Three selected news about business, innovation and sustainability from Israel. Today the three fields are: Sustianability: Wireless Electric Road, Business: Acqusition Cyber Security, Innovation: Information Transfer in the Brain.
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SUSTIANABILITY: WIRELESS ELECTRIC ROAD
Electreon (TASE: ELWS.TA), the leading provider of wireless and in-road wireless electric vehicle (EV) charging technology, based in Bat Yanai, announced the one year extension of the Smartroad Gotland pilot project in Sweden. The €2 million ($2.17 million) budget for the extension is funded by the Swedish Transport Administration and includes an upgrade of 400 m of the existing installation. Electreon will also extend the run of the electric airport shuttle bus—the shuttle will continue to undergo testing and simultaneously be available for commercial rides, and will open to the public in the summer of 2022. Government stakeholders, commercial fleet operators, and businesses interested in the technology are welcome to visit the project site and learn more about the project.
BUSINESS: ACQUISITION CYBER SECURITY
HUB Cyber Security (Israel) Limited (TASE: HUB), a developer of Confidential Computing cybersecurity solutions and services (“HUB” or the “Company“), announced today that it will acquire the cyber security assets of a European Cyber firm that has an extensive EMEA distribution network of cyber solutions for major government and enterprise data centers. The company will acquire the activity for approximately $10 million in cash and up to $12 million in shares.
HUB Cyber Security (Israel) Limited (“HUB”) was established in 2017 by veterans of the 8200 and 81 elite intelligence units of the Israeli Defense Forces. The company specializes in unique Cyber Security solutions protecting sensitive commercial and government information
INNOVATION: INFORMATION TRANSFER IN THE BRAIN
A new study conducted by doctoral student Tal Dalal in the laboratory of Prof. Rafi Haddad, of the Gonda (Goldschmied) Multidisciplinary Brain Research Center at Bar-Ilan University, focuses on this key question. In the study, published in Cell Reports, the researchers altered the level of synchronization in the area of the brain that transmits information.
The Researchers of the Bar-Ilan University carved out the importance of synchronized brain activity for information transfer and processing. When thousands of neurons are synchronized, the transmission of information in the brain is done more powerfully and reliably, compared to a situation where the activity is asynchronous and each neuron operates independently regardless of the group.
This can be likened to a demonstration of tens of thousands of people in a public square compared to demonstrators scattered in different places. The power of shared and synchronized activity is immense compared to independent, non-synchronized activity.
This finding may explain why a decrease in synchronized activity, which expresses a decrease in brain wave intensity, may result in cognitive impairment in neurodegenerative diseases such as Alzheimer’s. “To date, studies have shown a correlation between decreased synchronicity and neurodegenerative disease, but haven’t shown why and how it happens,” says Dalal “In our study we’ve shown how synchronization contributes to the transmission and processing of information in the brain, and this may be the reason why we eventually see cognitive impairment in patients.”