from the February 2014 issue

Israel's Rafael to unveil laser-based defense system

The high energy laser (HEL) system, called Iron Beam, was unveiled at the Singapore Air Show.

Iron Dome
Rafael plans to market cyber defense solutions under the brand name CyberDome, a name that capitalizes on its highly successful product, thA laser-based defense system against rockets, mortars and airborne attacks will shortly be unveiled by Rafael Advanced Defense Systems .

Israel's Rafael to unveil laser-based defense system
The Katana was designed to protect critical infrastructures, including ports, undersea pipelines, oil and gas rigs.

Israel Aerospace Industries Ltd. (IAI) (TASE: ARSP.B1) will unveil its new unmanned ship, the Katana, at the Defexpo 2014 Land, Naval In the past decade, IAI sold has sold $2 billion worth of UAVs to Asian countries. The company's contracts with India have given it a taste for more. One contract alone, for the sale of Barak 8 sea missiles to the Indian Navy, is worth $1.4 billion.

Intel Corporation has invested $10.8 billion in its fabs and development centers in Israel over the past 40 years. These fabs and development centers currently have 9,800 employees, making Intel Israel the country's leading private employer, and they have produced one billion silicon processors for Intel Corporation.

"Without innovation in Israel, the company has no right to exist," says Intel Israel president Mooly Eden. Intel Israel's achievements include the 8088 and Pentium MMX processors, as well the Centrino processor, the development of which Eden was responsible.

Intel Israel's exports in 2013 were slightly less than in 2012. "Even as we develop and are at the spearhead of fab technology," says Eden. "we're constantly moving on to the next technology. You produce the products because you have to reach market, so you don't include in your books the fab's initial product run and we don't recognize it." This is why linear growth, he says, is slightly above the company's exports in 2012. Intel Israel has 4,400 employees at its fab and 5,400 at its development center.

Intel Israel is holding its annual press conference against the backdrop of pending negotiations with the government over a huge grant to build a new fab with new technology in Kiryat Gat.

Intel will reportedly submit its official request for the grant in a few months, and the Ministry of the Economy and the Ministry of Finance will consider whether to award the grant, which could reach $900 million, spread over several years.

Intel is also at a crossroads over its strategic development. Without question, the company missed change in direction in the computer industry, where growth is mostly not in PCs, where Intel dominates, but in mobile devices, especially tablets. Intel is still not there, but it plans an aggressive entry into the market this year and to reach sales of 40 million units based on its processors, about 15% of the projected market in 2014

Reprinted from the Israel High-Tech & Investment Report February 2014

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