Israel Active

US DoorDash and Israel’s Flytrex (see previously) have launched their drone delivery service in Dallas-Fort Worth. Meanwhile, customers in North Texas can download the Flytrex app and order from some three dozen restaurants.

Despite Madrid's public commitment to halt military technology purchases from Israel, the Spanish government authorizes the acquisition of 11,000 tactical radio communication systems from Israel’s Elbit Systems, with an initial funding of 350 million euros. 1,500 units have already been delivered.

The Romanian Ministry of Defense has selected Israel’s Rafael Advanced Defense Systems as the winner of the 1.9 billion EUR tender for its short range air defense systems.

Israel’s  BlueTree Technologies received regulatory clearance to market its sugar-reduction system for fruit juices across the EU without prior approval. The filtration-based technology does not fall under the EU’s “novel food” classification.

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Israel’s has Israel’s for tens of millions of dollars. Apple has Israel’s TrueMeeting (previously named ).

Venture capital fund Red Dot Capital Partners (see previously) has extended its third flagship fund, securing total commitments of $320 million for investing in early-stage Israeli startups. Investors include from countries that do not have diplomatic relations with Israel.

A report by the Industrial Cooperation Authority (ICA) shows Israel's economy generates $6 billion annually in actual procurement from its expanding network of industrial cooperation agreements with global partners and supports 1,100+ local businesses.

Startup Nation Central reports that the 500+ Israeli cybersecurity startups last year raised $3.8 billion - double the funding raised in the sector in 2023. It amounts to 40% of the funds raised by US cybersecurity companies – very commendable.

Online retail giant Amazon.com has fully resumed operations in Israel, lifting a suspension on shipments to addresses in the Jewish state imposed during the 12-day war between Iran and Israel.  It has also resumed its free shipping deal for orders totaling over $49 with qualifying items.