Partnering Israelis with Indonesians
The non-profit Israel-Asia Center is initiating Israel-Indonesia Futures Program. It will connect young Israeli and Indonesian leaders from different sectors to develop solutions in the spheres of health, food security and education, to address challenges in the post-pandemic era.
An Israeli Ocean innovation center in China
Israel’s Arieli Capital, which has setup several innovation centers in Israel, is now involved in establishing an Ocean technology innovation center in the Chinese city of Sanya. Its aim is to support Israeli and international companies focusing on ocean technologies and shipping.
Cheap flights to Dubai
Budget airline flydubai has added Tel Aviv to its routes. In a statement, it said it will operate 14 flights a week, offering a twice-daily service between Dubai International Airport and Tel Aviv Ben Gurion Airport. Flights will start on 26th November.
Safeguarding maritime shipping
Israel’s Windward (reported previously) has partnered four major maritime companies plus seven member Clubs, including The American Club, Britannia P&I, and Steamship. Windward’s predictive AI platform will give liability coverage to almost 65% of the world’s maritime trade.
Investment in Israeli startups (8/11/20)
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Turning sports fans into customers
Haifa-based Pico (not the Jerusalem Pico) has developed technology to turn engaged, anonymous sports and entertainment fans into marketable customers. It is working with 60 global sports teams such as LA Clippers and Borussia Dortmund. It has just joined the SAP.io foundry in Munich.
3D printers for Italy
Israel’s MASSIVit 3D (reported previously) has won a contract to supply Italy’s Biesse Group with 20 to 40 3D printers annually. The deal is said to be worth $60 - $80 million over 5 years. MASSIVit will also work on combining its technology with Biesse’s computer numerical control system.
Israel helps US Army to speak
Israel’s Gilat Satellite Networks, through its subsidiary Wavestream, has received multi-million-dollar orders from the US Department of Defense (DoD). Wavestream's 50W Ka-band military Block Upconverter (BUC) will power the DoD military communications program.
Intel acquires Cnvrg.
U.S. chip giant Intel has purchased Jerusalem-based startup Cnvrg.io for a reported price of $60 million. Cnvrg, develops a service for managing, speeding up, and scaling data science workflows, enabling clients to quickly develop, test, deploy, and refine machine learning models.
Amazon is recruiting in Israel
Retail giant Amazon is recruiting 150 more employees for its research centers and offices in Tel Aviv, Haifa, and Herzliya. This will raise its workforce in Israel to 1,300. Amazon’s General Manager said it “will enable us to tap into the amazing technology talent pool here in Israel”.