The Fenesta Family is a high quality animation series that takes Israeli animation to a new level. Hebrew speakers can read about it in the Maariv article: "משפחת פנסטה": הסדרה שהיא בול כמו המשפחה שלכם, רק מצוירת
ORT Yokneam High School Student develops app for autistic people
The target is to make the world clearer for autistic people.
Ido Arbili, a Senior student at OrRT Peres High School is developing an android application to enable better communication between him and his friends.
The app will include special imoji’s.
Although Ido faces autism, he completed his BAGRUT exam last year in Computer Science (CS). During this year, he is working on a large-scale project with the guide of his CS teacher - Danny Benishay (dannyb@yalon.ort.org.il) who offered him the opportunity to develop an app for people facing challenges like his. One of the main obstacles for such people is the ability to communicate over WhatsApp; Ido decided to develop a suitable communication chat for people like himself. The app will color messages that have been sent and includes emojis which can be understood by similar people with autism. The School Principal Ada Avercohen-shemsh said “I’m very proud with Ido’sof work, a superb student who always thinks how he can further contribute to the world”. Ido is plans to complete the app in the next 6 months
ReWalk Robotics. (RWLK) reported a loss of 6 cents per share
According to Zacks Investment Research, Rewalk reported revenue of $1.2 million for a a loss of $3.9 million for Q4, 2021. It also reported $6 million of revenue for the year with a loss of $12.7 million, or 27 cents per share. See https://www.zacks.com/ap/RWLK for details.
ColorChip LTD forms a global group to address the Metaverse and WEB 3.0 needs for higher speed connectivity and AR/VR applications
InMode (INMD) , selling at just over $51/share, announced 2021 earnings of $1.92 per share
According to the Houston Chronicle, InMode expect to earn in the range of $2.06 to $2.11 per share this year.
nVidia to expand R&D in Israel
The No Camels website reported on nVidia’s plans to establish a new design and engineering group that would lead the development of next-generation Nvidia CPUs for the next technology revolutions in AI, robotics, autonomous vehicles, and virtual world simulations from Nvidia’s new platform, Omniverse,.
EU Innovation Council Awarded €10M in Grants and Equity Investment to Cardiac Success
The €2.5 million grant and additional €7.5 million in equity investment will support the accelerated clinical development of the “V-sling” system under development. The “V-sling” is a transcatheter ventricular repair device designed to provide a new approach to the treatment of heart failure patients.
Butterfly Medical Receives CE Approval for its Next Generation Medical Device to Noninvasively Treat BPH Patients
BPH is a condition where the prostate enlarges and is highly prevalent in men, 50+ years old. Its symptoms often include problems urinating, urgency to urinate, getting-up during the night, as well as sexual dysfunction all having a significant negative impact on quality of life.
$1B sale of Lumenis global surgical business to Boston Scientific completed
According to the Boston Globe, the acquisition is projected to generate about $200 million in revenue this year.
Rapid Medical Announces Closing of $50m Series D Financing
According to the announcement in Business Wire, the proceeds will be used to expand commercial operations in US and Europe, create additional clinical evidence supporting the superiority of the company’s products, and advance the product development pipeline utilizing company’s proprietary braiding technology platform.