Herzliya

BIRD - Israel-U.S. Binational Industrial R&D Foundation to invest $8 million in 9 new projects: The approved projects, with an overall budget of $23 million, involve innovations in the areas of Agrotech, Biotech, Electronics, Foodtech, Medical Devices, an

Retrieved on: 
Wednesday, July 26, 2023

In addition to the grants from BIRD, the projects will access private-sector funding, boosting the total investment in all projects to $23 million.

Key Points: 
  • In addition to the grants from BIRD, the projects will access private-sector funding, boosting the total investment in all projects to $23 million.
  • The BIRD Foundation promotes collaborations between U.S. and Israeli companies in various technological sectors for joint product development.
  • The nine projects approved by the Board of Governors are in addition to over 1000 projects which the BIRD Foundation has approved for funding during its 46-year history.
  • To date, BIRD's total investment in joint projects is over $390 million, helping to generate direct and indirect sales of more than $10 billion.

Targeting the $1.5 trillion global wellness market, Arieli Capital and The Bridge healing center are launching the 2nd batch of Well4Tech scaleup bootcamp

Retrieved on: 
Monday, September 12, 2022

TEL AVIV, Israel, Sept. 12, 2022 /PRNewswire/ -- Arieli Capital and The Bridge healing center are launching the 2nd batch of Well4Tech. The program provides fertile ground for startups and connects them with investors and industry leaders to advance and support market expansion, and is intended for market-ready cutting edge mental and physical health-tech global startups. 

Key Points: 
  • Well4Tech is led by Arieli Capital andThe Bridge healing center,the program will focus on three critical areas of support: market expansion, partners and client lead generation and capital exposure.
  • The first batch of the program took place in Connecticut in May 2022 and resultedinan investment by Arieli Capital andthe Bridge healing centerinElvy.ai.
  • Well4Tech with the support of Arieli Capital and The Bridge healing center allowed us to speed up our capital round to a light speed.
  • Yisroel Rabinowitz, founder, the Bridge Healing center
    The Bridge Healing Arts Center is Connecticut's premier healing arts destinationfor all seeking a state of health and mindfulness.

Innoviz Bolsters Sales Leadership with New Management Team Appointments

Retrieved on: 
Tuesday, May 24, 2022

TEL AVIV, Israel, May 24, 2022 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ: INVZ) (the "Company" or "Innoviz"), a leading provider of high-performance LiDAR sensors and perception software, today announced a series of management team appointments to bolster its sales leadership experience and support its continued growth.

Key Points: 
  • Chen will oversee the Company's business development activities, establish sales targets and KPIs, and implement, report and review strategic sales and marketing plans.
  • Craig will be responsible for sales and business development of Innoviz LiDAR products and associated software in all industry verticals in North America.
  • I will support Tali and the leadership team to ensure a successful transition and I wish the incredible Innoviz team continued success."
  • Innoviz is a global leader in LiDAR technology, working towards a future with safe autonomous vehicles on the world's roads.

Marelli Selects Upstream's AutoThreat® Intelligence to Achieve Unparalleled Cybersecurity for its Connected Vehicle Components

Retrieved on: 
Tuesday, April 12, 2022

Herzliya, ISRAEL, April 12, 2022 /PRNewswire/ -- Upstream Security, provider of a cloud-based mobility cybersecurity and data analytics platform, which is purpose-built for connected vehicles and smart mobility services, announced today that Marelli, a leading Tier 1 global automotive supplier, selected Upstream's AutoThreat® PRO solution to leverage multiple data sources and advanced AI-based methodologies to secure its products and comply with current and future cybersecurity standards and regulations.

Key Points: 
  • Marelli will be utilizing Upstream's AutoThreat PRO, the automotive industry's leading cyber threat intelligence and risk assessment solution.
  • "Marelli is a strong partner in securing the automotive ecosystem, going above and beyond today's cybersecurity standards to collect critical in-field data."
  • Upstream Security provides a cloud-based data management platform purpose-built for connected vehicles, delivering unparalleled automotive cybersecurity detection and response (V-XDR)and data-driven applications.
  • The Upstream Platform unlocks the value of vehicle data, empowering customers to build connected vehicle applications by transforming highly distributed vehicle data into centralized, structured, contextualized data lakes.

Rhombus Energy Solutions/Synvertec Synchroverter Project Selected for Israel-U.S. BIRD Foundation Program

Retrieved on: 
Thursday, December 16, 2021

SAN DIEGO, Dec. 16, 2021 /PRNewswire-PRWeb/ -- Today, Rhombus Energy Solutions and Synvertec (Herzliya, Israel) are announcing that their proposed Synchroverter concept has been selected for a funding grant by Israel-U.S. Binational Industrial Research and Development (BIRD) Foundation .

