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Electric powertrain company IRP Systems raises $17M in Series B

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Israel-based IRP Systems , a provider of electric powertrain products, raised $17 million in Series B funding. The company’s global customer base includes top automotive and micro-mobility manufacturers. IRP Systems was originally founded as an aerospace powertrain company by Paul and Moran Price.

Companies 277
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Israeli company reports successful stage 1 testing of solar CO2-to-fuels technology

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Israel-based NewCO2Fuels (NCF), a subsidiary of GreenEarth Energy Limited in Australia, reported completion of stage 1 testing of its proof-of-concept system for the conversion of CO 2 into fuels using solar energy. NewCO2Fuels was founded in 2011 to commercialize a technology developed by Prof. US Patent Application Nº 20110108435.

Solar 366
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Israel Aerospace Industries Applies Horizon Fuel Cell in Unmanned Aerial System

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Israel Aerospace Industries (IAI) has integrated Horizon Energy’s AEROPAK fuel cell as a next-generation power system for IAI’s Bird Eye 650 Unmanned Aerial System (UAS). The AEROPAK is a hydrogen proton exchange membrane (PEM) fuel cell system developed by Singaporean company Horizon Energy Systems (HES).

Israel 186
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EV battery swap company Better Place files for liquidation

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Better Place, a high-profile developer and proponent of a battery switch model for electric vehicles ( earlier post ), filed a motion with the Lod District Court in Israel to ask for the dissolution of the company and the appointment of a temporary liquidator. We have come a long way in order to bring about a global vision.

Companies 286
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Foresight partners with global industrial equipment manufacturer on proof-of-concept for autonomous mining and construction trucks

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Israel-based Foresight Autonomous Holdings, a developer of automotive vision systems, has signed a paid proof-of-concept (POC) project with the Chinese subsidiary of one of the world’s leading manufacturers of industrial equipment, heavy machinery, construction and mining equipment.

Industry 276
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Israel Aerospace Industries and Cella Energy receive grant for UAV fuel cell project

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Israel Aerospace Industries (IAI) and Cella Energy have been awarded industrial research and development funding by Space Florida, the State of Florida’s aerospace and spaceport development authority, and MATIMOP, Israel’s Industrial Center for Research and Development.

Israel 150
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DOE awarding $4.8M to 5 BIRD Energy projects with Israel; H2 storage, biofuel, sustainable transportation

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The Department of Energy (DOE), in partnership with Israel’s Ministry of Energy (MOE) and the Israel Innovation Authority, announced $4.8 million for five newly selected energy projects as part of the Binational Industrial Research and Development ( BIRD ) Energy program. Rehovot, Israel) and ALD NanoSolutions Inc.

Israel 170