Israel Active

Independent research and consulting firm Frost & Sullivan has named two Israeli companies in its 2021 Entrepreneurial Company of the Year list. Windward was recognized for its AI maritime systems and Aura Air for its technology to counter coronavirus.

Dun & Bradstreet reported that Israel’s economy grew by seven percent in 2021, beating a global average of 5.9%. 17,000 more businesses opened or re-opened than closed during the year.

Israel’s Salt Security (see previously) has just raised $120 – 150 million at a valuation of $1.5 billion, becoming Israel’s latest startup with the investment status of a Unicorn.

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In Dec 2021, Israel's said it was being acquired by US Gilbarco Veeder-Root s for In it said it was being acquired by North Carolina's Vontier Corporation.

Israel’s Pixellot (see previously) has signed a deal with Dubai-based sports broadcast system integrator Cam Plus Sport to “enable sports clubs and schools across the United Arab Emirates to create high-quality livestreams and on-demand recordings of sports matches.

Israel’s Better Juice (see previously) has sealed its first commercial deal. GEA Group, AG, Germany, a major US fruit juice manufacturer will help to bring Better Juice’s reduced-sugar juices one step closer to supermarket beverage aisles. Better Juice was also granted a new European patent.

Since February, Israel’s Flytrex (see previously) has increased its drone delivery business in North Carolina, USA more than tenfold. Its three drone stations at the Holly Springs Town Center make dozens of food orders deliveries a day for restaurants and retail chains.

Israel’s Ministry of Innovation, Science and Technology has launched a new "Knowledge Accelerator" program to promote research for industry. It awarded NIS 10.8 million to Ben Gurion University to create “The Lab Pre-acceleration Program” within its Yazamut 360° Oazis accelerator (see ).

The United Arab Emirates hosted a first-of-its-kind business conference on Israeli technology and innovation, in the UAE’s Israel embassy. Some 200 people attended the summit, including a UAE delegation led by two UAE ministers.