News Article | May 23, 2017
Shenzhen-based Kuang-Chi Group is investing $5 million in SkyX Systems Corp., according to the drone tech startup’s founder and CEO Didi Horn. A former fighter pilot with the Israeli Air Force, Horn started SkyX in 2015 to help public and private companies monitor energy infrastructure from on high, using increasingly powerful drones and big data analytics. Horn said, “Our model is about acquiring, analyzing and delivering critical data.” The company does not have plans to use its long-range drones to haul goods or people around, he confirmed. SkyX has developed proprietary SkyOne drones that employ a fixed-wing design and helicopter-like features to take off and land on small charging stations set up in the fields alongside oil and gas pipelines. The stations shelter the drones from bad weather and theft while charging them. SkyOne drones can fly long distances autonomously, leaping from station to station, beyond the line of sight of human operators wherever it is legal to do so. Using SkyX’s operating system, SkyOS, organizations can create easy-to-read maps and graphics from the data that their drones gather by scanning structures below. The SkyOS system also can remotely dispatch fleets of SkyOne drones to survey specific points of interest or any areas that have shown signs of trouble in earlier flights. Horn claims that SkyX systems save energy industry businesses 70 to 90 percent of the budget they’d typically spend on monitoring and data using ground-based systems and manpower, and pilots in planes. The company’s investors, Kuang-Chi Group, may not be a household name in the U.S., yet, but the Shenzhen-based conglomerate is known in China and the aerospace industry for its efforts in the new space race. The company’s Kuang-Chi Science division wants to bring people (and possibly payloads) to sub-orbital space by lifting them with a huge helium balloon attached to a pressurized capsule. The system is reminiscent of that in development by Tuscon, Arizona-based World View Enterprises. Kuang-Chi Group also has established a $300 million venture fund to invest in entrepreneurs outside of China. This fund has established a presence in Tel Aviv to source deals. Besides SkyX, the early-stage venture arm of Kuang-Chi has also backed the voice analytics startup Beyond Verbal, computer vision developers EyeSight and video analytics firm AgentVi. Given the $5 million investment, Horn said SkyX will begin rolling out its drones and services to more customers throughout North America this summer and fall. Its first two customers, which the startup did not have permission to name yet, are based in Western Canada and will commence using SkyX technology in July.
News Article | May 25, 2017
"This order puts our MRM division's backlog at over $11.5 million, the highest in its history. Recurring orders of such magnitude illustrate the strong confidence our customers have in our products. This also demonstrates Micronet's increasingly favorable performance in the today's fast changing MRM/Telematics space," said David Lucatz, Chairman and CEO of Micronet Enertec Technologies Inc. Micronet's rugged computing products enable the purchasing customer to provide optimized transportation planning and performance through a network of electronic links that transacts bulk materials purchases 'just-in-time'. Additionally, the network gives transportation providers instant demand visibility, which cuts down on-site wait times and provides proof of delivery, resulting in faster payment processing. Micronet Enertec Technologies, Inc. (NASDAQCM: MICT) provides high tech solutions for severe environments and the battlefield, including missile defense technologies for Aerospace & Defense and rugged mobile devices for the growing commercial MRM market. MICT designs, develops, manufactures and supplies customized military computer-based systems, simulators, automatic test equipment and electronic instruments, addressing the defense industry. Solutions and systems are integrated into critical systems such as command and control, missile fire control, maintenance of military aircraft and missiles for the Israeli Air Force, Israeli Navy and by foreign defense entities. MICT's MRM division develops, manufactures and provides mobile computing platforms for the mobile logistics management market in the U.S., Europe and Israel. American-manufactured systems are designed for outdoor and challenging work environments in trucking, distribution, logistics, public safety and construction. This press release contains express or implied forward-looking statements within the Private Securities Litigation Reform Act of 1995 and other U.S. Federal securities laws. These forward-looking statements include, but are not limited to, those statements regarding the expected timing of the delivery of the TREQ®-317 on board computer and such order demonstrating Micronet's increasingly favorable performance in today's fast changing MRM/Telematics space. Such forward-looking statements and their implications involve known and unknown risks, uncertainties and other factors that may cause actual results or performance to differ materially from those projected. The forward-looking statements contained in this press release are subject to other risks and uncertainties, including those discussed in the "Risk Factors" section and elsewhere in the Company's annual report on Form 10-K for the year ended December 31, 2016 and in subsequent filings with the Securities and Exchange Commission. Except as otherwise required by law, the Company is under no obligation to (and expressly disclaims any such obligation to) update or alter its forward-looking statements whether as a result of new information, future events or otherwise. To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/micronets-backlog-hits-record-high-at-115-million-300463853.html
