Israel Active

IBM’s Red Hat has acquired Israeli AI startup for ; Israel’s has acquired Israel’s for .

Israeli-founded Oddity (see previously), with its Israeli R&D center has soared in value since its IPO on Nasdaq. CEO Oren Holtzman’s decision to launch into the cosmetics web-based business market was certainly astute. Oddity still has 20 physical stores – all of them in Israel.

Nefesh B’Nefesh partnered with Azrieli Tel Aviv and the Tel Aviv Municipality to host over 50 immigrant-run businesses at the first Tel Aviv “Shuk Olim”. The open-market event connected locals, tourists and fellow immigrants, to celebrate the creativity, resilience and entrepreneurial spirit of the Olim community.

Israeli airline Arkia has taken up the opportunity left by the suspension of US carriers’ services to Israel. Israel's second-largest carrier will now offer five weekly non-stop flights to New York’s JFK International Airport, as well as adding “low-price” business class tickets on some of its flights.

Israel’s Kesem Energy has signed a $2 billion agreement with Energean to receive natural gas for 17 years from the Karish-Tanin gas fields and a $700-800 million agreement with the Tamar partners until 2035. The gas will fuel a power plant to be built near the Kesem junction on highway 6.

Israeli startups raised over $1 billion in March 2025 – more than 20% higher than in March 2024. Total raised in Quarter 1, 2025 was $2.1 billion, 24% higher than Q1 24.

In under three weeks, Israel’s Gilat Satellite Networks has won orders worth nearly $50 million. They include a $23 million five-year contract to supply Satellite Transportable Terminal (STT) units worldwide in support of U.S. Department of Defense (DoD) customers.

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Elastic has Israel’s (AIOps). Israeli-founded UK-based has acquired the mobile games studio portfolio of US-based AppLovin for .

Israel’s SuperCom (see previously) has won recent contracts in Arizona, and Utah, making eight US States in total. It also has signed a new Electronic Monitoring contract with a government agency in Kentucky to expand its business in that State.