NanoLock Security, a global leader in cyber security solutions for production floors and critical infrastructures, announced the appointment of Yizhar Shai as a member of the company's board of directors.
Yizhar Shai, former Minister of Science and Technology and Member of Knesset, brings with him rich experience in the fields of technology, innovation and public policy. As a serial entrepreneur and investor in the high-tech industry, Shai was a partner in building leading global technology companies and helped promote the Israeli technological ecosystem. Today, Shai promotes the Next October initiative, which commemorates the fallen and those murdered in the October 7 disaster by connecting them to new Israeli technological ventures.
"We are excited to add Yizhar Shai to our board of directors," said Eran Fine, CEO of NanoLock Security. "I had the privilege of working with Yizhar in the past and witnessed his enormous contribution in helping build and grow technology companies. Yizhar's rich experience in the high-tech industry, together with his deep understanding of national and global cyber challenges, will help NanoLock accelerate its growth and expand its influence in the global security market."
NanoLock Security, a portfolio company of Awz Ventures, specializes in securing industrial control systems against cyber threats, while maintaining operational continuity and preventing downtime. The company's solutions protect critical infrastructures in the fields of energy, water, manufacturing and heavy industry worldwide.
Yizhar Shai commented on his appointment: "I am excited and curious to join the board of directors of NanoLock Security. Threats to critical infrastructure are increasing, and NanoLock's innovative technology offers a solution to protect vital industrial assets. I look forward to working with the company's leading team to expand its global operations and strengthen Its position as a leader in the field of OT security. The company paved its place in the growing industry by bringing a different and new solution to the market that meets a huge need in unique ways."
Yaron Ashkenazi, the founder and managing partner of the Canadian-Israeli investment group Awz, welcomed the joining of Yizhar Shai: "Yizhar's rich and successful experience in the high-tech industry and his proven leadership skills are critical to the success of NanoLock. Yizhar is an ideal partner for the further realization of the technological and business vision of the company and we are sure that he will bring with him unique insights and make a significant contribution to the board of directors and the company."
NanoLock Security is a leading company in the field of cyber security for operational systems (OT) and critical infrastructure. The company's innovative solutions provide comprehensive protection for industrial control systems, while ensuring operational continuity and preventing downtime. NanoLock serves customers in the energy, water, manufacturing and critical infrastructure industries in the US, Asia, UK and Israel.