Elbit Systems of America has received a $139 million order for more Enhanced Night Vision Goggle-Binocular (ENVG-B) systems to the US Army (see here previously). The Augmented Reality systems also provide holistic situational awareness in all weather and visibility conditions. … Continue reading →

UVeye raised $191 million; DarioHealth placed $25.6 million of shares; Token Security raised $20 million;

Israel’s TopGum acquired Canada’s Island Abbey Nutritionals. Israel’s Zencity acquired UK’s Commonplace for some millions of dollars. Israel’s Hub Cyber Security has acquired Israel’s BlackSwan Technologies. US Tenable acquired Israel’s Vulcan Cyber for $150-180 million.

Israel Chemicals Limited (ICL) has partnered with Hong Kong’s Shenzhen Dynanonic to produce lithium iron phosphate (LFP) cathode active material in Europe. ICL says that LFP is a critical solution for the future of Europe’s energy transition. ICL will build … Continue reading →

India has bought over 70 ship-mounted MRSAM (medium-range surface-to-air missile) systems from Bharat Dynamics, Israel Aerospace Industries’ (IAI) partner in developing the Indian version of the Barak 8 air defense system. The contract is worth around $340 million. https://en.globes.co.il/en/article-iai-wins-340m-air-defense-contract-with-indian-navy-1001500405

The BIRD Foundation is providing another $6 million of funding for five new joint US-Israeli projects. Israel companies involved are:- Medasense (anesthesia monitoring), Qedma (Quantum errors), RespirAI Medical (chronic monitoring), SpotItEarly (cancer odor), and TriEye (sensors). https://www.calcalistech.com/ctechnews/article/syfylqjd1l https://www.qedma.com/

In the last 3 weeks, 14 leading airlines have announced resumption of Israel flights. They include Wizz Air, Ryanair, easyJet, Lufthansa Group (including Swiss & Austrian), British Airways, Air France, Delta Airlines, and Air India. https://en.globes.co.il/en/article-foreign-airlines-flocking-back-to-israel-following-ceasefire-1001500507

Israel’s Consumer Price Index (CPI) fell by 0.3% in Dec 24 (more than analysts expected), after its 0.4% fall in Nov.  At the end of 2024, Israel’s annual inflation rate was 3.2% (down from 3.4% at the end of Nov … Continue reading →