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  • mayay 4:15 pm on October 23, 2014 Permalink
    Tags: education news, hebrew university donors, , helmsley charitable trust israel, israel education news, israel us donors, technion institute of technology donors   

    Helmsey Charitable Trust Donates Over $9.6M In Grants To Israeli Institutions 

    HelmsleyOctober 23, 2014 | The US-based Helmsley Charitable Trust announced that it will issure more than $9.6 million in grants to Israeli institutions. Since the Trust began awarding grants to Israeli institutions in 2009, over $131.8 million has been committed to a wide range of charitable organizations. The Trust will grant $1.5 million to the Technion Israel Institute of Technology, $2.236 million to the Hebrew University, $5.736 million to the Weizmann Institute and $191,000 to the Jerusalem Center for Public Affairs. The Helmsley Charitable Trust was established in 2008 and has donated over $1 billion to charitable organizations all over the world.

  • mayay 4:03 pm on October 23, 2014 Permalink
    Tags: ebit systems contracts, , elbit systems asia, israel military tech companies, , ,   

    Elbit Systems Wins $85M In Contracts From Asia 

    October 23, 2014 | The Israeli military and security technology company Elbit Systems won $85 million in contracts from an unnamed Asian country. According to reports, the majority of the amount will go towards an F-5 aircraft avionics upgrade program, and the rest will go towards communications and electro-optics systems. The F-5 is a very maneuverable fighter jet that serves customers like the United States, Switzerland, Norway and Brazil. Elbit Systems was founded in 1996 and is headed by Chairman Michael Federmann and President and CEO Bezhalel Machlis.

  • mayay 3:52 pm on October 23, 2014 Permalink
    Tags: 23andme, dna-based ancestry results, gilad japhet, , , sergei brin wife,   

    MyHeritage To Partner With 23andMe For DNA-Based Ancestry Results 

    October 23, 2014 | The Israeli genealogy search engine MyHeritage will team with the personal DNA service 23andMe to make it possible for users to take personal DNA tests to discover more about their family history. According to reports, the first stages of integration between the companies is set to be completed in early 2015. “Combining genealogy with DNA-based ancestry is the next evolution in uncovering family history,” said MyHeritage founder and CEO Gilad Japhet. MyHeritage is the online platform that allows users to discover their family history and create family trees by conducting ancestry research in the site’s 5.5 billion historical documents. 23andMe was founded by Anne Wojcicki, Linda Avey, and Paul Cusenza and provides ancestry-related DNA reports.

  • mayay 3:43 pm on October 23, 2014 Permalink
    Tags: beta-o2, bio artifical pancreas, cure of type 1 diabetes, diabetes med companies, , israel diabetes research,   

    Beta-O2 Successfully Implants First Bio-Artifical Pancreas 

    betao2logoOctober 23, 2014 | Beta-O2 Technologies announced that the company’s first broad study of the ßAir Bio-Artificial Pancreas has been successfully implanted. ßAir is a treatment still under development for Type I diabetes, with hope that it may even be a cure. The eight participants in the study will be treated and observed at Uppsala University Hospital in Sweden. According to Beta-O2 chairman, if the eight-person trial is successful, it will be necessary to carry out an efficacy trial on an addition 50 patients, after which it will be possible to market the product. Beta-O2 was founded in 2004 and is headquartered in Rosh HaAyin, Israel.

  • mayay 3:32 pm on October 23, 2014 Permalink
    Tags: companies with israel r&d centers, dsp group and qualcomm partnership, dsp group israel, , israeli r&d, qualcomm israel,   

    DSP Group and Qualcomm Partner On Latest Coms. Tech 

    dsplogoOctober 23, 2014 | The wireless chipset provider DSP Group announced that it has partnered with Qualcomm subsidiary Qualcomm Atheros. The DCX81 DECT/CAT-iq/ULE (Ultra Low Energy) System on a Chip (SoC) can be integrated with Qualcomm’s Internet Processor to enable the delivery of advanced cordless phone features like multi-line, multi-call and multi-handset enhanced with HD voice. “We are excited to work with Qualcomm in facilitating the development of next-generation converged communication solutions with unprecedented performance and power efficiency,” said Daniel Estrakh, Cordless Product Director at DSP Group. Though both companies are based in the United States, DSP Group have a R&D center in Israel, as does Qualcomm.

