CTech's Thursday Roundup of Israeli Tech News
The disputed territory of technology plus kids; U.S. Army to acquire Iron Dome systems, alluding to "immediate need"
14:3007.02.19
The disputed territory of technology plus kids. Entrepreneurs and researchers discussed subjects including technology-based education, advertising to children, and the potential effects of gaming at a Calcalist and Bank Leumi event on Tuesday. Read more
Kids with technology (illustration). Photo: ReviewKidz U.S. Army to acquire Iron Dome systems, alluding to "immediate need". The Iron Dome system has been in operational service in Israel since 2011 and is credited with intercepting approximately 1700 short-range rockets fired from the Gaza strip since 2012. Read more
Kids with technology (illustration). Photo: ReviewKidz Nasdaq-listed New Relic acquires machine learning startup SignifAI. SignifAI develops machine learning applications for troubleshooting and predicting issues in DevOps and cloud-based software. Read more
Debt financing firm Kreos launches $800 million debt credit fund. The new fund has already made its first financing deals in January and intends to commit up to $343 million annually, over the next few years. Read more
First direct flight from Japan to Israel takes off in September. The first flight will depart from Tel Aviv at 4:30 p.m. on September 13, and the first return flight will take off from Tokyo on September 14 at 1 p.m. Read more
Israel Innovation Authority launches grant program for female-founded startups. The aim of the program is to double the number of such initiatives supported by the authority within two years. Read more
LeasePilot opens a research and development outfit in Tel Aviv. The Boston-based commercial real estate leasing startup set up shop at one of the city's WeWork coworking spaces. Read more
Material science company Gauzy to open Stuttgart factory. The factory will produce smart glass products for various industries, particularly the automotive industry, using light-control film technology that allows users to control the opacity of glass or plastic products. Re ad more
Teva to sell northern Israeli facility to private equity Fund FIMI. Teva unveiled a reorganization plan in December 2017 to ameliorate its debilitating debt, announcing its intention to close or sale facilities and layoff 25% of employees by 2019. Read more
