Israeli desalination firm named one of world’s smartest companies

The Nitzana desalination plant in Israel. Credit: Wikimedia Commons.

(Israel Hayom/Exclusive to IDE Technologies, an Israeli water desalination company, has been named by the MIT Technology Review as one of the world’s 50 smartest companies for 2015.

IDE was ranked 18th on the annual MIT Technology Review list. Topping the list was Tesla Motors. Rounding out the top five were Xiaomi, Illumina, Alibaba, and Counsyl.

“To make the list, a company must have truly innovative technology and a business model that is both practical and ambitious, with the result that it has set the agenda in its field over the past 12 months,” the MIT Technology Review said.

Regarding IDE, the MIT Technology Review said the company was “offering more affordable water desalination at a scale never before achieved.”

Posted on July 7, 2015 .