News Article | April 28, 2017
Surprise! No surprise. President Donald Trump was firing on all cylinders in a new interview with Reuters published Thursday evening, suggesting, “there is a chance that we could end up having a major, major conflict with North Korea,” calling for a renegotiation of a trade deal with Seoul, and demanding South Korea and Saudi Arabia pay up for U.S. military protection. It was a return to campaign-style rhetoric for the president, and likely complicated relations between Washington and Seoul just days before the May 9 presidential election made necessary after President Park Geun-hye was impeached last month. The two leading candidates support reestablishing relations with the North Korean regime of Kim Jong Un, a move that would offer a new challenge for Washington policymakers. Not well received. Trump’s remarks sent shockwaves through South Korea on Friday, causing the presidential frontrunners to suggest Washington ship recently deployed missile defense system home. Trump also said he’s looking to renegotiate a 2007 trade deal, calling it “horrible,” and “unacceptable.” Crystal clear. If there was any ambiguity over U.S. policy about regime change in North Korea, they can be put to rest. At least for now. “We have been very clear as to what our objectives are,” Secretary of State Rex Tillerson told NPR in an interview broadcast Friday morning. “We do not seek regime change. We do not seek a collapse of the regime. We do not seek an accelerated reunification of the peninsula. We seek a denuclearized Korean peninsula and again that is entirely consistent with the objectives of others in the region as well.” Tillerson also said the administration is open to negotiating directly with North Korea over its nuclear weapons, which would mark a major shift in Washington’s diplomatic efforts. “Obviously that will be the way we would like to solve this,” he told NPR. Missile costs. When it comes to the Terminal High-Altitude Area Defense (THAAD) missile defense system recently deployed to South Korea, the president appears to have confused the cost of the system itself with the cost of deploying it. The Lockheed Martin-built THAAD, which the Pentagon recently deployed on a temporary basis to defend against a possible missile attack from the North, runs about $800 million per system. But the United States didn’t gift the system to Seoul, and will redeploy it back home eventually. Still, Trump told Reuters, “I informed South Korea it would be appropriate if they paid. It’s a billion-dollar system.” South Korea pays about $900 million a year toward the basing of U.S. troops and equipment on its soil. The South Korean Defense Ministry issued a statement Friday saying, “there is no change in South Korea and the United States’ position that our government provides the land and supporting facilities and the U.S. bears the cost of THAAD system’s deployment, operation and maintenance.” Saudi friends. Trump also dissed Saudi Arabia, complaining Washington was losing a “tremendous amount of money” defending the kingdom. “Frankly, Saudi Arabia has not treated us fairly,” the president said. The surprising comments about Saudi come as the Trump administration is working to forge warmer ties with the kingdom, after the relationship deteriorated during the Obama years, and is considering increasing its support for the Saudi-led war in Yemen. China. The top U.S. admiral in the Pacific told a Senate panel Thursday he “wouldn’t bet his farm” on China being able to convince North Korea to do away with its nuclear weapons program. Adm. Harry Harris said things have moved in a positive direction since Chinese President Xi Jinping met with president Trump earlier this month. “I have been skeptical up to the recent discussions between President Trump and President Xi,” Harris said, adding that “we’re seeing more activity proactive, more positive activity from China than we’ve seen in a long time. I remain cautiously optimistic, but certainly hopeful.” Flynn flop. The Pentagon’s watchdog has opened a probe into whether former National Security Advisor retired Lt. Gen. Michael Flynn violated the law by accepting payments from a foreign government, reports FP’s Elias Groll. The investigation, revealed on Thursday by the top Democrat on the House Oversight Committee, is the latest setback for the disgraced former Trump campaign aide and White House advisor, whose dealings with Russian entities are under scrutiny in multiple probes. In a letter