21.5 C
Friday, July 12, 2024
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

California backs POLB’s Supply Chain Information Highway

The Port of Long Beach's comprehensive digital platform, the Supply Chain Information Highway, designed to expedite cargo deliveries nationwide, is receiving significant funding from...

Wärtsilä simulators to aid Wavelink Maritime Institute in sustainable fuel training

Wärtsilä has provided its latest dual-fuel engine simulator technology to Wavelink Maritime Institute (WMI), the training division of the Singapore Maritime Officer’s Union (SMOU). These...

Maersk Air Cargo becomes first Danish airline with Boeing 777

Maersk Air Cargo (MAC), operating under A.P. Moller–Maersk, received its first of two new Boeing 777F aircraft, marking a historic milestone as the first...

NCL backs ammonia power with vessel orders

Norwegian regional operator North Sea Container Lines (NCL), which already ordered an ammonia powered vessel at the end of last year, has ordered a...

APM Terminals Mumbai shifts to 80% renewable electricity

APM Terminals Mumbai (GTI) has transitioned to 80% renewable electricity this month by commissioning a 10.65 MW captive solar power plant under a Power...