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Monthly Archives: April 2026
Fiscal deficit narrowed sharply in March
Despite the war, Israel’s fiscal deficit narrowed to 4.2% of GDP in the 12 months to the end of March 2026, down from 4.7% at the end of Feb 2026. Revenues from the Google-Wiz deal was primarily responsible for the … Continue reading
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Nvidia CEO is 100% with Israel
In a striking show of support during wartime, Jensen Huang, CEO of Nvidia (see here previously) has made it clear that the global tech giant is not backing away from Israel, in fact, it’s doubling down. “We are 100% in … Continue reading
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More gas sales to Egypt
Israel’s NewMed Energy has signed a memorandum of understanding (MOU) to sell 100 billion cubic meters (BCM) of natural gas to Egypt from the Cypriot offshore Aphrodite gas field. The gas will be exported to Egypt via a floating platform … Continue reading
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Iron support for Israel
The US state of Indiana has launched Iron Nation-Indiana, aimed at deepening economic ties with Israel and attracting high-growth technology firms to the state. The initiative has raised some $45 million so far, and connects Israeli entrepreneurs with Indiana’s business … Continue reading
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Printing parts for the US military
Israel’s Stratasys (see here previously) has been selected to join the US Department of Defense’s Joint Additive Manufacturing Acceptability (JAMA) IV Pilot Parts Program. The major Pentagon initiative aims to accelerate the use of 3D‑printed components across military platforms. https://www.jpost.com/defense-and-tech/article-891750
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El Al buys six more Dreamliners
El Al is expanding its fleet with a further order for Boeing Dreamliners. The airline is exercising options to buy six Boeing 787-9 aircraft, and retains an option on six more of the planes. El Al currently has seventeen Dreamliners, … Continue reading
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$1 billion for data center site
Israel’s Mega Or has bought the site of the former Alliance Tire Company factory in Hadera for NIS 1 billion cash. According to market sources, Mega Or plans to construct one of the largest data centers in Israel on the … Continue reading
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An exit at the speed of light
US-based Credo Tech is buying Israel’s DustPhotonics, for up to $1.3 billion. DustPhotonics (see here previously) develops silicon photonics technology enabling data transfer at the speed of light for AI apps and big data. Credo has agreed to pay $750 … Continue reading
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Israeli startup investments to 19/4/26
Artemis Security raised $70 million; EagleNXT has invested $10 million in Israel’s ThirdEye Systems.
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Exits, takeovers & mergers to 19/4/26:.
US-based Credo is acquiring Israel’s DustPhotonics for up to $1.3 billion; Multinational firm Molex has acquired Israel’s Teramount for $430 million. Israeli public company eToro acquired Israel’s Zengo for $70 million.
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