Israel Active

Nice article about an individual entrepreneur that decided to embark on a new career by launching a cleaning company startup after she made Aliyah from Russia.

In 2019, Intel acquired Israel’s Habana Labs . Habana’s Caesarea offices are being vacated and the Israeli team will move to other Intel Israel offices. Symbolically, the original founders of Habana are taking over the 8,000-sq-meter Caesarea complex for their new AI chip startup – Element Labs.

. If you wish to know how Israeli desalination technology reached countries that had no diplomatic relations with Israel, this article will interest you.

Korea's Samsung is partnering with Israel’s Valens Semiconductor (see previously) to develop the next generation of MIPI A-PHY products for autonomous vehicle and ADAS usage. Samsung will manufacture Valens chipsets using its advanced automotive process node.

Israel’s Gilat Satellite Networks received one of its largest ever orders, $42 million from a leading satellite operator, primarily for its Multi-Orbit SkyEdge IV Platform. SkyEdge provides In-Flight Connectivity (IFC) that international passengers increasingly demand.

Venture firm NFX (see previously) has raised $325 million. CEO Gigi Levy-Weiss - “We believe Israeli entrepreneurs have the speed, resilience, and vision to lead the AI era, and we’re here to back them. Good times are upon us. We’re in a very good place, and we deserve some good news.”

Israel’s Rafael Advanced Defense Systems will supply the German army with Spike anti-tank missiles in a €2 billion deal, The contract is especially notable given the arms embargo imposed on Israel earlier this year by German Chancellor Friedrich Merz,

Paris, Dubai and the Netherlands barred Israeli defense companies from displaying their products. So all the many countries wanting the latest Israeli technology have gone to ADEX 2025 in South Korea to see IAI, Elbit, Rafael, SDC, Ophir Optronics, and the dedicated Israel pavilion.

Dutch-born, Israeli raised, US Professor Joel Mokyr has been awarded the Nobel Prize in Economics together with two other economists, for showing how useful knowledge, mechanical competence and institutions conducive to technological progress has led to sustained economic growth.

Israel’s Bet Shemesh Engines (see previously) has won a $1.2 billion 15-year contract to supply critical jet engine components to one of the world’s leading aircraft engine makers.  Only a few weeks ago Norway’s sovereign wealth fund divested its 2% stake in Bet Shemesh Engines.