JTA NEWS
22 November 2017 - 4 Kislev 5778 - ד' כסלו ה' אלפים תשע"ח
JTA NEWS :
Business
Autotalks teams up with Taiwan’s RoyalTek E-mail

Autotalks, an Israeli semiconductor company that makes vehicle-to-vehicle communication systems for use in autonomous driving cars, and Taiwan’s RoyalTek, a maker of global positioning systems (GPS) and satellite navigation technology, have joined forces to improve road safety.

The two companies made their announcement in January at the consumer electronics tradeshow CES 2017 in Las Vegas, Nevada, US.

The companies said they will develop a new vehicle-topedestrian product in which cars equipped with Autotalks’ V2X semiconductor chips will be able to “talk” to pedestrians who use RoyalTek’s OMEN device. Designed as a phone case, the OMEN is equipped with chips that will send alerts to pedestrians, cyclists and motorcyclists on their phones when cars get dangerously close and there is a risk of a crash. The joint product is currently at the prototype stage.

The algorithms that define what constitutes a risky or dangerous situation still need to be worked out, along with what form the alert will take – at the moment it is a visual alert on the phone, but a vibration or ring could be added to increase its impact, Autotalks said. The product will also be hacker-proof, allowing regular consumer cellphones to be used without compromising their privacy or security.

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Elbit Systems secures Asia-Paci c contract E-mail

Elbit Systems has won a contract worth approximately US$110 million from an Asia-Paci c country for the upgrade and maintenance of dozens of Mi-17 helicopters.

The project will be carried out over a five-year period. The solutions are tailored to meet customer demands, whether they are for a single system, large-scale systems, structural upgrades or maintenance and support.

Bezhalel (Butzi) Machlis, President and CEO of Elbit Systems said: “Since the ‘ageing helicopter’ market is growing rapidly and includes numerous Eastern platforms, we hope other customers will follow the selection of our modernisation solutions.”

According to Defenseworld.net, Mi-17 helicopters are own in India, Myanmar, Nepal, Sri Lanka, Vietnam and Thailand.

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INDIA AND ISRAEL AMONG TEAMS FIGHTING FOR FIRST PRIVATE MOON LANDING E-mail

Google and non-pro t company X Prize announced in January that out of 33 original teams, five have secured launch contracts to send spacecraft to the Moon.

Israel’s SpaceIL team and India’s Team Indus are among the final five. The SpaceIL team is funded by a US casino tycoon, while Team Indus receives support from the Indian Space Research Organization.

Teams must launch their spacecraft by no later than 31 December 2017 to be in the running to win the US$20-million Google Lunar X Prize.

The spacecraft must carry a payload containing a data disk and a commemorative plaque, and be able to transmit up to 100 kilobytes of data from the surface to the orbital craft, which must then transmit that information back to Earth. No more than 10 percent of the mission cost can come from government funding.

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Chinese company invests in InovyTec Medical Solutions E-mail

Israel’s InovyTec Medical Solutions Ltd. has received a US$3 million investment from Vincent Medical Holdings, a Chinese holding company that does research and development and manufacture and sale of medical devices.

The investment gives Vincent Medical Holdings a 15% stake in the company. It will also open up the Chinese market to InovyTec, which has developed non-invasive and portable medical devices for out-of-hospital emergencies that aim to help even non-trained personnel provide life-saving emergency care to patients.

Leveraging Vincent Medical’s experience and presence in China, InovyTec will be able to “capitalise on the huge potential that exists in China and in the area in the sector of medical devices,” said Udi Cantor, the founder and CEO of the Israeli firm.

The startup’s LUBO product, which has already obtained the necessary regulatory permits, including from the FDA, allows the opening of the airways in a safe and non-invasive way. It is based on the field experience of Dr Omri Lubovski, a veteran of the Israeli army’s aviation rescue 669 unit. Lubovski realised the need for opening the airway in a quick, non-invasive and efficient way, especially in complicated field or road-side situations.

In addition, InovyTec has developed the SALI, a portable device that can treat both cardiac and respiratory failures by allowing emergency responders to manage airways, oxygen therapy and defibrillation on site, and at the same time transmit signals and data to any remote emergency centre for backup using cloud technology.

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Israel Diamond Pavilion at Hong Kong show hosts 83 companies E-mail

Israel’s diamond industry was again a major presence at the Hong Kong International Diamond, Gem & Pearl Show, organised by the Hong Kong Trade Development Council. This year’s event ran from 28 February to 4 March at the AsiaWorld-Expo.

The Israel Diamond Pavilion, organised by the Israel Diamond Institute Group of Companies (IDI), hosted 83 companies. There were also 10 Israeli companies exhibiting in other locations throughout the show. Among the Israeli exhibitors four companies were participating in the show for the first time.

In the 1,200-square-metre Israel Diamond Pavilion, located in the Diamond Hall, IDI hosted a spacious lounge, with refreshments being served throughout the day.

Three “Get Diamond Show” terminals enabled buyers to search a computerised database in both English and Chinese to find all the goods offered by Israeli exhibitors at the show. Buyers could also access the Get Diamond Show system on their smartphones.

The Israeli exhibitors presented diamonds of all shapes and sizes, with several companies showing very large and important stones and fancy coloured diamonds. Many of the exhibitors were also showing specially designed pieces of diamond jewellery.

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