Key Points: 
  • SAN DIEGO, Dec. 16, 2021 /PRNewswire-PRWeb/ -- Today, Rhombus Energy Solutions and Synvertec (Herzliya, Israel) are announcing that their proposed Synchroverter concept has been selected for a funding grant by Israel-U.S. Binational Industrial Research and Development (BIRD) Foundation .
  • "Rhombus Energy Solutions thanks the BIRD Foundation for providing funding to us and our partner Synvertec to make the Synchroverter a reality," said Rick Sander, CEO of Rhombus Energy Solutions.
  • The Synchroverter project is funded by the BIRD Foundation.
  • "BIRD Energy" is the implementation of a cooperation agreement between the U.S. Department of Energy's Office of Energy Efficiency and Renewable Energy (EERE), the Israel Ministry of Energy jointly with the Israel Innovation Authority, and the BIRD Foundation.

Hino Motors to Join REE Automotive With Platform Display at CES 2022

Retrieved on: 
Thursday, December 9, 2021

Hino Motors, Ltd. is a Toyota Group company selling trucks and buses in more than 80 countries in 2020.

Key Points: 
  • Hino Motors, Ltd. is a Toyota Group company selling trucks and buses in more than 80 countries in 2020.
  • Number of employees totals 35,000 globally and produces vehicles in over 20 countries including the 4 major plants in Japan.
  • REE aims to serve as the underpinning on top of which EVs and AVs will be built and envisions a future where EVs and AVs will be Powered by REE.
  • REE uses x-by-wire technology to control each of the corners of the vehicles with full drive-by-wire, brake-by-wire and steer-by-wire.

Cobwebs Technologies Wins Globee® in the Annual 2021 Disruptor Company Awards

Retrieved on: 
Wednesday, December 8, 2021

NEW YORK, Dec. 08, 2021 (GLOBE NEWSWIRE) -- Cobwebs Technologiesannounced today that The Globee Awards, organizers of the world's premier business awards programs and business ranking lists, has named Cobwebs' Web Investigation Platform, a winner in the Annual 2021 Disruptor Company Awards.

Key Points: 
  • NEW YORK, Dec. 08, 2021 (GLOBE NEWSWIRE) -- Cobwebs Technologiesannounced today that The Globee Awards, organizers of the world's premier business awards programs and business ranking lists, has named Cobwebs' Web Investigation Platform, a winner in the Annual 2021 Disruptor Company Awards.
  • These prestigious global awards recognize disruptive technologies and innovative solutions that are transforming consumer experiences everywhere.
  • "We are proud to be recognized as an industry player whose Web Investigation Platform has been named a winner by the Globee Awards," said Udi Levy, CEO, Cobwebs Technologies.
  • "Disruptive technologies and solutions are transforming consumer experiences everywhere while consumer and end-user needs are continuously evolving," said San Madan, co-President of Globee Awards.

Safe-T Group Announces Deployment of its ZoneZero® Zero Trust Network Access (ZTNA) Solution with Three New Enterprise Customers

Retrieved on: 
Monday, December 6, 2021

ZoneZero is an evolution in the way organizations grant secure access to their services, utilizing Safe-Ts Software Defined Perimeter and patented reverse-access technology.

Key Points: 
  • ZoneZero is an evolution in the way organizations grant secure access to their services, utilizing Safe-Ts Software Defined Perimeter and patented reverse-access technology.
  • Unlike traditional VPN solutions, Safe-Ts ZTNA offers truly secure, transparent and cost-effective access to internal applications and data for all users.
  • ZoneZero was selected over a competing solution developed by an India-based infrastructure security company.
  • Organizational access use cases, from outside the organization or within, are secured according to the validate first, access later philosophy of Safe-Ts zero trust.

Safe-T Group Reports 137% Increase in Third Quarter 2021 Revenues and 108% Growth in Third Quarter 2021 Gross Profit

Retrieved on: 
Tuesday, November 30, 2021

Third quarter revenues exceeded the Companys preliminary estimated revenues of $3.2 million.

Key Points: 
  • Third quarter revenues exceeded the Companys preliminary estimated revenues of $3.2 million.
  • Gross profit for the three-month period ended September 30, 2021 amounted to $1,783,000, an increase of 108% compared to $859,000 reported in the same period in 2020.
  • The growth is attributed to the increase in enterprise privacy business revenues and the consolidation of CyberKicks revenues following the completion of its acquisition on July 4, 2021.
  • 1 Adjusted retrospectively to reflect a 40:1 reverse share split of the Companys ordinary shares, which became effective on October 15, 2021.

Safe-T® Group Launches New Corporate and Investor Website

Retrieved on: 
Monday, November 22, 2021

Shachar Daniel, Chief Executive Officer of Safe-T Group, said, Our new corporate site reflects our commitment to improving transparency into our business and creating a more engaging experience for our investment community.

Key Points: 
  • Shachar Daniel, Chief Executive Officer of Safe-T Group, said, Our new corporate site reflects our commitment to improving transparency into our business and creating a more engaging experience for our investment community.
  • The new corporate website provides easy access to all timely and essential information about the Company including its financials, corporate presentation, news, press releases and events.
  • For more information on Safe-T and its privacy and cybersecurity solutions for enterprises and consumers, please visit https://www.safetgroup.com and Corporate Presentation .
  • Safe-T Group Ltd. (Nasdaq, TASE: SFET) is a global provider of cyber-security and privacy solutions to consumers and enterprises.