KFAR

Velox Secures $38 Million in Funding Led by Fortissimo Capital

Retrieved on: 
Tuesday, April 2, 2024
Growth, Kornit Digital, Entrepreneurship, Printing, KFAR, Marketing

KFAR SABA, Israel, April 2, 2024 /PRNewswire/ -- Velox Ltd., an innovative developer, manufacturer and seller of industrial direct-to-shape digital decoration solutions for the rigid packaging containers market, today announced it has secured a funding round of $38 Million. The investment was led by Fortissimo Capital with participation from existing investors, JAL Ventures, O.R.T. Technologies, Ilan Holdings, Evonik, Waypoint Investors and Migdal Insurance & Finance.

Key Points: 
  • The investment was led by Fortissimo Capital with participation from existing investors, JAL Ventures, O.R.T.
  • Velox takes a new approach to direct-to-shape digital decoration for rigid cylindrical containers such as beverage cans.
  • The Velox technology requires near-zero setup time, offers efficiencies for shorter run customers, product proliferation and custom marketing communications directly onto the container.
  • "We look forward to working with Fortissimo Capital and our existing investors to further expand our global reach, develop our technology expertise and scale our offering to serve our rapidly growing customer base."

Velox Secures $38 Million in Funding Led by Fortissimo Capital

Retrieved on: 
Tuesday, April 2, 2024
Growth, Kornit Digital, Entrepreneurship, Printing, KFAR, Marketing

KFAR SABA, Israel, April 2, 2024 /PRNewswire/ -- Velox Ltd., an innovative developer, manufacturer and seller of industrial direct-to-shape digital decoration solutions for the rigid packaging containers market, today announced it has secured a funding round of $38 Million. The investment was led by Fortissimo Capital with participation from existing investors, JAL Ventures, O.R.T. Technologies, Ilan Holdings, Evonik, Waypoint Investors and Migdal Insurance & Finance.

Key Points: 
  • The investment was led by Fortissimo Capital with participation from existing investors, JAL Ventures, O.R.T.
  • Velox takes a new approach to direct-to-shape digital decoration for rigid cylindrical containers such as beverage cans.
  • The Velox technology requires near-zero setup time, offers efficiencies for shorter run customers, product proliferation and custom marketing communications directly onto the container.
  • "We look forward to working with Fortissimo Capital and our existing investors to further expand our global reach, develop our technology expertise and scale our offering to serve our rapidly growing customer base."

SILICOM'S FIRST QUARTER 2024 RESULTS RELEASE SCHEDULED FOR MAY 2, 2024

Retrieved on: 
Monday, April 1, 2024
Telephone, KFAR, Conference, Silicom, Eastern Time Zone, Broadcasting

KFAR SAVA, Israel, April 1, 2024 /PRNewswire/ -- Silicom Ltd. (NASDAQ: SILC), an industry-leading provider of high-performance server/appliances networking solutions, announced today that it will be releasing its first quarter 2024 results on Thursday, May 2, 2024.

Key Points: 
  • - Conference Call Scheduled for Thursday, May 2, 2024 at 9:00am ET -
    KFAR SAVA, Israel, April 1, 2024 /PRNewswire/ -- Silicom Ltd. (NASDAQ: SILC), an industry-leading provider of high-performance server/appliances networking solutions, announced today that it will be releasing its first quarter 2024 results on Thursday, May 2, 2024.
  • The Company will be hosting a conference call on that same day at 9:00am Eastern Time.
  • On the call, management will review and discuss the results, and will also be available to answer investors' questions, following the prepared remarks.
  • To participate, investors may either listen via a webcast link hosted on Silicom's website or via the dial-in.

PathKeeper Surgical enters into know-how agreement with Mayo Clinic for low-radiation pediatric spine surgery

Retrieved on: 
Monday, March 25, 2024
MD, Radiation, Deformity, Machine learning, Mayo Clinic, KFAR, Research, Patient, Surgeon, Standard of care, Scoliosis, Safety, Dentistry

KFAR SABA, Israel, March 25, 2024 /PRNewswire/ -- PathKeeper Surgical, an Israeli medical technology company committed to advancing surgical solutions through innovative camera and machine learning technologies, announced it has entered into a know-how agreement with Mayo Clinic to research radiation levels in pediatric spine surgeries. The research will focus on reducing patient radiation exposure using minimally invasive optical navigation and utilizing intraoperative measurement tools for scoliosis correction, including vertebral body tethering.

