Israel Active

Israel’s has acquired Israel’s for . Israel’s has acquired Israel’s for . (TY Yanky) Trail has only been in existence for a year and doesn’t even have a website. Israel’s has with Mediaocean and delisted at a value of $525 million.

To prepare the next generation of investors and entrepreneurs, Israel’s Reichman University has introduced a comprehensive Venture Capital Investments course for its students. It is led by Amit Pilowsky, Co-Founder and Managing Partner of Key1 Capital, and previously at Goldman Sachs.

Mental Health centers in Taiwan and South Korea have bought 15 Deep Transcranial Magnetic Stimulation systems from Israel’s BrainsWay (see previously).

The Smart Vision® CMS Advanced Driver Assistance System from Israel’s Gauzy (see previously) has fully replaced traditional side mirrors on the Capital District Transportation Authority (CDTA) of New York’s public buses. The camera system reduces blind spots.

Israel’s Elbit has received an order from an unnamed European country for $335 million worth of defense systems. The order includes Elbit’s Hermes™ 900 Unmanned Aircraft Systems. The systems will be delivered over a three and a half year period.

Israel’s Enlight Renewable Energy (see previously) has begun the full commercial operation of its renewable energy and storage cluster in Israel’s newly deregulated electricity industry. Enlight’s 12 facilities generate 254MW, supplying households, small businesses and industrial clients.

Both Arkia and Israir have now decided to commence services from Tel Aviv to the USA. Subject to regulatory approval they will operate a total of 10 weekly direct flights, using aircraft leased from Europe and staffed by foreign crews. It would significantly lower fares for passengers.

The Calcalist and Bank Leumi conference in Miami featured a panel of financial experts which expressed its confidence in Israel’s hi-tech resilience. If it survived the war and the pandemic, it can handle anything," see videos of Rinat Zilberstein and Tom Nides.

Israel’s Central Bureau of Statistics reported a 0.9% rise in GDP in the 3rd Quarter of 2024 compared with the previous quarter, giving a 3.8% annualized growth figure. In addition, unemployment fell to a new low of 2.5% in October, down from 2.7% in September. 135,000 vacancies is the same as in Sept.

Israel’s foreign exchange reserves at the end of September 2024 stood at a record $220,377 million - an increase of nearly $3 billion from their level at the end of the previous month. The increase was due to a revaluation that shows confidence in Israel’s currency and economy.