  • mayay 3:21 pm on October 23, 2014 Permalink
    Tags: breath tests for digestive tract disorders, breathid hp, exalenz bioscience, , , israel health tech, liver disease tests   

    Exalenz Bioscience To Begin Liver Disease Diagnostics Trial 

    ExalenzlogoOctober 23, 2014 | The Israeli biomedical company Exalenz Bioscience announced that their noninvasive diagnostics will now begin clinical trials for diagnosing diseases in the liver. Exalenz developed a system for diagnosing diseases in the digestive tract by testing the composition of the air in the patient’s mouth. Now the company will begin clinical trials to identify disease in the liver using the same method, but a different biological indicator. As a result, Exalenz’s share price rose 2 percent on the Tel Aviv Stock Exchange, giving the company a market cap of NIS 83.5 million.

  • mayay 2:52 pm on October 23, 2014 Permalink
    Tags: , elbit trademarks, everysight wearable computing tech, , meir shamir, meir shamir elbit shares,   

    Meir Shamir Purchases $5M In Shares In Elbit’s Everysight 

    October 23, 2014 | According to a “Globes” report, Meir Shamir has purchased $5 million worth of preferable shares in Elbit System‘s wearable computing technology company Everysight. The report states that Shamir, owner of Mivtack Shamir Holdings, purchased the shares together with LR Group’s Ami Lustig and Roy Ben-Yami. In addition, Ben-Yami was appointed chairman of the board together with three other Elbit executives: CFO Joseph Gaspar, Aerospace Division General Manager Yoram Shmuely and VP Asaf Ashkenazi. Meanwhile, Elbit has submitted a trademark application for Everysight’s technology in the US.

  • mayay 2:41 pm on October 23, 2014 Permalink
    Tags: best israeli security companies, countries with strong security infrastructure, isds, , israel security news, olympics security, security news   

    Israeli Security Co. ISDS Will Secure The 2016 Olympics In Rio 

    isdsOctober 23, 2014 | The Olympic Committee and the agencies managing the 2016 Olympic Games in Rio de Janeiro have selected Israeli security company ISDS to provide security for the major event. Following a three-year tender, the Committee finally decided to bestow the responsibility upon ISDS, owned by president and founder Leo Gleser. According to the tender, ISDS will be able to draw on a $2.2 billion budget for constructing and managing the complex security system for the event which is set to have billion of attendees. The company will be responsible for integrating the various security systems at the games and will provide consultation and services to see to it that the Olympics go on without incident.

  • mayay 1:48 pm on October 23, 2014 Permalink
    Tags: , carmel ventures fund iv, , israel venture capital, luckyfish games, playbuzz investors, , , viola group   

    Carmel Ventures Closes Fund IV With $194M In Commitments 

    carmelventuresOctober 23, 2014 | The Israeli venture capital firm Carmel Ventures, which is a member of the Viola Group, announced the completion of funding for its latest investment fund, Carmel Ventures IV. The total funds committed to the latest investment fund total $194 million, money that will be invested in early-stage transformative technology companies in high growth sectors. Some of the sectors the funds are set to go towards include: enterprise software, data center infrastructure, big data, cyber security, FinTech, digital media and consumer applications. Carmel began investing out of the new fund in January, already placing funds in Shaul Olmert’s PlayBuzz, raising $3 million, and LuckyFish Games, which raised $1.6 million, along with an additional three early stage companies. Carmel Ventures manages over $800 million in investor capital and has invested in over 35 active companies.

  • mayay 1:37 pm on October 23, 2014 Permalink
    Tags: , intelligent transportation research, israel alternative fuels accelerator, israel alternative fuels research, , tel aviv u accelerator program, tel aviv university porter school of environmental studies   

    Tel Aviv U Launches Alternative Fuels Accelerator Program 

    October 23, 2014 | The National Research Institute for Transportation Innovation at Tel Aviv University will be launching an accelerator program in intelligent transportation and alternative fuels. The accelerator will reportedly open its first round in December as part of a new research institute that the university established this past August with the Alternative Fuels Administration and the Office of the Prime Minister. Participants in the four to six month accelerator program will be housed in TAU’s Porter School of Environmental Studies. The budget for the program is expected to be about NIS1 million annually and will be implemented together with EcoMotion, an Israel-based global community of entrepreneurs in the smart transportation industry.

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