Monthly Archives: April 2025

Lemonade’s $1 billon of fizz

Posted on April 6, 2025

Israel’s Lemonade, the AI-powered digital insurance firm (see here previously) has passed $1 billion of In Force Premium (IFP). It marks a significant milestone for the company, achieved just 8.5 years after selling its first policy. https://www.reinsurancene.ws/lemonade-passes-1bn-in-premiums/

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New El Al route to Albania

Posted on April 6, 2025

El Al is launching direct, nonstop flights, 3 times a week, between Tel Aviv and Tirana, Albania, through its low-cost subsidiary, Sundor. Albania only has 60 Jewish citizens, but is building two Jewish museums, in Tirana and Vlora. Other sites … Continue reading →

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More flights to Bucharest

Posted on April 6, 2025

Israeli airline El Al has signed a codeshare agreement with Romanian state-owned TAROM Airlines. The number of weekly flights on the Tel Aviv to Bucharest route will increase to 18, and the first flight under the new agreement was scheduled … Continue reading →

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AI translating all TASE reports into English

Posted on April 6, 2025

The Tel Aviv Stock Exchange (TASE) has commissioned Israel’s TipRanks, to develop a AI-based system to translate listed company reports into English. It is part of the initiative to increase global investors’ exposure to the 487 TASE-listed companies. https://www.prnewswire.com/news-releases/ai-powered-english-translation-to-enhance-global-accessibility-of-tase-listed-company-reports-302391368.html

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Multiple green energy projects

Posted on April 6, 2025

Israel’s Enlight Renewable Energy is to build a $1.1 billion 100MW per hour solar-power plant and data center in Ashalim, southern Israel. It has also signed contracts for NTA (Tel Aviv Metro), Big, SodaStream, Applied Materials, Amdocs and others, who … Continue reading →

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Storing data as DNA

Posted on April 6, 2025

Researchers at Israel’s Technion Institute have developed DNAformer – a technology for encoding, retrieving, and rapidly reading data stored in DNA molecules. DNA takes up 100 million times less space, lasts hundreds of millennia, saves energy and emissions, and is … Continue reading →

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A quality code-generator

Posted on April 6, 2025

Artificial Intelligence (AI) is being widely used to create computer code, but the code generated is often over-complex, full of bugs and security flawed. Israel’s Qodo (see here) sets a new standard for efficiency in code understanding, enabling AI systems … Continue reading →

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Even more lifting power

Posted on April 6, 2025

Israel’s Heven Drones (see here previously) has increased the size of the loads they can carry. The hydrogen-powered Raider drones can carry up to 50 pounds and fly for up to 12 hours. https://www.timesofisrael.com/israels-heven-drones-says-its-hydrogen-fueled-flying-robots-are-a-military-game-changer/

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Turning Haifa green

Posted on April 6, 2025

Haifa bay’s heavy industry is to be replaced with green spaces, housing and commercial areas. The key event will be the closure of the Bazan oil refineries, which is now scheduled for 2030. Haifa will remain home to the country’s … Continue reading →

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A miniature nuclear reactor

Posted on April 6, 2025

Israel’s Megatron N.R.G. is developing a nuclear fusion energy reactor no bigger than a desktop computer. It says it has achieved ongoing fusion events in the lab by using micro-entities called stable plasmoids – tangled bundles of super-hot charged gas … Continue reading →

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