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24/7
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Joonko founder Ilite Raz pleads guilty to a massive $27 million fraud
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When product enthusiasm masquerades as market demand
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The biggest blind spot in autonomous driving is the car itself
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“We want to turn high performance into high reliability”: The engineer behind China’s fastest humanoid robot
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She sold her startup to Salesforce. Then she had four kids and started another one.
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Meta loses its $1.5 billion AI recruit less than a year after hiring him
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Secretive defense startup Covenant emerges from stealth with $250 million at over $1 billion valuation
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The iPhone Duo is Apple’s answer to foldables. But what is the question?
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“We proved there are no sacred cows in technology”: Island founder says the company can be worth tens of billions
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Drones
20 stories about Drones
Israel tests cutting-edge drone interception systems to counter evolving threats
15.10.24
|
CTech
Eight Israeli companies showcased new technologies in a first-of-its-kind trial, aiming to swiftly deploy solutions against the rising drone menace.
Anti-drone tech developer Skylock merges with Technoplast Ventures at $19 million valuation
29.09.24
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Golan Hazani
Avnon Group locks in 70% stake in the merged company, which is projecting $15 million in revenue in 2024 and a profit on the bottom line.
“People are very suspicious of Israel. But we have to show the world that our drones are still ahead of the curve.”
08.07.24
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James Spiro
As the private sector expands civilian use of drones, history shows Israel’s past prominence in their development but scrutiny in their present. “No doubt that we were the pioneers” in the military drone industry, noted former Israeli Air Force Commander Eitan Ben Eliyahu
Rafael integrating high power microwave and laser systems to battle drone swarms
27.06.24
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Tomer Hadar
Dr. Judith Hocherman-Frommer discussed Rafael's next-gen defense technologies at the Growth Conference
XTEND lands $40 million Series B for robot and drone operating system
08.05.24
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Meir Orbach
The Israeli startup’s XOS operating system aims to provide robots and drones with AI capabilities and help them partner with humans
After surging 900% to reach $1B market cap, Israeli drone camera company sets sights on accelerated growth
12.03.24
|
Amir Kurtz
"Our efficiency allows us not to increase product prices and still maintain high profitability," says Chen Golan, chairman of NextVision, which manufactures cameras for aircraft. NextVision doubled its revenue to $52 million last year, with net profit jumping 250%. The company is expecting 70% growth in 2024.
NextVision revenue surges amid rising demand for drone cameras
11.03.24
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Miki Greenfeld
The war sharply increased the demand for NextVision's cameras, in addition to a jump in sales in Europe and the US following the war in Ukraine; the company ended 2023 with a 150% jump in net profit to $27.5 million; NextVision's stock jumped by 302% last year.
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
Israeli 'kamikaze' drones in high demand amidst Gaza war, as IAI nets $145 million in deals
24.11.23
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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
Drone cameras netted NextVision founders $195 million profit
14.11.23
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Amir Perger
Following a boost resulting from the security situation in Israel, NextVision, a manufacturer of photographic solutions for UAVs and drones, has already exceeded the $44 million annual sales goal it set for itself till the end of 2023. The net profit in the third quarter jumped by 130% compared to the corresponding quarter. The company's value has jumped four times since the IPO in Tel Aviv, in June 2021
Israel Aerospace Industries lands $1 billion in drone deals
20.09.22
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Udi Etsion
With the war in the Ukraine demonstrating the importance of drones, IAI has closed two new mega deals: $600 million with an unnamed foreign country and $400 million with the Israeli Ministry of Defense
Wonder Robotics raises $4 million Seed round for autonomous drone solution
11.07.22
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CTech
The Israeli startup’s smart safety layer includes vertical awareness and robust precision landing, allowing drones to stay safe while beyond the visual line of sight of an operator or mission manager
Welcome to the Age of the Drone
22.06.22
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Sponsored Content
By Blake Simmons
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
vHive raises $25 million Series B for Digital Twin software solution
05.04.22
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Meir Orbach
The Israeli startup's software platform enables organizations to autonomously capture data using drones to create Digital Twins of their assets, such as cell towers, cranes, and structures
“I want to show that drone delivery is in the near future.”
09.01.22
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CTech
Yariv Bash, CEO of Flytrex, says commercial drone delivery operations will be expanding quickly in the next two years
XTEND raises $20 million Series A for drone operating system
18.11.21
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CTech
The Israeli startup's human-guided, AR and AI-powered drone system enables operators to safely perform extreme missions and is already deployed by the US DoD and the IDF
Wonder Robotics' mission to be the Mobileye for drone landings
15.10.21
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James Spiro
While drones can fly without human intervention, the company hopes to be the eyes for devices looking to land in any condition
Percepto recognized by Frost & Sullivan for leading autonomous drone-in-a-box market
19.08.21
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CTech
"Percepto boasts the highest number of DIB deployments, most mature product line, and the most extensive customer base in the market,” noted Elizabeth Whynott, Best Practices Research Analyst for Frost & Sullivan
Airobotics IPO flops, cutbacks imminent
17.08.21
|
Golan Hazani
Calcalist has learned that the Israeli UAV company didn't manage to raise the $12 million it had planned at a $50 million valuation, with the demand not even reaching the minimum threshold
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