The call requires participation from at least one Israeli company and one German company, with projects expected to demonstrate clear added value from cross-border cooperation. Additional research institutes, universities, and partners from other countries may also participate subject to relevant funding rules.

Funding will be provided through the Israel Innovation Authority and Germany’s ZIM program, with Israeli companies generally eligible for conditional grants of up to 50% of eligible R&D costs and German companies eligible for grants of up to 60% of project costs, subject to national rules. Applications are due by July 21, 2026.

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The fund is expected to focus on early-stage companies developing dual-use and defense-oriented technologies, including areas such as unmanned systems, AI, autonomy, sensing, and other national security applications.

The launch comes as Israel’s defense-tech ecosystem gains momentum, with startups attracting growing attention from investors, defense agencies, and strategic partners seeking technologies shaped by real-time operational needs.

Read more in Globes.

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The data shows a median salary of USD 148,000 among roles with published compensation, with more than 60 positions offering over USD 200,000 annually and the highest package reaching USD 575,000. Cybersecurity and fintech companies are among the most active recruiters, with sales and business development leading by job category.

The findings point to New York’s continued importance as a US expansion hub for Israeli startups and growth companies, particularly for experienced professionals in commercial, product, engineering, AI, customer success, security, finance, and operations roles.

Read more in Calcalist.

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Fort Technology is an e-commerce consumer packaged goods company focused on assembling and selling pest control products through the Amazon Marketplace, using both Fulfillment by Amazon and Fulfillment by Merchant distribution models.

Greenberg Traurig advised Fort Technology, with a team led by David Huberman, Michael Soumas, and Ben Strauss.

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The initiative reflects a broader global race in which countries are treating chips, data centers, energy capacity, and compute access as strategic assets. For Israel, the plan is intended to reduce reliance on commercial cloud providers while supporting areas where the country may hold a competitive advantage, including cybersecurity, physical AI, edge systems, and defense-linked applications.

The plan also includes investment in human capital, workforce transition, and quantum computing, though experts cited by Ynet warn that full independence across chips, models, and infrastructure may be unrealistic and extremely costly. The article notes that building advanced sovereign AI infrastructure at this scale could cost tens of billions of dollars, making execution, prioritization, and academic talent development central to the plan’s success.

Read more in Ynet.

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Officials and senior executives from both companies are expected to travel to the US in July to assess the feasibility of the move, including meetings with investors, underwriters, legal advisers, and regulators. The discussions are expected to focus in part on how disclosure rules would apply to defense companies handling classified programs.

IAI is reportedly valued at approximately NIS 100 billion, while Rafael is estimated at around NIS 60 billion, following record performance in 2025 and combined order backlogs exceeding USD 50 billion.

Read more in Calcalist.

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The company operates a portfolio of summer camp businesses through a cross-border corporate structure. The Chapter 11 process is aimed at stabilizing operations, addressing liquidity pressures, and managing creditor claims following the bond default.

Chapman and Cutler is serving as US counsel to indenture trustee Mishmeret Trust Company in connection with the bond restructuring, led by Michael Friedman.

Cole Schotz is representing SIMAD Holdings.

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The planned facility will add approximately 850 MW of generation capacity near OPC’s existing power station and is expected to begin producing electricity around 2030. Reaching financial close before the end-of-June deadline would allow OPC to secure priority grid connection and higher availability payments from the Israel Electricity Authority.

Herzog represented Bank Leumi, led by Mark Phillips and Zara Gold.

FBC & Co. represented OPC Energy.

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The investment follows the collapse of a previously reported sale process involving Apollo and Fortissimo, and comes as AppsFlyer looks to expand its measurement infrastructure for autonomous marketing and AI-agent workflows. AppsFlyer said the new investors will each hold minority stakes, without control or exclusivity, and that the company will remain structurally independent.

Meitar is acting for AppsFlyer, with a team led by Dan Shamgar, Ran Camchy, Omri Davidov, Hila Silverstein, Eran Buvilski, Daniel Greenwald, David Dydek, Merav Ben Artzi Halpern, Assaf Moses, Sahi Adelson, Eyal Gil-Or, Idan Rosenblum, Alon Yarrow, Oz Benjamin, and Adi Berar.

Latham & Watkins is also advising AppsFlyer.

Agmon with Tulchinsky is representing Unity.

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Dorad 2 is expected to have capacity of approximately 800 MW, expanding the existing Dorad private power station near Ashkelon, which currently has capacity of 850 MW. Construction is expected to begin toward the end of 2027 and continue through 2032, subject to regulatory approvals and execution of a binding agreement.

Meitar represented Minrav, with a team led by Tani Zahavi, Guy Kles, and Jonathan Finklestone.

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