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Drone delivery provider Flytrex lands $9M to scale US operations

Drone delivery provider Flytrex lands $9M to scale US operations Already testing drones in North Carolina, Israel-based company is working to finalize FAA certification 0 630 3 minutes read Flytrex, which is testing drone grocery delivery in North Carolina, has landed $9 million funding to help it scale production in the U.S. as it nears FAA certification. (Photo: Flytrex) Flytrex, which is conducting a drone delivery pilot in North Carolina with Walmart (NYSE: WMT), has secured $9.3 million in additional funding to expand its operations and finalize Federal Aviation Administration (FAA) certification for drone deliveries. Total funding for the company is now $20.3 million after it received $3 million in a Series A on Jan. 3, 2017, and an additional $8 million in a Series B on Jan. 8, 2019, according to Crunchbase. The latest round includes $8 million led by existing investors Benhamou Global Ventures (BGV) and btov and $1.3 million in the form of an Israeli Innovation

Gamida Cell Ltd (GMDA) Q4 2020 Earnings Call Transcript

Gamida Cell Ltd. (GMDA) Q4 2020 Earnings Call Transcript Motley Fool Transcribing © The Motley Fool Logo of jester cap with thought bubble. Gamida Cell Ltd. (NASDAQ: GMDA) Q4 2020 Earnings Call Ladies and gentlemen, thank you for standing by. Welcome to Gamida Cell s conference call for the full-year financial 2020 results. My name is Brandi, and I ll be your operator for today s call. Please be advised that this call is being recorded at Gamida Cell s request. Now I would like to introduce your host for today s conference, Mr. Josh Hamermesh, chief business officer. Please go ahead. Josh Hamermesh Chief Business Officer Thank you, Brandi, and good morning, everyone. Welcome to today s call, during which we will provide an update on the company and review our financial results for the full year of 2020. Earlier this morning, we issued a press release summarizing our financial results and progress across the company, which is available on our websi

Israel s Semi Conductor Devices to Lead Consortium on Development of Novel Vertical Cavity Surface Emitting Laser Devices

Israel’s Semi Conductor Devices to Lead Consortium on Development of Novel Vertical Cavity Surface Emitting Laser Devices Our Bureau 1482 Image for representation only. Israeli company Semi Conductor Devices (SCD) will lead a National Consortium for the development of next generation Vertical Cavity Surface Emitting Lasers (VCSEL). The consortium is supported by the Israeli Innovation Authority through its MAGNET Consortium program. The VCSEL consortium has been formed by leading high-tech companies and academic institutions, including Nvidia, Civan Advanced Technologies, Galil Microwaves, the Technion – Israel Institute of Technology, and the Hebrew University of Jerusalem. The focus will be to develop technologies for three main applications: high power lasers, high speed telecommunication, and atomic clocks.

Israel, Emirates strive for warm, vibrant, business-profitable peace

Israel, Emirates strive for warm, vibrant, business-profitable peace
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