Raicol Crystals Ltd. Raicol Crystals Company emerged from Ariel’s technological incubator. The incubator project was the result of research started at the Ariel University Center about 16 years ago. Currently the company is a leading manufacturer of nonlinear optical materials and devices. 
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ETV Motors Ltd. is a Herzliya-based company with research and testing facilities at several additional locations. The Company was founded by Ariel University R&D Company, Dr. Arieh Meitav, Matrix IT Ltd. and Mr. David Waiman. ETVM was established in 2008 and raised a milestone-driven $12M investment led by the Quercus Trust. New York based 21 Ventures, LLC, is a co-investor. ETVM's focus is development and commercialization of critical PHEV components and their integration into turbine-powered Range-Extended Electric Vehicles (REEVs). These propulsion platforms will have unparalleled energy efficiencies and ultralow emission signatures based on a novel on-board charger and 4.7V lithium battery.
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FCV Ltd – Fuel Cells Vision (formerly Energy Nano Processor) FCV Ltd.), is developing critical components for improving Direct Methanol Fuel Cells (DMFC). FCV focuses on the development of a multi-functional electrode that enhances methanol oxidation, decreases methanol crossover and improves current collection thereby combining several scientific and technological novelties in a single product. The company targets the worldwide portable battery business and the growing market of mobile devices power sources.
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Flow-Sim was established in 2001 within the framework of Ariel’s technological incubator (http://www.incentive-il.com/). Flow-Sim has developed a software solution for predicting and simulating fluid flow in a related physical environment. The Flow-Sim technology uses typical CFD technology to bring an improved simulation solution to the production floor. It can be used for a variety of products and technologies, such as early conceptual studies of new designs, for detailed product development, for scale-up, for troubleshooting, and for system retrofitting.
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