Israel’s Rafael to upgrade German Eurofighters
Germany may not be selling Israel weapons to fight terrorists but it sure is buying them from Israel. It has just approved a Euro 358 million purchase of 90 Litening 5 targeting pods for enhancing its Eurofighter Typhoon fleet from Israel’s Rafael Advanced Defense Systems.
Building Israeli drones in Florida
Israel’s XTEND Reality officially debuted its new U.S. headquarters and production facility in Tampa, Florida. The new facility strengthens America's domestic drone production capacity while bringing high-tech jobs and investment to Florida.
Startup investment – to 31st Aug 25:
raised (TASE IPO);
raised ;
Exits, takeovers, and mergers to 31st Aug 25:
Cybersecurity giant Okta has acquired Israel’s for an estimated ;
Global cryptocurrency exchange Kraken has acquired Israel’s .
Thoma Bravo is acquiring Israeli-founded Verint for .
Financial help for Israeli research – from…. Poland!
The 2025 Polish government Grants Program is open for companies all around the world. But it is specifically keen on bringing in Israeli R&D and is offering grants up to Euro 20 million, covering up to 80% of R&D costs.
Starlink launches Israel Internet services
Elon Musk's low orbit satellite company Starlink has launched services in Israel to the general public directly from its Internet site. The SpaceX division will offer Israelis fast Internet at download speeds between 40 and 200 Mbps and upload speeds between 8 and 25 Mbps.
Top 10 AI fintech
Israel’s ThetaRay (see previously) has been selected by FinTech Magazine as one of the Top 10 FinTechs Leveraging AI. ThetaRay also launched its Self-Service Rule Builder and Simulator, two powerful tools enhancing its transaction monitoring solution.
More El Al flights to the UK
Israel’s El Al is to operate 20 weekly flights to Britain next winter to meet heightened demand - its most ever on the route. The airline will offer 15 flights a week to London’s Heathrow Airport - Europe’s busiest airport - as well as five weekly flights to Luton Airport, starting in late October.
Biblical site for new airport
Initial planning for an international airport at Ziklag in the Negev should be ready within three months. A decision will then be made in comparison with the alternate site at Ramat David in the Jezreel Valley. By 2040 Ben Gurion Airport will reach its 40 million maximum capacity.
A bigger BIRD
A new bipartisan US House bill seeks to expand joint US-Israeli R&D (BIRD) programs in the medical field by establishing a $10 million annual funding stream and joint management structure between the US Department of Health and Human Services and the Israeli Ministry of Health.