Author Archives: MichaelOrdman

Exits, takeovers, and mergers to 31st Aug 25:

Cybersecurity giant Okta has acquired Israel’s Axiom Security for an estimated $100 million; Global cryptocurrency exchange Kraken has acquired Israel’s Capitalise.ai. Thoma Bravo is acquiring Israeli-founded Verint for $2 billion.

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Financial help for Israeli research – from…. Poland!

The 2025 Polish government Grants Program is open for companies all around the world. But it is specifically keen on bringing in Israeli R&D and is offering grants up to Euro 20 million, covering up to 80% of R&D costs. … Continue reading

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Starlink launches Israel Internet services

Elon Musk’s low orbit satellite company Starlink has launched services in Israel to the general public directly from its Internet site. The SpaceX division will offer Israelis fast Internet at download speeds between 40 and 200 Mbps and upload speeds … Continue reading

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Top 10 AI fintech

Israel’s ThetaRay (see here previously) has been selected by FinTech Magazine as one of the Top 10 FinTechs Leveraging AI. ThetaRay also launched its Self-Service Rule Builder and Simulator, two powerful tools enhancing its transaction monitoring solution. https://fintechmagazine.com/news/top-10-fintechs-leveraging-ai https://www.ourcrowd.com/startup-news/thetaray-launches-self-service-rule-builder-and-simulator-giving-compliance-teams-direct-control-and-faster-rule-deployment

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More El Al flights to the UK

Israel’s El Al is to operate 20 weekly flights to Britain next winter to meet heightened demand – its most ever on the route. The airline will offer 15 flights a week to London’s Heathrow Airport – Europe’s busiest airport … Continue reading

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Biblical site for new airport

Initial planning for an international airport at Ziklag in the Negev should be ready within three months. A decision will then be made in comparison with the alternate site at Ramat David in the Jezreel Valley. By 2040 Ben Gurion … Continue reading

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A bigger BIRD

A new bipartisan US House bill seeks to expand joint US-Israeli R&D (BIRD) programs in the medical field by establishing a $10 million annual funding stream and joint management structure between the US Department of Health and Human Services and … Continue reading

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Israeli hi-tech partnership for better health

Israel’s VR/AR immersive therapeutic care platform XRHealth (see here previously) has partnered with Israel’s AI-driven virtual physiotherapist Kemtai (see here previously) to to create a fully interactive, clinically validated digital therapy experience.. https://www.ourcrowd.com/startup-news/xrhealth-and-kemtai-announce-strategic-partnership-to-advance-physical-therapy-through-xr-and-ai-powered-computer-vision

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A global AI-giga computer

A technological breakthrough by Nvidia’s Israeli R&D center will allow data centers in geographically distant locations to operate as if they were in one place. It effectively creates “AI factories” on a massive scale and significantly increases the maximum available … Continue reading

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You can have Sophie Now

Well actually you’ll have to wait until Sophie AI (from Israel’s TechSee – see here previously) has been integrated into the “Now” platform from US-giant ServiceNow. Then service teams will get real-time visual diagnostics, guided automation, and AI-powered visual assistance. … Continue reading

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