Oriient Announced a GPS-like Indoor Navigation Platform

Oriient’s algorithm detects minute distortion in earth magnetic field created by the metal rods and beams in the building’s structure. The company completed of a $4 million seed funding round

Semiconductors Sales Declined 13% in Q1 2019

Worldwide sales of semiconductors totaled $96.8 billion during Q1-2019. “Sales in March decreased on a year-to-year basis across all major regional markets and semiconductor product categories”

Vishay Siliconix and TowerJazz Expand Automotive Manufacturing

TowerJazz is ranked as Vishay Siliconix’s number one foundry

Check-Cap Reveals the Secrets of its X-ray Capsule

About 12 mm diameter and 34 mm length, C-Scan capsule generates a perfect image of the colon’s inside walls, while passing naturally

AI Takes Center Stage in Israeli High-tech

Out of $1.55 Billion raised in Q1 2019, AI companies attracted $599 Million raised in 51 deals—almost doubling the figures of Q1 2018

Electric Road System in Sweden

The public-private initiative, based on Electreon’s leading technology, will be the first in the world to charge inductively both an electric truck and a bus while in full motion

Intel to Exit 5G Smartphone Modem Business

Intel CEO Bob Swan: “It has become apparent that there is no clear path to profitability and positive returns in the smartphone modem business”

Elbit to Acquire Harris Night Vision Business

Elbit will pay $350 Million. The transaction is conditioned on completion of Harris’ proposed merger with L3 Technologies

Rohde & Schwarz acquired Camero-Tech

Camero-Tech from Kfar Netter near Tel aviv, was founded in 2004 and is the pioneer of Sense-Through-The-Wall solutions

Innoviz raised $132 Million for Automotive LiDAR

Innoviz’s automotive-grade LiDAR, InnovizOne, and its computer vision software were selected by BMW for series production of vehicles

I.D. Systems to Acquire Pointer Telocation for $140 Million

I.D. Systems and Pointer will each become wholly-owned subsidiaries of the newly-created PowerFleet, Inc., which is expected to be dual listed on Nasdaq and Tel Aviv

Out of Stealth Mode: Lightbits Labs Announced NVMe/TCP Products

With $50 million in funding, Lightbits is pushing the NVMe revolution with the new NVMe/TCP standard to provide private clouds and data centers the performance of local SSDs over standard networks

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