TASE

Sapiens Wins Two Celent XCelent Awards and Recognized as ''Luminary" for IllustrationPro for Life & Annuities

Retrieved on: 
Tuesday, November 28, 2023

Research and consulting firm Celent analyzed 13 illustration systems for North America life and annuities insurance, using the Celent ABC Vendor View, a resource for identifying premier technology solutions serving the insurance and financial services industries.

Key Points: 
  • Research and consulting firm Celent analyzed 13 illustration systems for North America life and annuities insurance, using the Celent ABC Vendor View, a resource for identifying premier technology solutions serving the insurance and financial services industries.
  • "As an industry leader, Sapiens is proud to accelerate our clients' digital transformation and advanced market offerings to support their long-term growth."
  • Sapiens IllustrationPro is a dynamic point-of-sale solution for Life & Annuities that quickly and accurately generates quotes and compliant illustrations through an intuitive and modern engagement.
  • This responsive solution seamlessly operates across various devices and expedites the sales process improving the overall customer and agent experience.

Lavie Bio Announces Expansion of its Bio-Inoculant Product for Spring Wheat, Yalos™, to Durum and Barley

Retrieved on: 
Tuesday, November 28, 2023

REHOVOT, Israel, Nov. 28, 2023 /PRNewswire/ -- Lavie Bio Ltd., a subsidiary of Evogene Ltd. (Nasdaq: EVGN) (TASE: EVGN), a leading ag-biological company committed to elevating food quality, sustainability, and agricultural productivity through microbiome-based innovations, is pleased to announce the expansion of its microbiome-based product for spring wheat, now rebranded as Yalos™ (formerly Thrivus™), to include durum and barley, significantly broadening its potential market reach. This expansion follows very successful field trials conducted in the US in 2023 in durum and barley, which generated on average over 7% of yield increase. Yalos™ is a seed treatment that enhances production by improving soil nutrients, reducing environmental stress, and increasing yields. It aims to boost yield in all small grains, starting with spring wheat, durum, and barley.

Key Points: 
  • This expansion follows very successful field trials conducted in the US in 2023 in durum and barley, which generated on average over 7% of yield increase.
  • It aims to boost yield in all small grains, starting with spring wheat, durum, and barley.
  • "We are very satisfied with these results from our 2023 field trials enabling us to offer our product to durum & barley growers in 2024."
  • Lavie Bio continues to lead the agricultural innovation frontier, championing sustainable practices and enhancing crop yields.

ELBIT SYSTEMS REPORTS THIRD QUARTER 2023 RESULTS

Retrieved on: 
Tuesday, November 28, 2023

HAIFA, Israel, Nov. 28, 2023 /PRNewswire/ -- Elbit Systems Ltd. ("Elbit Systems" or the "Company") (NASDAQ: ESLT) (TASE: ESLT), the international high technology defense company, reported today its consolidated results for the third quarter ended September 30, 2023.

Key Points: 
  • Revenues in the third quarter of 2023 were $1,501.6 million, as compared to $1,348.9 million in the third quarter of 2022.
  • Elbit Systems of America revenues decreased by 2% in the third quarter due to lower precision guided munition sales.
  • Financial expenses, net were $35.7 million in the third quarter of 2023, as compared to $16.4 million in the third quarter of 2022.
  • Taxes on income were $10.0 million in the third quarter of 2023, as compared to $7.9 million in the third quarter of 2022.

Electreon's Proven Wireless Alignment Methodology has been Selected by SAE to be the Global Standard

Retrieved on: 
Tuesday, November 28, 2023

BEIT YANNAI, Israel, Nov. 28, 2023 /PRNewswire/ -- Electreon (TASE: ELWS), the global wireless Electric Vehicle (EV) charging pioneer, today announced that SAE International's Wireless Power Transfer & Alignment Taskforce has selected Electreon and MAHLE 's wireless positioning methodology Differential Inductive Positioning System (DIPS) for the global SAE J2954 standard .

Key Points: 
  • BEIT YANNAI, Israel, Nov. 28, 2023 /PRNewswire/ -- Electreon (TASE: ELWS), the global wireless Electric Vehicle (EV) charging pioneer, today announced that SAE International's Wireless Power Transfer & Alignment Taskforce has selected Electreon and MAHLE 's wireless positioning methodology Differential Inductive Positioning System (DIPS) for the global SAE J2954 standard .
  • Electreon's wireless power transfer system, as the selected field-validated alignment methodology for SAE J2954, enables reliable wireless charging through coils embedded in roads and parking spots.
  • The newly announced SAE J2954 standard establishes Electreon's DIPS as the global industry's wireless charging alignment methodology.
  • "Electreon is a global leader in wireless charging and has already proven its implementation with numerous OEMs for both static and dynamic wireless charging cases.

SaverOne Announces New Pilot with Milan-based System Logistics

Retrieved on: 
Monday, November 27, 2023

PETAH TIKVAH, Israel, Nov. 27, 2023 /PRNewswire/ -- SaverOne 2014 Ltd. (NASDAQ: SVRE) (TASE: SVRE), a technology company specializing in transportation safety solutions, today announced a new pilot with Italian company, System Logistics, a designer, manufacturer and provider of automated warehousing, with customers in Europe, America and Asia and a fleet of over 100 vehicles. The pilot will take place on a number of vehicles from the customer's fleet and if successful, has the potential to lead to equipping additional vehicles in System Logistics' fleet of over 100 vehicles.

