Israel Active

I reported previously about Israel’s ERM Advanced Telematics and its systems that prevents cyber-attacks on connected cars. ERM now protects and monitors 5 million cars globally. It is now expanding in Latin America, focusing on the fleet management and stolen vehicle recovery markets.

Octogenarian Oscar-winner Morgan Freeman will soon be seen all over Israeli billboards and television screens as the new face of Tadiran air conditioners. Freeman signed an agreement with Tadiran to lead the company’s advertising campaigns.

On March 7, 2019, in Jerusalem, Israel, over 15,000 people from over 120 countries are expected to attend the fifth annual OurCrowd Global Investor Summit. Its theme is “Startups: Making a Global Impact,” – their breakthrough technologies and their social impact in the world.

I’ve reported previously on Israel’s StoreDot and its innovative fast-charging batteries. Now, China’s EVE Energy Co. Ltd. has signed an agreement with StoreDot. to manufacture the Israeli company’s products for electric vehicles and mobile devices in China.

Israel’s Innovation Authority (IIA), has signed a Tech Collaboration Agreement with Healthcare multinational Reckitt Benckiser (RB). The IIA will help RB locate Israeli healthcare startups focusing on AI and blockchain and match investments that RB makes in them.

Czech car-maker Skoda has revealed that it is working with two Israel-based startups - Chakratec and UVeye and already testing their technologies. Skoda started seeking Israeli innovation in 2017 and has already partnered with Israel’s Anagog, XM Cyber, Guardian, and Otonomo.

Having broken the all-time record for tourist numbers to Israel, the Israel Hotel Investment Summit some of the top world hoteliers have come to Israel and are ready to invest.  In particular, the number of tourists visiting Jerusalem rose by 38% in the past year.

The Global Wage Report 2018/19 finds that the world’s average wage growth slowed in 2017 compared with 2016 and is considered the lowest rate since 2008. But in Israel, the average real wage has increased every year since 2013 when the rise was 1.4%. In 2017 wages rose 3%.

Vietnam Airlines has announced that it will start direct flights, twice-a-week, from Hanoi to Tel Aviv from Sep 2019. Vietnam Airlines CEO Thanh Tri Duong was reportedly in Israel in November for meetings on the new operation. He also signed a code-sharing agreement with El Al.

The United Nations has signed an $8 million agreement Israel’s MER for defense sensors in Africa where 61 peacekeepers were killed last year. In addition, Israeli water treatment technology company Odis has won a UN tender worth $42 million.