-to-enter-israel-1001418985 https://www.timesofisrael.com/arrival-of-french-supermarket-giant-carrefour-will-drop-living-costs-lapid-predicts/

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Advancing technology in factories

Posted on August 22, 2022

Israel’s Ministry of Economy is providing another NIS 20 million to the Advanced Manufacturing Institute to implement innovative technologies and advanced production methods in factories and improve productivity. It is in addition to funds already allocated to establish the institute. … Continue reading →

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Turning non-recyclable trash into Hydrogen

Posted on August 21, 2022

Israeli-Swedish-Polish startup Boson Energy uses Israeli technology to harvest hydrogen continuously from nonrecyclable waste and biomass. Plasma Assisted Gasification (HPAG) generates hydrogen, captures CO2, and turns residual ash into usable glass material. https://www.israel21c.org/startup-harvests-hydrogen-from-local-nonrecyclable-trash/ https://bosonenergy.com/

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Another Israeli 5-minute EV battery recharger

Posted on August 21, 2022

Israel’s EExion is developing “Energize-N’-Go” – an energy-storage technology that can rapid-charge e-mobility vehicles in just five minutes. It uses chemically manipulated supercapacitors, eliminating the need for the rare and hazardous metal lithium. (See also StoreDot) https://www.israel21c.org/5-minute-electric-vehicle-battery-recharge-could-come-soon/ https://www.eexion.com/ https://www.youtube.com/watch?v=51iG4ZcgNl4

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How the Iron Beam works

Posted on August 21, 2022

Interesting video about Israel’s new Iron Beam laser defense system and how working with the US can help improve its life-saving capabilities. https://www.youtube.com/watch?v=1frHtUEqd4E

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Revolutionizing online restaurant booking

Posted on August 21, 2022

Israel’s Ontopo has developed a restaurant seating management system that allows customers to reserve a table online. It works with 730 out of 1,300 restaurants in Israel. Some 5 million people have searched for a place through Ontopo, making about … Continue reading →

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Air-con without electricity

Posted on August 21, 2022

Israel’s Green Kensho has developed an outdoor air conditioner that needs no electricity. It silently blows out a jet of freezing (easily available) nitrogen gas at -10C (14F) that cools the surrounding area with no pollution. The first models are … Continue reading →

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Buried lithium discovered from space

Posted on August 21, 2022

The technology of Israel’s Asterra (see here previously) has led to the discovery of an underground reserve of lithium, vital for the electronics market until replaced by safer, more common materials. Asterra’s algorithms and AI use satellite synthetic radar (SAR) … Continue reading →

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