Tech pact with India
Israel and India have signed a landmark Investment Protection Agreement (IPA) aimed at strengthening bilateral trade and promoting long-term cooperation across key sectors. The IPA includes legal protections for investors e.g. in the $10 billion Adani–Tower Semiconductor plant being built in Maharashtra.
Exports reach $150 billion
Israel’s exporters shipped almost $150 billion worth of goods and services in 2024 – a dip of only 1% on the previous year despite falling rockets and reservists called up. Technology services, rose 3% last year and another 10% in the first quarter of 2025,
$9.3 billion raised
Despite the ongoing war, investments in Israeli startups has hit three-year high - $9.3 billion for the first half of 2025. There were 365 funding rounds in the first six months of the year, up 54 percent from the $6 billion secured during the second half of 2024.
El Al to increase US routes
El Al has announced it will be enhancing and adding new routes to the USA this winter. There will be 27 weekly flights to and from New York, six weekly flights to and from Florida, six weekly flights to and from Los Angeles and three flights per week to and from Boston.
Startup investment – to 27th July 25
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Exits, takeovers, and mergers to 27th July 25
AT&T bought a stake in Israel’s .
Israel’s acquired Israel’s for in Feb 2024.
US WeSure is merging with Israel’s .
New Israeli factory to produce eVTOLs
Israel’s Air EV (see previously) has unveiled its new 32,000 sq ft production facility to accelerate eVTOL deliveries. The new 32,000 sq. ft. site can manufacture up to six electric vertical take-off and landing vehicles (eVTOLs) simultaneously.
Drone delivery in North Texas
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.
Spain relies on Israeli tech
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.
Romania buys Israeli defense systems
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.