Avi Hasson 311.
(photo credit:Industry, Trade and Labor Ministry)
The Israel-United States Binational Industrial Research and Development
Foundation earlier this month approved $9 million worth of funding for 11 new
joint projects between American and Israeli companies, the foundation announced
The projects, which cross a wide range of sectors – such as
electronics, cybersecurity, life sciences, communication and homeland security –
will each receive conditional grants of up to $1m. from BIRD, a foundation
managed cooperatively by the US National Institute of Standards and Technology
and the Israeli Economy Ministry’s Chief Scientist Office. According to BIRD’s
operations model, the conditional grant can be equivalent to up to 50 percent of
a project’s budget, and the two companies are later obligated to repay BIRD –
which typically occurs following revenue generation from successful product
In addition to the conditional grant money that the
companies receive from BIRD, they will gain access to private- sector funding,
boosting the total value of all of the projects to approximately $23m., the
“The projects approved by the Board of Governors
include innovative, relatively high risk, technology developments. BIRD’s
support reduces the risk and increases the chances of commercialization in the
global market,” said Eitan Yudilevich, executive director of BIRD. “The
Foundation will continue to promote US-Israel partnerships in diverse topics,
such as cybersecurity and homeland security, neurotechnology, advanced
manufacturing and more.”
The projects recently selected included
personalized regenerative medical technologies being developed by Haifa- based
Bonus BioGroup Ltd. and Boston- based Cellora LLC, as well as a healthcare
analytics and engagement portals generated by Ramat Hasharon- based CliniWorks
Ltd. and New York-based Pfizer, Inc.
For pharmacy management, Haifa-
based RescueDose Ltd. and Las Vegas-based ec2 Software Solutions are to work on
a robotic dispensing device, and Kfar Malal-based New NI Medical 2011 Ltd. and
Des Moines-based Athena GTX are to produce a telemedicine system for the
Tirat Carmel-based MeMed Diagnostics Ltd. and
Carlsbad-based Diagnostic Consulting Network are to create a point-of-care
device to diagnose bacterial versus viral infections.
PetPace Ltd. and Tampa-based BluePearl Management LLC are to meanwhile develop
an integrated in-hospital and outpatient pet remote monitoring
Tel Aviv-based Lingacom Ltd. and Sunnyvale-based Rapiscan
Laboratories Inc. are to work on a secondary security-detection system employing
muon – an unstable subatomic particle – technology. Herzliya-based eyeSight
Mobile Technologies Ltd. is to work with Albuquerque-based TriLumina Corp. to
develop combined smart-light sources for touchless gesture and sensing
In order to hone a secure smart-grid solution, Tel
Aviv-based-RADiFlow Ltd. and Frederick-based Patriot Technologies Inc.
are to work together, while Petah Tikvah-based Gilat Satellite Networks Ltd. and
Redmond-based Kymeta are to develop a portable satellite
terminal. Kadima-based WeldObot Ltd. and Florham Park-based Heller
Industries Inc. are to be creating an innovative welding device.
projects join 878 projects approved by BIRD in its 36-year history, during which
the foundation has invested more than $308m. and thereby helped generate direct
and indirect sales of more than $10b., the organization said.
projects approved in the last board meeting reflect the significant diversity
and potential of the [BIRD] collaborations,” said Avi Hasson, chief scientist of
the Economy Ministry.
“These projects contribute to the economy of both
Israel and the United States and encourage growth and job creation.”
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