Israel Active

Luxury automobile manufacturer Jaguar Land Rover (see previously) has announced it will tap Israel’s ecosystem for digital technologies, security, and mobility software. The company’s parent Tata already has 1,100 employees at its TCS IT services and consulting firm in Petah Tikvah.

The Tel Aviv Stock Exchange and Israel’s Finance Ministry have completed the proof-of-concept phase for a digital Israel Bond – the world’s first. A “go-live” event with world banks took place on May 31. When launched, the bond will be traded on a dedicated blockchain platform.

So many positive international business connections were made at the recent Israel-Japan Conference in Tokyo. These articles feature Japan’s Toyota Tsusho, Japan’s Dentsu Israel, Israel’s J-Ventures, and Israel's Ambassador to Japan Gilad Cohen.

The 11th annual EcoMotion conference welcomed more than 3,600 participants from more than 60 countries to Tel Aviv. Key topics were batteries, energy storage and cybersecurity. Top executives from Audi, BMW, Renault, and Toyota heard a “white” hacker identify security weaknesses in many vehicles.

Israel’s Ceragon Networks (see previously) has won a multi-year contract worth $4.2 million with the city of Cincinnati to upgrade its public safety network. Ceragon will increase network capacity, efficiency, and lifespan, while supporting AI, automation, and real-time video.

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Israel’s XJet (see previously) which develops inkjet technology for 3D printing of small metal and ceramic parts, is seeking to raise about $10 million from an initial public offering (IPO) of shares on the Nasdaq. XJet’s 100 employees doubled revenue to $6 million last year.

Israel’s Airtouch Solar (see previously) will supply its waterless cleaning robots to Adani Green Energy Limited, the leading Indian energy developer in a deal worth $2.5 million. It will boost energy production and save hundreds of thousands of liters of water.

10 years ago, in May 2013, Israeli electric car network pioneer Better Place went bankrupt. But it has had a huge impact on the global EV market and positioned Israel at the forefront of autonomous vehicle and battery charging technology.

Always good to read initiatives to reduce pollution on Israeli roads. Israeli telecoms company Partner is switching most of its employees’ cars from gas to electric. Dozens of charging stations are installed at Partner's Rosh Ha'ayin HQ as it already has one of Israel’s largest corporate electric car fleets.