, crashed due to high winds, an investigation report said.
Switzerland ordered the Hermes 900 drones, made by Israeli defense electronics company Elbit Systems, in 2015. But one was destroyed after crashing on a test flight in the Israeli desert last August.
The crash and subsequent investigation under the direction of the Israeli Ministry of Transport has delayed delivery
, scheduled initially for late 2019, until next year.
“According to the accident report, the crash was due to the fact that the V-tail unit became detached from the fuselage of the drone due to unexpectedly strong oscillations. The drone could thus no longer be controlled and crashed,” the Swiss government said.
The Secret World of Cybersecurity
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By Joshua Eferighe and Shabtai Gold
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May12, 2021
Jack Nicholson was playing the Joker, the Berlin Wall was about to fall and the first internet providers were emerging. It was 1989, and while plenty was happening on the world stage, it was also the year of the first recorded ransomware attack, which occurred when evolutionary biologist Joseph Popp mailed out 20,000 tainted floppy disks to a list that included medical professionals and organizations. Promising to give them info on AIDS, the disks instead threatened to lock files on infected computers unless the user sent $189 to a P.O. Box for the PC Cyborg Corporation in Panama. Three decades later, cyberwarfare is decidedly less playful. The Colonial Pipeline, which provides the East Coast of the U.S. with nearly half of its gas and jet fuel, was recently shuttered for days after ransomware attacks. As the White House scrambles and President Joe Biden considers executive or
More Electric Aircraft Market to Reach $4.61 Bn, Globally, by 2027 at 15.5% CAGR: Allied Market Research
PORTLAND, Ore., May 11, 2021 /PRNewswire/ Allied Market Research published a report, titled, More Electric Aircraft Market by Aircraft System (Propulsion System and Airframe System), Application (Power Generation, Power Distribution, Power Conversion, and Energy Storage), and Aircraft Type (Fixed-wing and Rotary-wing), and End User (Civil and Military): Global Opportunity Analysis and Industry Forecast, 2020-2027. According to the report, the global more electric aircraft industry generated $1.80 billion in 2019, and is expected to reach $4.61 billion by 2027, witnessing a CAGR of 15.5% from 2020 to 2027.
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Tue: TASE down on global selloff, Gaza rockets
Leumi and Hapoalim led the losses today as Perrigo bucked the market.
The Tel Aviv Stock Exchange fell today. The Tel Aviv 35 Index fell 0.1.56%, to 1,623.56 points; the Tel Aviv 125 Index fell 1.78%, to 1,695.36 points; and the BlueTech Global Index fell 2.59% to 553.70 points. The TelBond 20 corporate bond index fell 0.35% to 385.04 points. Turnover totaled NIS 2.09 billion in equities and NIS 5.26 billion in bonds.
On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate up 1.015% from Monday, at NIS 3.284/$, and the representative shekel-euro rate was set 1.024% lower, at NIS 3.996/€.
On the market, with falling stock exchanges worldwide and rocket barrages from Israel, there was only one way that the TASE was headed. Bank Leumi (TASE: LUMI) fell 1.60% on the day s biggest trading turnover. Bank Hapoalim (TASE: POLI) fell 1.28% and Mizrahi Tefahot Bank (TASE:MZTF) fell 2.08%. Teva Pharmaceuti
Mon: Banks buck market
Elbit Systems and NICE Systems both declined today while Bank Hapoalim led the gains.
The Tel Aviv Stock Exchange fell today. The Tel Aviv 35 Index fell 0.46%, to 1,649.30 points; the Tel Aviv 125 Index fell 0.49%, to 1,726.09 points; and the BlueTech Global Index fell 1.70%, to 568.41 points. The TelBond 20 corporate bond index rose 0.56% to 386.38 points. Turnover totaled NIS 1.75 billion in equities and NIS 5.27 billion in bonds.
On the foreign exchange market, the Bank of Israel set the representative shekel-dollar rate 0.307% lower from Friday, at NIS 3.251/$, and the representative shekel-euro rate was set 0.421% higher, at NIS 3.955/€.
On the market, NICE Systems Ltd. (Nasdaq: NICE; TASE: NICE) fell 1.62% and Elbit Systems Ltd. (Nasdaq: ESLT; TASE: ESLT) fell 1.29%. Opko Health Inc. (NYSE: OPK; TASE: OPK) fell 4.41% for the biggest fall on the Tel Aviv 35 Index. Amot Investments Ltd. (TASE:AMOT) fell 3.91% and Energix Renewable Energies Ltd. (ENRG)