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Solutum Technologies Ltd.
- Avi Felder
Avi Felder is an experienced consultant specializing in R&D and technology, currently self-employed since January 2019. In addition to consulting, Avi serves as a board member at Tracense Systems Ltd. and has been a volunteer member of the board at Kfar Idud since 2019. As the Chairman of the Board and CEO of Solutum LTD since August 2021, Avi previously held the position of Chairman of the Board at Tracense Systems from February 2021 to August 2022. Notably, Avi served as President and CEO of IMI Systems Ltd. from 2005 to 2018, during which the company achieved substantial annual sales. Additionally, Avi was EVP of the Armored Fighting Vehicles Division at Ashot Ashkelon Industries Ltd. from 2004 to 2016 and held the Chairman of the Board position there.
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Solutum Technologies Ltd.
Solutum is a Cleantech start-up that develops a unique formula for plastic bags to dissolve in water.The company's team of chemical engineers have developed a unique compound that replaces the plastic with a cost-efficient, strong and eco-friendly solution. Solutum biodegradable products are environmentally friendly. These products aim toreplace plastic which is polluting our surroundings, causing devastating harm to nature and our own health.Each year around 350M ton of plastics are being produced around the world. About half of it is single-use products - resulting in mass pollution of the land and sea.The plastic that reaches the sea kills more than 1 million marine animals a year. This plastic also comes back to us in the food and water, causing major health problems.Translated into money - $139 Billion globally is being spent on the overall social and environmental costs of plastic pollution every year.Completely dissolving in water to natural and eco-friendly components, our product is a perfect and cost efficient solution to the plastic pollution.
