July 24, 2013
July 18, 2013
The awards were given last week for the quality of each company’s offerings and their commercial potential, as well as for the manner in which they progressed from early stage start-up to becoming ready for
June 25, 2013
June 6, 2013
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April 22, 2013
The worldwide buzz around the revolutionary aluminum-air battery of the Israeli-based technology company Phinergy is reaching new peaks. Even president Obama had the chance to view the technology during his visit to Israel.
Phinergy has created a car battery that powers an electric vehicle for as long as 1,000 miles (1600 km) before needing a recharge. The Company’s Aluminum-Air battery system has been successfully integrated into an electric vehicle resulting in more than three times the driving range of current EVs.
Aluminum is a widely available metal that is easily recycled and contains high amounts of energy (8 kilowatt-hours per kilogram). Today, Phinergy’s Aluminum-Air battery is using air and water to unleash the vast energy stored in aluminum. The air is breathed in by a proprietary membrane – the air electrode – and the water is filled into a tank by the user, creating a holistic system that enables an Electric Vehicle to drive without having to stop other than to refuel with water every few hundred kilometers.[caption id="" align="alignright" width="240"] President Obama checks out Phinergy[/caption]
President Obama had the chance to view Phinergy's technology, among other Israeli innovative companies and technologies, during his recent visit to Israel.
Phinergy, which has been operating in stealth mode during the last few years, first publicly announced its achievements at the Israel Dealmakers Summit that was held in New York last March, in a panel chaired by Mr. Oded Distel, Head of Invest in Israel and Israel NewTech.
"I believe aluminum will become the next major sustainable energy source thanks to metal-air technology," said Mr. Aviv Tzidon, Phinergy's Chairman & CEO.
"Phinergy is a current example of an Israeli-based technology that has the potential to create real impact on the global energy and transportation arenas," says Oded Distel. "We were in close contact with Phinergy during their ‘stealth years’ and knew that something very promising is going on over there. I feel very confident saying that during the next few months some more Israeli companies that have been developing technologies ‘under the radar’ will come out".For the full article go to the Israel NewTech blog.
April 22, 2013
Cornell and the Technion together won the prize in Mayor Michael R. Bloomberg’s contest to create a new science school. According to the Technion,The Technion-Cornell Innovation Institute (TCII) is a joint venture of Technion and Cornell University, and will be a key component of the new Cornell NYC Tech campus, a unique high-tech graduate school to be established on Roosevelt Island in New York City. As conceived by Mayor Bloomberg, the goal of the entire NYC Tech campus - and the TCII within it - is to turn NYC into the high-tech capital of the world.Even though the sprawling Cornell NYC Tech campus on Roosevelt Island is still 25 years away, the New York Times recently reported that the first program is already up and running. Eight students enrolled in January in what is being called the beta class, a one-year master’s program in computer science.
Perhaps in light of this exciting project on the horizon in New York, the Times recently covered the Technion and tried to understand what is the "magic formula" which makes the Technion such a phenomenon:
“I can say without exaggeration that Israel could not have been built without the Technion,” says Yossi Vardi, who has founded or helped build more than 60 companies in Israel and has five degrees from the Technion. “There is a Technion graduate behind practically every highway, desalinization plant, new missile technology and start-up company in the country.”
This is not mere school spirit talking. According to Shlomo Maital, senior research fellow at the Samuel Neaman Institute for Advanced Studies in Science and Technology, a fourth of the university’s 60,000 alumni who are of working age have, at one time or another, initiated a business, and a fourth are C.E.O.’s or vice presidents. The annual output of graduates in high-tech industries is estimated to be at least $21 billion. Among inventions from Technion research labs: the memory stick, drip irrigation, the Parkinson’s drug rasagiline, the iron dome air defense system and instant messaging.
What stand behind the success is being debated, it could be the fact that Israeli students come out of their military service, making them more mature, it could be the "Jewish Mother" effect, or simply excellence in education. Whatever it is, New York's Bloomberg hopes that the Cornell NYC Tech will do for the city what the Technion has done for Haifa, and for Israel's hi-tech industry as a whole.
For the full New York Times article click here.