Israel Active

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Israel’s Canada’s Island Abbey Nutritionals. Israel’s acquired UK’s Commonplace for some . Israel’s has acquired Israel’s . US Tenable acquired Israel’s for .

Israel Chemicals Limited (ICL) has partnered with Hong Kong’s Shenzhen Dynanonic to produce lithium iron phosphate (LFP) cathode active material in Europe. ICL says that LFP is a critical solution for the future of Europe’s energy transition. ICL will build a new factory in Spain.

India has bought over 70 ship-mounted MRSAM (medium-range surface-to-air missile) systems from Bharat Dynamics, Israel Aerospace Industries’ (IAI) partner in developing the Indian version of the Barak 8 air defense system. The contract is worth around $340 million.

The BIRD Foundation is providing another $6 million of funding for five new joint US-Israeli projects. Israel companies involved are:- (anesthesia monitoring), (Quantum errors), (chronic monitoring), (cancer odor), and (sensors).

In the last 3 weeks, 14 leading airlines have announced resumption of Israel flights. They include Wizz Air, Ryanair, easyJet, Lufthansa Group (including Swiss & Austrian), British Airways, Air France, Delta Airlines, and Air India.

Israel’s Consumer Price Index (CPI) fell by 0.3% in Dec 24 (more than analysts expected), after its 0.4% fall in Nov.  At the end of 2024, Israel’s annual inflation rate was 3.2% (down from 3.4% at the end of Nov 24.) Prices of fresh fruit and veg fell again, this time by 5.6%.

According to the Israeli Tech Review 2024 by IVC Data and Insights and LeumiTech, 2024 was far better for Israeli tech than 2023. 40% more capital raised; an increase of 15% in the number of rounds; more multinational companies opened; and 7 new unicorns (only 4 in 2023).

Israel’s Gilat Satellite Networks (see previously) has won $30 million of orders in the last two weeks. It includes $18 for In-Flight Connectivity Solutions (Wi-Fi on planes), and $9 million from major satellite operators for SkyEdge IV and SkyEdge II-c satellite communications.

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