Tomorrow.io raises $87 million, launches second weather satellite into space

Tomorrow.io raises $87 million, launches second weather satellite into space. ?The Israeli-founded company launched its second satellite on the SpaceX Transporter-8 last week as part of its plans to complete a constellation of more than 20 total satellites over the next two years.

Netanyahu: Intel to invest $25 billion in new chip plant in Israel. ?According to Israel’s Ministry of Finance, the factory will begin operating by 2027. Intel Israel didn't comment directly on Netanyahu's announcement or confirm any of the details.

Opinion |?The industrial economy goes digital: Transforming traditional industries. ?“With recent macro shifts, we are witnessing an incredible paradigm shift — the opportunity to bring traditional industries into the digital age,” writes Tomer Landesman of Pitango Growth.

Demand for software developers drops by 60% in 15 months. ?As of May, the number of job vacancies for engineers in the high-tech sector in Israel stood at approximately 9,400 positions, including around 5,500 for software developers.

YDLabs selected by Innovation Authority to establish microorganism fermentation labs for Israeli foodtech industry. ?The Israel Innovation Authority will invest up to $14 million in infrastructure to serve all foodtech companies using fermentation for research, development, and production of their products.