Israel Active

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 reduction.

In a striking show of support during wartime, Jensen Huang, CEO of Nvidia (see 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 Israel. We are 100% behind the families there.”

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 and pipeline to the Nile Delta region.

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 ecosystem.

Israel’s Stratasys (see 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.

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, plus 47 Boeing 737 and 777 planes.

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 site. Mega DC has six data centers under construction, plus one operational.

US-based Credo Tech is buying Israel’s DustPhotonics, for up to $1.3 billion. DustPhotonics (see 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 million in cash and 920,000 of its shares.

raised ; EagleNXT has invested $10 million in Israel’s .

US-based Credo is acquiring Israel’s for up to ; Multinational firm Molex has acquired Israel’s for $430 million. Israeli public company acquired Israel’s for .