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Headlines
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El Al posts record $1.27 billion revenue, but quarterly profit falls 14%
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CTech's VC Survey is underway: What do top VCs say about AI, investment models and the future of exits?
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Intel CEO Lip-Bu Tan buys the dip, investing $9.7 million despite losses on earlier purchase
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Israel’s security leaders aren’t afraid of rogue AI. They’re afraid of permissions.
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Google expands buyouts while Wiz acquisition helps lift headcount to record levels
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Nice to lay off 500 employees as it struggles to navigate the AI transition
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Amdocs shares plunge 44% as T-Mobile dispute threatens revenue
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Anthropic’s employee bill hit $1.7 billion in one quarter, or $107,000 per worker each month
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Israeli startup Explorium shuts down after raising more than $127 million
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Defense
20 stories about Defense
U.S. Air Force Research Lab to Collaborate with Israel’s Ben Gurion University on Aviation Algorithms
03.06.18
|
Tofi Stoler
The three-year project will focus on developing algorithms that monitor the health of aviation engines
Israeli Dronemaker Aeronautics Completes Acquisition of U.S. company Chassis Plans
03.06.18
|
Hezi Sternlicht
Aeronautics first announced the deal in September, but the acquisition was jeopardized when the dronemaker came under police investigation in Israel
Honeywell Enters Partnership With Israeli Defense Contractor IAI
29.05.18
|
Yoav Stoller
The two companies agreed to collaborate on the development of a turnkey GPS anti-jam navigation system
Israeli Rescue UAV Completes First Live Demo
29.05.18
|
Nitsan Sadan
Aeronautics Tactical Robotics developed an unmanned aerial vehicle that can evacuate casualties from hostile or obstructed terrain
Potential NSO Deal Will See Francisco Partners Take a Big Bite Out of Verint
29.05.18
|
Sophie Shulman and Golan Hazani
Despite registering a billion dollars in annual sales in the last three years, Verint comes to the merger as the weaker side
Finalists Announced for U.S.-Israeli Anti-Terrorism Startup Contest
28.05.18
|
Lilach Baumer
One of the finalists, Colugo Systems, develops a vertical takeoff and landing drone that can fly for two and a half hours
Electrical Equipment Company Coolisys Technologies Completes Israeli Acquisition
24.05.18
|
Meir Orbach
Israel-based Enertec Systems develops and manufactures specialized electronic systems for military applications
Still Under Probe in Israel, Dronemaker Struggles to Make Deal Deadline
23.05.18
|
Amarelle Wenkert
Israeli dronemaker Aeronautics announced a deal to buy U.S. company Chassis Plans in September, but the deal was jeopardized when Aeronautics came under police investigation
Israeli Defense Contractor Rafael Sells Iron Dome to Romania
17.05.18
|
Yoav Stoler
As part of the deal, Rafael will provide Romania with technical knowledge and licenses to manufacture air defense and weapons systems
Regional Violence Highlights a Middle Eastern Arms Race
14.05.18
|
Amir Rapaport, IsraelDefense
President Trump's withdrawal from the Iran Deal unveiled a small portion of an arms race that has been underway in the last few months throughout the Middle East
Google Employees Are Wrong: Drones Are Not Evil
11.05.18
|
Adam Kaplan
Well-regulated, drones can also do a tremendous amount of good and save countless lives. Google employees should clear the way to let them do so, writes entrepreneur Adam Kaplan
Armored Car Maker Plasan Unveils Ultralight Armored Vehicle
06.05.18
|
Eyal Boguslavsky, Israel Defense
Plasan says the Yagu vehicle features a level of protection unprecedented for a such lightweight vehicle
Bolstered by Indian Deals, Israeli Arms Export Up 40% in 2017
03.05.18
|
Omri Milman and Lilach Baumer
Israel has a major advantage among global arms exporters as it can often market its arms as "battle-tested"
Israel’s Defense Industries Are Its Greatest Technological Engine, Says IAI Chairman
01.05.18
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Amitay Gazit
Government-owned IAI is Israel’s largest aerospace and defense company, developing systems for air, space, sea, land, cyber, and homeland security
Israeli Defense Contractors Join Startup Innovation Program
30.04.18
|
Lilach Baumer
Rafael and ELTA have joined an innovation program aiming to connect established companies and national security agencies with Israeli startups developing defense technologies
Government-Owned Israeli Aerospace Company IAI Opens Berlin Office
30.04.18
|
Amitay Gazit
As defense budgets in European countries increase, IAI deepens its focus on the market, an executive at the company said
Probed Israeli Drone Maker Aeronautics Trades One Israeli General for Another
22.04.18
|
Micky Grunfeld
Former Israeli Air-Force Commander Eitan Ben Eliyahu steps down as chairman of Aeronautics, is replaced by former Israeli Navy commander Yedidya Ya'ari
Israeli Defense Contractor Elbit Opens Berlin Office
16.04.18
|
CTech
Elbit said its Berlin office will serve the company as it expands activity in Germany
Adani Group, Elbit to Set Up Hyderabad Drone Plant
15.04.18
|
Tofi Stoler
As part of the joint venture, Adani and Elbit will develop, maintain and upgrade Elbit’s unmanned air vehicle systems Hermes 900 and Hermes 450
Security Contractor Magal Appoints New CEO
12.04.18
|
Amarelle Wenkert
Dror Sharon is set to replace Saar Koursh, who was appointed CEO in 2015
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