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New startup Jeen.ai aims to simplify AI adoption with customizable GenAI solutions
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Mitsubishi Motors chooses Israel’s C2A Security for its cybersecurity management solution
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Intel races against time to complete layoffs amid financial losses
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Full list of Israeli high-tech funding rounds in 2024
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Defense
20 stories about Defense
Israel secures $6 billion F-15 deal as Air Force modernization continues
03.09.24
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Yuval Sade
Finance Committee approves crucial funding for advanced fighter jets, completing a $9 billion defense upgrade that also included $3 billion towards an F-35 squadron.
Israel’s hidden treasure: unclaimed defense dividends amidst economic crisis
21.08.24
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Yuval Azulay
Why billions in profits from Rafael and IAI are lying idle while the nation faces financial turmoil.
Israel’s arms industry profits soar as wars fuel billion-dollar contracts
18.08.24
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Yuval Azulay
With conflicts intensifying, Israeli defense companies see record orders, boosting the country’s military-industrial complex.
Israel’s Air Force takes a quantum leap with $20 billion US arms deal
16.08.24
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Yuval Azulay
New F-15AI fighter jets to enhance operational readiness against Iran and regional threats.
More acquisitions in Israel... and double profits in the defense tech sector?
16.08.24
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CTech
Also in our AI-native show: Healthcare fintech PayZen raises $32 million
The biggest global VCs are secretly battling over Israeli defense-tech startups
15.08.24
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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.
Elbit secures $130M contract for Iron Fist defense systems
08.08.24
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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.
Soldiers are getting an XR boost for training on the battleground
05.08.24
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James Spiro
Combatica’s next-gen XR training tool offers the best glimpse yet at how virtual reality will change our lives
Israel purchasing another $340 million-worth of ammunition from Elbit
04.08.24
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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.
Mapping Israel's defense tech landscape
25.07.24
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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.
“The U.S. government is the largest tech investor in the world. More than all venture capital combined.”
18.07.24
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James Spiro
Veritas Capital’s Brendan Dillon made the remarks when discussing the intersection of government and technology at the Israel Private Markets Summit.
Naftali Bennett: "We have an amazing nation, but institutional Israel needs to restart itself"
17.07.24
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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
Hezbollah's suicide drones zero in on Israel's weapons industry
24.06.24
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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
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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
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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
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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
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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
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