Fujitsu to open R&D center

Japan’s Fujitsu is to open a new Tel Aviv center for research and development in Apr 2023, focusing on innovation in the field of data and security. It follows the establishment of the "Fujitsu Cybersecurity Center of Excellence in Israel" at Ben Gurion University in 2021 (see previously).

Investment in Israeli startups to 11/12/22

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A Whopper of an opportunity

Israel’s Meat the End (MtE) is expanding production thanks to its deal to develop vegan Whoppers and no-chicken nuggets for Burger King Israel (see previously). MtE is installing €1.5 million of artificial-intelligent extrusion machinery to produce its plant-based textured protein.

The best new hotel in the world

The David Kempinski Tel Aviv (see previously) was named “Best New Hotel in The World 2022” at the 14th edition of luxury travel awards ceremony, the ULTRAs, in London. The 5-star hotel is the European luxury hospitality group’s first property in Israel.

8,000 new hotel rooms

The Israeli Tourism Ministry is to build some 8,000 new hotel rooms in the next two years. Hotel occupancy rates are nearing pre-pandemic levels as the tourism industry picks up again. Plans are to add 770 rooms in the north of the country, 2,100 rooms in the South, and 1,650 rooms around the Dead Sea.

Consortium for autonomous vehicles

Israel’s AVATAR Consortium comprises Rafael, Opsys, ThirdEye, VayaVision, Cognata, Ebit, and nearly all Israeli universities and technical institutes. They are testing autonomous vehicle decision-making to develop a framework for advanced Israeli technologies.

10 more on bridge to Silicon Valley

Israeli NGO ICON (see previously) has announced the 10 Israeli startups to complete its latest SV101 accelerator program for connecting and expanding to Silicon Valley. They are , , , , , , , , Redefine, and Silk.

Energy deal with Morocco

More details of the deal that allows Israel’s NewMed to search for natural gas deposits off the Atlantic coast of Morocco (see previously). The 8-year agreement includes geological and geophysical analysis with initial exploration drilling anticipated after about 2.5 years.

Partnership to save lives on the road

Leading Japanese electronics manufacturer Murata has partnered with Israel’s Autotalks (see previously) to launch the most mature mass-market ready V2X (vehicle to anything) communications module. It will operate with either of the two global V2X communication standards.

Fleet Management Innovation of the Year

Israel’s Otonomo (see previously) has been awarded “Fleet Management Innovation of the Year” by the 2022 AutoTech Breakthrough Awards. Otonomo’s Maintenance and Mileage dashboards provide customers with a 360-degree view of all relevant vehicle data.