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Defense

20 stories about Defense
Edge of Tech Logo

More acquisitions in Israel... and double profits in the defense tech sector?

16.08.24|CTech
Also in our AI-native show: Healthcare fintech PayZen raises $32 million 
מערכת הפעלה רובוטית לרחפנים של אקסטנד

The biggest global VCs are secretly battling over Israeli defense-tech startups

15.08.24|Sophie Shulman
The vision is becoming reality: reservists returning from the battlefield are establishing defense tech startups, and unlike in the past, the VC industry is rising to the occasion. Global venture capital leaders have arrived in Israel, closing a series of under-the-radar investment rounds. The hot name: Kela, which just completed a Seed round with Sequoia and has already secured a commitment for another round of funding from Lux.
חץ דורבן מערכת הגנה של תע"ש אלביט

Elbit secures $130M contract for Iron Fist defense systems

08.08.24|Yuval Azulay
The Iron Fist is an active defense system that provides perimeter protection for APCs. The buyer, BAE Systems Hägglunds, intends to install it on CV-90 APCs that will be supplied to a country in Central Europe.
Combatica use

Soldiers are getting an XR boost for training on the battleground

05.08.24|James Spiro
Combatica’s next-gen XR training tool offers the best glimpse yet at how virtual reality will change our lives 
תותח אטמוס של אלביט מערכות

Israel purchasing another $340 million-worth of ammunition from Elbit

04.08.24|Yuval Azulay
As part of the transaction, Elbit Systems will construct a new factory for the production of armaments in the industrial area it is establishing in the Negev. The new facility is expected to open at the end of the year, and its primary production activities will be managed from there.
Israeli defense tech map

Mapping Israel's defense tech landscape

25.07.24|CTech
“As the global security landscape continues to shift, Israel's defense industry is well-positioned to address the challenges and seize the opportunities presented,” said Giora Shaked, CBO at Startup Nation Central.
כנס IPM לידר שוקי הון ברנדן דילון שותף וראש תחום אשראי ושוקי הון Veritas Capital

“The U.S. government is the largest tech investor in the world. More than all venture capital combined.”

18.07.24|James Spiro
Veritas Capital’s Brendan Dillon made the remarks when discussing the intersection of government and technology at the Israel Private Markets Summit. 
כנס IPM לידר שוקי הון נפתלי בנט ראש ממשלת ישראל לשעבר וידאו

Naftali Bennett: "We have an amazing nation, but institutional Israel needs to restart itself"

17.07.24|Amir Perger
The former prime minister addressed the state of the country since October 7 at the Israel Leader Capital Markets’ Israel Private Markets Summit, criticizing governmental dysfunction and spending in the nine months since October 7
הקברניט כטב"מ חיזבאללה מלחמת עזה

Hezbollah's suicide drones zero in on Israel's weapons industry

24.06.24|Yuval Azulay
Hezbollah continues to demonstrate that its target bank in Israel is extensive, diverse, and well within its reach. This is particularly concerning for the defense system, as it impacts the availability of armaments crucial for the IDF to sustain a prolonged campaign.
מסירת חץ 3 ל חיל האוויר

Are Israeli arms exports facing a decline?

23.06.24|Yuval Azulay
In 2023, Israel's defense industry exports broke a record, surpassing $13 billion. However, this growth is expected to be halted due to ongoing conflicts, government conduct, and foreign relations, which are creating global delegitimization. Since the outbreak of the war, Israeli defense companies have lost substantial deals, each worth several hundred million dollars.
Amit Pilowsky Key1

The stage is set for a defense tech revolution

23.06.24|Amit Pilowsky
“The geopolitical climate, soaring military budgets, and the need for innovation in modern warfare are setting the stage for a defense tech revolution,” writes Amit Pilowsky, Co-Founder and Partner at Key1 Capital 
Edge 21/6

Breaking down how Israeli arms exports hit an all-time high

21.06.24|Elihay Vidal
Also on our AI-native show: Chegg is shutting down its Israel operations, laying off entire workforce, and Insightec raises $150 million six months after cutting 20% of its staff.
טיל יירוט חץ 3 התעשייה האווירית

Israeli arms exports hit $13 billion all-time high in 2023

17.06.24|Yuval Azulay
This is the third year in a row that the sales record has been broken, despite international pressure amid war 
Edge of Tech 29.5

How are small defense firms benefiting from war-driven massive investments?

29.05.24|Elihay Vidal
Also on our AI-native show: How are wearable devices allowing doctors to better diagnose patients, and Elon Musk's xAI nets $6 billion in latest funding frenzy
תותח אטמוס של חברת אלביט

Israel’s Elbit accelerates work on high-power laser weapon systems as order backlog crosses record $20B

28.05.24|Yuval Azulay
The defense company’s sales in the first quarter were approximately $1.55 billion, marking an 11% increase year-on-year. Rafael’s "Iron Beam" laser system is expected to reach maturity next year, and Elbit's El-Op company is developing a laser weapon for aircrafts
תותח אטמוס של אלביט מערכות

Could international backlash threaten future deals for Israel's defense giants?

05.05.24|Yuval Azulay
The continuation of the war and the undermining of Israel's international status are harming the marketing operations of the defense industries
תותח אטמוס של אלביט מערכות

Israel's Elbit strikes $150-200M deal with Brazilian army amid President's genocide accusations

01.05.24|Yuval Azulay
Despite the President of Brazil's accusations against Israel, his army has decided to purchase 36 new ATMOS self-propelled guns from the Israeli defense giant
Red Sky

Israel's Elbit strikes $50 million contract for new Red Sky air defense system

30.04.24|CTech
The Red Sky is a Tactical Very Short-range Air Defense (VSHORAD) System designed to provide protection against low-altitude aerial threats. As part of the contract with an unnamed international customer, Elbit will supply two Red Sky batteries, offering a comprehensive solution that integrates both soft-kill and hard-kill defense capabilities
Tomer Landesman

Guardians of innovation: The rise of Israel’s civilian defense-tech

23.04.24|Tomer Landesman
“It's time for the Israeli private high-tech sector to double down on its already existing talent and expertise in the defense sector, and assume a more prominent role in the global private civil defense sector,” writes Tomer Landesman, Investor at Pitango Growth
David's Sling קלע דוד

Rafael orders surge 85% to over $8 billion amid war, global arms race

27.03.24|Yuval Azulay
The backlog of orders for the state-owned defense company reached a record NIS 52.5 billion ($14 billion) last year. Rafael plans to hire about 2,000 new employees in the upcoming year to support a rise in production needs and accelerate development plans for new weapon systems
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