INDUSTRIAL HEADLINE

Intel's Israel procurement worth NIS 5.76b in 2016

75% of the procurement was from small and medium-sized suppliers says Intel Israel’s corporate responsibility report.

Intel Israel today published its corporate responsibility report for 2016, which states that procurement by Israel’s largest high-tech company totaled NIS 5.76 billion, 75% of it from...Read More »


Biolinerx In-Licenses Type 1 Diabetes Treatment With Israel Institutions

In an effort to develop and commercialize its antibody treatment for type 1 diabetes, BioLineRx has signed a worldwide, exclusive license agreement with Yissum Research Development Company of the Hebrew University of Jerusalem, B.G. Negev Technologies and Applications, and Hadasit Medical Research Services and Development,...Read More »


Verizon’s $17 Billion Plan Boosts EZchip Shares in Tel Aviv

Oct. 20 (Bloomberg) — EZchip Semiconductor Ltd., Israel’s second-largest chipmaker, climbed to a one-month high on prospects the company will benefit from Verizon Communications Inc.’s capital spending plan.

Shares of the Yokneam, Israel-based developer gained 3.2 percent to 91.50...Read More »


Israeli firm builds $5m fish feed mill in Ghana

A $5 million fish feed mill with an installed capacity of 24,000 metric tonnes has been inaugurated at Prampram, near Tema in Ghana, to help boost the aquaculture sector of the country. The Israeli mill, Raanan Fish Feed West Africa, is the first in...Read More »


House appropriators approve $2 million of U.S.-Israel energy cooperation

 

WASHINGTON (JTA) — The U.S. House of Representatives Appropriations Committee allotted $2 million for U.S.-Israel energy cooperation in the fiscal year 2014 Energy and Water Appropriations Bill.

The money in the bill the committee approved Wednesday is the...Read More »


Intel in talks with Israel on $10bn investment

Intel, the US chip computer giant, is reported to be in talks with Israel on a new $10bn investment in the country.

Intel is Ireland’s largest industrial employer and in terms of jobs (about 4,000), it is second in...Read More »


Jordan negotiating to buy natural gas from Israel

 JERUSALEM (JTA) — Jordan is negotiating with Israel to become the first country to buy from its natural gas reserves.

A deal likely would require running a pipeline from Israel to Jordan, The Wall Street Journal reported Wednesday.

HERZLIYA, Israel, June 26, 2013 /PRNewswire via COMTEX/ — SuperCom Ltd (otcqb:SPCBF), a leading provider of e-ID, Security, HealthCare, Homecare, and Electronic Monitoring Solutions, today announced its results for the first quarter ended March 31, 2013.

Financial Highlights for the first quarter of 2013 compared...Read More »


Both Eric Schmidt And Steve Ballmer Love This Guy’s Startup That Makes Windows Less Frustrating

We all have friends and loved ones that are endlessly confused by their PCs and constantly asking for help. Israeli startup Soluto offers a software service just for them. It was the constant calls from his mum that prompted cofounder and CEO Tomer Dvir to...Read More »


Waves Audio Announces Tech Support Live Service

TEL AVIV, ISRAEL, April 24, 2013 — As part of the company’s ongoing efforts to serve its ever-growing user base, Waves Audio is proud to announce new extended tech support hours. The extended tech support service will help end users resolve issues...Read More »


Tesla Patent Applications Reveal Next Generation EV Technology

« On March 29th 2013, Israeli-based startup Phinergy announced it would be bringing a 1000 mile EV to consumers by 2017. If successful, Phinergy will have created an EV that can go farther than any ICE car on a single tank/charge. So how is...Read More »


Israel's Delek Group eyes U.S. bond offering – source

(Reuters) – Subsidiaries of Israel’s Delek Group will seek to raise up to $2 billion from a bond issue in the United States this year to invest in gas fields off Israel’s Mediterranean coast, a market source said on Tuesday. The planned offering by Delek...Read More »


IAI signs deal with Lockheed to produce wings for F-35 jet

Israel Aerospace Industries announced Tuesday it had signed a contract with Lockheed Martin to produce the wings for the F-35 stealth fighter jet. IAI will begin delivering the F-35 wings in 2015. The 10- to 15-year contract has a $2.5 billion potential for sales,...Read More »


US/Eastern - UC RUSAL and Israeli company Omen to establish joint venture to produce automotive components

UC RUSAL, a leading, global aluminium producer, announces the signing of a memorandum of understanding with Israeli company Omen High Pressure Die Casting (« Omen »), which specializes in the production of automotive components from non-ferrous metals. Together the companies intend to create a joint venture...Read More »


Israel Takes Big Step Toward Energy Independence

After four years of exploration and drilling, as well as a $3.5 billion investment, Israel announced Saturday that the Tamar offshore gas field has finally come online, a move government officials say will diminish Israel’s dependency on foreign gas imports.

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