ThirdEye Systems News
17 articles
Westin Desaru Coast Resort partners with CAYIN Technology for digital signage
CAYIN Technology has partnered with Westin Desaru Coast Resort in Johor, Malaysia, to enhance guest communication and operational efficiency through the implementation of its CMS-WS server and CAYIN Signage Player. This collaboration involves the use of digital signage to provide real-time updates across 14 Samsung displays in various areas of the resort. The project was executed in partnership with Hola Media, which provided integration services, including installation, design, staff training, and support. The system has improved communication, reduced staff workload, and enhanced the guest experience, preparing the resort for future digital expansion.
Partners
Nifty clocks fifth session of gains led by IT on Infosys buyback, US rate cut hopes
Infosys led gains in Indias Nifty 50 index, which closed higher for the fifth consecutive session, driven by a 5% surge in Infosys shares following the announcement of a share buyback plan. The IT sector, which accounted for a significant portion of the days gains, benefited from expectations of a U.S. interest rate cut, which could boost technology spending in the U.S., a key market for Indian IT firms. The broader market also saw gains, with the Nifty 50 and BSE Sensex both rising by 0.39%. The anticipation of a Federal Reserve rate cut was fueled by weaker-than-expected U.S. job data.
BHP Xplor Opens Applications for 2026 Cohort, Offering Equity-Free Funding and Global Support
BHP Group Limited has announced the opening of applications for the 2026 cohort of its BHP Xplor accelerator program, which aims to transform the discovery of critical minerals. The program offers early-stage explorers up to USD $500,000 in equity-free funding, mentorship, and access to BHP’s global network. BHP Xplor has been successful in previous years, fostering partnerships and accelerating exploration projects. The program supports BHPs long-term growth by engaging with diverse exploration projects. Applications are open from September 8 to October 15, 2025.
Partners
Nikkiso Addresses Growing Ammonia-Handling Demand and Launches Next-Generation Pump at Gastech 2025
Nikkiso Clean Energy & Industrial Gases Group (Nikkiso CE&IG) announced the launch of a next-generation submerged ammonia pump at the Gastech Conference. This pump is designed to be the safest and most reliable in the industry, addressing common maintenance issues with its seal-less, maintenance-friendly, copper-free construction. The pump can deliver over 2,500m3 per hour and has a mean time between outages of over 16,000 hours. This launch is part of Nikkiso CE&IGs ongoing innovation in ammonia handling, with the company having decades of experience in this field. The pump is expected to meet growing demand for ammonia in various sectors, including power generation and shipping.
Product Stage
Strauss Group (TASE:STRS): Assessing Valuation After Mixed Q2 Earnings and Sales Growth
Strauss Group has released its second quarter and half-year earnings, showing a rise in sales for both periods in 2025. Despite the increase in revenue, net income has decreased, indicating potential cost pressures or margin changes. The companys stock has risen by nearly 64% over the past year, though recent gains have slowed. Strauss Groups price-to-earnings ratio is slightly below the Asian Food industry average, suggesting it is valued in line with sector peers. The companys strong profit growth and above-average profit margin support its current valuation. However, potential risks include slowing net income growth or changes in consumer demand.
UAE conglomerate buys $10m stake in Israeli tech security firm that detects drones
$10.3 million deal includes a joint venture to revolutionize drone detection systems.
Thirdeye, a defense company specializing in drone identification systems, has announced a significant deal with the Emirati Edge Defense Group. The Emirati company will acquire 30% of Thirdeyes shares for $10.3 million and will inject an additional $12 million into a joint venture. This partnership aims to develop and market electro-optical identification systems globally. Following the announcement, Thirdeyes stock surged 21% on the Tel Aviv Stock Exchange, reflecting a positive market reaction. The joint venture will see the Emirati group holding a 51% stake, Thirdeye 43%, and a third party 6%. The deal is subject to shareholder approval and necessary licenses.
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/PRNewswire/ -- Corundum Neuroscience (CNS), a leading neuroscience venture builder and fund, today announced the appointment of Itsik Francis, PhD, as Head of...
Corundum Neuroscience, a leading neuroscience venture builder and fund, has appointed Itsik Francis, PhD, as Head of Business Development. With over 15 years of experience in medtech and biotech investment and business development, Francis will focus on expanding Corundums portfolio of neurotech ventures and strengthening strategic partnerships. His role will involve driving deal flow, investment strategies, and providing support to portfolio companies. Franciss appointment is expected to propel Corundum Neurosciences growth and enhance collaborations with medtech, medical device, and digital health companies, as well as research institutions globally.