Key Points: 
  • PETAH TIKVAH, Israel, Nov. 27, 2023 /PRNewswire/ -- SaverOne 2014 Ltd. (NASDAQ: SVRE) (TASE: SVRE), a technology company specializing in transportation safety solutions, today announced a new pilot with Italian company, System Logistics, a designer, manufacturer and provider of automated warehousing, with customers in Europe, America and Asia and a fleet of over 100 vehicles.
  • The pilot will take place on a number of vehicles from the customer's fleet and if successful, has the potential to lead to equipping additional vehicles in System Logistics' fleet of over 100 vehicles.
  • Ori Gilboa, CEO of SaverOne, commented, "This marks another successful penetration into a key Italian customer and represents our increasing momentum in Europe.
  • This new pilot win is another initial customer penetration whereby the potential from ultimately expanding to the remainder of the customer's fleet, would be significant.

‏Shufersal reports today the financial results for the third quarter and the first nine months of 2023

Retrieved on: 
Monday, November 27, 2023

In the company's estimation, no significant impact is expected on the company's activities and results due to the war.

Key Points: 
  • In the company's estimation, no significant impact is expected on the company's activities and results due to the war.
  • The group's revenues in the third quarter totalled approximately NIS 3.85 billion, an increase of approximately 1.2% compared to approximately NIS 3.81 million in the corresponding quarter last year.
  • The revenues of the Be network increased by approximately 1.5% and totalled in the third quarter  approximately NIS 270 million, compared to approximately NIS 266 million in the corresponding quarter last year.
  • Revenues from the real estate sector in the third quarter totalled approximately NIS 64 million compared to approximately NIS 51 million in the corresponding quarter last year.

Max Stock announces the publication of a shelf prospectus

Retrieved on: 
Friday, November 24, 2023

CAESAREA, Israel, Nov. 24, 2023 /PRNewswire/ -- Max Stock Ltd. (TASE: MAXO) (the "Company") announces that it published a shelf prospectus after its previous one expired in September 2023.

Key Points: 
  • CAESAREA, Israel, Nov. 24, 2023 /PRNewswire/ -- Max Stock Ltd. (TASE: MAXO) (the "Company") announces that it published a shelf prospectus after its previous one expired in September 2023.
  • The publication of the shelf prospectus will allow the Company to issue securities through the publication of shelf offering reports until November 2026.
  • A convenience translation into English of the shelf prospectus can be accessed at: https://ir.maxstock.co.il/en/finances-reports-en/

The Tel-Aviv Stock Exchange Reports the Financial Results for the Third Quarter of 2023

Retrieved on: 
Tuesday, November 21, 2023

TASE concludes another strong quarter, marked by continued and sustained organic growth in both revenue and profit across all core activities.

Key Points: 
  • TASE concludes another strong quarter, marked by continued and sustained organic growth in both revenue and profit across all core activities.
  • TEL AVIV, Israel, Nov. 21, 2023 /PRNewswire/ -- The Tel-Aviv Stock Exchange Ltd. (TASE: TASE) today announced its financial results for Q3 2023 that ended on September 30, 2023.
  • The costs in Q3 2023 totaled NIS 72.1 million, compared to NIS 68.8 million in the corresponding quarter last year, an increase of 5%.
  • In the third quarter of 2023, there were 61 trading days, similarly to the number of days in the corresponding quarter last year.

Electreon and REARQ Partner with BDX on Wireless Loading Dock Charging Pilot for Ahlsell's Last Mile Delivery Fleet

Retrieved on: 
Tuesday, November 21, 2023

The project incorporates Electreon's cuting-edge wireless charging technology powering a commercial van, for both the loading dock top-up and overnight depot charging use cases, with REARQ's conversion of a diesel Iveco Daily van to electric propulsion.

Key Points: 
  • The project incorporates Electreon's cuting-edge wireless charging technology powering a commercial van, for both the loading dock top-up and overnight depot charging use cases, with REARQ's conversion of a diesel Iveco Daily van to electric propulsion.
  • It is expected that the project will begin operating in Spring 2024 for a period of 24 months.
  • Very soon, a BDX Företagen AB vehicle will benefit from seamless top-up wireless charging; eliminating the need for driver intervention when the vehicle backs into a loading dock at the distribution center, as charging begins automatically.
  • This project will highlight the robustness and durability of Electreon's wireless EV charging technology even in these harsh climate conditions.

Electreon and REARQ Partner with BDX on Wireless Loading Dock Charging Pilot for Ahlsell's Last Mile Delivery Fleet

Retrieved on: 
Tuesday, November 21, 2023

The project incorporates Electreon's cuting-edge wireless charging technology powering a commercial van, for both the loading dock top-up and overnight depot charging use cases, with REARQ's conversion of a diesel Iveco Daily van to electric propulsion.

Key Points: 
  • The project incorporates Electreon's cuting-edge wireless charging technology powering a commercial van, for both the loading dock top-up and overnight depot charging use cases, with REARQ's conversion of a diesel Iveco Daily van to electric propulsion.
  • It is expected that the project will begin operating in Spring 2024 for a period of 24 months.
  • Very soon, a BDX Företagen AB vehicle will benefit from seamless top-up wireless charging; eliminating the need for driver intervention when the vehicle backs into a loading dock at the distribution center, as charging begins automatically.
  • This project will highlight the robustness and durability of Electreon's wireless EV charging technology even in these harsh climate conditions.