Hightech

Fortissimo and Kibbutz Afikim announced today the execution of an agreement for the sale of 50% of S.A.E. Afikim ("Afimilk") to Livestock Improvement Corporation ("LIC"), a New Zealand based cooperative. The enterprise value of Afimilk is $140 million. The acquirer, LIC is...

healthy.io made two important announcements yesterday, first that they had received FDA approval for their smartphone based production to make take and ACR test to help diagnose chronic kidney disease which affects over 35 million Americans. T Second the...

ConTIPI Medical Ltd. received US Food and Drug Administration (FDA) approval to market its new product Provate, the first product of its kind to treat pelvic prolapse in women (such as the uterus and bladder). What makes Provate unique is that until...

Elbit Systems announced that its BrightNite Degraded Visibility Environments (DVE) was now operational in the helicopters of a NATO country. The BrightNite system, which contains preprogrammed geographical information, combines with realtime sensors to provide pilots with clear images, even in the worst...

Teva Pharmaceuticals USA, announced that the Food and Drug Administration (FDA) has approved an auto-injector device for AJOVY® (fremanezumab-vfrm) injection for migraines. “The approval of the AJOVY auto-injector is another important step forward for Teva and the migraine community,”...

Like most of the world's economies, Israel’s has been devastated by COVID-19. At one point, the unemployment rate reached 26%. At the point the pandemic hit, the Israeli economy was in overdrive, with unemployment at the lowest ever...

The Israel Aerospace Industries reported it had earned $15 million during the first quarter of 2019. This is $1million more than IAI earned during first quarter of 2018. Sales of the company rose by 13.5% to $1 billion. The growth in sales...

FinTech, which refers to Financial Services combined with new technology, is one of the hottest start-up sectors today. Banks throughout the world are eager to find fresh methods of transforming how they work, taking advantage of the latest technologies. However, banks are...

Rafael announced it has received an order from Germany to purchase 1,500 Spike missiles, at a value of 200 million Euro. Germany first ordered Spike missiles in 2012. Spike missiles are primarily anti-tank missiles. Rafael has exported 30,000 Spike missiles, to date.

Boaz Bachar CEO of Fieldin Fieldin, also known as Agromentum Ltd, has raised $12 million. The funding came from Zeev Ventures and private investment instrument of Oren Zeev. The company which is based in Yokneam, utilizes the internet of things to keep track...