Ben Gurion airport’s low-cost Terminal 1 reopened on Jun 3rd for international flights. A few hours later, Ryanair’s first flight in Israel since February landed. It will operate routes between Tel Aviv and Berlin, Paphos, Budapest, Bari, Milan, Malta and … Continue reading →

Israel’s Odysight.ai has received a purchase order from France-based Safran Aircraft Engines. Odysight.ai will supply its cutting-edge micro cameras to support Safran’s experimentation, planning and development of jet engines for the aviation industry. https://www.odysight.ai/press/odysight-ai-receives-purchase-order-from-france-based-safran-aircraft-engines/

Gauzy raised $75 million (IPO);

Germany’s SAP is acquiring Israel’s WalkMe for $1.5 billion; US-based Tenable is acquiring Israel’s Eureka Security for “tens of millions of dollars”. Israel’s Valens Semiconductor has acquired Colorado’s Acroname.

Israel has cancelled customs duties on pineapple imports from Costa Rica, leading to plummeting prices.  Israelis have taken full advantage, almost doubling their normal consumption. The fruit already had increased its popularity, rising from 1.1 million sold in 2021 to … Continue reading →

Another (undisclosed) international company has recognized Israel’s dominance in the defense technology industry with a two-year, $260 million purchase order for systems from Israel’s Elbit. In 2023, Elbit earned revenues of approximately $6 billion and now has an order backlog … Continue reading →