Another $6.3 million in funds for seven new joint US-Israeli projects approved; El Al trains American civilians to become pilots; US buys more Israeli tank defense systems, and much more!
By: Michael Ordman
ECONOMY & BUSINESS
Grants for seven more US-Israel projects
The BIRD Foundation has approved another $6.3 million in funds for seven new joint US-Israeli projects. The Israeli companies involved are ARTsys360, Correlor Data Science Intelligence, Diamond Valley, DouxMatok, Manam Applications, Oxitone Medical and Pixellot.
El Al to open Florida school for pilots
El Al is to train civilians to become commercial pilots in Florida, USA, commencing in December. The new course is for Israeli citizens, at least 21 years old with matriculation certificates and no previous flying experience. There is a growing shortage of pilots worldwide.
US buys more Israeli tank defense systems
I reported previously (8th Oct) that the US Army had installed Israel’s Trophy Windbreaker active defense system on some of its Abrams tanks. Tests of the system were so successful that the US Army is now buying another $193 million worth of Windbreakers.
Israeli economy stable
Global economy isn’t. The latest Bank of Israel analysis of the domestic financial system shows that it remains stable. However, there is greater likelihood of an economic or geopolitical shock originating abroad. Looking long-term, the strength of most industries in the business sector has improved.
Daily flights to Delhi
The new 3-days-a-week Air India service from Tel Aviv to Delhi is so popular, that it is being increased to a daily service. The route began in March, making history when Saudi Arabia, for the first time, gave permission for an airline to fly direct to Israel over its territory, reducing the flight time by 2 hours.
Helping improve Mexican soccer teams
The Mexican Soccer Federation (FMF) and the Liga MX, the top tier of Mexican soccer, have agreed a deal with Israeli automated sports production company Pixellot. Pixellot’s coaching systems will be deployed at all 18 clubs in the Liga MX, as well as their respective youth academies.
Maximize your sales with Joopy
Israel’s Incentives Solutions markets the Sales Performance Management platform “Joopy.” Its features include incentive schemes, analytics and interface to payroll systems. Clients include Nestle, Coca Cola, AIG, Pheonix Insurance, Orange and Teva.
More telecoms for Peru
Peru’s Fitel has awarded Israel’s Gilat Satellite Networks another two regional telecoms projects. The Amazonas project is worth $108 million and the Ica project worth $45.6 million. Previous projects won by Gilat in Peru (see here) have been worth nearly $400 million.
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