Going beyond
The U.S. Federal Aviation Administration (FAA) has approved Israel’s Flytrex (see previously) for Beyond Visual Line of Sight (BVLOS) operations (see previously). Flytrex can now expand drone delivery to the USA’s 37 largest metro areas, with some 100 million+ residents.
Another lottery millionaire
Following last week’s consecutive multi-million shekel wins by two Israeli women, a father of four from southern Israel in his fifties won the Israeli National Lottery first prize of 10 million shekels in a drawing at the end of August. He had just completed 300 days of IDF reserve duty.
Startup investment – to 7th Sep 25
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Exits, takeovers, and mergers to 7th Sep 25
Israel’s is to acquire New York's Synthetic Darwin, an AI research and development studio pioneering the next generation of self-evolving, autonomous AI agents – the DarwinsLab.
Israeli-founded (US-based) acquired California’s SlashNext for .
Israel’s Cato has acquired Israel’s for .
Taking vegan salmon to the Next Level
The new All American Vegan menu offered by Next Level’s Veggie Grill features Oshi’s Pan Seared vegetarian salmon (see previously). It is Oshi’s first rollout at a national chain.
Support for US Army
Israel’s Gilat Satellite Networks’s subsidiary Gilat DataPath has been awarded a $7 million+ contract to deliver global field and support services to the U.S. Army Program Executive Office for Command, Control and Communications Networks. The program could extend to five years and $70 million.
Successful Olim
Some examples of thriving Jerusalem food businesses started by new Israeli immigrants include Infused JLM, Power CoffeeWorks, and Crave (Kosher gourmet street food). But you need to bring fresh ideas, culinary creativity, and cultural richness.
Deep into the infrared
Israel’s SCD Semiconductor (see previously), manufacturer of infrared sensors and detectors, has signed a multi-year strategic (“Blue & White”) contract with the Israel Defense Ministry. The NIS 380 million program will enable Israel to build next-generation sensors across the full infrared spectrum.
Building for hundreds of new students
Five nine-story buildings are being built in Israel’s Kfar Saba that will provide 369 apartments for students. The NIS 730 million Joy Living dormitory complex will have a dedicated room on each floor for communal use, such as shared workspaces, a yoga room, daycare, and more.
Doubling the size of Yokneam
Israel is investing some NIS 1.8 billion to build 6,000 new housing units and upgrade infrastructure in the Northern city of Yokneam. It will enable the population of Yokneam (home of many hi-tech companies) to double from about 25,000 to 50,000 residents.