Monthly Archives: May 2025

Oddity is now worth $3 billion+

Posted on May 19, 2025

Israeli-founded Oddity (see here previously), with its Israeli R&D center has soared in value since its IPO on Nasdaq. CEO Oren Holtzman’s decision to launch into the cosmetics web-based business market was certainly astute. Oddity still has 20 physical stores … Continue reading →

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Shuk Olim

Posted on May 19, 2025

Nefesh B’Nefesh partnered with Azrieli Tel Aviv and the Tel Aviv Municipality to host over 50 immigrant-run businesses at the first Tel Aviv “Shuk Olim”. The open-market event connected locals, tourists and fellow immigrants, to celebrate the creativity, resilience and … Continue reading →

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Arkia expands New York service

Posted on May 19, 2025

Israeli airline Arkia has taken up the opportunity left by the suspension of US carriers’ services to Israel. Israel’s second-largest carrier will now offer five weekly non-stop flights to New York’s JFK International Airport, as well as adding “low-price” business … Continue reading →

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$2.8 billion gas deals

Posted on May 19, 2025

Israel’s Kesem Energy has signed a $2 billion agreement with Energean to receive natural gas for 17 years from the Karish-Tanin gas fields and a $700-800 million agreement with the Tamar partners until 2035. The gas will fuel a power … Continue reading →

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Smart Materials Institute

Posted on May 19, 2025

A transformative gift from the Adelson Family Foundation will establish Bar-Ilan University’s Adelson Institute for Smart Materials. This first-of-its-kind research center will bring researchers and tech developers in AI, medicine, engineering, chemistry etc., together to create revolutionary new products. https://www.jns.org/wire/adelson-family-foundation-bar-ilan-launch-first-of-its-kind-institute-for-smart-materials-development/

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Building Israel’s AI supercomputer

Posted on May 19, 2025

Phase II of Israel’s National Artificial Intelligence Program is to build a new National AI Supercomputer. At a cost of half a billion shekels, Israeli-founded Nebius, with R&D in Tel Aviv, has committed to delivering computing power of 16,000 petaflops, … Continue reading →

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Grants for 8 sustainability projects

Posted on May 19, 2025

Eight inter-university research centers led by Israel’s Technion Institute have been awarded government grants in the fields of sustainability and climate. They include two researching alternative fuels, two relating to food, and two researching water systems and quality. https://www.technion.ac.il/en/blog/article/eight-technion-led-research-centers-awarded-pbc-grants/

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Biotechnology Olympiad

Posted on May 19, 2025

Five top Israeli students competed in the final of the 8th Biotechnology Olympiad hosted by Israel’s Technion. The winner was Alice Sibak from Amal Bet High School in Petah Tikva. She has researched mutant Alpha-1-Antitrypsin proteins – a deficiency that … Continue reading →

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Even smaller chips

Posted on May 19, 2025

Scientists at Israel’s Technion have discovered a form of quantum entanglement in the total angular momentum of photons confined in nanoscale structures. This discovery could play a key role in the future miniaturization of quantum communication and computing components. https://www.technion.ac.il/en/blog/article/technion-researchers-discover-a-new-type-of-quantum-entanglement/ … Continue reading →

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Israeli defense tech showcased in Athens

Posted on May 19, 2025

The Israel Defense Ministry led a showcase of defense innovation at DEFEA 2025 in Athens. 25 top Israeli companies presented advanced technologies, from autonomous drones to secure battlefield communications, and flexible solar-powered energy systems. https://www.jns.org/israel-showcases-cutting-edge-defense-tech-at-defea-2025-in-athens/

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