With an investment of over one billion shekels: Mobileye's new campus in Jerusalem was inaugurated

This morning (Tuesday) Mobileye's new campus on Mount Hotzavim in Jerusalem was inaugurated in the presence of the President of the State, Mr. Yitzhak Herzog, his wife, Michal Herzog, and the Mayor of Jerusalem, Mr. Moshe Leon.

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Mobileye's new campus was inaugurated on Mount Hotzvim in Jerusalem, in a solemn ceremony attended by President Yitzhak Herzog and his wife Michal and Jerusalem Mayor Moshe Leon. The huge campus was built over seven years with a total investment of over one billion shekels, it covers an area of approximately 128,000 square meters and will house approximately 2,700 employees. The campus includes the most innovative measures that provide an overall optimal environment for the company's employees.

"Precisely in the midst of the greatest challenge that Israel has ever known, perhaps the establishment of the state, a situation is taking place that is both miraculous and typical," Herzog noted – "It is wonderful and amazing because it is impossible not to admire this amazing campus and what you will continue to do there, to develop technology in it with energy and talent that will contribute For all of humanity. On the other hand, it is typical because there is nothing like our people to better illustrate our ability to renew, to break new ground, to grow and prosper even in the midst of the crisis. The contribution of this campus to Israel's economy, to Israel's position in the world, to the Israeli high-tech industry and to the future of future generations is enormous." .

Jerusalem Mayor Moshe Leon stated that Mobileye's activity in Jerusalem reflects the strength of the high-tech industry in the city and establishes its position as a global center of excellence for research and development in the fields of artificial intelligence. "The new campus will bring with it a tremendous contribution to Jerusalem and its economy and carry with it a broad and significant social and cultural contribution," he emphasized.

Prof. Amnon Shashua, president and CEO of Mobileye said at the event: "This is a defining moment in the life of Mobileye, which is also the 25th year of its founding. Mobileye was born in Jerusalem, and as you can see it will stay in Jerusalem. Mobilai has offices all over the country in Tel Aviv, Haifa, Petah Tikva, Ramat Gan and all over the world in Japan, China, Germany, France, the USA and soon also in India and Korea. But the center of gravity of the company is here and will remain here out of respect for our heritage and the desire to preserve the culture and The values that led us this far."