Articles

According to the preliminary investigation of the Israeli spacecraft Beresheet's landing maneuver, following an IMU malfunction a command was uploaded to the spacecraft. This led to a chain of events in the spacecraft, which turned off the main engine and prevented proper engine activation. The SpaceIL and Israel Aerospace Industries (IAI) team continues to investigate what occurred during the mission. In the coming weeks, final results of the investigation will be released

Sightec announces a $ 2 million seed investment round from the "Sherpa" "InnoVentures" and "Playfair Capital" funds. The investment will be used to further develop a spatial orientation system based on computer vision and artificial intelligence. The system allows aircraft with full or partial autonomy to orient, navigate, land and perform complex tasks in real time at high accuracy, even when there is a communication limit such as GPS blocks. IAI is among the largest customers of the start-up company

Intel launched the most powerful 9th generation of Intel Core processors for laptops developed at the R & D center in Haifa. The new processors are designed for gamers and content creators. There are now 580 computer game players and 130 million content creators, who are very important to the computer's raw performance and responsiveness. These users need PCs that can handle any task, from demanding games to heavy workloads of editing, randering and encoding heavy K4 video files

Ceragon Networks announced that a Tier 1 mobile operator in Latin America is taking another step in expanding and densifying its 4G network in multiple countries in Latin America with Ceragon. Ceragon is providing the operator with network design, rollout and optimization services using the company's complete IP-20 Platform portfolio. The operator will leverage Ceragon's millimeter-wave network densification solutions, along with microwave backbone solutions to address substantive increases in capacity claims. So far in 2019, orders placed in support of this project total over $ 14 million,...

Harsa - a manufacturer of toilets, sinks and other sanitary equipment from the Hamat group - will close its doors on Monday, April 29. The workers of the 70-year-old factory were not allowed to return to work at the end of the Passover holiday. The workers' committee said that the factory management hired a security company to prevent the workers from entering their work place after a two-week intensive vacation. "The day is a very difficult day for you and me. It has been eight years since I acquired the Hamat Group, during which I tried with all my might to improve it and bring it to...

Retail giant Amazon is finally making its first move in Israel, and e-mails to Israeli sellers and invites them to start selling products through it. On the night between Monday and Tuesday, Israeli suppliers began to receive an official request from Amazon inviting them to start selling products through it. This marks the beginning of Amazon's official activity in Israel, but at this stage it is not exactly the full activity

Representatives of dozens of industrial and technology companies, research institutes and academia from the European Union and Israel gathered this week on the occasion of the founding of MADEin4, a new European consortium designed to promote the Industrial Revolution 4.0. The first gathering of the consortium is hosted by Applied Materials, which develops and manufactures advanced semiconductor chip control equipment and serves as the consortium's coordinator. MADEin4 has 47 industrial and technology companies, research institutes and academia from the European Union, among others...

Israeli's bow their heads and painfully notes the memory of the six million Holocaust Martyrs 'and Heroes. The Holocost remembrance Day is noted on Thursday in many ceremonies throughout the country and the world. At 10:00, a two-minute siren will be heard, followed by a wreath-laying ceremony at Yad Vashem in Jerusalem, at the foot of the monument to the Warsaw Ghetto Uprising. Ynet accompanies the events of Holocaust Remembrance Day by direct broadcasts from various centers. In the wreath-laying ceremony, President Reuven Rivlin, Prime Minister Benjamin Netanyahu, Knesset Speaker Yuli...

In light of the deterioration of the security situation in the south of the country, the Manufacturers Association of Israel has opened a special emergency room in the settlement of Omer, which will provide 24 hours a day to the southern industrialists in order to help them pass the period of combat and to function optimally according to the Home Front Command's security instructions. 250 factories employing some 60,000 workers, within a radius of about 40 kilometers from Gaza. The war room will provide a continuous response to all the needs and problems of the factories following the...

Meta Networks was acquired by the American cyber company ProfPoint for $ 120 million. Of which 111 million in cash and the rest in shares. The company was founded two and a half years ago and has raised $ 10 million to date. The deal is expected to be signed in the second quarter of 2019. The purchaser is an American cyber company traded at a value of $ 7 billion on the US stock exchange. The value of the holdings of the two Vortex and BRM funds will bring them to an exit of $ 35 million on an investment of only $ 5 million