Daily Short News on Business, Sustainability&Innovation from Israel: Israel – A Giant in Mathematics, Acquisition in USA and Food-tech made in Israel

Three selected news about business, innovation and sustainability from Israel. Today the three fields are: Innovation: Israel a Giant in Math, Business: Acquisition to expand in USA, Sustainability: Food-tech made in Israel

Selected and brought to you by Naftali – doing business and searching for innovation and sustainability for 40 years.

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INNOVATION: Israel – A Giant in Mathematics > Tel Aviv University

Israel was able to win twice in mathematics and computer science. Tel Aviv University carried the torch this time.

On the one hand the Blavatnik Prizes for Computer Science and on the other hand the Shaw Prize in Mathematical Sciences which is also known as the “Nobel Prize” for Mathematics.

Prof. Noga Alon of Tel Aviv University and Princeton University has won the 2002 Shaw Prize in Mathematical Sciences. Prof. Alon, one of the world’s leading researchers in mathematics and computer science, is the second Israeli in history to receive the prestigious prize.

Noga Alon, born in 1956, is Professor Emeritus of Mathematics and Computer Science at Tel Aviv University and Professor of Mathematics at Princeton University. Prof. Alon joined Tel Aviv University in 1985, where he served as head of the School of Mathematical Sciences and was entrusted with the Chair of Combinatorics and Computer Science at TAU’s Blavatnik School of Computer Science. He is a member of the Israel Academy of Sciences and Humanities and the Academia Europaea. In the past, he has won the Israel Prize, the EMET Prize and the Gödel Prize.

The Shaw Prize was founded in 2002 by Hong Kong media tycoon Run Run Shaw, who decided to award it annually to “individuals, regardless of race, nationality, gender and religious belief, who have recently achieved significant breakthroughs in academic and scientific research or applications and whose work has resulted in a positive and profound impact on mankind,” in three categories – mathematics, astronomy, and life sciences and medicine. The prize in each category is $1.2 million.

In 2020, the Shaw Prize was awarded to Prof. David Kashdan of the Hebrew University, and this year Prof. Alon shares the prize with another Israeli – Prof. Ehud Hrushovski of Oxford. “Israel is a country that is very strong in the sciences in general, and in mathematics and computer science in particular,” says Prof. Alon. “The global standing of Israeli research in these fields far exceeds the relative size of the population. My own research focuses on combinatorics, which is the mathematics of finite structures, with uses and applications in computer science, additive number theory, combinatorial geometry and other related fields.”

The second annual Blavatnik Prizes for Outstanding Israeli Doctoral Students in Computer Science were awarded on June 8 to four PhD students, in a ceremony at Tel Aviv University.

With generous funding from the Blavatnik Family Foundation, the Prizes were established to highlight excellent research by Israeli PhD candidates in the field of computer science and emphasize the importance of doctoral studies in general.

The 2022 recipients were: Nave Frost of Tel Aviv University, Gal Yona of the Weizmann Institute of Science, Assaf Shocher of the Weizmann Institute of Science, and Leshem Choshen of the Hebrew University of Jerusalem.

BUSINESS: Acquisition to Expand to USA > Rafael

Rafael Advanced Defense Systems Ltd. has completed the acquisition of PVP Advanced EO Systems, Inc. (PVP AEO) through its U.S. subsidiary Rafael USA, Inc. The acquisition was executed under a stock purchase agreement (SPA) transferring 100% of stock to Rafael USA, Inc. The transaction was approved under CFIUS review authorization, governed by a national security agreement (NSA).

Prior to the acquisition, PVP AEO was a privately-owned, California-based company, specializing in the development, manufacturing and sustainment of world-class electro-optic (EO) systems for air, land, sea and critical homeland security applications. The company was founded in 1997 and is located in Tustin, CA. Recent programs include Integrated Fixed Towers (IFT) and Mobile Video Surveillance Systems (MVSS) for the Customs and Border Patrol on the southern border. PVP AEO is active in North and South America, Asia and the Middle East.

RAFAEL is a world-renowned Israeli-based defense contractor, specializing in cutting-edge, innovative and combat-proven systems, such as the famous IRON DOME, TROPHY Active Protection System, LITENING Targeting Pod, SPIKE family of tactical missiles, and many other systems. Rafael USA, Inc. has operated out of Bethesda, MD since 1993. Rafael USA, Inc. serves as the hub for all RAFAEL operations in the United States.

SUSTAINABILTY: Food-tech made in Israel > Supermeat

SuperMeat, a food tech company working to supply the world with high-quality cultivated meat, has received a grant from the Israeli Innovation Authority to establish an open high-throughput screening system for optimizing cultivated meat feed ingredients, helping the entire industry work toward commercial viability.

SuperMeat will use the funding to set up the world’s largest open high-throughput system for cultivated meat media ingredients, supplements and cell scaffolds for cultivated meat production.

By optimizing the ingredients for the cell feed (media), SuperMeat will be able to significantly lower production costs, and improve product quality – providing an open standard for cell feed ingredients that can be used by cultivated meat companies around the world moving toward commercialization.

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