Rafael Advanced Defense Systems has signed a declaration of intent with the German state of Lower Saxony and Aurelius Capital to transform Volkswagen’s Osnabrück plant into a center for security and defense technologies. The first phase of the proposed partnership will focus on developing and producing components for air-defense systems. Rafael has previously examined the […]
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SoundHound AI has completed its acquisition of LivePerson, a US dual-listed company whose shares traded on Nasdaq and the Tel Aviv Stock Exchange, in a transaction valued at approximately USD 46 million. LivePerson will merge with and into SoundHound AI, combining LivePerson’s digital conversational AI capabilities with SoundHound’s voice and agentic AI platform. The combined […]
Israel Discount Bank has completed its inaugural EUR 500 million covered bonds offering to international investors. The five-year bonds were issued at an interest rate of 3.875%, marking Israel Discount Bank’s entry into the international covered bonds market and providing the bank with access to a new funding channel backed by high-quality assets. Covered bonds […]
Munich Re has agreed to acquire At-Bay, an Israeli-founded cyber insurance company, at an enterprise value of USD 575 million. At-Bay provides cyber insurance and proactive cybersecurity solutions for small and medium-sized businesses, combining insurance coverage with technology designed to help companies assess, manage, and reduce cyber risk. The company employs approximately 280 people across […]
Israel’s economy rebounded sharply in the second quarter of 2026, with GDP rising 3.6% from the previous quarter, equivalent to 15.4% growth on an annualized basis. The recovery outpaced expectations from economists at JPMorgan, who had estimated growth of no more than 11%. It also pushed GDP 3.05% above its pre-war peak after just one […]
Haifa Port is being positioned as a key link in the India-Middle East-Europe Economic Corridor, as northern Israeli leaders work to turn the planned route into a major logistics and economic opportunity for the region. The corridor, known as IMEC, is designed to connect India to Europe through the Gulf, Israel, and the Mediterranean. Supporters […]
Soglowek has acquired a 70% interest in Plant & Bean, a plant-based meat alternatives manufacturer in Ayutthaya, Thailand, expanding its production footprint outside Israel. The remaining 30% interest will continue to be held indirectly by PTT, Thailand’s national energy and oil company. Soglowek acquired its majority position from an existing shareholder and will operate the […]
Israeli tech funding has become increasingly concentrated in a smaller number of sectors, according to the H1/2026 Tech Review by IVC Data and Insights and LeumiTech. Cyber and enterprise software together attracted 67.3% of total capital raised in H1 2026. When combined with defense, space, and quantum technologies, and semiconductors, those four fields accounted for […]
Israeli autonomous-drone company XTEND has secured a multi-year contract worth up to approximately USD 15 million with the Ministry of Defense of an undisclosed European NATO member. The agreement includes approximately USD 4.5 million secured for the first year, according to JFB Construction Holdings, the Nasdaq-listed company that is in the process of merging with […]
Tripledot Studios has acquired Supersonic, the Tel Aviv-based mobile game publishing business, from Unity for USD 40 million in cash, subject to certain post-closing adjustments. Supersonic partners with independent studios to bring hybrid-casual mobile games to global audiences. Since its founding six years ago, the company has published more than 150 games, with its titles […]
