The Daily ‘3 HOT NEWS’ on Business & Innovation from Israel: Jewish Civilization, Defense Industry and ScienceHub

Three selected news about business and innovation from Israel. Today the three fields are: Jewish Civilization, Defense Industry and ScienceHub Israel. Selected and brought daily to you by Naftali – doing business and searching for innovation for 40 years.

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The Koret Foundation announced today a $10 million grant to establish the Koret Center for Jewish Civilization, a partnership between the foundation, Tel Aviv University (TAU) and ANU – Museum of the Jewish People (ANU) which will employ a unique educational and cross-disciplinary approach to the challenges of contemporary Jewish thought, social engagement and identity, as well as build dialogue and understanding between Jewish Israelis and those in the diaspora through an innovative approach to teaching about Judaism as an international community. The Koret Center at TAU, Israel’s largest research university, will work to bridge divides and improve relationships between Jewish communities worldwide by centering on the common bonds that have united the Jewish people for millennia. Through an enhanced understanding of Jewish peoplehood from a global and historical perspective, this partnership seeks to strengthen the identity and education of Jews in Israel, the U.S. and globally.


Elbit Systems Ltd. (NASDAQ:ESLT; TASE: ESLT) announced that its U.S. subsidiary, Elbit Systems of America LLC, was awarded a delivery order valued at $49 million for the supply of Squad Binocular Night Vision Goggle (“SBNVG”) systems to the U.S. Marines Corps. The order will be executed in Roanoke, Virginia and will be supplied through September 2023. This additional order is part of a $249 million five-year Indefinite Delivery Indefinite Quantity (IDIQ) contract from September 6, 2019. The SBNVG is a lightweight helmet-mounted system that provides superior nighttime viewing in various environments and conditions, improving warfighter situational awareness and performance. The system includes an enhanced battery life and high-performing white phosphor image intensification tubes for improved clarity and depth perception.


The award ceremony, conducted by the EU Delegation to Israel and ISERD, the Israeli Directorate for European R&D, part of the Innovation Authority, was held on Wednesday, 11.5.2022 at the Peres Center for Peace and Innovation. The success of Israeli industry and academia in research and innovation collaboration programs with Europe was celebrated at the ceremony. (…) Research and Scientific Cooperation with the EU as Part of “Horizon 2020” Program Saw Grants of over €1.3 Billion Awarded to 1666 Israeli Projects throughout the duration of the Program (…)

Within the context of the program, between 2014 and 2020, 2045 researchers, companies and other entities were awarded 1666 grants amounting to approximately 1.3 billion Euros. A further 550 million Euros was invested in Israeli companies and venture capital through various financial tools provided to Israel through the European Investment Bank. 862 companies were awarded grants amounting to 430 million Euros, of them 539 small and medium-sized companies which received grants totaling 272 million Euros. 961 researchers were also awarded grants amounting to 800 million Euros. The multidisciplinary Horizon 2020 program has supported projects in various diverse fields. The most popular included about 780 million Euros in natural sciences, 360 million Euros in health and life sciences, 56 million Euros in agriculture, 61 million Euros in the humanities and 397 million Euros in engineering. One main area in which Israel excels is the prestigious European Research Council grants for breakthrough research. As part of it, grants totaling 661 million Euros were awarded to 472 researchers. 309 companies were awarded the EIC grant for Outstanding Companies amounting to 180 million Euros, and 903 researchers and companies were awarded in consortium, projects with a combined sum of 427 million Dollars.

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