11 C
Hamburg
Monday, May 19, 2025
Home Port News Ashdod Port invests over US$1.3 million in four tech startups

Ashdod Port invests over US$1.3 million in four tech startups

The board of directors of the Ashdod Port has announced an investment of approximately US$1.32 million in four startups operating within the technology incubator established by the port, through the purchase of technologies and the signing of a royalty agreement.

Roee Avrahami, the director of the Innovation Domain at the Israeli port, points out that the four startups were carefully selected upon the completion of a pilot programme that lasted about six months on average, during which the technologies they developed were incorporated into the work of the Port.

  • SPINFRAME company has developed a unique technology of automatic photography systems combined with Artificial Intelligence technology to detect the damage of motor vehicles being unloaded from a ship without incurring delays.
  • ENWIZE company has developed augmented and virtual reality technology for training the operation teams that helps prevent mistakes and create a safe work environment.
  • CYBER 2.0 company has developed technology to prevent the spread of cyberattacks within the corporate network.
  • CYBERVIEW company has developed an information security platform managed in an ongoing and effective manner.

The chairlady of the board of directors of Ashdod Port, Orna Hozman Bechor, commented, “The Ashdod Port Company views investment in technological entrepreneurship as a strategic move, with the aim of continuing to lead the field of innovation in the domain of the Port and maritime traffic, both in order to improve our competitive and technological ability and in order to meet to the global challenges faced by the ports of the entire world.”





Latest Posts

Hiab to invest over US$20 million in expanding and modernising Raisio Multilift facility

Hiab is committing €19 million (US$21.3 million) to expand and modernise its Multilift demountables production site in Raisio, Finland. The investment aims to upgrade both...

Iran’s shipping industry poised for revival as nuclear deal talks resurface

The potential revival of a nuclear agreement between Iran and the United States is raising hopes for a long-awaited resurgence in Iran’s shipping industry. ...

Deals with DP World and CMA CGM mark Syria’s return to global trade map

The Syrian government has entered into a landmark US$800 million memorandum of understanding with Dubai-based port operator DP World to transform the Port of...

Shippers wary of market manipulation via capacity management

A flood of new tonnage in the early part of this year suggests container rates will inevitably head into decline, but a series of...

CMA CGM implements PSS from Med to North America

French ocean carrier CMA CGM will introduce a Peak Season Surcharge (PSS) on shipments from the Mediterranean to the U.S. East Coast, U.S. Gulf,...
error: Content is protected !!