Management ChangesPartners
עין שלישית סוגרת עסקה עם לקוח ביטחוני בהיקף של 5 מיליון שקל
עין שלישית מערכות בע"מ, a company that develops electro-optical systems incorporating artificial intelligence capabilities, has announced a binding order worth 5 million shekels from an existing security customer. The order, which is expected to be fulfilled within a year and a half, is for the development and initial supply of a system with new land-grabbing capabilities to be installed on unmanned aircraft. The company expects to receive additional orders for the development of unique features as part of this strategic project in the near future.
InvestmentCustomers
עין שלישית קיבלה הזמנה ביטחונית בהיקף 15 מיליון שקל - Techtime - חדשות אלקטרוניקה והייטק
Israeli company Thirdeye Systems has won a security contract worth at least 15 million shekels. The final amount could double, depending on the actual orders placed by the customer and any changes required in the systems execution. This is a significant order for the company, whose total sales in 2023 amounted to 14.8 million shekels. Thirdeye Systems has developed a drone detection system that can identify threats from a distance of up to 1.5 km. The system uses a thermal camera and threat identification software.
Customers
Thirdeye delivers first Ghost Soldier system
Israeli edge computing analytics company Thirdeye Systems has delivered its first Ghost Soldier system to a customer. The system, which uses a miniature drone with cameras for electro-optical scanning, is designed to assist ground forces in monitoring and discovering the enemy during warfare in open terrain. The drone is launched using a voice command and communicates with the operator using voice commands based on advanced AI capabilities. Thirdeye plans to market the Ghost Soldier system in the US through a leading agency in the defense sector.
Customers
עין שלישית מגייסת חוב יקר על מנת להרחיב פעילות: ”רואים גידול משמעותי בהזמנות”
עין שלישית has secured a loan of 6 million shekels from a private company owned by a significant shareholder. The loan, which carries an interest rate of over 10%, comes with an option to convert to company shares at double the current trading value. The funds will be used to finance the companys operations and expansion, following a significant increase in orders. The loan is divided into two parts, each of 3 million shekels, with different terms and interest rates. The lending company has the option to convert the loan principal to company shares at a price of 6.3 shekels per share.
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Israel’s ThirdEye to Provide Counter-UAV Systems
ידידיה יערי מונה ליו"ר החברה הביטחונית עין שלישית כלכליסט
Former Navy commander and CEO of Rafael, Yedidia Yaari, has been appointed as the chairman of the security company, Third Eye. The company, based in Netanya, is traded in Tel Aviv with a market value of 101 million shekels. It specializes in artificial intelligence for robotic and electro-optical systems. Yaari will serve as an active chairman. The companys CEO, Lior Segal, stated that Yaaris addition is a significant step in forming an experienced and professional leadership.
Management Changes
Israeli Drone Detection Platform Unveiled - iHLS
Israeli company ThirdEye Systems Ltd has unveiled a new man-portable passive drone detection platform called Meduza. The technology, developed by the company, uses real-time thermal computer vision algorithms to detect drones low on the horizon. Meduza can be installed as a stand-alone unit or as a complementary system to long-range detection systems. The company has also developed a thermal analytics and classification system called aEye, which enables fully autonomous missions. The system can be installed on various drones and provides enhanced situational awareness. The article highlights the capabilities and benefits of both Meduza and aEye.
CustomersPartners
ThirdEye Systems Drone to prevent infiltration's - sUAS News - The Business of Drones
ThirdEye Systems Ltd., a research and development company specializing in high-end object recognition algorithms within the thermal spectrum, has developed the Chimera payload for drones. The payload contains day and night sensors and provides real-time aerial analytics solutions. The system is already operational in several settlements in Israel. The company aims to offer real-time solutions and create a cloud-based database for useful insights and rule sets.
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Removing the human element from autonomous commercial drones
The article discusses the potential of autonomous drones in the commercial sector. It highlights the need for further changes in FAA drone regulations to fully realize the economic potential of commercial drones. The article also discusses the different levels of autonomy in drones, such as autonomous flight, takeoff and landing, ongoing operation, and task performance. It mentions companies like Airobotics, Arbe Robotics, Skydio, DroneDeploy, and Skycatch that are innovating in this space.
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