Discover more from FREE E-Letter Business Israel&Abraham Accords by VonNaftali
E-LETTER (8.02.2023) on Business&more from Israel&Abraham Accords by 'VonNaftali' /#17
What's in: FoodTech, Quantum Supremacy, Abraham Accords and Biodiversity
The daily business news contradicts the left’s lie that investors and international, global companies are avoiding Israel and Israeli companies. On the contrary: More and more companies sign huge service contracts, win investors, and raise pre-seed and investment rounds en suite. Obviously, they trust the judicial system of Israel and its coming reforms.
Meala FoodTech, a start-up from Haifa, is one example out of an abundance of examples. Meala was founded in 2021 by product innovation specialist Hadar Ekhoiz Razmovich; Tali Feldman Sivan, PhD, a serial entrepreneur and business strategist; and Liran Gruda, CIO and culinary chef. The start-up Meala FoodTech, Ltd. is a developer of a functional protein platform. The company announced today the close of $1.9M in pre-seed investment.
Tel Aviv University establishes the first satellite observatory for quantum optical communication. So the next step to quantum supremacy is taken.
The Center for Quantum Science and Technology at Tel Aviv University has built the first ground station in Israel – and among the most advanced in the world – for tracking, sensing, hyperspectral imaging, and optical and quantum communication with satellites in orbit around the Earth.
The station includes a satellite observatory dome with a diameter of 4.25 meters, a tracking system, a primary high-speed camera and secondary tracking cameras, laser equipment, single-photon detectors, and a tracking robot that can carry two telescopes simultaneously.
ADQ, an Abu Dhabi-based investment and holding company, announced a partnership with Archireef, a climate technology company headquartered in Hong Kong, which will fund research and implement eco-engineering solutions for marine biodiversity restoration using the latest technologies in 3D printing, IoT, and AI.
The emirate of Abu Dhabi is home to 34 different types of hard coral spread in several locations, including Ras Ghanada, Butinah, Alsaadiyat and Alnouf. In 2017 alone, Abu Dhabi lost 73 percent of its reefs due to mass coral bleaching, caused by an increase in water temperature.
Although coral reefs cover less than 1 percent of the Earth’s surface, they are home to 25 percent of all marine fish species and support approximately 4000 species of fish and 800 types of coral.