Tag Archive for Israel technology

Unidentified Foreign Customer Seeks $1.2 billion in Israel’s Electronic Systems

Israel Aerospace Industries impending $1.2 billion deal with a foreign customer, evidently includes advanced radar systems.

 

Israel Aerospace Industries is negotiating the sale of $1.2 billion in electronic systems to an unidentified foreign customer, the state-owned company said in a terse Tel Aviv Stock Exchange announcement Sunday.

IAI drone.

An Israel Aerospace Industries Ltd. (IAI) Heron 1 unmanned aerial vehicle (UAV) stands on display at the Singapore Airshow, February 11, 2014. – Photo: Bloomberg

If IAI wins it, the contract will be for a five-year period and appears to include advanced radar systems.

IAI released the announcement shortly after another one forecasting negative cash flow from operations for the second quarter ended June 30, citing a delay in payments it is owed from the Defense Ministry.

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Israel’s MobileOCT Detects Cancer With a Mobile Phone

MobileOCT is a biophotonics company developing point-of-care solutions so that every person will be able to save their own life or the life of their loved one using accessible technologies.

 

When Apple founder Steve Jobs introduced the iPhone’s mobile app store with a catchphrase promising that whatever need one might have, “there’s an app for that,” he probably wasn’t thinking about screening for cervical cancer.

MobileOCT - Screenshot

MobileOCT – Screenshot

Although it’s the leading cause of cancer death among women in low-resource settings, cervical cancer can be easily treated on the spot with freezing gas if it’s caught in the first five years. Continue Reading »

Report: Cleantech & World Wildlife Fund, Ranks Israel #1 in ‘clean-tech’

 

Cleantech and World Wildlife Fund say Israel generates the right kind of ‘chutzpah’ necessary to breed clean, green innovations.

i24news

 

A new survey on countries with the best environment for “cleantech” innovation ranked Israel number one.

Wind turbines – Photo: AFP

The survey, executed by the Cleantech Group and the World Wildlife Fund, was released at the end of June.

The report states that it “investigates the countries where entrepreneurial clean technology companies are most likely to emerge from over the next 10 years – and why.”

The report said that Israel “generates the culture, education and ‘chutzpah’ necessary to breed innovation, plus it has the survival instincts to manage a resource-constrained geography.” Continue Reading »

Israeli ‘wearable robot’ gets FDA approval to allow paraplegics to walk

The FDA has approved Israel’s ReWalk, a set of motorized leg braces that is sometimes described as a robotic exoskeleton,for home use in the United States.

 

The U.S. Food and Drug Administration has approved a wearable support device produced by Yokne’am-based ReWalk Robotics that can help some people with spinal cord injuries to walk again.

ReWalk electric powered exoskeletal suit.

ReWalk electric powered exoskeletal suit. – Reuters

ReWalk, a set of motorized leg braces that is sometimes described as a robotic exoskeleton, was approved in the United States for home use only.

The braces support the wearer’s legs and lower torso, while the motors provide movements to the knees, thighs and ankles, enabling some paraplegics to sit, stand and walk.

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Israel Aerospace Industries to build world’s 1st elevated rapid-transit line in Israel

A pilot network will be built at the IAI campus in central Israel & if successful, will be followed by a fully operational rapid-transit system in Tel Aviv.

By Ari Rabinovitch

 

REUTERS – California-based skyTran has teamed up with Israel Aerospace Industries (IAI) to construct the world’s first public pilot project for skyTran’s elevated transit network.

An illustration of the Skytran transit system.

An illustration of the Skytran transit system. – Photo: www.skytran.us

A number of skyTran projects are being planned globally, including in India and the United States, pending the success of the pilot in Israel.

The pilot will be a 400-500 meter (yard) loop built at IAI’s campus in central Israel and, if successful, will be followed by a commercial network in Tel Aviv in the coming years, skyTran CEO Jerry Sanders told Reuters, without disclosing the cost.

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New emergency app being developed in Israel to help tackle kidnapping

In light of recent kidnapping, smart-phone technology reportedly being engineered to enable emergency distress button to alert authorities, without having to place call.

By JPOST.COM STAFF

 

 

A new smartphone app to help people from getting kidnapped is currently being developed in Israel, Channel 2 reported Monday.

smartphone

Smartphone. – Photo: REUTERS

As Israeli police and security forces search for three missing Israeli teenagers, believed to be kidnapped in the West Bank – the Shomron Regional Council is working on an app that will enable people in danger to report their location to authorities, without actually picking up the phone and placing a call. Continue Reading »

In Technology: Israel attracts Chinese investments

 

The ‘Start-up Nation’ draws in Chinese firms, who offer Israel funding & access to one of the world’s largest markets in return.

By Reuters

 

China’s purchase of a controlling stake in Israel’s largest food maker reflects a broader surge in Chinese investment in an economy largely tethered to Western markets.

Prime Minister Benjamin Netanyahu met in his Jerusalem office with Chinese Vice Premier Liu Yandong. May 19, 2014 – Photo: Amos Ben Gershom, GPO.

The deal, announced on Thursday, gives China access to Israel’s high tech expertise, cachet among consumers made wary by domestic food production scandals and an alternative place to put their money amid trade obstacles from a wary United States. Continue Reading »

Israeli PM off to Silicon Valley to meet WhatsApp co-founder

Prime Minister Netanyahu is scheduled to sign a “strategic cooperation” agreement with California’s Governor Jerry Brown to promote closer Israel-California economic ties.

 

 

Last week Jewish WhatsApp cofounder Jan Koum sold his company to Facebook for $19 billion; next week he is scheduled to meet Prime Minister Binyamin Netanyahu to discuss hi-tech opportunities in Israel.

WhatsAppNetanyahu, traveling Sunday to Washington and a meeting with US President Barack Obama, is to go to Silicon Valley on Wednesday in an effort to promote hi-tech investments in Israel. In addition to Koum, Netanyahu is expected to meet with heads of Apple, Flextronics, Linkedin, Ebay and the Sequoia Venture Capital fund. Continue Reading »

120 Israeli companies represented at int’l Mobile World Congress

 

Israeli hi-tech companies to showcase mobile innovation at Barcelona’s Mobile World Congress.

Among the exhibits range from app to pay bills at restaurants to smartphones that enables medical checkups.

By Ilan Gattegno

 

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2 Israeli Air Force pilots jailed after maps found on smartphones

 

IAF officials say incident undermines national security posed by mobile technology and enunciates that air force culture must be reconditioned.

 

Two Israeli combat pilots were jailed for five days and 12 others were disciplined for storing maps and other classified information on their smartphones, Army Radio reported this week.

Air force pilots.

Israel Air Force pilots.- Photo: Daniel Bar-On

The incident underscores the security risks posed by mobile technology and demonstrates that the culture of the air force must be overhauled, Israel Air Force officials said.

“The ease of photographing and sending pictures, maps and classified information has become the enemy of information security and endangers operational activity,” an air force officer said.

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