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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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Noble Energy announces significant natural gas discovery at Leviathan offshore Israel

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announced a significant natural gas discovery at the Leviathan exploration prospect offshore Israel. Noble Energy operates Leviathan, offshore Israel, with a 39.66% working interest. Technically recoverable resources are defined as those producible by using currently available technology and industry practices. Click to enlarge.

Israel 218
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UK-Israel team developing new catalyst to produce tougher PLA biodegradable plastics

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Scientists at the University of Bath and Tel Aviv University are developing a new catalyst to improve the properties of Poly(lactic acid) (PLA) plastics made from plants to make them stronger and more heat-resistant for broader use in applications such as engineering plastics for the automotive industry, microwavable trays and hot drinks cups.

Israel 186
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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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BYD produced its 5 millionth New Energy Vehicle

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As of July 2023, BYD’s global new energy vehicle sales have soared beyond 4.8 BYD has been actively expanding its global presence since 2010, strategically introducing new energy buses and taxis for public transit electrification. The momentum continued in 2023, as the company reached a cumulative sales volume of 1.5

BYD 370
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Hyundai Motor to establish Hyundai Mobility Global Innovation Center in Singapore

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Hyundai Motor Company will establish a Hyundai Mobility Global Innovation Center in Singapore (HMGICs) to accelerate its innovation efforts, with support from the Singapore Economic Development Board (EDB). HMGICs will become Hyundai’s global open innovation hub. It also will help define the future business direction for the company.

Singapore 268
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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. The company developed and perfected systems designed to meet the stringent standards of the aerospace industry.

Companies 277