Israel Active

US blockchain giant Paxos has acquired Israel’s for . US Ondas has acquired Israel’s (its seventh recent Israeli purchase) for .

Israel’s MineOS is selling its consumer privacy app to security giant McAfee for an estimated tens of millions of dollars. The app will be integrated into McAfee’s consumer protection platform. It is McAfee’s first purchase of Israeli technology in more than a decade.

Israel is to double the threshold for the tax exemption on personal import items shipped from abroad via online retailers. Currently, orders valued up to $75 are exempt from import taxes and 18% value added tax (VAT). This will shortly be doubled to $150.

Foreign Minister Gideon Sa’ar led a high-level business delegation to Buenos Aires, announcing new trade initiatives and signing agreements aimed at expanding bilateral commerce. Israel will open new economic attaché offices in Buenos Aires in 2026.

Israeli startups involved in the latest joint US-Israeli projects include (quantum atomic clocks), Mentaily Innovations (PTSD test), Newton Tech (gait analysis), and Tuned Ltd (hearing devices).  

One of many investment gurus who sees the now is the right time to invest in the Jewish state. Jewish entrepreneur Michael Fertik has opened Modelcode Chai, the Tel Aviv office of his company Modelcode.ai. He believes the future of AI and of broader technology, runs straight through Tel Aviv.

The Israeli government has allocated NIS 1 billion to develop Beersheba and the wider Negev region. It includes light rail, cyber, health services, R&D, education, sports, tourism, and urban renewal. Some 676,000 people live in the Beersheba metropolitan area.

Israel’s Remilk (see previously) is partnering with Israel’s Gad Dairies to put its high-tech, non-dairy, lab produced milk, made from dairy proteins, in Israeli eateries in the coming days. A supermarket rollout is planned for early 2026.

Israel’s Island.io (see previously) is opening a new research & development center in Ramat Hasharon. It will house some 50 employees, in addition to the 250 Island already has in Israel. Our success is built on Israeli talent, which we believe is the best in the world,” said founder Dan Amiga.

Since Israel’s Wix acquired Israeli natural-language coding specialist Base44, the number of users for the tiny startup has increased seven-fold to two million.  Base44 is now expected to reach $50 million in annual recurring revenue (ARR) by year-end.