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World Economic Forum Lists 6 Israeli Firms in 100 New Tech Pioneers of 2020

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By: TPS Staff

Six new Israeli firms were listed by the World Economic Forum (WEF) among its 100 New Technology Pioneers in 2020.

The WEF announced last week its 2020 Technology Pioneers, described “as future headline-makers addressing global issues with cutting-edge technology.”

“From artificial intelligence (AI) to carbon capture, this year’s cohort is using innovations to protect the climate, improve healthcare and much more, helping us to reset society and build towards a better future,” the WEF stated.

“This year’s class of Technology Pioneers are improving society and advancing their industries around the world,” said Susan Nesbitt, Head of the Global Innovators Community, World Economic Forum. “These are the companies that think differently and stand out as potential game-changers. We’re looking forward to the role they’ll play in shaping the future of their industries.”

This year’s Technology Pioneers are at the cutting-edge of a wide range of industries that span smart cities, healthcare cleantech, finance, logistics and more.

Many other Technology Pioneers are focusing their innovations on combating climate change, while others are also using their tech to support Coronavirus (COVID-19) responses around the world.

Israel was the only country to represent the Middle East.

The six Israeli companies included 3d Signals, Plug-and-play factory digitalization for improved productivity

Aleph Farms is leading a sustainable food system to nurture the planet, and Prospera is transforming how food is grown with data and artificial intelligence.

MorphiSec provides deterministic endpoint protection against fileless attacks and evasive malware

Optibus has developed a high-tech mobility platform improving mass transportation in cities.

Seebo is helping manufacturers increase capacity and prevent losses using artificial intelligence.

Following their selections as Technology Pioneers, the firms will be invited to participate at World Economic Forum workshops, events and high-level discussions throughout their two years in the community.

Firms also have opportunities to work with policy-makers and private sector leaders to help define the global agenda on key issues.

In other developments, Israel’s defense industry remained one of the top exporters in 2019 and the scope of the contracts broadened in comparison to the previous year as well, the Defense Ministry stated.

The International Defense Cooperation Directorate of the Israel Ministry of Defense (SIBAT) on Monday released a report summarizing the country’s defense exports for 2019, showing that new contracts totaled $ 7.203 billion (about NIS 25 billion).

During the year, some 120 defense industries signed dozens of significant contracts around the world.

Israel’s largest market in 2019 was in Asia and the Pacific, with 41% of the sales, Europe with 26%, North America with 25%, Latin America with 4% and Africa with 4%.

The radar and Electric warfare systems led the market with 17% of the sales, missiles, rockets and air defense systems followed with 15%, manned aircraft and avionics with 13%, observation and electronics at 12%, firing and launching systems with 10%, UAV and hovercraft systems with 8%, information and cyber ​​intelligence with systems 7%, communication systems at 7%, vehicles and armored vehicles with 4%, customer service at 3%, ammunition and arms with 3%, and marine systems with 1%.

(TPS)

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