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Three Firms with Israeli Ties Enter Dutch Maritime Accelerator

Three companies with Israeli origins were among 21 chosen out of 1,000 applicants to the 2019 cohort of port and maritime accelerator PortXL in Rotterdam, Netherlands: Eco Wave PowerFlower Turbines and ShipIn Systems.

The process of choosing the final 21 involved two days of pitching and half-hour interviews with 50 judges from around 30 companies, who are seeking innovation relevant to ports across the world.

Each chosen company receives a small investment to set up a subsidiary in The Netherlands for the three months of the accelerator program.

Eco Wave Power, headquartered in Tel Aviv, has an innovative technology for extracting energy from ocean and sea waves and converting it efficiently into fully renewable, emission-free, affordable electricity.

Eco Wave Power currently operates an R&D wave-energy power station in Jaffa Port, as well as a grid-connected power station in Gibraltar — the only grid-connected wave-energy power station in the world and the longest grid-connected wave energy power station to date, for which it broke a world record in 2018. Eco Wave Power works with subsidiaries in Gibraltar, China and Mexico.

Flower Turbines makes uniquely small tulip-shaped wind turbines addressing the need for wind energy in urban and other tight spaces, such as the sea rim of northern Europe. Headquartered in New York with research and development at Leviathan Energy in Kibbutz Tze’elim, Flower Turbines is in the midst of an equity crowdfunding campaign and has filed for a patent on its two-turbine cluster design for better aerodynamic synergy.

ShipIn provides real-time fleet visibility, increases vessel utilization and enhances safety and compliance on board. Harnessing computer vision and operational analytics, the company’s solutions reduce incidents onboard and deliver actionable insights for fleet performance improvement, risk management and vessel automation. Founded by Israelis Osher Perry and Ilan Naslavsky, ShipIn is based in Massachusetts.

[Photo: Israel21c]