The Layoffs Project is a non-profit website developed by Israel’s fresh.fund (see here) and US-based Angular Ventures that matches out-of-work tech workers with current tech vacancies. Some 350 people have signed up at the site to look for jobs and … Continue reading →

Engineering students at Israel’s Shenkar College of Engineering and Design have developed the Dronet system – 4 network-connected drones to transport loads efficiently. It includes an app to control a drone’s flight path and transport cargo in a safe and … Continue reading →

Israel’s Nutritional Growth Solutions (NGS) – see here previously – has launched its Healthy Heights growth formula in South Korea through a deal with Coupang, Korea’s largest retailer with 18 million customers. Healthy heights helps children ages 3 – 9 … Continue reading →

Israel’s Amdocs (see here previously) reported record revenues of $1.16 billion in the second quarter of 2022 8.8% more than the corresponding period in 2021. It also has a record orders pipeline of nearly $4 billion. https://www.calcalistech.com/ctechnews/article/h1ec100ypc

Israeli software company Nice just reported second quarter total revenues up 16.1% to $530.6 million on the same period in 2021. Gross profit for Q2 was $365.7 million compared to $306.3 million last year. https://www.calcalistech.com/ctechnews/article/h1ibtsjc5

Israeli defense electronics company Elbit Systems has been awarded a $660 million contract to provide intelligence systems to a European country. The contract will be undertaken over four years, plus 10 more years’ maintenance. In June, Elbit Systems won contracts … Continue reading →

French supermarket giant Carrefour is on track to open its branded shops by the end of this year (see here previously). Now Dutch-owned international supermarket chain SPAR has also signed agreements to open branches in Israel. https://en.globes.co.il/en/article-netherlands-based-retail-chain-spar-to-enter-israel-1001418985 https://www.timesofisrael.com/arrival-of-french-supermarket-giant-carrefour-will-drop-living-costs-lapid-predicts/

Israel’s Ministry of Economy is providing another NIS 20 million to the Advanced Manufacturing Institute to implement innovative technologies and advanced production methods in factories and improve productivity. It is in addition to funds already allocated to establish the institute. … Continue reading →