The Board of Directors at Ashdod Port has approved a US$2 million investment in three digital startups through its Corporate Venture Capital (CVC) fund, pending approval from the Government Companies Authority. This fund is an extension of the Israeli port's technology incubator, established in 2021 as part of its innovation strategy. The incubator has since supported over 90 startups in sectors including operations, logistics, cybersecurity, and safety. Roee Avrahami, head of the port's innovation and investment division, stated that the selected startups underwent a rigorous six-month pilot program. The recipients are Makalu Optics, developing LiDAR technology for enhanced perception and planning; Treedis, offering a virtual and augmented reality solution for real-time connectivity and collaboration; and Flyz Robotics, which has created autonomous miniature drones for security, logistics, and safety tasks. Shaul Schneider, Chairman of the Ashdod Port Board, highlighted the strategic importance of these investments.