1.Israeli Green-Tech Makes First Solar-Powered Window
Jerusalem, July 14 - Israeli innovators have launched the world’s first solar-powered window, a revolutionary breakthrough that could cut heating and cooling costs for homes and businesses around the world and lead the way to a future of clean, energy efficient, self-powered buildings. "Harnessing The Sun" is what Gonen Fink, CEO of Pythagoras Solar, calls his company’s clean-energy breakthrough. The company is part of a new high-tech trend in Israel focusing on alternative energy. In recent years, Israel has helped pioneer the production of electric cars, solar power, wind power, biofuels and more.
2.IAI teams with Dassault in French Air Force UAV deal
In a deal worth an estimated €300-400 million, IAI will manufacture the F-Heron TP in Israel, and Dassault will assemble it. The Heron TP is one of the world's most advanced UAVs. It has a wingspan of 27 meters (the same as a Boeing 737 airliner), an operating range of over 40 hours, a GPS system for very long-range operations, and avionics for all-weather and day and night operations. The Heron TP is the latest version of the Heron, which has been operational for many years by the IAF, and by the Luftwaffe, the Royal Australian Air Force, the Royal Canadian Air Force in operations in Afghanistan and other arenas.
COMMENT: In case anyone has forgotten, a reminder that there are only 7 million Israeli's.
3.Cabinet approves new NIS 1.6b Eilat int'l airport
The cabinet today approved construction of a new international airport for Eilat at Timna at a cost NIS 1.6 billion. The airport will replace the resort town's current airport, and will end civilian use of the airport at the Ovda Air Force Base.
COMMENT: With record amounts of tourists arriving every month in Israel, this was a natural step.
4.Israel's unemployment rate at all-time low
Israel's unemployment continued to fall in May 2011, reaching 5.7% of the civilian labor force in trend figures - an all-time low, the Central Bureau of Statistics reported today. The Bank of Israel recently commented on the encouraging labor market figures, saying that the economy was nearing full employment. This means that most of the civilian labor force that wants to work is working.
COMMENT: At full employment salaries will begin to rise (at the moment they are flat) and inflation could be a problem. Oh for problems like these!
5. Three countries interested in Iron Dome
"Israel Defense" reports that three countries are interested in procuring the Iron Dome anti-missile defense system, which proved its operational capability earlier this year. Two Asian countries are actively examining the system, made by Rafael Advance Defense Sysytems and military representatives may soon visit Israel for a demonstration. A US expert team is due to shortly arrive in Israel to examine Iron Dome. "The Americans understand that this is the only solution against rockets and mortars threatening local forces around the world," the source said. One of Iron Dome's most important successes is its radar system. The radar can distinguish between threats to a populated area and incoming rockets that will hit open ground.
6.Israel wins gold in Math Olympiad
Israeli students won five medals, one gold and four bronze, in the 52nd International Mathematical Olympiad (IMO), which concluded in Amsterdam on Friday. The instructor and head of the Israeli delegation, Lev Radislevsky, added: "We are very proud. We have a very talented team and we believed we would have great achievements in the Olympiad."
COMMENT: We are all very proud, Lev. Well done and keep the flag flying high. This comes on the heels of The Israeli physics team winning two gold medals, two silver medals and one bronze medal on Sunday at the International Physics Olympiad for high school students, which took place in Bangkok, Thailand.
Chains do not hold people together. It is threads, the threads and textures of their values, which sew people together through the years - Camille Corda Lee
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