Author Archives: MichaelOrdman

Hapoel Jerusalem welcomed in Brooklyn

Barclays Center (see here previously) turned Blue and White as the NBA’s Brooklyn Nets hosted Israel’s Hapoel Jerusalem for a preseason friendly. US-Israeli Gilad Paz sang the Israeli National Anthem, “Hatikva.” https://www.jns.org/fans-at-barclays-center-give-warm-reception-to-hapoel-jerusalem/

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OECD praises wartime growth of Israel’s agriculture

A report by the Organization for Economic Co-operation and Development (OECD) praised Israel for maintaining stability in its agricultural sector despite the prolonged war. It highlighted the lowering of water costs to farmers and the hiring of foreign workers. https://worldisraelnews.com/oecd-praises-israels-agriculture-for-wartime-growth/

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$2 million of headsets for the IDF

In the last 2 months, Israel’s Silynxcom (see here previously) has received four orders from the IDF, totaling $2 million for its innovative headsets. https://s3.amazonaws.com/b2icontent.irpass.cc/2916/rl157824.pdf https://s3.amazonaws.com/b2icontent.irpass.cc/2916/rl158287.pdf https://s3.amazonaws.com/b2icontent.irpass.cc/2916/rl158048.pdf https://s3.amazonaws.com/b2icontent.irpass.cc/2916/rl157731.pdf

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Startup investment – to 9th Nov 25

Armis raised $435 million; Daylight Security raised $33 million; Augmented Intelligence (AUI) raised $20 million; RAAAM Memory Technologies raised $17.5 million; Dualbird raised $17 million; MetalBear raised $12.5 million; Hush Security raised $11 million; Popai Health raised $11 million; Ray … Continue reading

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Exits, takeovers, and mergers to 9th Nov 25

US public safety giant Axon has acquired Israel’s emergency call service startup Carbyne for $625 million; US-based HubSpot has acquired Israel’s XFunnel. Israel’s Steakholder Foods has acquired Israel’s Twine Solutions.

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Luxury hotel opens at Dead Sea

Isrotel’s Kayma hotel is the first new Dead Sea hotel to open in 20 years. It has just 44 rooms and suites and cost NIS 128 million to build. Construction took eight years. https://www.jpost.com/israel-news/article-872343

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Beating the defense competition

Israel’s SPYDER air defense system has become one of the world’s most popular ground-based air defense systems. Its modular design allows it to be tailored to the specific needs of client nations, contributing to its widespread appeal. Worries about Ukraine … Continue reading

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Good news for Intel Israel employees

The 9,300 Israeli employees of Intel Corporation will see their benefits soar, once special Israeli bonuses are absorbed into basic salaries, boosting them by some 10%. It will increase other bonuses, pensions, training funds, compensation etc. as these are dependent … Continue reading

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More support for Israeli food-techs

More about the $9-12 million that U.S. foodtech investment fund Siddhi Capital is investing in Fresh Start, the government-backed foodtech incubator based in Kiryat Shmona (see here previously). Siddhi joins Tnuva, OurCrowd, and Tempo to help push Israeli foodtech into … Continue reading

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Norway cannot divest from Israeli-linked companies

Norway has just realized that if its $2.1 trillion sovereign wealth fund divests from Israeli-linked companies, it will no longer be able to invest in Nvidia, Microsoft, Apple, Amazon, Alphabet, Meta and Broadcom. So it has put on hold its … Continue reading

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