to the oversight panel, the Department of Defense’s acting inspector general, Glenn Fine said he would examine whether Flynn failed to obtain the necessary approvals before a trip to Moscow in December 2015 paid for by Kremlin-funded broadcaster RT. At the time, Flynn was retired from the Army but he was still barred from accepting payments from foreign governments without permission from the secretary of the army and the secretary of state. RT functions as a mouthpiece of the Russian state. State to remain empty for a good, long time. While Tillerson has making diplomatic comments about North Korea, he continues to remain aloof to State Department staffers, who are waiting for him to name his top lieutenants, or offer a signal of support for the work they do. The New York Times ticks off his greatest hits in three months in office. “Mr. Tillerson has also been plagued by a series of embarrassing missteps and hour-by-hour tactical turnarounds that a trusted team might have prevented. He declared President Bashar al-Assad of Syria an enduring presence only to contradict himself within days, publicly disagreed with South Korea over whether he had been invited to dinner, and noted cryptically that Iran was complying with a landmark nuclear accord only to declare hours later that the deal had failed.” Welcome to SitRep. Send any tips, thoughts or national security events to email@example.com or via Twitter: @paulmcleary or @arawnsley. Talk to the hand. Trump’s interview with Reuters managed to pack in one more slight to an American ally. Trump told the wire service that he wouldn’t be up for another phone call with Taiwanese President Tsai Ing-wen, despite her suggestion that another chat could be in the works. Trump’s phone call with Tsai during the transition raised eyebrows as a precedent-breaking insult to China, which does not recognize Taiwanese independence. Trump explained his decision by saying he was fond of Chinese President Xi Jinping’s leadership on North Korean issues and “I wouldn’t want to be causing difficulty right now for him.” Surface warfare. A Togo-flagged cargo ship full of confused sheep has done what few naval forces can claim to have done: sunk a Russian Navy ship. The Youzarsif H was hauling over 8,800 sheep through the Bosporus in Turkey when it collided with the Liman, a Russian intelligence vessel. All involved, sheep and humans, made it out ok, with the 78 crew of the Liman rescued and the Youzarsif leaving the encounter relatively unscathed. It’s not clear what the Liman’s mission was but Turkish Prime Minister Binali Yildirim conveyed his “sadness” over the incident to Russian Prime Minister Dmitry Medvedev. Talking points. The State Department is trying to make sure U.N. Ambassador Nikki Haley doesn’t get ahead of Foggy Bottom, asking her staff to run any statements by headquarters before she makes them. Haley has been the administration’s most outspoken critic of Russia and the Assad regime, appearing at times to get out in front of the White House and Secretary of State Rex Tillerson on marquee issues. The New York Times reports that Tillerson’s staff has asked Haley’s office to stick to basic talking points in public appearances and clear any significant departures from them with headquarters. Personnel. The rift between President Donald Trump and Sen. John McCain over the president’s foreign policy priorities appears to be healing, with two former aides to McCain on the Senate Armed Services Committee set to joint the administration. Buzzfeed reports that the Trump White House will soon nominate Tom Goffus as deputy assistant secretary of defense for Europe and NATO policy and Kurt Volker in line for a job at the State Department, either assistant secretary of state for European and Eurasian affairs or the number three slot at the department. McCain and Trump had butted heads over a host of issues, most acutely the president’s apparent fondness for Russian President Vladimir Putin. But the personnel changes, along with a warmer tone from McCain about Trump’s foreign policy, appears to mark a turnaround in the relationship. Fighting season. The Afghan Taliban has officially declared the start of its annual spring offensive. Fighting in Afghanistan is a cyclical, with the Taliban largely hunkering down during the winter and returning to major operations once the weather clears. Agence France Presse reports that the Taliban has named this year’s offensive “Operation Mansouri” after slain former Taliban leader Mullah Akhtar Mansour, killed in Pakistan in 2016 by a U.S. drone strike. High profile attacks like this month’s Taliban assault on an Afghan military base Mazar-i-Sharif indicate that this year could be an especially violent one. Air defense. The skies over the border between Israel and Syria are tense once again following Israel’s downing of a drone that crossed over from Syria. The AP reports that Israel shot down a drone of unclear origin using a Patriot missile. The incident comes amidst growing tension between Israel and Syria over Iranian arms transfers to Hezbollah taking place in the country and follows an Israeli Air Force strike on Damascus international airport on Thursday.
