#18 head 3.28.07

Technion to confer Honorary Doctorate on Newtown Square Resident Ed Satell

NEW YORK and MALVERN, PA (April 11, 2016) – Noted philanthropist, entrepreneur and community leader Ed Satell will receive an Honorary Doctorate from the Technion-Israel Institute of Technology this June in Haifa. Mr. Satell, of Newtown Square, Pa. and Jupiter, Fla. has actively supported the Technion for years. He is a Technion Guardian, a designation reserved for those who have reached the highest level of support for the university, and a National Board member of the American Technion Society.
Mr. Satell is the Founder, former CEO, and current Executive Chairman of Malvern, Pa.-based Progressive Business Publications – a diversified executive information and education provider serving businesses, government and nonprofits. Mr. Satell believes, models and teaches, “Think we, not just me.” Most recently, he founded and endowed the Satell Institute, a prominent and active think tank for corporate social responsibility.
Mr. Satell has chosen to sponsor numerous Technion research projects in medicine and energy, including: the Satell Program in Stem Cell Science; the Satell Fellow in Stem Cell Research Program; the Ed Satell Doctoral Fellows Club Partnership; the Richard D. Satell Cancer Research Projects; and, at the request of Technion President Professor Peretz Lavie, he became the initial supporter of the Technion Energy Program (TEP) with the Satell Family Nitrogen Hydrogen Alternative Fuels Laboratory and Program. He also funded and plays an active role in the collaborative Satell UConn-Technion Global Energy Sustainability Program, and the Satell Technion-MIT Leadership Program at MIT, created to address the Technion’s future faculty needs.
“Many people support research, but very few people become involved personally,” said President Lavie. “Ed’s attention, his visits, his advice, his caring for the students … that makes the difference. It’s the full process of support and encouragement. Ed Satell is unique.”

The Technion-Israel Institute of Technology is a major source of the innovation and brainpower that drives the Israeli economy, and a key to Israel’s reputation as the world’s “Start-Up Nation.” Its three Nobel Prize winners exemplify academic excellence. Technion people, ideas and inventions make immeasurable contributions to the world including life-saving medicine, sustainable energy, computer science, water conservation and nanotechnology. The Joan and Irwin Jacobs Technion-Cornell Institute is a vital component of Cornell Tech, and a model for graduate applied science education that is expected to transform New York City’s economy.

American Technion Society (ATS) donors provide critical support for the Technion – more than $2 billion since its inception in 1940. Based in New York City, the ATS and its network of chapters across the U.S. provide funds for scholarships, fellowships, faculty recruitment and chairs, research, buildings, laboratories, classrooms and dormitories, and more.