A cheap room in Tel Aviv.
The "Social Space" association offers IDF soldiers, reservists, lone soldiers, Zionist groups etc., rental accommodation in Tel Aviv at prices as low as $15/night. Social Space renovates abandoned buildings, and operates them for social purposes until they are turned into new purposes.
Israeli drone detection system for NATO.
Israel’s ThirdEye Systems (see previously) has secured a new $800,000 order from two NATO-affiliated customers for its cutting-edge drone detection systems. It is ThirdEye’s 2nd major NATO-related contract in 2025, after a $620,000 order earlier this year.
New Tel Aviv tower fills up.
The new 41-story Landmark TLV Tower A in central Tel Aviv, opened for occupancy in 2024, has reached full capacity. Meta occupies 13 floors. About 40% of the tower’s tenants are cybersecurity companies. Construction of Tower B is scheduled to finish in 2026.
Two Israeli VC companies in TIME list.
Israel’s Group 11 and NFX were selected from over 10,000 firms reviewed by TIME and Statista for 2025 ranking of 350 venture capital leaders.
Israelis in New York.
New York is now home to about 560 privately-held startups founded by Israelis, according to a new report compiled by venture capital fund 97212 Ventures. New York is a global hub for Israeli-founded startups and businesses as they seek to grow beyond Israel’s small domestic market.
Investment agreement with India.
Israel and India deepened economic ties with the signing of a new bilateral investment agreement (BIA) in New Delhi. It is the first agreement of its kind between India and a Western-oriented member of the Organization for Economic Co-operation and Development (OECD).
Transforming the Arava
KKL-JNF has approved a historic plan to expand its development efforts from the Arava to the Golan Heights, with a focus on the Jordan Valley. NIS 18 million will be invested each year over the next five years for residential development, agricultural training and essential infrastructure.
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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