Key Points: 
  • PathKeeper Surgical enters a know-how agreement with Mayo Clinic in Rochester, MN.
  • To address the unique challenges of pediatric patients undergoing spine surgery for scoliosis, Mayo Clinic pediatric spine surgeons Noelle Larson, MD, and Todd Milbrandt, MD, are collaborating with PathKeeper Surgical, a company widely known for its cutting-edge optical navigation that prioritize precision, safety, and minimization of radiation exposure.
  • "We are proud to collaborate with Mayo Clinic," said Erez Lampert, founder and Chief Executive Officer at PathKeeper Surgical.
  • The research and development efforts will include refining and expanding the application of PathKeeper's technology to tackle the unique challenges posed by pediatric spine surgery.

SaliCrop's Novel Seed Enhancement Tech Makes Deserts Bloom

Retrieved on: 
Tuesday, February 13, 2024
Soil, Seawater, Drought, Ministry, Plant, Weather, Agricultural technology, Heat, Record, Farmer, Growth, Godbole, Food, Germination, Seed, Climate change, Vegetable, Salinity, Process philosophy, Fruit, KFAR, Gene, Water, CSO, Onion, Agriculture, Oron, Food security, DNA, Face

KFAR VITKIN, Israel, Feb. 13, 2024 /PRNewswire/ -- Extreme weather events—heatwaves, droughts, extreme cold snaps—pose significant threats to agriculture, contributing to the phenomenon of desertification. Globally, fertile lands are increasingly being degraded, losing the ability to sustain life and grow food. AgriTech start-up SaliCrop, Ltd., has pioneered a breakthrough seed treatment to transform arid terrain into flourishing landscapes to growing food.

Key Points: 
  • AgriTech start-up SaliCrop, Ltd., has pioneered a breakthrough seed treatment to transform arid terrain into flourishing landscapes to growing food.
  • SaliCrop's proprietary seed enhancement technology is the brainchild of Ṛcā Godbole, Ph.D., co-founder and CSO of SaliCrop.
  • SaliCrop's has developed  hundreds of seed enhancement protocols designed to improve plant resilience to the impacts of climate change by intentionally exposing the seeds to controlled abiotic stressors.
  • "Our climate-smart seed enhancement technology has empowered tomatoes to better withstand extreme climate events," adds Devir.

SaliCrop's Novel Seed Enhancement Tech Makes Deserts Bloom

Retrieved on: 
Tuesday, February 13, 2024
Soil, Seawater, Drought, Ministry, Plant, Weather, Agricultural technology, Heat, Record, Farmer, Growth, Godbole, Food, Germination, Seed, Climate change, Vegetable, Salinity, Process philosophy, Fruit, KFAR, Gene, Water, CSO, Onion, Agriculture, Oron, Food security, DNA, Face

KFAR VITKIN, Israel, Feb. 13, 2024 /PRNewswire/ -- Extreme weather events—heatwaves, droughts, extreme cold snaps—pose significant threats to agriculture, contributing to the phenomenon of desertification. Globally, fertile lands are increasingly being degraded, losing the ability to sustain life and grow food. AgriTech start-up SaliCrop, Ltd., has pioneered a breakthrough seed treatment to transform arid terrain into flourishing landscapes to growing food.

Key Points: 
  • AgriTech start-up SaliCrop, Ltd., has pioneered a breakthrough seed treatment to transform arid terrain into flourishing landscapes to growing food.
  • SaliCrop's proprietary seed enhancement technology is the brainchild of Ṛcā Godbole, Ph.D., co-founder and CSO of SaliCrop.
  • SaliCrop's has developed  hundreds of seed enhancement protocols designed to improve plant resilience to the impacts of climate change by intentionally exposing the seeds to controlled abiotic stressors.
  • "Our climate-smart seed enhancement technology has empowered tomatoes to better withstand extreme climate events," adds Devir.

Silicom Reports 2023 Results & Announces Strategic 5-Year Plan

Retrieved on: 
Thursday, February 1, 2024
EPS, Accounts payable, Accounts receivable, GAAP, Silicom, Earnings per share, KFAR, Acquisition, Share repurchase, Cost, Workforce, Reinsurance

KFAR SAVA, Israel, Feb. 1, 2024 /PRNewswire/ -- Silicom Ltd. (NASDAQ: SILC), a leading provider of high-performance networking and data infrastructure solutions, today reported its financial results for the fourth quarter and full year ended December 31, 2023, together with a 5-Year Strategic Plan recently approved by its Board of Directors.

