Microsoft announced it will open five new development centers in Israel, and hire an additional 2,000 personnel, primarily in the area of R&D. Microsoft’s statement comes after several multinational corporations released plans to expand their workforces in Israel. Recent reports affirm that...
Akamai the US based content distributor(CDN) and security firm has purchased Tel Aviv based Guardicore. The purchase price is $600 million. Current stockholders and employees will also receive the current cash balances of the company. Guardicore has developed a micro-segmentation solution...
Highlights of the Fourth Quarter of 2021Record quarterly revenues of $74.2 million; a 53% increase year-over-year;GAAP operating income of $19.3 million; non-GAAP operating income of $20.9 million, representing an operating margin of 26.0% and 28.2% respectively;GAAP net income of $12.8 million and non-GAAP net income of $19.7 million; - ...
StoreDot announced that its new battery technology extends the lifespan of batteries, making them highly effective during a vehicle’s lifespan and for ‘second life’ applications. This improved technology combines the innovative electrochemistry system of the company's silicon dominant cells to ensure minimal drop-off...
Prisma Photonics, which monitors large scale infrastructure, announced today that it raised $20M in a Series B round led by New York-based global private equity and venture capital firm Insight Partners, with participation from SE Ventures (Schneider Electric's venture capital arm) and Future Energy...
Hermes
The receipt of the Type Certificate from the CAAI completes the compliance of Elbit Systems’ Hermes Starliner UAS with the NATO standardization for approving UAS for integration in civilian unsegregated airspace.
For safety reasons, international aviation regulations prohibit uncertified aircraft from...
