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Monthly Archives: December 2023
Intel confirms multi-billion-dollar deal
US chipmaker Intel has inked an agreement with Israel’s government for a $3.2 billion grant to expand its chip manufacturing facilities in Kiryat Gat at a total investment of $25 billion. Intel will also spend NIS 60 billion with Israeli … Continue reading
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Turkish coffee renamed to support Israel
Israel’s Strauss Group has rebranded its ground coffee in response to complaints as to why it should be named after a country whose leader supports Hamas. Special war editions are now “Am Israel Chai”, “Generation of Victory,”, “We Have No … Continue reading
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Exits, takeovers, and mergers – to 31/12/23
Israeli cybersecurity Mend.io has acquired Israel’s Atom Security, which specializes in cyber risk assessment.
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Tech giants weather the storm
The five top Israeli tech companies all rose in value during 2023. Mobileye (up 35%), Check Point (+18%), Nice Systems (+7%), monday.com (+88%), and CyberArk (+88%) now have a total value of $83.5 billion. https://www.calcalistech.com/ctechnews/article/byiyd700dt
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Financial support for reservist business owners
The Israeli non-profit Ogen “Reserves for Reservists – Officer Loan Fund” aims to raise up to $10 million to provide interim fiscal support to senior officers who also own businesses. The fund aims to prevent the entrepreneurs from worrying so … Continue reading
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Protecting US troops from radiation
Israel’s StemRad (see here previously) has secured a $4.5 million contract with the US Department of Defense for the acquisition of its radiation protection shields for the US National Guard. will provide 630 of its protective 360 Gamma belts to … Continue reading
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Bacteria to cut emissions from wheat crops
Israel’s N2OFF (formerly Nitrousink) has developed bacteria capable of decreasing nitrous oxide (N2O) that is emitted during the production of wheat. N2O is a greenhouse gas that is potentially far more harmful to the climate than carbon dioxide. The tech … Continue reading
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Seasoning that preserves meat
Researchers at the Hebrew University of Jerusalem have developed MeatCrust – a natural antioxidant for meat preservation. The seasoning forms a crust that prevents the fatty acids in meat react with oxygen to cause rancidity. https://nocamels.com/2023/12/new-seasoning-both-flavors-your-meat-and-stops-it-turning-bad/ https://www.yissum.co.il/technology/meatcrust-as-a-natural-antioxidant-for-meat-preservation/
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One of 2023’s top 10 scientific breakthroughs
The magazine Physics World has announced its list of 10 leading breakthroughs of 2023. They included Hebrew University of Jerusalem’s Prof. Fineberg who discovered that cracks in certain materials can spread faster than the speed of sound – previously thought … Continue reading
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Award-winning Physics professor
Professor Shlomo Havlin of Israel’s Bar-Ilan University Physics dept, won the 2023 Bakhuis Roozeboom Medal, awarded by the Royal Netherlands Academy of Arts and Sciences once in four years for researchers who have made innovative contributions to the phase behavior … Continue reading
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