Israel’s technology companies join forces for the aviation industry;

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Ministry of the economy, IAI and leading cyber companies announce consortium to develop cyber security solutions for commercial aviation
from right to left-Paul Friedberg, Deputy Director of SIBAT, Shay Rinsky, director general of the Economy and Industry Ministry, Adiv Baruch, Chairman export institute, Yigal Unna, Chief Executive Director of. New Cyber Technologies Unit Israel National Cyber Directorate, Yoav Tourgeman, General manager and CEO ELTA Division, Estie Peshin, VP Cyber Division.

Israel’s technology companies join forces for the aviation industry;

Ministry of the economy, IAI and leading cyber companies announce consortium to develop cyber security solutions for commercial aviation

Israel’s ministry of economy and industry, Israel Aerospace Industries (IAI), CyberArk, Check Point, Cockpit Innovation, Karamba Security and ClearSky announced today a new cyber consortium for the aviation industry., the announcement was made today as part of the 5th International Conference of Homeland Security and Cyber, which is organized by Israel’s Export Institute. The new consortium includes long-standing Israeli companies, which are offering a broad range of aviation, security, intelligence and cyber solutions for the global market, alongside young startups with cutting edge cyber products and technologies. The consortium was established in order to offer comprehensive, end-to-end, cyber security solutions for the commercial aviation industry: airports, airlines and aircraft. Additional Israeli companies have already expressed their interest in joining the consortium.

The consortium will enhance and empower Israeli cyber companies’ capabilities and their access to the commercial aviation industry with support from Israel’s government. The consortium companies will work to develop an efficient integrated solution for airport authorities, airlines, airports and more. The synergy between the Consortium’s members and the government support will further solidify Israel’s status as a technology and innovation leader in cyber in general and in aviation cyber in particular.

Leveraging the unique cyber and aviation capabilities of each of its members, the consortium will promote the area and open it up for additional Israeli companies, using the economy of scale to open more doors in the global commercial aviation market. The success of the consortium members in winning contracts in the international market will contribute to production and development in Israel, will boost export, reinforce the startup companies and will create more development, manufacturing, support, marketing and business development jobs in Israel.

Shay Rinsky, director general of the Economy and Industry Ministry, said, “The Economy Ministry provides Israeli companies with an arsenal of tools to expand into international markets: commercial attaches, trade agreements and various capital tools. I am pleased to witness leading companies cooperate in offering a total cyber security solution for aviation while building on their respective strengths. I am confident we will reap the fruit of this collaboration with many large deals across the globe.”

Yigal Unna, Chief Executive Director of. New Cyber Technologies Unit Israel National Cyber Directorate, commented, “The Israel Cyber Consortium has identified a major need for solutions that will improve the cyber security of commercial aviation. We encourage investments by the Israeli cyber industry in innovation and collaborations. The consortium includes seasoned and upcoming companies, all of which are very capable in creating aviation security solutions.”

Nimrod Sheffer, CEO, IAI, said, “IAI is proud to lead the aviation consortium with CyberArk, Check Point, Cockpit Innovation (the corporate venture of El Al Israeli Airlines), Karamba Security and Clear Sky. As previously demonstrated by the cyber companies’ consortium, this model of shared work and collaboration increases the synergy, helps open up markets, win contract and reinforces Israel’s position as a global cyber leader. With this cooperation, the Israeli market will be able to propose optimized, end-to-end, solutions for aviation threats in the different fronts. As a local and global cyber and aerospace leader, IAI will continue to champion creative an innovative thinking. We thank the Ministry of Economy, Industry and Trade, the Israeli National Cyber Directorate, The Israeli Ministry of Defense and The Israeli Export Institute for their support. We look forward to working with our consortium partners on integrative, end to end, solutions to improve the cyber security of global commercial aviation.”

