Israel Active

Israel’s Eco Wave Power (see previously) is partnering with maritime engineering company Lian Tat, to develop wave energy projects in Taiwan. The first is the pilot for a 20MW power station which, if successful, will lead to more power plants on the island’s 1,500+ miles of coastline.

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U.S. IT giant Honeywell has acquired Israeli cybersecurity startup for “an estimated ”. US Spire Capital has acquired Israeli web intelligence company, , for approximately .

Israel’s HyperGuest’s platform helps hotels and suppliers connect directly with travel distributors, including online travel agencies, tour operators, and travel management companies. HyperGuest provides real-time connectivity, enabling hoteliers to streamline operations, increasing revenue and margins.

Israel’s CropX (see previously) has partnered with Germany’s AgTech giant Helm AG. CropX has integrated data from its farm management system soil sensors into Helm’s SKYFLD app, used by farmers around the world.

Israel’s Gable (see previously) has 40 companies using its platform to find co-working locations for its employees in 2,000 locations. Since its launch in Sep 2020, some 5,000 workers are using Gable, including Israel’s Augury which has employees using Gable in 17 cities globally.

In 1951, Prime Minister David Ben-Gurion announced his plan to engage Diaspora Jewry in the building of the reborn Jewish homeland through the sale of Israel Bonds. Today, Israel Bonds is a global endeavor that, to date, has achieved  $49 billion in worldwide sales.

A new bill has been introduced in Israel’s Knesset to end the requirement of US citizens to make payments to Bituach Leumi in Israel if they already pay social security in the USA. It can save up to 15% of income for dual US-Israeli citizens who still work in the USA.

The Maryland/Israel Development Center (MIDC) was founded roughly 30 years ago. Maryland is home to 42 Israeli companies with new headquarters opening for Elbit Systems (and its subsidiary Cyberbit), Evogene, and Medispec.

The Virginia Israel Advisory Board (VIAB) is a state agency helping Israeli companies build and grow their businesses in the U.S. state. Virginia hosts The Israel Innovation Center, with Meta, Alphabet, and Amazon moving in. Its location close to Washington DC could also be advantageous.