AI to fix your washing machine remotely
Israeli startup Veego uses artificial intelligence algorithms to develop products that when installed on gateway devices can automatically detect, analyze, and fix problems in smart home systems. Veego has just received financial backing from the venture arm of the Bosch Group.
AI to assess vehicle damage
Israel’s Ravin uses computer vision and machine learning to detect and analyze vehicle damage. It turns standard CCTV cameras or smartphone cameras into smart inspection tools, detecting more damage than the human eye can spot, thus reducing inspection costs. Shell Ventures has just invested.
Gold in Physics Olympiad
The Israeli team won gold, silver and bronze medals in the Asian Physics Olympiad in Australia. Aviv Tillinger won the Gold medal and 4th absolute place, the highest award given to an Israeli yet in this competition. Israel hosts 80 countries for the International Physics Olympiad in July.
MIT partners seven Israeli academic institutions
US MIT is working with Israel’s Technion, Weizmann, Hebrew U, Ben Gurion Uni, Tel Aviv Uni, Bar Ilan Uni, and Haifa Uni and institutes to to provide up to $30,000 funding for hi-tech projects.
US government award for Israeli cybersecurity
Israel’s CyberArk has been named a US Government Security News (GSN) Homeland Security Award winner for the third consecutive year. CyberArk is the platinum winner for “Best Identity Management Platform.”
Intel’s 9th generation processors designed in Israel
Sired from its Haifa team, Intel has launched the 9th Gen Intel Core - its “most powerful generation” of mobile processors for laptops. It is for powering games and heavy workloads like video editing and will be in new Acer, ASUS, Dell, HP, Lenovo and MSI laptops.
RAF deploys Israeli emergency beacon
The Emergency Personal Locator Beacon (EPLB) from Israel’s Elbit has begun operations for the UK’s Royal Air Force. The EPLB is attached to the pilot’s life jacket and emits two types of alerts if the pilot ejects or crashes. The all-weather device operates even if the pilot is unconscious.
New record for renewable energy production
On 23rd April, the Israeli Electric Company broke its 13th Feb all-time-record for energy produced from renewable resources. The production capacity was 1,326 megawatts, accounting for 19.3% of IEC’s total energy production.
Israel is 2nd most scientific
Israel is the second most scientific / innovative nation in the world, in a report compiled by engineering firm RS Components and published in the U.K.’s Daily Mail. Israel is ranked after the U.S. and ahead of South Korea. R&D spending and researchers per capita were key factors.
Celebrating Israel’s hi-tech achievements
The IVC (Israel Venture Capital) Research Center (founded in 1997) celebrated Israel’s 71st Independence Day by summarizing Israel’s current high-tech industry’s status and its achievements since IVC’s foundation in 1997.