Israel Active

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Israel’s is to buy Israel’s in a deal worth around California’s Menlo Security Israel’s .

Israel’s Eco Wave Power signed a Memorandum of Understanding with India’s Bharat Petroleum to jointly develop wave energy projects across India. It will begin with a 100 kW pilot project at BPCL’s Mumbai Oil Terminals, with plans for larger commercial-scale installations across the country.

SoftBank and Hon Hai Technology (Foxconn) have for the first time implemented the two-phase direct liquid cooling technology from Israel’s ZutaCore (see previously) in an AI server using NVIDIA accelerated computing.

The Israeli pavilion at the International Tourism Bourse (ITB) fair in Berlin featured tour operators, hoteliers, airlines and more. Visitors could taste wine, experience a virtual tour Israel using Augmented Reality technology and had the chance to win a vacation package to Israel.

US Jewish venture capitalist Peter Kash made the prediction “By 2026, Israel will be an economy on steroids,” at the IATI MIXiii Health-Tech.IL Conference, Israel’s premier life sciences and health tech gathering. He was spot on in 2011 when he predicted Israel’s huge growth. (See also report)

The average wage of an Israeli employee rose by 5.1% in 2024, compared with 2023, the Central Bureau of Statistics reports. Even after inflation is taken into account real wages rose by 1.9%. The long-term average real wage in Israel has risen by more than 30% from 2011.

Ben Gurion Airport’s Terminal One will resume operations during the last week of March. Israel’s Airport Authority expects 1,377 flights, mainly Arkia, Israir, Wizz Air, and Ryanair to depart from Terminal 1 in April. EasyJet is expected to resume flights to Israel in June.

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Boston Scientific has acquired Israel’s for up to . California’s (Israeli founded) has acquired Israel’s for an estimated . US-based Dynatrace has acquired Israel’s for .