News Article | November 10, 2016
NETANYA, Israel, Nov. 10, 2016 (GLOBE NEWSWIRE) -- RADA Electronic Industries Ltd. (Nasdaq:RADA) reported today that its Board of Directors has accepted the decision of Mr. Zvi Alon, RADA’s CEO, to step-down and leave the Company following 17 years of service, including 10 years as its CEO, since July 2007. Mr. Dov Sella, the Company’s current Chief Business Development Officer will be replacing Mr. Alon, effective immediately. Mr. Sella joined RADA in January 2003 and has served as COO since April 2003 until July 2007, at which point he was appointed the Company’s Chief Business Development Officer. Prior to RADA, between 1982 and 1997, Mr. Sella worked at Israel’s largest publicly traded defense company, Elbit Systems Ltd., where he served in a number of managerial roles including Director of Programs, Director of Avionic Engineering and Director of Business Development. Between 1997 and 2000, he served as VP of Business Development and VP of R&D of a medical devices start-up, UltraGuide Ltd. The three years prior to joining RADA, Mr. Sella was the president of NeuroVision Inc., a medical technology start-up. Mr. Sella has a B.Sc. degree (cum laude) in Computer Engineering from the Haifa Technion (The Israeli Institute of Technology). He also served as a fighter aircraft navigator in the Israeli Air Force. Mr. Yossi Ben Shalom, RADA’s Chairman of the Board, stated: "Zvika served RADA for 17 years, and became an integral part of the development and growth of the Company. During the past year, Zvika led the Company’s evolution from its traditional avionics business towards the future tactical radar systems. Zvika also led the Company’s fund raising efforts during the past two years that solved its financial crisis. We thank Zvika for his outstanding loyalty, efforts and contribution, and I would like to join the rest of the Board in wishing him the best of success in his new endeavors. He will always remain a cherished part of the RADA family." Mr. Alon commented, “My 17 years with RADA, including the past 10 as CEO, was a highly rewarding period for me, overcoming many challenges and ultimately turning RADA around, setting it up for the future growth and prosperity. The time has come to hand over the reins and I wish Mr. Sella the best of luck and success in his new role. I shall always have a warm spot in my heart for RADA and wish the Company well for the future.”
News Article | October 31, 2015
RIDGECREST, CA--(Marketwired - October 31, 2015) - Ridgecrest dentist Dr. Josef Mamaliger is reminding patients to schedule their second biannual dental visit before the end of the year. Dr. Mamaliger said the end of the year is typically the busiest time of the year for his dental office, The Dentist House. With the holidays quickly approaching, Dr. Mamaliger is advising patients to schedule their visits as soon as possible to make sure they can be seen before Dec. 31. "Not many of us are considering the end of the year in October, but in a dental office, this is our busiest time," Dr. Mamaliger said. "Planning ahead gives us time to get everyone in, with a comfortable amount of time to finish their work. When we start approaching the holidays, our days get filled up and our patients' free time starts to get smaller and smaller." Many patients with dental insurance have an annual allocation that does not carry over to the next year. Dr. Mamaliger said patients with remaining insurance money may have untreated dental issues. Dr. Mamaliger sends out end-of-the-year letters to better inform patients who need to have dental treatment completed before the first of the year. The Dentist House also will be giving away a flat-screen TV as part of a patient drawing. "We want to inform patients who have outstanding dental issues so they can use their insurance benefits by the end of the year," Dr. Mamaliger said. "I hate to see patients lose their dental insurance dollars after having paid into the plan for the whole year." Dr. Mamaliger offers crowns, bridges, teeth-whitening treatments, prepless veneers and durable dental implants. Dental implants are used to replace individual missing teeth or to replace entire arches of teeth. Dental implants give patients about 90 percent of the chewing force they had with their natural teeth. Dr. Mamaliger uses dental implants to replace individual missing teeth or stabilize dentures. Dental implants have become popular options for patients with removable dentures because the implants stabilize oral devices and prevent any future jawbone deterioration. In addition to life-changing implant dentistry, Dr. Mamaliger provides prepless veneers that can transform a patient's smile instantly. No-prep veneers are unique because they do not require any drilling or removal of tooth enamel. To place the veneers, Dr. Mamaliger simply bonds the composite veneer over the tooth without any discomfort to the patient. Dr. Mamaliger was born in Russia and immigrated to Israel as a child. He earned his dental degree in Israel and then served in the Israeli Air Force for five years. Dr. Mamaliger trained with some of the best specialists in Israel before moving to the United States, where he completed his boards in 1990. He started his Ridgecrest dental office in 2007. The Dentist House uses the latest technology like a CT cone beam scanner to diagnose and treat its patients, from preventive dentistry to planning dental implants and diagnosing sleep apnea. Dr. Mamaliger offers a five-year warranty on all of his work. To learn more about Dr. Mamaliger's cosmetic dentistry or implant dentistry, visit the doctor's website at www.thedentisthouse.com or call 760-657-4049.
