Peru buys Israeli armored vehicles
Peru is purchasing 56 “Sandcat EX12” multipurpose 4×4 armored vehicles for the National Police for around $23.8 million. They are manufactured by Kibbutz Sasa-based firm Plasan (see previously).
Exits, takeovers, and mergers to 23rd Nov 25
US-based Itron Inc is acquiring Israel’s for .
US-based Tulip is acquiring Israel’s , for , which will become Tulip’s Israeli R&D center.
Startup investment – to 23rd Nov 25
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Towering achievement
Israel’s Tower Semiconductor was nearly sold to Intel for $5 billion two years ago. It is now valued at $10 billion and plans to boost production of its sought-after next-generation analog chips using SiPho (silicon photonics) and SiGe (silicon–germanium) technologies that support AI applications.
Power for European robots
Israel’s CaPow (see previously) has received Europe’s CE Mark for its Genesis robust, high-efficiency, wireless power systems for Autonomous Mobile Robots, Automated Guided Vehicles, and other mission-critical industrial platforms. CaPow already sells in the US.
Startup investment – to 16th Nov 25
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Exits, takeovers, and mergers to 16th Nov 25
Israel’s has USA’s Vigilant Ops.
Israel’s has acquired Israel’s for .
US-based Salesforce is acquiring Israel’s for an estimated .
Millions for Israeli startups
Venture Capital firm has raised a $325 million 4th fund of which 40% is earmarked for early-stage Israeli tech startups. Meanwhile, has closed a $380 million Opportunity Fund II for investing in cybersecurity companies. Plus, Israeli startups raised $800+ million in a week.
More drones for the US
Israel’s XTEND has won another multi-million-dollar contract with the US Dept of War (see for previous). XTEND will develop and deliver AI-enabled, modular, one-way attack drones designed for close-quarter combat.
Top 10 Middle East hotel
The Six Senses Shaharut resort (see previously), 45 minutes north of Eilat, has been voted one of the top 10 Hotels and Resorts in the Middle East for 2025 in the Condé Nast Traveler’s Annual Readers’ Choice Awards. The Six Senses CEO called it, “a desert paradise in the heart of the Negev”.