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Home > News > BIRD to invest $1m

July 12th, 2005

BIRD to invest $1m

Abstract:
Motorola and Israeli start-up Cima NanoTech will collaborate in an innovative project supported by the Israel-U.S. Binational Industrial Research and Development Foundation (BIRD). The companies will co-develop next generation radio frequency identification (RFID) solutions for technologies that use radio waves for identification and tracking.

The BIRD Foundation will invest $1million in the joint project, which is valued at $2.4 million.

Source:
globes.co.il

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