A positive story from Israel

Mobileye to Donate $2.75 Million to Social Services

Jerusalem-headquartered automotive chip developer Mobileye announced Monday it will donate NIS 10 million (approximately $2.73 million) to social organizations and nonprofits that are in need of financial help. Organizations that support the Israeli economy and assist individuals in need of social or financial aid can apply to receive money from Mobileye until the end of the month.

 

Mobileye was acquired in 2017 by Intel for $15.3 billion, one of the biggest deals Israel has seen to date. The company is now building a new campus in Jerusalem, intended to house 2,500 employees. Mobileye is also planning to construct offices for several hundred employees in central Israeli city Petah Tikva.

Jerusalem-headquartered automotive chip developer Mobileye announced Monday it will donate NIS 10 million (approximately $2.73 million) to social organizations and nonprofits that are in need of financial help. Organizations that support the Israeli economy and assist individuals in need of social or financial aid can apply to receive money from Mobileye until the end of the month.

 

Mobileye was acquired in 2017 by Intel for $15.3 billion, one of the biggest deals Israel has seen to date. The company is now building a new campus in Jerusalem, intended to house 2,500 employees. Mobileye is also planning to construct offices for several hundred employees in central Israeli city Petah Tikva.

The protection and prevention subsector includes a company that has developed a technology to create fabrics that protect the wearer from viral infections. The social and mental aspects of treating the disease subsector includes a company that offers solutions for the elderly population struggling with solitude, especially during this challenging period. The last subsector, treatment of patients, includes companies that offer treatments using proteins found in human plasma.

The updated list of companies can be found under the tag #coronavirus on the Startup Nation Central website. The directory includes a description of the relevant companies currently operating in Israel that can help in fighting coronavirus, a description of the technology they offer, the product’s development phase, and information about the company’s capital raising.

Startup Nation Central is a non-profit organization with the goal of strengthening the Israeli high-tech industry by exposing its capabilities and encourage international business cooperation with the technological ecosystem in Israel. The organization’s activities are solely funded by philanthropy, according to its website.

Story by: https://www.calcalistech.com/ctech/articles/0,7340,L-3803273,00.html

Austria’s Chancellor grateful for Netanyahu's advice

Chancellor of Austria Sebastian Kurz praised Prime Minister Benjamin Netanyahu on Sunday during an interview with the German newspaper Bild, saying that that Israeli leader had called his attention to the dangers of the coronavirus pandemic. Kurz said that Austria was concerned because it bordered Italy and seen how Italy's healthcare system had "collapsed."

Northwestern, Ben Gurion Universities Launch Joint $21.4 Million Water Technology Venture

Northwestern University and BGN Technologies Ltd., the technology commercialization company of Israel-based Ben-Gurion University of the Negev, announced Thursday the launch of a joint venture to develop technologies in the field of water conservation and renewable energy. Dubbed the Collaborative Water-Energy Research Center (CoWERC), the consortium has received a total budget of $21.4 million.

Chicago Kites

Flying for peace  Flying in response to negative events

Chicago Kite has brought kite flying to families across America for more than 30 years.
Now, Chicago Kite is bringing the joy of flying kites to friends and families in Israel with Kite Flying for Peace. Flying kites is a family-fun activity that is meant to bring people together in the great outdoors. Unplug and unwind while connecting with people of all ages.

Created by Yishai Gelb 

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