According to Globes, "when IMI Systems is fully merged with Elbit Systems, IMI's current activities will operate from three plants: new plants in Ramat Beka in the Negev, and Yokneam and Tziporit in the north."
Tenova's technology for extraction of lithium to be used in Clayton Valley Project
Eyal Waldman discusses the changes in management that come with growth
In Shoshanna Solomon's article (in French) for the Times of Israel about how founders of startups need to let go, she discusses how change affects management style. Among others, she quotes Eyal Waldman of Mellanox as saying "...when the company was a start-up, I was much more involved in all the processes. I miss that. I used to be more involved. Now I need to talk a lot. It is more difficult to play on the playground of adults, because if you fail, the fall is stronger and more difficult. "
Proxy fight at Mellanox heats up as Starboard Value continues to attack management
The New York Times reported that Starboard Value, which started the proxy fight, just sent a letter to Mellanox attacking its policy of stock grants to executives.
Pilot incentive track for foreign corporations who work in the field of biotechnology, medical devices or digital health
The Israel Innovation Authority recently announced a new pilot incentive track for financial support at the rate of 20% to 40% of the total budget approved for a specific R&D program application. The R&D plans will be approved in advance for a period of up to 3 years. R&D Centers which operate in geographic development zones are entitled to additional 10% of support. Supported Companies will not be obliged to pay royalties to the Israel Innovation Authority.
Proxy fight at Mellanox
US investor who acquired 10.7% of Mellanox stock in November is reported to have started a proxy fight for control of Mellanox.
מועצת רשות החדשנות אישרה מימון תשתית מו"פ משותפת לחברות תעשייתיות
רשות החדשנות תשתתף ב-66% מעלויות אפיון, הקמה ותפעול מתקן ההדגמה / תשתית למו"פ. יתר המימון, יגיע מהחברות המשתתפות באיגוד.
First Yokneam Conference Was a Success כנס יקנעם הראשון הסתיים בהצלחה גדולה
Summary of the Yokneam Conference (in Hebrew)
מפגש קהילת היזמים של יקנעם ביחד עם קהילת מועדון ארוחת הבוקר. לערב מרתק של פאנל סוחף נטוורק מעולה, ובסוף הופעה לייב של להקת 09:30 and the gang. כל שנותר הוא להמתין לערב הבא. ולהצטרף לקהילה!
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BATM sells building in Yokneam for $9.7 million
According to Proactive Investors, the building which was built by BATM 17 years ago was sold to take advantage of the increased value of property in Israel and at the same time provide it more flexibility in meeting its property requirements. BATM will lease back 2,027 square meters.