Hitech

Israeli high-tech companies employing workers in Ukraine are in a major crisis. It is estimated that Israeli high-tech companies employ about 15,000 workers in the country, the vast majority of whom are developers. Ukrainian developers have become in demand due to being skilled workers seeking lower wages than is customary in Israel, as well as due to the fact that the flight distance is short and the time zone is the same. Even before the Russian invasion, start-ups began offering their workers in Ukraine packages of assistance or assistance in moving to another country. For example,...

Work has begun on establishing TERA PARK Ashkelon - the largest high-tech park in Israel. The park will offer thousands of new jobs, a new and advanced transportation center and a vibrant urban axis of recreation and leisure; Ashkelon's new flagship project is launched and turns a vision into reality. The Ashkelon Municipality, through the Ashkelon Economic Company and with the support of the Israel Land Authority, has begun work to establish TERA PARK Ashkelon - the largest high-tech park in Israel that will serve as a center for innovation, science and business and change the employment...

A report by the Innovation Authority shows that the participation rate of women in high-tech is low - about a third of the employees. Only about nine and a half percent of the CEOs who have set up start-up companies are women and in fifty-seven percent of the major venture capital funds in recent years there is no woman appointed as a partner. The report also shows that forty-nine percent of all students in five units in mathematics are women and only about a third of those who take matriculation exams in computer science are women

The Israeli cyber company Tufin has announced that it will be sold to Turn / River Capital - an investment company that focuses on investments in software companies - at a value of $ 570 million, which is about 60% higher than the company's current value. Shares of Tuffin soared 40% in early trading on Wall Street, to $ 12.8. Tufin shareholders will receive $ 13 in cash per share, a 44% premium to the company’s share price last night at the close of trading on Wall Street. According to the agreement, in the coming month, until May 5, there will be a period of "go-shop" - that is, Tufin...

After quite a few rejections, the Israeli astronaut Eitan Steva was sent into space tonight (Friday) together with three other astronauts from the space base at Cape Canaveral in Florida. Tomorrow, the four are expected to arrive at the International Space Station on a 200-hour mission. A few minutes before the launch, Steve said in Hebrew: "A few days before we celebrate Independence Day, we take off. Good luck AX-1, good luck 'Sky'." A SpaceX broadcast said that the first stages of the launch were successfully completed, including the separation of the first stage launcher from its...

The Israeli astronaut and businessman Eitan Steva, along with members of the AX-1 mission team Dragon, landed on Earth off the coast of Florida. The exciting moment of landing was preceded by a number of stages, when the process of disconnection from the International Space Station began at 03:55 (Israel time). Steva has been in space since April 8, completing a total of 17 days in space, 16 of them at the International Space Station. Just before entering the atmosphere, the spacecraft's crew compartment separated from the service cell (which includes the solar panels) and activated its...

Innoviz from Rosh HaAyin has been chosen to be the official and direct supplier of LIDAR sensors to one of the largest automotive groups in the world. This is a group that holds a share of more than 10% of the global car market and sells millions of cars a year. The deal is worth $ 4 billion. This is the explanation for the surprising jump of its share by 10% on Friday on the Nasdaq stock exchange, a day when most of the shares actually fell. Sales under the current agreement are expected to be spread over eight years and will begin in three years, after the completion of the joint...

Communications Minister Yoaz Handel and the head of the national cyber network, Gabi Portnoy, announced in a joint statement to the media, a series of measures that will require communications companies to prepare and implement cyber defense plans that will first include an orderly and unified system that will strengthen defense levels and actively prepare for cyber attacks. The decision was made after a hearing last August in the Ministry of Communications, according to which the licenses of the communications companies will be amended and provisions and a number of milestones will be set...

The Solaredge company significantly exceeded analysts' forecasts, as well as the forecasts it provided to the market regarding its revenues in the first quarter of 2022, under the auspices of a surge in energy prices in the wake of the Ukraine war. However, the company missed earnings per share forecasts, due to the component crisis and the jump in transportation costs. Solaredge released a second-quarter revenue forecast for 2022 that was higher than market forecasts, and its stock responded with a 2% increase in late trading

The data published by the Central Bureau of Statistics (CBS) show that by narrow definition, the unemployment rate reached only 2.9% in the first half of April, compared with 3.4% in March and 3.8% before the corona crisis. Labor, stood at only 4.4%, compared to 4.8% in March, however, the employment rate was 61.0%, compared to 61.3% in the second half of March