News Article | May 7, 2013
Israel may have attacked targets in Syria — and risked a wider war — to stop ballistic missiles from falling into the hands of Islamic extremists. But current and former Israeli missile defense officials insist that if Hezbollah militants ever got the Fateh-110 weapons, Israel could shoot the missiles out of the sky. “We are now able to cope with all the missiles that are threatening Israel right now, including the longer-range missiles in Iran and in Syria,” Arieh Herzog, the former director of the Israel Missile Defense Organization, tells Danger Room. Unless, of course, the extremists fired off a whole lot of the weapons at once. Israel’s missile defense calculus and the decisions it makes based on that calculus have repercussions far beyond its own borders. The more vulnerable Jerusalem feels to indirect fire, the more likely the Israeli military is to hit missile stockpiles in places like Syria, as they reportedly did over the weekend. And the more that happens, the higher the chances that the already gruesome Syrian civil war escalates into a region-wide — or even global — conflict. (Already, President Obama under intense pressure to intervene more directly in the conflict.) Israel’s Iron Dome interceptor system kept hundreds of crude, unguided rockets from hitting Israeli towns during 2012’s mini-war with Hamas. After the weekend’s airstrikes on Syria — attacks that the Syrian regime vowed to avenge — the Israel moved a pair of Iron Dome batteries to its north, in order to counter the low-tech threat. But Iron Dome would be useless against the 27 foot-long, Iranian-made Fateh-110s, which can come crashing down on a targets hundreds of miles away at three and a half times the speed of sound. The missiles give Hezbollah the ability to blast Tel Aviv and nearly every other major Israeli city. Oh, and they might be capable of carrying chemical warheads, too. Right now, Israel’s missile defenders say they can counter the Fateh-110s, thanks to a different interceptor system called the Arrow-2. But that defense, like any defense, is imperfect. (“Rockets and missiles will hit us,” says Col. Tzvika Haimovitz, who commands the Israeli Air Force’s active missile defense wing. “My job is to minimize this number, to minimize the damage.”) And unlike the Iron Dome, the Arrow-2 has never been tested in combat. The Arrow has been in the works since the Missile Command era, when Washington and Jerusalem agreed to co-develop the interceptors as part of the Reagan administration’s “Star Wars” push. Saddam Hussein’s Scud missile attacks during the first Gulf War only heightened the need for some sort of protection. The first Arrow battery went operational at the turn of the millennium, and was designed to stop Scuds in the final few seconds before they strike. But it wasn’t until a series of tests in the mid-2000s in California that upgraded Arrow-2s began to show that they might be able to handle the job, working with Green Pine phased array radars to find and detonate against a real Scud-B missile flying in from nearly 190 miles away. Further improvements followed: a better ability to discriminate real weapons from fakes; an upgraded “Super Green Pine” radar; a single, nationwide system for controlling all of the country’s Arrows; integration with Iron Dome and with the country’s batteries of Patriot-3 anti-missiles. Today, the system can handle a weapon like the Fateh-110, Herzog says: “Basically, its range and typical trajectory is quite similar to the Scud B. The trajectory is similar, the size is similar, the warhead size is similar. Therefore you can imagine that the system designed to stop the Scud-B could be able to intercept it.” Which begs the question: Why chance a broader war in order to stop the weapons? After the airstrikes, Syria’s cabinet declared that it had a duty “to defend its people by all available means,” and UN Secretary General Ban Ki-Moon expressed his “grave concern” over the attacks. “Israel’s alleged airstrikes in the Damascus region play nicely into the hands of Assad and the Syrian regime,” Haifa University professor Kais Firro tells Al Monitor, because the Assad regime can now label the rebels as tools of the Jewish State. “In fact, they’re celebrating. It’s exactly what they needed.” But the worry in Israel is that too many simultaneous attacks — especially simultaneous attacks from different directions — will overwhelm the Arrow-2. “It’s quite easy to stop a single point of threat. Unfortunately, the battlefield situation is more complicated,” Haimovitz tells Danger Room. And a single Fateh-110 getting through could have devastating consequences if it hits a major city. It’s one of the reasons why in its 2006 invasion of Lebanon, the Israeli military immediately targeted Hezbollah’s missile and rocket launchers, destroying 59 in the first 34 minutes of the war. “Basically the Fateh 110 is a long-range, guided, accurate