Israel Active

A recent $14 million upgrade to Ben Gurion International airport includes advanced security screening, baggage processing and check-in facilities within Terminal 3. Some 1.9 million passengers are anticipated during August. Meanwhile, Terminal 1 re-opens for International destinations.

Israel has approved an additional NIS 3.2 billion to rebuild communities devastated by Hamas on 7 Oct 2023.  It includes NIS 1.4 billion for Ashkelon and NIS 1.8 billion for six regional councils. It will boost education, infrastructure, resilience, culture, sports, economy, security, agritech, energy, and more.

US-based Palo Alto Networks is to acquire Israeli cybersecurity CyberArk Software in a deal valued at around $25 billion – the highest in Israeli history apart from Google’s $32 billion purchase of Israel’s Wiz. Palo Alto was founded by Israel’s Nir Zuk and is its largest ever deal.

Israel’s Elbit Systems has received a $260 million, six-year contract from the German government to install Directional Infrared Counter Measures (DIRCM) self-protection systems on Germany’s Airbus A400M aircraft fleet. The systems automatically counter mobile anti-aircraft weapons.

raised ; raised ; raised ; raised ; raised another ; raised ;

Israel’s has Germany’s Cognigy for $955 million; Israel’s is Israel’s for a minimum of $180 million. India’s Amber Group has in Israel’s .

Boxing legend Floyd Mayweather opened trading at the Tel Aviv Stock Exchange (TASE) on Monday morning, joining IDF soldiers and Israeli leaders in a ceremony that highlighted international solidarity with the Jewish State.

Airbus has received approval for cockpit modifications on the A320 family of aircraft to enable the use of Israel’s pilot-controlled hybrid-electric TaxiBot (see previously). Taxibot pulls planes between the terminal and take-off area, saving vast amounts of aviation fuel.

Israeli venture capital firm Cyberstarts (see previously) has created a $300 million fund to help startups retain top talent. It allows startup employees to sell some of their shares, so they can cash in on initial high valuations while staying focused on working to generate even greater future profits.

Israeli venture capital fund New Era Capital (see previously) has completed a $120 million fundraise. This is the firm’s third fund, following its $140 million fund raised in 2020, which is now nearly fully invested.