Exits, acquisitions & mergers – to 23rd Feb 25
Israel’s acquired Boston’s Zilla for at least .
Israel’s acquired US-based Mosaic for .
US private equity firm Riverwood Capital has acquired Israeli AI pricing company for .
Startup investment – to 23rd Feb 25
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Israeli AI programs to be in US AI plans
David Sacks, chair of US President Trump’s Council of Advisers on Science and Technology, and Elon Musk have agreed to integrate Israel’s artificial intelligence programs into the US administration’s plans to massively expand AI development, estimated at half a trillion dollars.
$1 billion of profit
Israeli Cybersecurity company Check Point closed 2024 with $2.56 billion in revenue, a 6% growth compared to 2023. For the first time, Check Point’s annual profit surpassed the billion-dollar mark.
Startup investment – to 9th Feb 25
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Happy with your choppers?
The Irish government promised not to buy anything Israeli. But its recent purchase of 4 Airbus helicopters included Helionix flight systems made by Israel’s Elbit. Yanky suggests that they remove the systems. The helicopters won’t fly, but it’s vital that Ireland preserves its integrity!
United to restart in March
United Airlines is to resume flights to Israel in March, becoming the first U.S. carrier to renew services to Tel Aviv halted due to the war. United will initially fly from Newark’s Liberty International Airport on Mar 15, with daily service beginning two weeks later on Mar 29.
NIS 1.2 billion for IDF suppling startups
In 2024, some 300 security startups received NIS 1.2 billion of orders from the Ministry of Defense for urgent tech solutions for the IDF in Gaza and Lebanon. 30% went into tech for autonomous vehicles and a similar amount for cyber-tech. The rest went to sensors, digital, and AI.
Safer trains in India
The advanced safety systems of Israel’s Rail Vision (see previously) are to be introduced to the Indian market. Indian Railways, which operates India's national railway system, boasts one of the largest rail networks in the world, with approximately 15,000 locomotives.
Night vision binoculars for US Army
Elbit Systems of America has received a $139 million order for more Enhanced Night Vision Goggle-Binocular (ENVG-B) systems to the US Army (see previously). The Augmented Reality systems also provide holistic situational awareness in all weather and visibility conditions.