Monthly Archives: October 2024

$17 million order for flying car

Posted on October 27, 2024

Israel’s AIR ONE (see here previously) has won $17M in purchase orders for the autonomous cargo version of its flying car. Air EV generated more than $1M in revenue in 2023 and expects to reach $7M revenue in 2024. https://aircargonext.com/news/advanced-air-mobility/podcast-air-one-cargo-evtol-nabs-17m-in-orders/

Posted in Economy & Business | Leave a comment

Talicia launches in the UAE

Posted on October 27, 2024

Israel’s RedHill Biopharma has launched its Talicia (omeprazole magnesium, amoxicillin and rifabutin) in the United Arab Emirates – making it available by prescription to treat adults with Helicobacter pylori (H. pylori) infection. https://www.redhillbio.com/news/news-details/2024/Talicia-Launched-in-the-United-Arab-Emirates/default.aspx

Posted in Economy & Business | Leave a comment

Personalized campaign really works

Posted on October 27, 2024

Israel’s Clinch (see here) has sold its Flight Control marketing campaign software to leading companies such as Coca-Cola, J.P. Morgan Chase, Hyundai, L’Oréal, Mars Wrigley, and Tesco. It now includes Copilot – an AI-powered guide to automate much of the … Continue reading →

Posted in Economy & Business | Leave a comment

Tel Aviv to New York flights

Posted on October 27, 2024

Issta, an Israeli charter airline, has rented a jet for return flights from Tel Aviv to New York, direct – with a refueling stop in Ireland. https://www.issta.co.il/flights/to/usa/new-york

Posted in Economy & Business | Leave a comment

100 startups launched

Posted on October 27, 2024

Cornell Tech – the school established by Cornell University and Israel’s Technion Institute have reached a significant milestone – creating more than 100 companies through its Runway Startups program. Those startups are now valued at $660 million and have created … Continue reading →

Posted in Economy & Business | Leave a comment

$80 million fund begins investing

Posted on October 27, 2024

Israeli venture capital fund New Era Capital Partners has closed the first $80 million of its target $150 million 3rd fund so that it can start investing in new Israeli startups. Its primarily focus will be on enterprise software, with … Continue reading →

Posted in Economy & Business | Leave a comment

Self-driving bus takes to the road

Posted on October 27, 2024

Israel’s Ministry of Transportation has authorized Israel’s Imagry (see here previously) to begin testing an autonomous bus on public roads in the northern city of Nahariya. The electric bus will run an 8km route beginning and ending at the Nahariya … Continue reading →

Posted in Science & Technology | Leave a comment

Recycling olive waste

Posted on October 27, 2024

After olives have been pressed into olive oil, the 85% solid residue (known as pomace) is usually burned or buried because it’s toxic, acidic, and stinks. Now Israel’s PhenOlives rescues the waste before it oxidizes, and converts it into safe, … Continue reading →

Posted in Science & Technology | Leave a comment

Space is closer then ever

Posted on October 27, 2024

Israel’s Rakia, which launched Israel’s Eytan Stibbe’s mission on the International Space Station, has now established the Israel Space Forum together with Israel Space Agency and the Israel Export Institute. Its aim is to grow an advanced Israeli space sector, … Continue reading →

Posted in Science & Technology | Leave a comment

Innovating on the border

Posted on October 27, 2024

Several Israeli and US organizations have opened Israel’s Climate Tech Innovation Center just 17 miles from the Lebanese border. They decided to keep the tech community together, where possible, both virtually and physically. 15,000 people have returned to the area … Continue reading →

Posted in Science & Technology | Leave a comment