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Author Archives: MichaelOrdman
Successful drone safety trial
Israel’s ParaZero Technologies has received a $187,000 order for its UAV safety systems from a US-based Advanced Air Mobility (AAM) company in the aerial vehicle industry. The order is the end of a long-term project with the client and now … Continue reading
Posted in Economy & Business
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Israir ends El Al’s USA monopoly
Israeli low-cost airline Israir plans to launch direct flights between Israel and New York this winter. Subject to US regulatory approval, it will operate four flights a week to Newark and will end El Al’s temporary monopoly on direct flights … Continue reading
Posted in Economy & Business
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Israel’s AI sector outpaces global rivals
Startup Nation Central reports that Israeli AI startups have grown 173% since 2014, far more than the 12% increase of non-AI startups. Also, Since 2018, Israel’s AI investment share has typically been 3-4 times higher than Europe and the U.S. … Continue reading
Posted in Economy & Business
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Tech startups raise nearly $1 billion in Oct
Israeli privately-held hi-tech companies and start-ups raised nearly $1 billion in October. The total raised in the first 10 months of 2024 was over $8 billion, surpassing the $6.9 billion raised in all of 2023. https://www.jns.org/israeli-high-tech-sector-raises-nearly-1-billion-in-october/
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Average wage rises more than inflation
In Aug 2024, Israel’s average monthly wage was NIS 13,138, up 5.3% from Aug 2023. Over the same period, inflation rose by 3%, making the average Israeli worker better off. Meanwhile, unemployment is at a 50 year low of 2.7%. … Continue reading
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Iron Beam will be a game-changer
Israel’s Brigadier General Ran Kochav, former commander of the Israeli Air Missile Defense Forces, believes that the introduction (next year) of the Iron Beam laser interception system will herald a profound change in the IDF. An excellent summary of its … Continue reading
Posted in Science & Technology
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Defense system innovator visits London
Israel Technion graduate Dr Irit Idan was the Executive Vice President for Research and Development at RAFAEL Advanced Defense Systems and is now CEO of Idan Technology Insights. UK readers can hear her speak on Dec 9 in London. https://technionuk.org/event/the-future-of-israels-defence-systems-dec24/
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It is rocket science
Technion Prof Alon Gany was awarded the 2025 American Institute of Aeronautics and Astronautics (AIAA) Wyld Propulsion Award for outstanding achievements in rocket propulsion systems. It recognizes his research on metalized propellants, energetic materials, hybrid rockets, ramjets, and scramjets. https://ats.org/ats-news/professor-alon-gany-receives-wyld-propulsion-award/
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Integrated cybersecurity
Two Israeli cyber megastars, CyberArk and Wiz have announced a strategic partnership to improve multi-cloud security for enterprises. It will help companies meet audit and compliance requirements while reducing the risk of unauthorized access. https://www.calcalistech.com/ctechnews/article/rkxojfmmjl
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Israeli AI partnership to maximize crop yields
Israel’s Fermata (see here previously) is partnering Israel’s yieldsApp to give farmers “personalized, real-time insights that ensure crops get the right nutrients and treatments…”. Feremata’s cameras and AI detect problems and yieldsApp offers solutions to increase yields. https://www.israel21c.org/double-dose-of-ai-to-help-farmers-maximize-yield/ https://www.yieldsapp.com/
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