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Monthly Archives: November 2024
Cycling team is 11th best in the world
Professional cycling team Israel-Premier Tech has concluded its 10th and most successful season, ranked 11th worldwide. Co-owned by billionaire philanthropist Sylvan Adams, IPT competed in 88 races, securing 29 stage victories and 88 podiums and globally promoted the best face … Continue reading
Renewable energy storage for the UK
Israel’s Nofar Energy (see here previously) has secured funding of up to £152 million to help supply one of UK’s biggest energy storage facilities – the 624 MWh Cellarhead project being built near Stoke-on-Trent. Nofar recently completed the 60MWh Buxton … Continue reading
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Communications devices for US Air Force
Israel’s Silynxcom (see here previously) has received a new order from the United States Air Force for its innovative tactical communication products. The equipment is based on a new system configuration, customized for the USAF. https://www.silynxcom.com/silynxcom-receives-order-from-the-u-s-air-force-for-innovative-headsets/
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Startup investment – to 24/11/24
Cyera raised $300 million; TailorMed raised $40 million; Prompt Security raised $18 million; Spines Publishing raised $16 million; CommBox raised $15 million; Twine security raised $12 million
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Exits, mergers & acquisitions – to 24/11/24
Israel’s Wiz has acquired Israel’s Dazz for $450 million. Israel’s Cyera has acquired Israel’s Trail Security for $162 million. (TY Yanky) Trail has only been in existence for a year and doesn’t even have a website. Israel’s Innovid has merged … Continue reading
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Learn to be a Venture Capitalist
To prepare the next generation of investors and entrepreneurs, Israel’s Reichman University has introduced a comprehensive Venture Capital Investments course for its students. It is led by Amit Pilowsky, Co-Founder and Managing Partner of Key1 Capital, and previously at Goldman … Continue reading
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Stimulating brains in the Far East
Mental Health centers in Taiwan and South Korea have bought 15 Deep Transcranial Magnetic Stimulation systems from Israel’s BrainsWay (see here previously). https://www.brainsway.com/news_events/brainsway-further-penetrates-east-asia-with-placement-of-15-additional-deep-tms-systems-in-taiwan-and-south-korea/
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All-round vision for NY bus drivers
The Smart Vision® CMS Advanced Driver Assistance System from Israel’s Gauzy (see here previously) has fully replaced traditional side mirrors on the Capital District Transportation Authority (CDTA) of New York’s public buses. The camera system reduces blind spots. https://investors.gauzy.com/news-releases/news-release-details/gauzys-advanced-driver-assistance-system-adas-fully-replaces
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European country’s $335 million order
Israel’s Elbit has received an order from an unnamed European country for $335 million worth of defense systems. The order includes Elbit’s Hermes™ 900 Unmanned Aircraft Systems. The systems will be delivered over a three and a half year period. … Continue reading
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Domestic solar energy
Israel’s Enlight Renewable Energy (see here previously) has begun the full commercial operation of its renewable energy and storage cluster in Israel’s newly deregulated electricity industry. Enlight’s 12 facilities generate 254MW, supplying households, small businesses and industrial clients. https://www.globenewswire.com/news-release/2024/10/14/2962401/0/en/Enlight-Announces-the-Full-Commencement-of-Commercial-Operation-of-the-Solar-Storage-Cluster-in-Israel.html
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