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24/7
Headlines
21:58
Global AI acquires Israeli AI startup Tectu for $13 million
21:13
NetApp sells Spot to Flexera for $100 million, four years after $450 million acquisition
18:19
Israel enhances air defense with new Iron Dome and Iron Beam orders
17:20
eToro files for US IPO, targeting $5 billion valuation
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1
Lenovo acquires enterprise storage company Infinidat in its first Israeli acquisition
2
NetApp sells Spot to Flexera for $100 million, four years after $450 million acquisition
3
eToro files for US IPO, targeting $5 billion valuation
4
Spot.io founder nets $7 million Seed round to tackle cloud chaos with new startup
5
Qbiq raises $16M Series A for its automated architectural solutions
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Defense
20 stories about Defense
AccuBeat’s clocks are powering a mission to Jupiter’s icy moons
19.06.22
|
Yafit Ovadia
The company’s Ultra Stable Oscillator will be active in deep space for 15 years, while its atomic clocks are used for a variety of military applications - from intelligence gathering to missile detection. “Our miniature clocks are the best in their class,” says co-founder and CEO
Israeli defense exports reach record high of $11.3 billion in 2021
12.04.22
|
Udi Etsion
After a 33% leap in Israeli arms sales over the past year, the Ministry of Defense is expecting an additional rise once Europe takes up arms due to the Russian invasion of Ukraine
RADA’s tactical radars are keeping forces safe from aerial threats
08.04.22
|
Yafit Ovadia
The defense company’s active-detection radar can discern UAVs, mortars, and other small threats. “Soon NATO forces will need our solution too,” says CEO Dubi Sella
The Israeli company developing the eyes behind suicide drones
06.04.22
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Yafit Ovadia
NextVision Stabilized Systems’ cameras enable drones to monitor areas like never before, and hone in and attack targets, when needed
SixAI to invest $40 million to help commercialize IAI’s military technology
27.10.21
|
Udi Etsion
As part of the agreement, Israel Aerospace Industries will make its in-house technologies available to SixAI as well as its laboratory services and experimental facilities. Poliakine: "Image processing that enables a missile to detect a target can also greatly upgrade CT scan capabilities"
IAI unveils new mini satellite, cloud capabilities at Dubai Expo
26.10.21
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Yafit Ovadia
The aerospace company unveiled its new mini communication satellite, and launched a cloud-based ground station for satellite-generated data
U.S. withdrawal from Afghanistan to end 20 years of Israeli weapon deals
22.08.21
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Udi Etsion
Although the Israeli military had no part in the war in Afghanistan, its defense industries sold weapons such as drones, armor for APCs and anti-tank missiles to the United States and other ally forces, totaling over a billion dollars
Israeli airborne laser system successfully completes first-ever interception tests
21.06.21
|
Udi Etsion
The High-Power Laser system was installed on an aircraft and successfully intercepted and destroyed UAVs
Elbit awarded $16 million project to supply night vision goggles to UK Armed Forces
08.06.21
|
CTech
The new deal comes on the back of $166 million contract from the UK Ministry of Defence for the Royal Navy Future Naval Training Program
Rafael investing NIS 250 million to court employees
24.05.21
|
Udi Etsion
The company raised NIS 805 million from institutional investors in April and plans to use more than 25% of it to upgrade working conditions and recruit additional tech employees
Israel's defense industries owed NIS 1 billion by country
30.03.21
|
Udi Etsion
The absence of a budget and the delay in the approval of the IDF's multi-year plan are preventing the transfer of funds from the Ministry of Defense to Israel Aerospace Industries, Elbit and Rafael
Elbit’s fantastic Covid-19 year: $4.7 billion in revenues, $11 billion in new orders
24.03.21
|
Udi Etsion
The company’s 2020 net income rose by 4.3% to $238 million. “I’m hoping for political stability in Israel which will enable us to receive approval for our multi-year defense contract with the military, and the Ministry of Defense to pay off its debts,” says CEO Betsalel Machlis
Are Israel's new $100 million helicopters allergic to dust?
04.03.21
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Udi Etsion
The Ministry of Defense is planning to acquire 20 CH-53K King Stallion heavy-lift helicopters at a cost of $2.1 billion but a recent report has revealed that they suffer from degrading engine performance in sandy and dusty conditions
In Myanmar coup, old Israeli weapons exports are still in the picture
04.03.21
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Omer Kabir
Israel halted its defense export to Myanmar in 2018, but sales made in previous years are now coming back to haunt it
Signs of Peace? Israeli companies to openly take part in Abu Dhabi weapons exhibition
27.01.21
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Udi Etsion
As part of the agreement, companies from the Gulf's defense sector will also take part in Israeli exhibition in June
IAI successfully tests air and missile defense system tailored for India
05.01.21
|
CTech
MRSAM is an advanced path-breaking air and missile defense system that provides protection against a variety of aerial platforms
Elbit to upgrade Greek air force training aircraft in $1.68 billion deal
05.01.21
|
Udi Etsion
The Israeli company, under contract by the Ministry of Defense, will provide Greece with 10 M-346 Italian aircraft, upgrade existing aircraft, and build and operate a simulator center
Rafael showcases drones with AI-driven computer vision to aid urban warfare
27.12.20
|
Uti Etsion
The drones and robots will be able to scan and map buildings and mark people on the premises, identifying whether they are armed and help differentiate between innocent civilians and militants
Israel Aerospace Industries privatization set to go ahead in first half of 2021
19.11.20
|
Golan Hazani and Udi Etsion
The shares of the publicly-owned company are expected to be issued at a planned valuation of NIS 12 billion
Boaz Levy wins contested race to become the next CEO of the Israel Aeronautics Industries
16.11.20
|
Golan Hazani
The head of the IAI's missiles and space division was named to the top job after 30 years at the company
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