The largest acquisition in the Israeli robotics field was announced. Mazor Robotics, a Caesarea based company founded in 2001, was sold for $1.64 billion dollars to Medtronic plc, a medical technology company which sits in Dublin, Ireland. Mazor Robotics is known for their highly advanced medical devices to assist in spinal procedures. The relationship between… […]
The Japanese Israeli relationship is kicking into new gear, as the Japanese External Trade Organization, or JETRO, is dedicating one of its dozen international startup hubs to support Israeli entrepreneurs aiming to grow within the Japanese ecosystem. The Global Acceleration Hub, centered in Tel Aviv, will be a business center of sorts, providing free temporary… […]
In just four years, Israelâs plastic tableware consumption has grown by 51%. In 2014, sales were estimated at $124 million and in 2018, sales rose to $187 million. Despite the many environmental concerns and green initiatives from both governmental and private organizations, the growing statistic and reality is scary, and itâs not slowing down. Companies… […]
The next generation of entrepreneurial women is in rapid development thanks to female entrepreneurs creating opportunities which didnât exist when they were young girls. For the many women working and leading their own way in technology, a number of projects have risen to support the intellectual and emotional development lacking in most standard female education… […]
About one thousand Israeli surfers took to the Mediterranean Sea on Friday, June 22, not to surf, but to create the largest surf circle as a peaceful protest. The surfers gathered in Herzliya, a city just north of Tel Aviv in Israel to protest against a gas rig by Noble Energy, who wants to begin… […]
Two Israelis are changing the way people travel, live and work. Enter Selina, a new kind of hostel, and haven, to support both international traveler and local community. When two friends and real estate developers took to South America, they uncovered miles of beautiful beaches and untouched opportunity. Rafael Museri and Daniel Rudasevski lived in… […]
Israel is taking smart transportation seriously. The Transportation Ministry and Israel Innovation Authority are working together to dedicate upwards of $8 million dollars annually to promote and provide ways to advance smart transport. The collaborative forces are boosting Israel to the next level by shifting their infrastructure to support the fast-paced innovations and technologies rolling… […]
An injection of inspiration is being cast straight into Palestinian society. As part of Plan 922, a 2015 governmental proposal to distribute NIS 15 billion to the Palestinian technological sector, a new piece is being unraveled. The plan is aimed to create more jobs, bridge the income gap, and offer beneficial opportunities for the future.… […]
China and Israel are officially becoming a thing. A âtwinâ office is opening, connecting Beijingâs ZhongGuanCun Science Park, or Z-Park, with the startup city of Tel Aviv. An agreement was made on April 8 between Beijing Vice Mayor Yin Hejun and Tel Aviv Deputy Mayor Doron Sapir. The Z-Park partnership solidifies a budding hi tech… […]
Just fifty years ago, Israeli television broadcasted black and white images from the Independence Day Parade. Coming right up in May is the official 50th anniversary of Israeli broadcasting, and with plenty of reason to celebrate as Israeli television is stepping full force into the spotlight as an influential, innovative and ever-growing marketplace. It all… […]
The Holy Land has never been hotter, and the tourist industry isnât ready for it. Thanks to large efforts from the Israel Ministry of Tourism, the Open Skies Agreement, and the relatively peaceful state since summer 2014, a steady stream of tourists want to explore Israel â and surprisingly, tourist hot spots and its guides… […]
Today Israel runs on 70% natural gas, and by 2030, Energy Minister Yuval Steinitz plans to eliminate the use of fossil fuels entirely from the Israeli repertoire. Â Steinitz plans to ban the import of diesel-based cars in just over a decade, and forecasts that by 2030, Israel will run on 80% natural energy and the… […]
The Ramat HaNegev Desert Agriculture Center has grown a new, luxurious and exquisite truffle, one which they claim costs almost as much as silver â and about four times more than uranium. The newest desert truffle sells for about $120 per pound and is priced highly, as other truffles, due to their difficultly to cultivate.… […]
With over two million Israelis living beneath the poverty line, and just about a third of the countryâs food being thrown into the trash, there is one major issue blocking the creation of a sustainable solution – the legal system. For restaurants, event halls, hotels and other food institutions, who could potentially donate unused food… […]
Not surprisingly, banks and Bitcoin arenât getting along. In the most recent flurry of financial mayhem, droves of peoples are buying Bitcoin, and the banks around the world are not on board. The Bank of Israel stated that they will not recognize cryptocurrencies as legitimate currency, and it is currently considered a digital asset. While… […]
The Supermarkets Law is a new legislation presented by the Ultra-Orthodox Shas party in the Israeli government. The law is up for a vote, and if voted favorably, would allow the government to authorize that all supermarkets and convenience stories throughout Israel be closed on Shabbat, from Friday evening to Saturday evening, with the exception… […]
Born in 1951, Teva Pharmaceuticals has since grown into a multinational pharmaceutical giant. Headquartered in Israel and with locations in Europe and North and South America, Teva is in a time of crisis. Since the death of Tevaâs âfather,â Eli Hurvitz, in 2011, the company has declined in many ways, and with new CEO Kare… […]
Imagine being able to save six billion male baby chicks from dying every year? Because they donât lay eggs and cannot be used for poultry, billions of baby chicks are murdered and discarded annually. An Israeli startup, eggXYt, aims o save the chicks and found a solution which saves money and lives, decreases waste, and creates exponential… […]
Three years ago, the Energy Ministry and Electric Authority of Israel set a goal to produce 10% of Israelâs power from alternative energy sources by 2020. Due to their own restrictive rules, however, only about 2% of Israelâs electricity is currently being produced by solar and wind sources. The institutions, in support of their prior… […]
Given the large and hopeful demands by Israeli consumers, Amazon is considering setting up a shipping center in Israel. The online retail giant has numerous teams on site, both Israeli and international, to scope the logistics of what this would mean. A real estate team is inquiring about possible warehouse locations, and a shipping center… […]