rocket with a big warhead. Therefore it’s a much more important rocket than the others Hezbollah has. Being accurate, they need to have a much smaller amount of rockets fired against a single target,” Herzog says. “Of course, there is a defense and we can intercept them,” he adds. “But always interception is limited and there are always chances that the other side will be successful and penetrate the defenses. If they’re accurate, it’s much more problematic than an [unguided] type of rocket.” And while Arrow-2’s test record is broadly successful, there have been glitches along the way, like the 2009 drill that was aborted when a Super Green Pine radar couldn’t transfer targeting information to an older model. A separate system, dubbed Arrow 3, is designed to serve as a kind of a back-up to — and improvement on — the current interceptors. It aims to hit a ballistic missile far earlier in its flight, while it’s still flying through space. An initial stage is designed to to take the anti-missile past the atmosphere, and then a second stage interceptor maneuvers to crash into the target. The first “exo-atmospheric” test of the Arrow 3 was held in February, and was promptly proclaimed a success. The U.S. has already invested nearly $250 million in the new system — part of an estimated $1 billion sunk by Washington into the overall Arrow project. Israel is expected to ask for another $680 million for additional Arrow-3 batteries in advance of an initial deployment that’s set for 2016. And even then, Israel is unlikely to stop the airstrikes if it sees another missile shipment it can hit.
News Article | July 25, 2014
After a rocket fired by Hamas landed a mile from Tel Aviv’s Ben-Gurion International Airport on Tuesday morning, airlines in the U.S. and Europe suspended flights to Israel, saying it was too dangerous. The next day, Israel’s Civil Aviation authorities sent a memo to international airline regulators and airlines, making the case that Ben-Gurion is well-defended and that travel is safe. Addressed to “All international aviation regulating bodies and foreign air carriers operating to Israel,” the memo (PDF) was signed by Giora Romm, director general of the Civil Aviation Authority and a former pilot and officer in the Israeli Air Force. It was provided to Bloomberg Businessweek on Friday by an Israel-based employee of an international airline, who asked not to be identified because he was not authorized to release it. Romm did not respond an e-mail late in Israel’s day, and the CAA did not answer the phone. In the memo, Romm wrote: The Iron dome launch batteries covering Ben-Gurion Airport operate under a specific set of procedures which I cannot go into in detail due to security reasons. I would like to note, however, that out of over 2,250 rockets fired from Gaza into Israeli territory (a portion of which have been directed at Israel’s center), not a single one has landed in Ben-Gurion Airport. Israel’s ability to defend Ben Gurion appears to have played a critical role in persuading U.S. officials to end the flight ban, which had caused anger in Israel. The country also expanded an area over the Mediterranean Sea where aircraft could hold if the airport were compromised, the airline employee said, and it has reconfigured arrival and departure routes in response to the conflict. The memo also addressed the rocket attack near the airport: The July 22nd rocket attack impacted at a distance of approximately one mile from the airport’s outer perimeter fence. The Israeli Air force, responsible for intercepting the rocket via the Iron Dome system, was aware of the projected impact point almost three minutes beforehand, and realized that it would hit outside Ben-Gurion’s borders. In this particular case, the Air force chose not to intercept the rocket, for calculated reasons completely unrelated to Ben-Gurion. Airlines don’t base their flight plans strictly on government recommendations, a point emphasized Thursday by the chief executive officers of American (AAL) and Delta (DAL) during conference calls to discuss financial results. Moreover, many commercial pilots are former military aviators who would refuse to fly into a particular location if they did not consider it safe. The memo also noted differences with the Malaysia Airlines (MAS:MK) MH17 shoot-down, which has everyone in the airline industry on edge. Malaysian Airlines flight MH117 was shot down by a Surface-to-Air missile battery (designed expressly for the purpose of shooting airplanes out of the sky), whose crew actively guided the missile to hit its chosen target. None of these factors apply to the kind of threat Israel, and Ben-Gurion in particular, are facing today from unguided rockets, which are entirely different from missiles. U.S. airlines resumed flights to Israel on Thursday night and European airlines restarted their service on Friday. Lufthansa (LHA:GR) said its flights would resume on Saturday.
