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21:58
Global AI acquires Israeli AI startup Tectu for $13 million
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NetApp sells Spot to Flexera for $100 million, four years after $450 million acquisition
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Israel enhances air defense with new Iron Dome and Iron Beam orders
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eToro files for US IPO, targeting $5 billion valuation
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Lenovo acquires enterprise storage company Infinidat in its first Israeli acquisition
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NetApp sells Spot to Flexera for $100 million, four years after $450 million acquisition
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Qbiq raises $16M Series A for its automated architectural solutions
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Spot.io founder nets $7 million Seed round to tackle cloud chaos with new startup
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Defense
20 stories about Defense
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.
Are Israeli arms exports facing a decline?
23.06.24
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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.
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
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.
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
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
Israel’s Elbit accelerates work on high-power laser weapon systems as order backlog crosses record $20B
28.05.24
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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
Could international backlash threaten future deals for Israel's defense giants?
05.05.24
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Yuval Azulay
The continuation of the war and the undermining of Israel's international status are harming the marketing operations of the defense industries
Israel's Elbit strikes $150-200M deal with Brazilian army amid President's genocide accusations
01.05.24
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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
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
Guardians of innovation: The rise of Israel’s civilian defense-tech
23.04.24
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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
Rafael orders surge 85% to over $8 billion amid war, global arms race
27.03.24
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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
AI-powered monitoring startup Odysight.ai targeting Nasdaq IPO this year
04.03.24
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Yuval Azulay
The Israeli company’s intelligent monitoring systems utilize advanced computer vision and AI capabilities to provide continuous, real-time monitoring of critical, hard-to-access aircraft components
Elbit Systems awarded $600 million contract to supply Australian army with systems for IFVs
26.02.24
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CTech
This project aims to deliver advanced protection, fighting capabilities and a sensor suite to the Redback Infantry Fighting Vehicles (IFV) the Australian army is acquiring from South Korean company Hanwha
Israeli missiles, spy gear and drones in high demand at air show amid war
23.02.24
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Reuters
The Israeli ministry of defense and 11 of its defense contractors attended Asia's largest aerospace and defense gathering in Singapore, including Israel Aerospace Industries (IAI), Rafael and Elbit
Elbit Systems lands $300 million contract to supply armored vehicle systems to European customer
20.02.24
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CTech
The Israeli defense company said it will supply weapon, reconnaissance, driving, and situational awareness systems for approximately 230 armored vehicles
Japan's Itochu severs ties with Elbit amid Gaza war
05.02.24
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Reuters
Itochu Aviation, Elbit Systems and Nippon Aircraft Supply signed a strategic cooperation memorandum of understanding (MoU) in March 2023
Israel investing hundreds of millions to counter Iran's kamikaze drones threat
02.02.24
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Yuval Azulay
The Israeli defense establishment has initiated a large-scale emergency procurement of defense systems to counter the challenge of intercepting massive swarms of unmanned aerial vehicles that could attack Israel should an all-out war break out with Hezbollah
Israel deployed Iron Beam laser system on Gaza front, Rafael chairman reveals
20.01.24
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CTech
Yuval Steinitz confirmed that the system has been deployed for action, but said that it has yet to have been used for interceptions
Israeli ‘all-in-one’ air defense system SPYDER intercepts UAV threats in successful test
14.01.24
|
Yuval Azulay
During the test, SPYDER was challenged by a UAV that simulated an enemy aircraft and successfully intercepted it after detecting and identifying it in advance, tracking its path, and firing a Python 5 missile that hit it accurately
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