The BIRD Foundation will invest $ 7.3 million in 8 joint projects for Israeli and American companies

Posted on Jan 13, 2019 by Ifi Reporter - Dan Bielski

The BIRD Foundation, the bi-national industrial research and development fund of Israel-USA, approved at a meeting of the Board of directors which recently held investments in Tel Aviv for $ 7.3 million in eight new joint projects to Israeli and American companies. In addition to the grants, the projects will receive funding from the private sector so that the total The investment in the projects will reach $ 20.4 million.
The BIRD Foundation works to encourage cooperation between Israeli and American companies in various fields of technology
For the development of a joint product. In addition to granting conditional grants of up to $ 1 million for an approved project,
The fund assists companies in locating and connecting with a potential strategic partner.
The projects submitted to the BIRD Foundation are carefully examined by Israeli examiners on behalf of the Innovation Authority
(Former chief scientist at the Ministry of Economics and Industry) and American researchers from the National Institute
Technology and standards of the US (NIST).
The eight projects approved at the Board meeting are added to 974 projects in which the fund invested During its 41 years of operation. The projects, with a total investment of more than $ 350 million, have resulted in direct and indirect sales of more than $ 10 billion.
The approved projects are:
• 4Cast Systems and the American company Adelos will develop an artificial intelligence system to prevent malfunctions and damage to gas and oil pipelines.
• Israel's Compedia Software & Hardware Development and Samaritan's Purse will collaborate in the development of a virtual reality system (VR) for training and training volunteers from international aid organizations to deal with natural disasters and humans.
• The Israeli HackerU and JustCode will jointly develop a cyber assessment and programming system for measuring and improving cyber readiness and technical compatibility testing.
• The Israeli JUJANU and Just Greens will collaborate on the development of a LED-based light-emitting diode-based lighting fixture to automatically optimize tumors.
• Leviticus-Cardio and the American Jarvik Heart will cooperate in developing a remote heart pump.
• Mitos Medical and American FiberTech Medical will jointly develop a telescope - a camera with peripheral vision for medical applications.
• MS Tech and Tekwave Solutions will jointly develop detection and detection capabilities for improvised explosives such as chlorates, perchlorates and synthetic drugs such as fentanyl using HF-QCM nanotechnological sensors.
• US-based Somatix Technologies and Catholic Senior Housing and Health Care Services will jointly develop and implement an innovative system for remote monitoring of seniors through bracelets and smart watches.

 


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