News Article | April 7, 2015
Biowearable company Echo Labs, developed under the highly successful Stanford startup incubator StartX, has selected Los Angeles technology public relations firm PMBC Group as its agency of record. PMBC Group will be responsible for publicizing the revolutionary wearable that allows for constant non-invasive monitoring and analysis of blood components in order to track key indicators of nutrition, health, fitness and metabolism. “We are excited to work with Echo Labs as they continue to push boundaries in the tech and healthcare industries,” said Ola Danilina, CEO and founder of PMBC Group. “We are proud to play a key role in this innovative product as we generate significant media awareness with a strategic national media relations campaign.” PMBC Group will lead a thought leadership media campaign targeting business, technology and consumer press by leveraging Echo Labs co-founders’ unique backgrounds. Elad Ferber and Pierre-Jean Cobut, from Israel and Belgium respectively, met at the nation’s most competitive MBA program at Stanford Graduate Business School and have been named by Business Insider as Stanford Business students destined to change the world. Elad has nine years of experience in rapid prototyping of innovative hardware and software products. He served as an active duty officer in the Israeli Air Force where he designed and led the development of innovative aviation systems. He then spent two years as the head of systems engineering at SpaceIL, a non-profit organization that built a moon lander to compete in the Google Lunar X-Prize competition. Pierre-Jean is an entrepreneur with a successful track record in product and online marketing, sales and finance. He started his career at Procter & Gamble where he developed financial and strategic models for brand launches and expansions. Later, Pierre-Jean founded a company manufacturing and selling environmentally friendly equipment, where he managed marketing and sales, leading the company to international success through major contracts across Europe. PMBC Group is a fast-growing public relations agency based in Los Angeles, with offices in Beverly Hills. PMBC is dedicated to delivering tactical, results-driven public relations campaigns that build brand value and advance immediate and long-term business goals. PMBC’s success-proven formulas are designed to navigate the modern media landscape utilizing a collaboration of new and traditional media to achieve strategic media exposure to reach key consumer audiences, industry influencers, investors and other constituents that matter to our clients. PMBC is comprised of a team of professionals of varied backgrounds from public relations, journalism, social media, merchandising, product development, venture capital, entertainment and hospitality. For more information, please visit http://www.PMBCgroup.com. Echo Labs is the developer of a biowearable sensor that provides constant insight into the human body with innovative, non-invasive technology. The device monitors and analyzes blood components in order to track key indicators of nutrition, health, fitness and metabolism. The device will be available for pre-order in summer 2015. Echo Labs was founded by Elad Ferber and Pierre-Jean Cobut and developed under Stanford’s incubator StartX. Echo Labs’ mission is to use its technology to advance medical research, as a catalyst to create a significantly healthier world. For more information, please visit http://www.EchoLabs.co.
News Article | March 14, 2016
The Israeli Defence Forces are looking to make a significant shift from fossil fuels to renewable energy sources to meet its energy demand. According to media reports, the Israeli Defence Forces (IDF) plans to replace all its diesel power generators with solar power panels. The reports do not mention any specific timeline for this transition. While the IDF admits that complete dependence on solar power may not be possible for its continuous operation, it intends to make use of all incentives being offered by the government to contribute towards a general transition of the country towards renewable energy. A pilot power project started in 2014 examined the use of solar power combined with batteries and generators for backup. The IDF has also ordered installation of solar power panels over a million square feet for powering Israeli Air Force bases. The Infrastructure, Energy and Water Resources Ministry seeks to increase the share of renewable energy in the country’s electricity consumption to 10% by 2020 and 17% by 2030. The Israeli legislature is currently considering a draft renewable energy law that may convert these targets into a government-backed regulation. Israel is among the growing number of countries whose armed forces are looking to adopt renewable energy technologies to reduce dependence on fossil fuels and contribute towards the national targets to reduce greenhouse gas emissions. Multiple arms of the US armed forces have been working on adoption of renewable energy technologies for a long time now. Last year, the Indian armed forces pledged to set up 300 MW of solar power capacity, to contribute towards the country’s target to have 100 GW operational solar power capacity by March 2022. Image Credit: א.ינאי | Public Domain Get CleanTechnica’s 1st (completely free) electric car report → “Electric Cars: What Early Adopters & First Followers Want.” Come attend CleanTechnica’s 1st “Cleantech Revolution Tour” event → in Berlin, Germany, April 9–10. Keep up to date with all the hottest cleantech news by subscribing to our (free) cleantech newsletter, or keep an eye on sector-specific news by getting our (also free) solar energy newsletter, electric vehicle newsletter, or wind energy newsletter.