Key Points: 
  • The main objective of the 5-Year Strategic Plan is to create significant shareholder value over time, increasing Earnings Per Share (EPS) gradually to above $3 in 2028.
  • To date, implementation of the plan has resulted in the discontinuation of two non-core programs and a downsizing of Silicom's workforce from 310 to 240 employees.
  • Associated one-time impairment of intangible assets and related write-offs of Cost of Sales have been reflected in the Company's fourth quarter GAAP financial results, with reconciliation detailed in the Non-GAAP financial results.
  • Fourth Quarter: Silicom's revenues for the fourth quarter of 2023 totalled $18.8 million compared with $45.2 million for the fourth quarter of 2022.

Elevating Standards: PathKeeper's Unique Camera and AI Software in Spinal Surgery

Retrieved on: 
Tuesday, January 16, 2024
Hospital, Radiation, KFAR, Multimedia, Failure, Spine, Artificiality, FDA, Robotics, Learning curve, Instrument, Anatomy, Medical device

KFAR SABA, Israel, Jan. 16, 2024 /PRNewswire/ -- Innovative medical technology company PathKeeper Surgical, headquartered in Israel, is reshaping the field of spinal surgery.

Key Points: 
  • KFAR SABA, Israel, Jan. 16, 2024 /PRNewswire/ -- Innovative medical technology company PathKeeper Surgical, headquartered in Israel, is reshaping the field of spinal surgery.
  • The company is making significant strides to facilitate worldwide access to navigation-guided procedures for individuals grappling with spinal issues that require surgical intervention.
  • I am excited to see how PathKeeper continues to develop their platform, especially for spinal deformity correction."
  • The company's proprietary camera and Artificial Intelligent software promises to surpass existing solutions in the field.

SILICOM'S FOURTH QUARTER & FULL YEAR 2023 RESULTS RELEASE SCHEDULED FOR FEBRUARY 1, 2024

Retrieved on: 
Tuesday, January 2, 2024
Telephone, KFAR, Conference, Eastern Time Zone, Silicom, Broadcasting

KFAR SAVA, Israel, Jan. 2, 2024 /PRNewswire/ -- Silicom Ltd. (NASDAQ: SILC), an industry-leading provider of high-performance server/appliances networking solutions, announced today that it will be releasing its fourth quarter and full year 2023 results on Thursday, February 1, 2024.

Key Points: 
  • - Conference Call Scheduled for Thursday, February 1, 2024 at 9:00am ET -
    KFAR SAVA, Israel, Jan. 2, 2024 /PRNewswire/ -- Silicom Ltd. (NASDAQ: SILC), an industry-leading provider of high-performance server/appliances networking solutions, announced today that it will be releasing its fourth quarter and full year 2023 results on Thursday, February 1, 2024.
  • The Company will be hosting a conference call on that same day at 9:00am Eastern Time.
  • On the call, management will review and discuss the results, and will also be available to answer investors' questions, following the prepared remarks.
  • To participate, investors may either listen via a webcast link hosted on Silicom's website or via the dial-in.

MaterialsZone Enables Further Innovation at Kafrit Group, Enhancing Products and Customer Experience

Retrieved on: 
Wednesday, December 13, 2023
Plastic, Research, Polymer, Informatics, Materials informatics, Intelligence, Machine learning, Spacecraft, KFAR, Partnership, R, SVP, Innovation, TEL, Knowledge, TASE, Retail

The solution to this challenge hinges on harnessing data and becoming data-driven, yet these companies lack the necessary tools and expertise.

Key Points: 
  • The solution to this challenge hinges on harnessing data and becoming data-driven, yet these companies lack the necessary tools and expertise.
  • MaterialsZone has developed a unique Materials Informatics Platform, leveraging data and harnessing the power of artificial intelligence and machine learning, enabling companies such as Kafrit Group to augment their internal capabilities and increase collaboration.
  • "The plastics industry is very crowded and constantly changing, which indicates innovation will be key to staying competitive," said Kafrit Group's CEO Daniel Singer.
  • MaterialsZone closes the gap, empowering its customers to build better and more sustainable products while dramatically reducing costs.