The weekly Thursday protests by hi-tech employees against destructive judicial reform, which have continued for 20 weeks have now spread to the city of Yokneam where hundreds of city residents protest every Saturday night. You can find more information on the Yokneam protest web page at https://www.facebook.com/yokneamprotest
Saturday night 600 Protested in Yokneam for Democracy
This is the first protest against the government’s proposed judicial reform that took place in the city itself. This is in addition to the protests at Yokneam Junction where thousands of employees from the high-tech companies used their lunch break to protest every Thursday for the past 17 weeks.
InMode Expects Record Fourth Quarter & Full Year 2022 Financial Results, Q4 Revenue Between $133.2M-$133.4M
Based on preliminary results, management expects: Record revenue for the fourth quarter of 2022 to be in the range of $133.2 million to $133.4 million and revenue for the full year of 2022 to be in the range of $453.9 million to $454.1 million
Kan Digital releases Fenesta Family web series written by animator from Yokneam
The Fenesta Family is a high quality animation series that takes Israeli animation to a new level. Hebrew speakers can read about it in the Maariv article: "משפחת פנסטה": הסדרה שהיא בול כמו המשפחה שלכם, רק מצוירת
ORT Yokneam High School Student develops app for autistic people
The target is to make the world clearer for autistic people.
Ido Arbili, a Senior student at OrRT Peres High School is developing an android application to enable better communication between him and his friends.
The app will include special imoji’s.
Although Ido faces autism, he completed his BAGRUT exam last year in Computer Science (CS). During this year, he is working on a large-scale project with the guide of his CS teacher - Danny Benishay (dannyb@yalon.ort.org.il) who offered him the opportunity to develop an app for people facing challenges like his. One of the main obstacles for such people is the ability to communicate over WhatsApp; Ido decided to develop a suitable communication chat for people like himself. The app will color messages that have been sent and includes emojis which can be understood by similar people with autism. The School Principal Ada Avercohen-shemsh said “I’m very proud with Ido’sof work, a superb student who always thinks how he can further contribute to the world”. Ido is plans to complete the app in the next 6 months
ReWalk Robotics. (RWLK) reported a loss of 6 cents per share
According to Zacks Investment Research, Rewalk reported revenue of $1.2 million for a a loss of $3.9 million for Q4, 2021. It also reported $6 million of revenue for the year with a loss of $12.7 million, or 27 cents per share. See https://www.zacks.com/ap/RWLK for details.
ColorChip LTD forms a global group to address the Metaverse and WEB 3.0 needs for higher speed connectivity and AR/VR applications
InMode (INMD) , selling at just over $51/share, announced 2021 earnings of $1.92 per share
According to the Houston Chronicle, InMode expect to earn in the range of $2.06 to $2.11 per share this year.
nVidia to expand R&D in Israel
The No Camels website reported on nVidia’s plans to establish a new design and engineering group that would lead the development of next-generation Nvidia CPUs for the next technology revolutions in AI, robotics, autonomous vehicles, and virtual world simulations from Nvidia’s new platform, Omniverse,.
EU Innovation Council Awarded €10M in Grants and Equity Investment to Cardiac Success
The €2.5 million grant and additional €7.5 million in equity investment will support the accelerated clinical development of the “V-sling” system under development. The “V-sling” is a transcatheter ventricular repair device designed to provide a new approach to the treatment of heart failure patients.