Israel Active

Airlines that have announced they are restoring Israel flights include , Air France, Transavia, Air France, EasyJet, British Airways, ITA Airways; Wizz Air, and the Lufthansa Group (Swiss, Austrian, Brussels, Lufthansa, Eurowings.

Israel’s Silynxcom (see previously) has won a 4-year contract worth up to $2 million, to supply advanced in-ear communication systems to the national police of Finland. It comprises new-generation high-noise protection Clarus systems, with Silynxcom’s unique “talking from the ear” technology.

Israel’s Energean has agreed to provide 12 billion cubic meters of natural gas to power the power plants of Israel’s Dalia and Eshkol power plants. It will be sufficient for the next 18 years and cost some $2 billion.

The Israeli Shekel reached its strongest level against the US Dollar for two years – 3.541 to the US$.  The Bank of America expects the shekel to continue to strengthen if the ceasefire agreements are fully implemented.

The normally anti-Israel “Economist" has rated Israel as the 6th strongest economy of 2024. It cited Israel’s strong macro figures with the low unemployment rate and the performance of the stock market strengthening the country’s situation in recent months.

Startup Nation Central reports that Israel’s hi-tech GDP grew by 2.2% in 2024. It was due to funding, a record $15.8 billion in mergers and acquisitions and mature companies driving innovation and global integration. Cybersecurity remained Israel’s tech cornerstone.

Chip giant Nvidia is to invest more than $500 million in a new Israeli AI research data lab. The 10,000 sqm facility at the Mevo Carmel Science and Industry Park near Yokne’am, will be among the “largest, most powerful data center labs in Israel,” Nvidia said in a statement.

Israel’s Women Funding Women program is the first of its kind to connect women entrepreneurs with top-tier women investors to address the funding gap in AI. Until Feb 4, WFW offers a $1M investment to support women-led AI startups, which deliver a 35% higher return on investment than men.

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US blockchain giant acquired  Israel’s (its second Israeli takeover in a month) for an . Chinese tech giant Lenovo has acquired Israeli enterprise storage company , which was valued at ;  Lenovo plans to establish a development center in Israel.