Boston Scientific has acquired Israel’s SoniVie for up to $540 million. California’s Armis (Israeli founded) has acquired Israel’s Otorio for an estimated $120 million. US-based Dynatrace has acquired Israel’s Metis Data for tens of millions of dollars.

Israel’s Smart Shooter (see here previously) from Kibbutz Yagur has sold hundreds of its Smash AI smart fire control systems to the German army. https://en.globes.co.il/en/article-germany-buys-kibbutz-yagurs-smartshooter-ai-sights-1001502672

Israeli airline Arkia announced that it is extending its recently launched flights to New York through at least October due to high demand. Its three weekly flights have a set price of $1,200 round trip in economy. https://www.jns.org/arkia-extends-new-york-flights-through-october/

Peregrine Ventures (see here previously) which specializes in life-changing medical technology investments in Israel and around the world, is the most active investor in Israel in the health technology sector over the past year. It made 15 healthcare investments in … Continue reading →

Bank Leumi’s 2024 profits rose 40% to NIS 9.8 billion. Bank Hapoalim’s +3.7% to NIS 7.6 billion. Bank Mizrahi Tefahot’s +11% to NIS 5.5 billion with a NIS 2.2 billion dividend. The Bank of Israel has told the banks to … Continue reading →

Israel’s fiscal deficit has fallen sharply from 6.9% of GDP in the twelve months to the end of Dec 2024 to 5.8%, or NIS 115 billion, in the twelve months to the end of Jan 2025. It follows an all-time … Continue reading →