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Spyware startup Paragon acquired for up to $900M by investment firm AE
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The Wiz of GenAI security? “Lasso has the potential to be a once-in-a-decade company in cyber”
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Promise Bio raises $8.3 million in Seed funding for its precision medicine tool for diseases
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IAI

20 stories about IAI
Quantum computer

Israel launches its first domestically built quantum computer

16.12.24|CTech
Nation joins global race for quantum supremacy with a 20-qubit system. 
Noam DefenseTech Summit Palantir

Palantir EVP: "Modern war cannot be won without software"

11.12.24|James Spiro
Noam Perski was speaking at the inaugural DefenseTech Summit in Tel Aviv. For the first time in Israel, a two-day summit was hosted celebrating all things cyber, digital, and war. It was a sign of things to come.
מערכת מגן אור מערכת לייזר ל יירוט רקטות

Laser-powered defense: How Iron Beam aims to transform Israel’s air defense capabilities

30.10.24|Yuval Azulay
As interceptor missile costs soar, Israel’s laser solution promises economic and operational efficiency.
מערכת הגנה אווירית THAAD של צבא ארה"ב ישראל ב 2019

New THAAD system deployment signals strong US-Israel defense alliance

14.10.24|Yuval Azulay
The move enhances Israel's capabilities to counter potential missile barrages from Iran.
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 
ניסוי טיל חץ 3

Arrow developer IAI sees profit double amid global demand for defense tech

14.08.24|Yuval Azulay
The Israel Aerospace Industries recorded a sharp increase across all reporting parameters and presented a record order backlog of $22.2 billion.
מסירת חץ 3 ל חיל האוויר

Top secret: Israel Aerospace Industries strikes mysterious $2B advanced weapons deal

08.08.24|Yuval Azulay
The IAI announced the deal without providing specific details, not disclosing the country to which the system will be provided or the type of system involved. However, the deal likely involves an air defense system, with the IAI the developer and manufacturer of the Arrow 2 and Arrow 3 air defense systems, as well as the Barak 8 and Barak MX systems. 
שיגור ה לווין אופק 16

Israel Aerospace Industries strikes $1 billion spy satellite deal with Morocco

09.07.24|Yuval Azulay
IAI Chairman Amir Peretz flew to Morocco via a European country in recent days to sign the deal, which had been kept secret until now 
French President Emmanuel Macron; Right: David's slingshot system.

At arm's length: French kick Israel out of arms exhibition - and government is silent

06.06.24|Yuval Azulay
64 Israeli defense firms hoped for government support after being barred from France's Eurosatory arms exhibition, but Israel's leaders have yet to speak out.
מל"ט מזל"ט כטב"מ הרון Heron MK II התעשייה האווירית 2020 תערוכה סינגפור

From Gaza to Washington: Israel Aerospace Industries leverages success for US market growth

29.05.24|Yuval Azulay
The sales volume of Israel Aerospace Industries (IAI) in the USA is currently about one billion dollars a year, and the company aims to double this by 2030. To achieve this goal, IAI is negotiating the purchase of local companies and has opened a new visitor center in Washington
סטאר ליינר מל"ט אלביט

Defense companies are the new high-tech hit

05.05.24|Maayan Manela
Following the outbreak of the war and especially since the Iranian attack, more high-tech employees are showing interest in working in companies that produce weapons and defense systems. "People want to be part of a success story and everything that has happened since October 7 makes people want to work in a significant organization."
בועז לוי מנכ"ל התעשייה האווירית

From Arrow 4 to laser interceptors: Israel's air defense is about to level up

28.04.24|Yuval Azulay
"Without the arrow missiles that shot down the ballistic missiles, the night of the Iranian attack would have ended very badly,” Israel Aerospace Industries CEO Boaz Levy told Calcalist
רדאר מערכת כיפת ברזל ב מפעל אלתא ב אשדוד

Elta lands $110 million deal from Czech Republic for radar support services

19.03.24|Yuval Azulay
The new deal comes on the back of the Czech Republic's $125 million purchase of 8 multi-mission radar systems developed by Elta for the Iron Dome defense batteries in 2019
French President Emmanuel Macron; Right: David's slingshot system.

France clamps down on Israeli arms showcase amid Gaza warfare

18.03.24|Yuval Azulay
Israeli defense companies face bureaucratic hurdles ahead of Paris Eurosatory exhibition
מל"ט מתאבד הארופ התעשייה האווירית

Israel Aerospace Industries registers record results, but braces for global political backlash

14.03.24|Yuval Azulay
The IAI concluded 2023 with a 7% growth in sales to $5.3 billion and a 49% jump in net profit. However, the defense company stated that its status may be affected by the international political attitude towards Israel
Iron Dome כיפת ברזל

Israeli missiles, spy gear and drones in high demand at air show amid war

23.02.24|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
jaron Bird

10 new Israel-U.S. projects receive $9.6 million from BIRD

28.01.24|James Spiro
The latest investment marks a total of $390 million in 1,000 joint projects across its 46-year history.
מערכת נטרול רחפנים של חברת די-פנד הישראלית

Anti-drone systems were sent to war despite previously malfunctioning in US

24.01.24|Tomer Ganon, Meir Orbach, Yuval Azulay
Systems that the Israeli company D-Fend sold to the USA through Elta suffered malfunctions, and 15 of them were returned to D-Fend. During the war, similar systems were loaned to the Ministry of Defense, although the CEO of D-Fend admitted: "There is a real risk that the malfunctions will return and repeat themselves." D-Fend: "The quality of the systems is not in doubt."
מל"ט מתאבד הארופ התעשייה האווירית

Israeli 'kamikaze' drones in high demand amidst Gaza war, as IAI nets $145 million in deals

24.11.23|Yuval Azulay
Israel Aerospace Industries signed two separate agreements with two countries for long range loitering munitions, which are designed to loiter above the battlefield and attack targets by crashing into them and exploding
טיל חץ 3 התעשייה האווירית תע"א

While their stand in Dubai is empty, Israeli weapons makers present their technology on the battlefield

13.11.23|Reuters
The exhibition stands of Israeli weapons makers remained vacant at the Dubai Airshow amid the Israel-Hamas conflict in Gaza. Nevertheless, the Israeli weapons industry continues to showcase its latest technologies on the battlefield, including Arrow 3 and David's Sling
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