Monthly Archives: July 2024

See what’s emerged from the ground

The Israel Antiquities Authority is offering limited tours of its new National Campus for the Archaeology of Israel, next to the Israel Museum in Jerusalem. When complete, the 36,000 sqm campus will feature galleries, laboratories, display rooms and storage centers. … Continue reading

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Israeli is world chess champion for the deaf

Rabbi Yehuda Greenfeld has won the title of World Champion for the Deaf in Belgrade. 38 participants from 20 different countries challenged for the title. Competing over 11 rounds, Rabbi Greenfeld secured an impressive nine points, finishing the tournament undefeated. … Continue reading

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Dutch soccer fans support Israel

At Euro 2024, supporters of Holland were very supportive of the Jewish State when they learnt that they were being interviewed by an Israeli. The Netherlands had just beaten Turkey (Turkiye), to the dismay of the Turkish president Erdoğan who … Continue reading

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Cyclists accelerate

The Israel PremierTech cycling team had more successes in the 2024 Tour de France (see last week’s report here). Pascal Ackermann came 4th in Stage 8, and 3rd in Stage 10. Team member Derek Gee came third in Stage 9 … Continue reading

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Helping Japan cut greenhouse gas emissions

Japanese insurance giant Sompo and Israel’s Momentick (see here previously) will work to cut greenhouse gas emissions from Japanese energy production sources, rigs and gas pipelines. Momentick’s solution identifies and measures greenhouse gas emissions through satellite images. https://en.globes.co.il/en/article-momentick-teams-with-sompo-to-cut-greenhouse-gas-emissions-1001483236

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Billion-dollar deal

Israel Aerospace Industries (IAI) has announced an agreement worth $1 billion over five years with an unnamed third party. (Calcalist states that IAI will supply Morocco with an intelligence satellite.) The company expects completion of the deal by 2029. https://en.globes.co.il/en/article-israel-aerospace-industries-signs-1b-deal-1001483830 … Continue reading

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Startup investment – to 14/7/24

K Health raised $50 million; Sola Security raised $28 million; Volumez raised another $20 million; Buildots raised $15 million; Nagish raised $16 million; Endoron Medical raised $10 million; Vee raised $7 million; Enso raised $6 million; Dono raised $3.7 million.

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Exits, takeovers & mergers – to 14/7/24

Israel’s 3D print company Nano Dimension has acquired US 3D print company Desktop Metal for $183 million.  

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Canada approves muscle toning system

Israel’s Sofwave Medical (see here previously) has received approval from Health Canada to commercialize Pure Impact™ utilizing PlyoPulse™ EMS (“Electric Muscle Stimulation”) technology in that region. The system already has US-FDA approval. https://finance.yahoo.com/news/sofwave-medical-receives-marketing-clearance-123300406.html https://www.youtube.com/watch?v=Ouub8lH3J6o

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Billion-shekel Netanya server farm

A new server farm costing NIS 1.1 billion is being constructed by NED, an Israeli-British partnership in the Poleg Industrial zone of Netanya, Israel. The server farm will extend over 13,500 square meters and is designed to connect to undersea … Continue reading

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