ElectReon Wireless, a leader in developing and implementing wireless charging for electric vehicles in motion, raises US$50 million in an equity offering to boost a global shift to the cleanest form of mobility - electric vehicles with minimal batteries. Some of Israel's biggest...
Illustration of Traps Towed Active and Passive Sonar Elbit Systems Ltd. announced that it was awarded a contract valued at approximately $53 million to provide and integrate intelligence suites onboard vessels of the Navy of a country in Southeast Asia. The contract...
OurCrowd, today announced that it would lead a $12 million investment in the newly formed MigVax Corp., which will develop a novel COVID-19 vaccine. MigVax, an affiliate of The Migal Galilee Research Institute, is pioneering the effort to develop Israel’s human vaccine...
Pi-Cardia Ltd., a global leader in the development of non-implant catheter-based solutions for treating heart valve calcification, announced today it has closed a $27 million round of financing, led by Sofinnova Partners, a leading European life sciences venture capital firm, and joined...
ELBIT SYSTEMS REPORTS FOURTH QUARTER AND FULL YEAR 2019 RESULTS   Backlog of orders at $10.0 billion; Revenues of $4.51 billion; Non-GAAP net income of $297.8 million; GAAP net income of $227.9 million; Non-GAAP net EPS...
 Elbit Systems Ltd. (NASDAQ: ESLT, TASE: ESLT) ("Elbit Systems") announced today that the U.S. Air Force (USAF) has awarded its subsidiary, Elbit Systems of America LLC. ("Elbit Systems of America"), a firm-fixed-price contract with a ceiling of approximately $471 million over a 10-year period,...
Kibbutz Givat Brenner, Israel – Equinom, Ltd., the leading seed breeding startup, announces it has closed its Series B round of funding of $10 million, led by BASF Venture Capital, Germany followed by Roquette, France; and Trendlines Group, Israel. Equinom’s current investor,...
Fortissimo and Kibbutz Afikim announced today the execution of an agreement for the sale of 50% of S.A.E. Afikim ("Afimilk") to Livestock Improvement Corporation ("LIC"), a New Zealand based cooperative. The enterprise value of Afimilk is $140 million. The acquirer, LIC is...
Teva Israel's leading pharmaceutical company released its quarterly and 2019 results today. They showed an improvement from 2018 as losses narrowed. Full-Year 2019 and Q4 2019 Highlights:   FY 2019 Q4 2019 Revenues $16.9 billion $4.5 billion Revenues prior to revision (*) $17.5 billion $4.6 billion Cash flow...
 Elbit Systems announced today that it was selected by the Federal Office for Bundeswehr Equipment, Information Technology, and In-Service Support to support the preliminary design of Airborne Electronic Warfare (EW) self-protection systems for the CH‑53 GS/GE transport helicopters, as part of the platform upgrade program led...