Israel Active

Israel’s Rafael Advanced Defense Systems concluded 2024 with record-breaking sales, plus profits were up 64% at $257 million. And the impending operational deployment of its Iron Beam laser defense system is set to vastly reduce missile interception costs.

Ten Israeli-founded firms were selected in this year’s Fast Company Most Innovative Companies list. They are , , MineOS (Data Privacy), , , , , , , and .  

Israel plans, within seven years, to build a new Israeli international airport in Moshav Nevatim near Beer-Sheva. It will create 50,000 jobs and handle up to 15 million passengers. Haifa airport has already been updated and Ramon airport’s capacity will be increased to 4 million by 2030.

Israel is home to approximately 200 beauty-tech companies and is in the world top five of the beauty market. It is famous for Dead Sea products, pomegranates, & almonds. Startups include , , , , , , , , , and , (NS Oils)

Israel's fiscal deficit narrowed in the twelve months to the end of Feb 2025, for the fifth consecutive month, to 5.3% of GDP, or NIS 107.9 billion. Tax revenues rose from record Israeli bank profits. Foreign exchange reserves rose over $4 billion to a near record $220 billion.

Google’s parent company, Alphabet Inc. is to acquire Israeli-founded cybersecurity startup Wiz for at least $32 billion. It marks the largest acquisition in the tech giant’s history and over twice the previous record Israel exit (Mobileye by Intel for $15.3 billion in 2017).

Israel’s BeeFree Agro (see previously) delivered its first fleet of “autonomous flying cowboys” in January to a paying customer in Brazil, where it currently manages around 3 million cattle. It is also in trials or negotiations with with three of the “big four” multinational meat processors.

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Google’s parent Alphabet acquired Israel’s for . Insurance giant Munich Re (subsidiary ERGO) is acquiring Israeli-founded startup for in cash. US AI specialist Tray.ai has acquired Israel’s Vanti.ai () for .

Israel’s H2Pro (see previously) has signed an agreement with Latvenergo, Latvia’s national electricity company, to test the integration of H2Pro's decoupled electrolysis technology for green hydrogen production with Latvia’s renewable energy sources.