U.S. credit card super-company, Visa, has elected to tap into the fintech industries of select countries, and Israel is a primary focal point. The payments giant launched a technology scouting hub in Tel Aviv this month, announcing at the beginning of February that it aimed to add Tel Aviv to a list of cities that make up its collaborative lab operation.
As late as 2015, Westerners were still just coming around to understanding what QR (Quick Response) codes were—a two-dimensional barcode originally designed in Japan for the automotive industry. It was an ambitious, Israeli startup called Visualead that was already revolutionizing the technology that year.
Born in Israel and resident of the U.K., Teddy Sagi has been an integral facet of recent rounds of funding in Israel. Chiefly, Sagi invested $3 million in SmartGreen Ltd., which was announced by Sagi’s business group. He’s something of a British business magnate. His mobile ad firm, Glispa Global Group, generates considerable revenue, as does his online gambling game developer, Playtech PLC.
Yissum Research Development Company has brought a great deal of attention to Hebrew University of Jerusalem in the past week with their introduction of new technology capable of 3D-printing customized food. The personalization of printed food relies on nano-cellulose, which is a naturally occurring, calorie-free fiber. It is arguably the most intriguing aspect of this already attractive prospect.
MOUNTAIN VIEW, Calif., – December 14, 2016 – CEVA, Inc. (NASDAQ: CEVA), the leading licensor of signal processing IP for smarter, connected devices, together with Himax Imaging, Inc., a subsidiary of Himax Technologies, Inc. (NASDAQ: HIMX) and emza Visual Sense, today announced that the companies have developed the industry’s first intelligent always- on visual sensor specifically designed to overcome the power- and cost -constraints of vision processing for IoT applications.
While Israel may not have their own vehicle brands or manufacturing facilities, this has not kept them from taking the lead in the automotive technologies of the future.
The Israeli company Mobileye is a technology company that develops vision-based advanced driver assistance systems (ADAS) providing warnings for collision prevention and mitigation.
The recent wave of terror attacks is certainly one of the most prevalent dangers that Israel is faced with at the moment. However, the threats of rockets from Gaza to the South and Hezbollah to the North is still a danger we must consider and prepare for. With rockets, Israelis may only have seconds to get to a shelter, meaning every second is important. iOref, an app developed by the IDF, wants to give Israelis every second possible to find shelter.
G.A.L. Water Technologies Ltd., creators of the GALMOBILE™, announced on Monday that the State of Israel is donating a unit of their Water Purification Vehicle to the citizens of Papua New Guinea, who are suffering from the country’s worst drought this century. This achievement underscores G.A.L. Water Technologies’ commitment to "Cleaning Water and Saving Lives."
Papua New Guinea
It's that time of year again. The time of year when your kids come down with all sorts of earaches, sore throats, coughs, and the rest of the slew of worrying symptoms that befall both young and old during the winter.