Israel Active

Israel’s Better Place went bankrupt in 2010 as its car battery swap concept was too novel an idea to catch on.  Now Chinese carmaker NIO is setting up a battery switching station network in Israel, expanding the 3,400 it operates in China and 250 others worldwide, mainly in Europe.

Israel’s Elvee is the world's first AI platform to solve employee attrition. Its analysis led to a unique AI solution monitoring 25,000 data points related to employees. It achieves nearly 90% accuracy rate in identifying workplace issues and successfully resolving issues that lead to attrition.

Israel’s Better Online Solutions (BOS) streamlines and enhances supply chain operations with robotic packaging, and RFID labelling and tracking. BOS has just secured new orders worth $270,000 from two food manufacturing customers for automated end-of-line systems.

Israel’s Meala FoodTech (see previously) has partnered with Swiss-Dutch dsm-firmenich to launch Vertis ™ PB Pea - a groundbreaking texturizing pea protein. It is designed to replace modified binders like hydrocolloids, maintaining natural ingredients in plant-based meat alternatives .

New video highlighting Israel’s HomeBioGas (see previously).

Doral Energy (Doral Group Renewable Energy Resources) construction of two large solar energy projects in the state of Indiana. The agreement, worth $1.3 billion, is with a group of institutions that includes major banks HSBC, Santander, and KeyBank.

A new startup AA-I Technologies, founded by Mobileye founder Prof. Amnon Shashua, has raised $20-30 million to transform AI into AEI (Artificial Expert Intelligence). It aims to develop reasoning models (intelligent digital agents) that will make decisions and perform processes like human experts.

Israel’s Foretellix has significantly expanded its Foretify platform, enabling autonomous vehicle developers “to slash development time in half and save hundreds of millions of dollars”.

Israel’s Francis Eco Sailing has launched the Corazine, Israel’s first-ever commercial electric boat, on the Sea of Galilee (Lake Kinneret). The 55-passenger, silent, zero-emissions, high performance vessel is named after the ancient village of Corazine (Chorazin) on the lake’s northern shores.

An Israeli delegation of 20 companies took part in the biennial international DSEI defense exhibition in Japan. They include , , , MagnaBSP, , Next-Dim, and ,  This year's exhibition is double the size of the 2023 event.