About Israel Aerospace Industries

IAI Ltd. is Israel’s largest aerospace and Defence Company and a globally recognized technology and innovation leader, specializing in developing and manufacturing advanced state-of-the-art systems for air, space, sea, land, cyberspace and homeland security. Since 1953, the company has provided advanced technology solutions to government and commercial customers worldwide including satellites, unmanned and robotic systems, radars, cyber solutions and more. IAI also designs and manufactures business jets and aero structures, performs overhaul and maintenance on commercial aircraft and converts passenger aircraft to refuelling and cargo configurations.

About Check Point Software

Check Point Software Technologies Ltd. is the world’s leading cyber security provider. Check Point provides the most comprehensive and cutting edge cyber security technology to more than 100,000 organizations of all sizes and millions of users around the globe. Through its complete security architecture – Infinity – Check Point defends all IT elements of the enterprise – from networks and end point devices to Cloud based applications and infrastructure, and also mobile devices. This unparalleled comprehensive security is served while acquiring customers with the most effective and intuitive security management addressed to thwart and prevent the ever-changing landscape of cyber threats. Check Point also offers the world’s widest cyber security research with over 200 cyber researchers who oversee current and emerging trends and security vulnerabilities.

Check Point is traded in NASDAQ since 1996. The company’s revenue in 2017 was 1.85 billion US Dollars. It employs over 5,000 employees in over 70 countries.

About CyberArk                                                                                                         

Cyber Ark is the global leader in privileged access security, a critical layer of IT security to protect data, infrastructure and assets across the enterprise, in the cloud and throughout the DevOps pipeline. CyberArk delivers the industry’s most complete solution to reduce risk created by privileged credentials and secrets. The company is trusted by the world’s leading organizations, including 50 percent of the Fortune 100, to protect against external attackers and malicious insiders. A global company, CyberArk is headquartered in Petach Tikva, Israel, with U.S. headquarters located in Newton, Mass. The company also has offices throughout the Americas, EMEA, Asia Pacific and Japan

About Karamba Security

Karamba Security specializes in preventive cyber security solutions for the automotive industry. Within three years from inception, the Company has contracted 17 car and car systems vendors. Karamba’s software is used to ruggedize the car’s elements to prevent modification via cyber-attacks. Karamba’s security approach prevents attacks with no risk for false alarm, near-zero impact on performance and no impact on developers’ work, which means no change in original market introduction plans. To date, Karamba has raised $27 million from leading global funds focused on information security and automotive, the first investment in an Israeli company for most of them.

 About Clear Sky

Clear Sky is a leading consulting and cyber intelligence company. It provides strategic consulting, intelligence and a range of cyber solutions and services. Clear Sky focuses on custom tailoring a total “security suit” which includes superior cyber security and relevant solutions that meet the needs of government agencies and private companies. Founded in 2011, Clear Sky is headed by Boaz Dolev, formerly head of Israeli Government’s Accessible Government and Secured Online Infrastructure (TEHILA) projects.

About Cockpit Innovation

Cockpit is an industry venture fund with the mission to support and invest in entrepreneurs with disruptive technologies in digital travel, aviation and aerospace.

As part of Cockpit’s strategic partnership with the Boeing and EL AL Groups, Cockpit is committed to ventures re-inventing aerospace and air travel through innovation, and serves as a bridge between the startups community and leading players in the industry from all over the world.

By creating unique international channels for entrepreneurs, Cockpit startups get a first class opportunity to pilot ideas, and a chance to introduce products to Cockpit’s stakeholders and partners around the world. Cockpit’s portfolio companies receive a real opportunity for a first enterprise client, resources and strong international network, supporting startups all the way toward global deployment of their innovative ventures.

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In the picture: from right to left-Paul Friedberg, Deputy Director of SIBAT, Shay Rinsky, director general of the Economy and Industry Ministry, Adiv Baruch, Chairman export institute,  Yigal Unna, Chief Executive Director of. New Cyber Technologies Unit Israel National Cyber Directorate, Yoav Tourgeman, General manager and CEO ELTA Division, Estie Peshin, VP Cyber Division.

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