October 19, 2021
Technology

Mekorot: When innovation, technology meet water

Mekorot, Israel’s national water company, has been dipping its toes into the waters of the tech sector, developing innovations that could be applied to multiple sectors in Israel and the world.

Mekorot, which has been operating in the country since 1937, began investing heavily in breakthrough technologies in March of 2018, when the Knesset approved an initiative allowing companies like Mekorot, who are involved with and subsidized by the Israeli government, to do so.

Mekorot, listed on the Tel Aviv Stock Exchange, is a government company that operates under the Infrastructure, Energy and Water Resources Ministry as well as the Finance Ministry, providing 80% of the drinking water in Israel and 70% of overall water consumption in the country.

Read full article here: www.jpost.com