Israeli IPO’s world-beating 73% surge leads August rally
Mobileye, the Israeli startup that went public a month ago, led gains among U.S.-listed Israeli stocks in August as it surged 73%, the biggest rally among all companies globally that raised $500 million or more in the past three months. Mobileye’s $1B IPO was the biggest in the U.S. by an Israeli company on record, part of a rush of deals last month. Six Israeli companies have gone public in the U.S. this year, according to data compiled by Bloomberg. Eight more have offerings pending. To read more, click here.
Satellite lost in space? We’ll tow it, says Israeli startup
Founded in 2012 by veterans of the Israeli space industry, Effective Space Solutions Ltd. has designed a robotic space tow-truck, which it says can dock with a wayward satellite and tug it into the right orbit. The company says it’s in talks with several manufacturers to build the tugboat, or “DeOrbiter” micro-satellite, and hopes to launch within two years. To read more about the company and the growing market for space-based, in-orbit satellite servicing, click here.
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Steve Wozniak calls trip to Israel ‘one of my best experiences ever’
Apple co-founder Steve Wozniak made his debut trip to Israel last week to address an education forum, meet Israeli startups, and experience the country he has heard so much about. A noted education activist, Wozniak spoke at the EduAction Forum in Holon, the largest education conference in Israel, about the importance of computers in the classroom and about allowing children to think beyond the curriculum. To read more about Wozniak’s experiences in Israel, click here.
Prof. Isaac Ben-Israel discusses the good news about cyber-security
The recent wave in cyber-crime has many worried about information and data security. Prof. Isaac Ben-Israel, head of the Tel Aviv University Interdisciplinary Cyber Research Center (ICRC) and chairman of the upcoming International Israel Cyber-Security Conference, claims that the problem isn’t a lack of security solutions but that the right solutions aren’t always being implemented, and the fact that solutions exist is actually good news. To read more, click here.
Israeli R&D discoveries and inventions up 20% in 2012-2013
Israeli research institutions had 20% more discoveries and inventions in 2012 and 2013 compared to the previous survey in 2010 and 2011, according to Central Bureau of Statistics data. The Science Ministry’s National Institute for R&D stated that 70% of these were reported by the country’s universities, while the remainder were reported by hospitals and research institutes. To read more about the findings of the survey conducted on behalf of the Science Ministry, click here.
OurCrowd’s News Nuggets
Israeli startup Feedvisor raises $6M for its repricing platform (TechCrunch)
Eilat-Los Angeles join forces on clean-tech (Israel21c)
