Israel’s AIR has conducted the first forward horizontal test flight of its AIR ONE prototype electric flying vehicle (see here previously). It follows July’s successful hover test. The latest test carried 150kg simulating the weight of passengers in addition to … Continue reading →

Biomica raised $20 million; Highcon raised $8 million from US’s SEE; YonaLink raised $6 million;

Alibaba founder Jack Ma has been recently seen several times in Israel. He has interests in over two dozen Israeli startups including Twiggle, Infinity Augmented Reality, Lumus and ThetaRay. https://www.timesofisrael.com/alibaba-founder-said-living-in-japan-after-china-tech-crackdown-often-visits-israel/

. The recent $196.5 million funding round in US-Israeli cyber startup Snyk (see here previously) was led by the Qatar Investment Authority (QIA), the sovereign wealth fund of a Gulf country with which Israel has no diplomatic relations. https://www.israel21c.org/qatar-fund-leads-investment-in-israeli-us-cyber-unicorn/

The Israeli American Council (IAC) National Summit (Jan 19-21) in Austin Texas is celebrating “Israel. Together”. It also marks Israel’s 75th Birthday, and will host the Israel America Business Playground, bringing together Israeli and American business leaders, entrepreneurs, investors, and … Continue reading →

Jerusalem is set to extend fast train services to and from Tel Aviv into the capital with plans to deliver two more stations in central Jerusalem. They will extend the link from Jerusalem’s Navon station firstly to King George Street … Continue reading →

The Israel Innovation Authority is investing NIS 150 million in three new tech consortiums. Integrated silicon photonics (4 companies already selected), metamaterials and meta-surfaces (8 companies), and black soldier fly farming for animal feeds and breaking down organic waste. https://www.timesofisrael.com/israels-new-tech-focus-areas-silicon-photonics-metamaterials-black-soldier-flies/

Israir Airlines will start operating five flights a week from Israel to Istanbul starting this Monday, after 15 years in which Israeli airlines did not fly to Turkiye. Istanbul is one of the most attractive destinations among Israelis who enjoy … Continue reading →

Home-building in Israel jumped by 15.6% between Oct 2021 and Sep 2022, with over 70,000 housing starts recorded – the highest for four years. 50,000 apartments were completed in the same period, up 4% on the previous year. https://www.timesofisrael.com/jump-in-2022-housing-starts-building-permits-may-act-to-slow-price-rises/