Israel Active

OurCrowd’s Ely Razin writes that the Israel-South Korea defense partnership encompasses joint ventures, co-production, collaborative R&D, innovation funding mechanisms and funds such as the Trepont Fund launched by OurCrowd and Korean NH Ventures.

Israel’s Fieldin (see previously) has partnered with Nordson’s Arag to boost adoption rates of precision spraying (currently 10%) amongst US-based permanent crop growers. In the parts of Australia where Fieldin operates, 90% of farmers have adopted data-driven precision spraying.

Many Israeli developments also help the US military. Emergency bandage, armored bulldozers, Trophy active protection, countering IEDs, K9 dogs, anti-tunnels, precision missiles, F-35 add-ons, anti-drone systems, AI armored vehicles, cybersecurity, and much more.

Israeli startup Line 5 has emerged from stealth, raising $20 million, the largest seed funding in the defense tech sector so far this year. The company is named after the bus route where one of the co-founders’ friends was murdered. It is anticipated that Line 5’s new technology will be devastating.

Israel’s Celery uses AI to spot problems in seconds that used to take finance teams vast amounts of time – and may never have spotted. Duplicate entries, fraud, compliance breaches – all now a thing of the past. Celery is already used by dozens of US healthcare providers.

Japan’s giant telecoms provider KDDI Corporation, has partnered with Israel’s DriveNets (see previously) to accelerate the deployment of open network architecture across its national infrastructure. KDDI will install DriveNets’ Network Cloud software in its backbone core routers.

Israel’s Sightful (see previously) has launched Spacetop for Windows, a software-only version of its Augmented Reality (AR) laptop solution.

Israeli-founded Velotix has developed an AI-powered data security and governance platform that automates data access control. Its clients include AIG, London Stock Exchange, Deutsche Bank, and Bank of Singapore. Based in the USA with R&D operations in Israel.

A transformative gift from the Adelson Family Foundation will establish Bar-Ilan University’s Adelson Institute for Smart Materials. This first-of-its-kind research center will bring researchers and tech developers in AI, medicine, engineering, chemistry etc., together to create revolutionary new products.

Phase II of Israel's National Artificial Intelligence Program is to build a new National AI Supercomputer. At a cost of half a billion shekels, Israeli-founded Nebius, with R&D in Tel Aviv, has committed to delivering computing power of 16,000 petaflops, 9 times the current world leader.