Simulators for Finland
Israel’s Simlat Ltd was selected to provide an Unmanned Air vehicle System (UAS) Training Center to the Finish Defense Forces.
Underground energy for Indonesia
Israel’s Ormat Industries has designed a 330-megawatt geothermal power plant in Northern Sumatra. It will also supply its Ormat Energy Converters, for which it will receive $254 million. The first phase of the plant will be ready for operations in 2016.
Citi gets intelligent in Israel
Citi Global Markets has opened a global financial data intelligence lab in Israel, as part of Citi’s Technology Innovation Center. The decision was based on Israel's potential talent and activities in data. The lab leads projects of complex processing in large real time data.
A business bridge to Michigan
60 per cent of US defense contracts touch the US State of Michigan and many involve Israeli companies. State Governor Rick Snyder has The Michigan-Israel Business Bridge (MIBB) officials’ phone numbers on speed dial, and he is planning to visit Israel in June, to promote business ties.
China goes Blue
China’s Guangdong Province water company is currently in the process of installing 75 water analyzing and control units supplied by Israel’s Blue I Water Technologies. The news comes on top of Blue I Water’s February’s announcement of deals in India and South America.
It doesn’t sound Chinese
Israel’s Lexifone, which has developed technology for simultaneous translation of telephone calls, has signed a memorandum of understanding for the establishment of a development center in Guangzhou, China.
Energy Independence Day
Sunday 31st March 2013 will forever be known as the day when Israel’s natural gas began flowing into Israel’s pipes. Gas flow from the Tamar natural gas field should end Israel's natural gas shortage, reduce electricity prices and improve the standard of living and the environment.
A miracle in Pennsylvania
(Thanks to Atid-EDI.) Ness Technologies of Tel Aviv has expanded its operation with a new development center in Pittsburgh, PA. Ness (Hebrew for “miracle”) specializes in software product engineering and systems integration, application development, consulting, and software distribution.
Tel Aviv is the world’s second most innovative city
Tel Aviv has been ranked the world's second "most innovative city" as part of the Wall Street Journal magazine and Citibank's City of the Year contest.
Ohio buys $42 million Israel bonds
In the largest single government purchase of Israel Bonds in U.S. history, the State of Ohio has increased its investment in Israel’s economy to a massive $80 million.