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

Posted in Economy & Business | Leave a comment

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

Posted in Economy & Business | Leave a comment

Exits, takeovers, and mergers – to 31/12/23

Israeli cybersecurity Mend.io has acquired Israel’s Atom Security, which specializes in cyber risk assessment.

Posted in Economy & Business | Leave a comment

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

Posted in Economy & Business | Leave a comment

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

Posted in Economy & Business | Leave a comment

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

Posted in Economy & Business | Leave a comment

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

Posted in Science & Technology | Leave a comment

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/

Posted in Science & Technology | Leave a comment

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

Posted in Science & Technology | Leave a comment

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

Posted in Science & Technology | Leave a comment