CTech's Sunday Roundup of Israeli Tech News

After rebuke, no sign for change in plan to issue first state endorsed digital coin in the Marshall Islands; Tel Aviv-based drone company airdrops burgers to hungry golfers

CTech 17:2116.09.18

After rebuke, no sign for change in plan to issue first state endorsed digital coin in the Marshall Islands. On September 5, the International Monetary Fund published a paper calling the republic to reassess the plan’s risks. Read more

 

President of The Republic of the Marshall Islands Hilda Heine. Photo: PR President of The Republic of the Marshall Islands Hilda Heine. Photo: PR

 

Video | Tel Aviv-based drone company airdrops burgers to hungry golfers. Drone delivery company Flytrex has partnered with North Dakota’s King's Walk Golf Course to offer food deliveries to golfers on the course. Watch the video

 

Mobike enters Israeli town left by Ofo. Just two months after bike-sharing service Ofo discontinued its Israeli pilot in Ramat Gan, Mobike is launching its bicycle-sharing service in the Tel Aviv suburb. Read more

 

Teva shares rise following FDA approval of migraine drug. Teva’s new migraine drug is forecasted to bring in $500 million in sales annually. Read more

 

Nasdaq-listed diabetes monitoring company Dario raises $10.3 million in private placement. Israel-headquartered Dario develops a diabetes monitoring device that lets users test and track their blood-glucose levels using a smartphone. Read more

 

Since 2000, the number of vehicles on Israeli roads nearly doubled. According to a new report by Israel’s Central Bureau of Statistics, the total length of roads in the country increased by just 19% over the same period. Read more

 

Hospitality service startup Routier raises $3 million. The Tel Aviv-based startup offers a technology that lets staff communicate with guests using the Wi-Fi offered at hotels, and airplanes. Read more

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