Elbit creating an electrically powered public transportation
Israel- originated high-tech giant, Elbit, is creating an electrically powered public transportation system with neither overhead cables nor battery life issues. Elbit is developing an electric bus charging system that would allow vehicles to boost their batteries at their terminal stations. There, the buses would connect to supercapacitors that charge the buses quickly so that they can operate for precisely calculated distances.
Soon in Israel- the MRI that can help preventing brain damage
A team of researchers at Israel’s Ben Gurion University of the Negev's (BGU) Brain Imaging Research Center has developed a new MRI method that can detect damage to the brain much earlier than previously thought, thus enabling early treatment, before serious damage is done. This new method of MRI detects and localizes pathologies in the brain's blood vessels caused by even mild brain injuries. The Dynamic Contrast-Enhanced MRI generates more detailed brain maps that are able to show brain regions with vascular abnormalities.
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The Huffington Post shows respect for TLV startups
With more than 700 early-stage startups, and as many as 5,000 overall, it's no surprise that Tel Aviv has been ranked second only to Silicon Valley in terms of being a leading tech epicenter. This piece of information has led The Huffington Post to rank the top 10 impressive Tel Aviv-based startups doing exciting things that tech enthusiasts should keep an eye on.
Israeli 3D software sold for $97 million
Cimatron, an Israeli firm that is one of the world’s largest makers of 3D CAD/CAM software products for manufacturing, is being acquired by US company 3D Systems (3DS). Under the deal, 3DS will acquire all outstanding shares of Cimatron, paying about $97 million for its new acquisition. Since it was first established in 1982 as MicroCAD (the company changed its name in 1987), Cimatron has grown to be a key player in the industrial design market, serving clients from the aerospace, consumer electronics, toys, medical, optics and telecom, and automotive industries. In the latter category, for example, Cimatron, located in Givat Shmuel, is a large supplier of software for the manufacture of plastic molds for the manufacture of car dashboards.
Read more et the man behind “YO!”
“Yo!,” the surprisingly successful app, was invented by 33-year-old Israeli entrepreneur named Moshe Hogeg. Other than being the man behind a list of wildly successful apps, Hogeg was tagged by Forbes magazine as one of the 10 “Start-up Nation movers and shakers you need to know.” In an interview to Israel 21c, he tells his story of success and share his plans for the future.
Read more product to market and aid electrically-challenged communities in Africa in the process.