When President Obama visited Israel in March, he met with seven groups of inventors whose products exemplify the best of Israeli innovation. A paraplegic, strapped into ReWalk, a battery-operated exoskeleton suit, walked confidently around the room. Students from the Technion operated the Robotic Snake, a miniaturized camera-equipped robot that can slither into hard-to-access disaster sites. And scientists from Mobileye showed their collision-prevention system.
Israel is ranked 26th of 144 countries by the World Economic Forum’s 2012-2013 Global Competitiveness Report. It’s also third in innovation, fifth in investor protection and 17th in financial market development. Since 2008, investors have paid roughly $17 billion for almost 300 startups.
The Library of Congress uses Ex Libris Israeli software, Arab countries and the FBI use Israeli video intelligence products, and BriefCam, an image-processing system that summarizes hours of video, helped authorities find the Boston Marathon bomber.
{Matzav.com Israel News Bureau}