No slowdown here
The Bank of Israel has just issued its survey of Israeli companies for the first 3 months of 2012. It shows that business sector activity expanded in the first quarter of 2012, reversing the slowdown trend reflected in the survey in the second half of last year. Industrial output increased and confidence is high.
On the Russian track
Israel’s Orbit Technologies Ltd has won a NIS 5.6 million order from the Russian Federal Space Agency to supply low-earth orbit remote sensing satellite tracking and communications systems for ground stations to cover the Russian Federation.
Flying to the Finnish
Israel’s Aeronautics Ltd has just won a $30million order to supply hundreds of mini Unmanned Arial Vehicles (UAVs) to the Finnish army.
Tel Aviv – one of the best places for success
According to a study by Silicon Valley’s Startup Genome Project, Tel Aviv ranks 5th in the world’s top “start-up success ecosystems.” behind Silicon Valley, New York, London, and Toronto, but ahead of Los Angeles, Singapore, Sao Paulo, Bangalore, Seattle, Paris and Chicago.
Wifi tags are worth their weight in gold
We’re just waiting for the name of the company that has offered to buy Israel’s AeroScout for $240 million. AeroScout is the developer of WiFi-based RFID tags used for the tracking and monitoring of valuable enterprise assets.
It’s now “Scale-up Nation”
The “Start-up Nation” is about to grow up. So says Jonathan Medved, CEO of Israel’s mobile software platform provider Vringo Inc. Every one of us is touching Israeli technology in computers, instant messages, cell phones, voice mail, flash memory.
Swiss investor likes Israeli clean-tech
The Swiss company ABB Technology Ventures has joined the financing round for two Israeli companies. TaKaDu monitors for leaks in systems run by water companies (including in London). Pentalum’s technologies make wind energy systems more efficient.
Helping build BC and Israel
British Columbia Premier Christy Clark announced a delegation to Israel to commercialise medical technology and spur even more innovation in order to “create jobs that put food on dinner tables in both British Columbia and in Israel”.
Robots link Israel and India
The Confederation of Indian Industry (CII) and National Committee on Robotics and Automation recently organized a mission to Israel with the purpose of strengthening Indo-Israeli collaboration on robotics and automation.
WiFi to 41 million Chinese
Liaoning Province in northeast China has deployed 2500 base stations from Israel’s Alvarion. The 41 million residents of the province includes 24 million in rural areas that currently have no telephony or internet connections. Further sales to China are expected following this latest project.