The Highest-Valued Startups in the World
According to analyst CB Insights, Chinese AI company Bytedance is the highest-valued startup – currently private, up-and-coming company – in the world. The venture, which is valued at $75 billion, is running More...
Israeli startup REE reinvented the wheel for Future Vehicle
The Israeli startup REE will present the new prototype for future vehicles at the International Automotive Exhibition (IAA) next week in Frankfurt. REE incorporate revolutionary technology and developed a new More...
Singapore’s Clermont acquires control of Israeli company Eviation Aircraft
Singapore investment firm Clermont Group has acquired control of Israeli electric aviation company Eviation Aircraft. Clermont Aerospace has been issued equity equal to 70% of Eviation on a fully diluted basis. The More...
Israeli-Made Groundbreaking Medication: Treating Myeloma Type Leukemia
After 10 years of development, the American Food and Drug Administration (FDA) approved the sale of XPOVIO, the world’s first drug for treating myeloma type leukemia, the second most common type of blood cancer. The More...
Israeli startup BlueGreen cleaned-up harmful algal in Chippewa Lake
Israeli cleantech startup BlueGreen Water Technologies has successfully cleaned-up harmful algal blooms detected in Chippewa Lake, US. Harmful algae are photosynthetic microorganisms that can be found in almost More...
American Airlines to launch Tel Aviv – Dallas flights
American Airlines has announced a new Tel Aviv – Dallas-Fort Worth (DFW) route, will be launched on September 9, 2020, with tickets going on sale on October 10. American Airlines will run three weekly flights More...
FDA approves Nobio’s anti-bacterial dental filling
Israel’s bacteria resistant materials startup Nobio Ltd has received approval from the U.S. Food and Drug Administration (FDA) to market its anti-bacterial composite for dental filling designed to remain in the More...
Elbit Awarded Contract to Supply US Navy color helmet display
Elbit Systems announced today that its US subsidiary Elbit Systems of America was awarded a contract by the U.S. Navy for the supply of components of the Color Helmet Mounted Display System of the CV-22 aircraft. More...
Salesforce acquires Israeli software Startup Clicksoftware for $1.35 billion
US software giant Salesforce acquires Israeli software company Clicksoftware for $ 1.35 billion, most of it in cash, according to Calcalist. The price reflected value higher than its value on NASDAQ. This is Salesforce’s More...
Amazon buys Israeli storage technology startup E8 for $50-60 million
Amazon has acquired Israeli storage technology startup E8 Storage. The US retail giant paid $50-60 million for the developer of flash storage installations based on software. The company was founded by CEO Zivan More...