NSO Freezes Business Connections with Saudi Arabia, Report
The “Washington Post” reports that NSO Group, the Israeli spyware startup has frozen relationship with Saudi Arabia because of concerns that its technology might have been misused. According to the More...
US Army Buys Israeli Iron Dome Missile Defense Batteries
Two weeks after the announcement of their intention to buy Iron Dome Missile Defense Batteries, the US officially announced that it had purchased the Israeli system for the US Army. The US Army informed the More...
Many IDF Projects Shelved Annually Exceed Medical Basket
Over the past decade, the army initiated and promoted hundreds of technological and infrastructure projects. Some, however, were inexplicably halted after years of development, and hundreds of millions of shekels More...
Israel Authorized Spyware Company NSO Sell Pegasus to Saudi Arabia, Report
According to a report by Washington Post Israeli government was directly involved in the sell of NSO‘s sophisticated spyware Pegasus, a patch of highly complicated software used for hacking and espionage, More...
Israel’s Startup Cortica, SIX, Duotem to develop AI-based services for securities industry
SIX, the owner that operates the Swiss stock exchange has entered into a strategic partnership with Israeli startup Cortica and Hong Kong’s Duotem to develop AI-based securities services. Initial work More...
IAI wins $777 million Indian Navy contract for Barak8 Missile Defense
Israel Aerospace Industries (IAI) has signed a contract worth $777 million, to supply LRSAM air and missile defense systems, the marine version of the AMD system Barak 8, to seven ships of the Indian Navy. The More...
11 Leading companies invest $85 million in Israeli Team8’s cybersecurity venture studio
In new financing round, Israeli cybersecurity venture studio Team8 has raised $85 million from a clutch of new and returning strategic investors including SoftBank, Walmart, Airbus, and M-12, Microsoft’s More...
Israeli companies to secure UN forces in Africa
In a move deemed by Israel as a vote of confidence, the United Nations recently signed purchase agreements worth tens of millions of shekels with Israeli companies specializing in security and water services. In More...
India Set to Buy 4,500 Spike Missiles Worth $500 Million from Israel, Report
India is about to sign an agreement with Israel to buy 4,500 Spike anti-tank guided missiles worth $500 million, a government-to-government purchase, the “Hindustan Times” reports. The agreement awaits More...
Elbit Systems Acquires Israel Military Industries IMI for $522 Million
Israeli defense firm Elbit Systems announced today that it reached an agreement with the Government for the acquisition of state-owned rival Israel Military Industries IMI Systems for $522 million. The deal More...