Author Archives: MichaelOrdman

Exits, mergers & acquisitions – to 22/9/24

Israel’s Playtika is acquiring Israel’s SuperPlay for at least $700 million.

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40,000 safer delivery vehicles

One of the world’s largest express delivery companies has ordered 40,000 licenses for software from Israel’s Cipia (see here previously). The Cipia system monitors drivers for distraction and drowsiness levels, creating a safer driving experience. https://cipia.com/news/40k-order-for-leading-express-delivery-fleet/

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Innovating for the future

There’s just time to register for this Technion Institute webinar on 25 Sep at 5pm BST (midday EST). You will learn how the Technion’s close ties with industry and its entrepreneurial-focused programs, accelerators, and incubators help transform research into reality. … Continue reading

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Meta accelerates AI startups

Meta (Facebook, WhatsApp etc.) has launched AI Accelerator TLV for early-stage Israeli B2C AI startups. Its first 10 selections are QRGenetics, Twee, Lucid Dreams, Adge.ai, Vinst, Weavy, Spines Publishing, OrCam (Hear), Panjaya, and an unnamed startup which is in stealth … Continue reading

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1,600 companies provide internships

Since 2011, jInternship has provided Jewish college students and young professionals with the opportunity to spend time in Israel, developing themselves professionally and personally through engaging internship programs while connecting to their Jewish identity. https://www.jns.org/wire/amid-rising-antisemitism-jewish-students-find-connection-and-growth-via-israeli-internships/ https://jinternship.com/  

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Eilat sponges can purify water

Tel Aviv University researchers have discovered that the Eilat sponge Theonella conica contains the bacterium, Entotheonella sp. This acts as a “detoxifying organ” converting poisons and metal pollutants into harmless minerals. It may lead to new water treatment solutions. https://unitedwithisrael.org/new-bacteria-in-eilat-sponges-could-transform-water-purification/

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Jerusalem’s new bus terminal

The new half-billion-shekels Haarazim transportation hub has opened in Jerusalem on Route 1. It includes 12 bus platforms servicing Bnei Brak, Petah Tikva, Netanya, Safed, Haifa, Rehovot, and more. It has 215 rapid electric bus charging stations, and a 200,000 … Continue reading

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Anything women can do….

Following the life-saving innovations developed by female students at Jerusalem College of Technology’s Hack.Her.IT competition (see here previously), the men had a go at JCT’s 8th annual Great Minds Hackathon. The winner, Campaign Matcher, built an AI web-based fundraising support … Continue reading

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Grasping the future

Israel’s Pickommerce (see here previously) has developed PickoBot – a robot that can pick and place inventory in a warehouse. It uses a computer vision system powered by machine learning that enables the safe and intelligent packaging of objects of … Continue reading

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Advanced helmets for pilots

At the UK’s Farnborough Airshow, Elbit Systems displayed its advanced helmets. The modular X-Sight for helicopter pilots delivers a crisp, clear, and precise AI image. The Zero G represents a significant upgrade to the advanced helmet used by F-35 pilots … Continue reading

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