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...
Teva Pharmaceuticals USA, announced that the Food and Drug Administration (FDA) has approved an auto-injector device for AJOVY® (fremanezumab-vfrm) injection for migraines. “The approval of the AJOVY auto-injector is another important step forward for Teva and the migraine community,”...
n In 1965, when I visited Tel Aviv for the first time, it sported the newly completed Shalom Tower. The majestic skyscraper stood 34 floors high and was said to be the tallest building in Israel and the Middle East — a...
Boeing has signed an agreement with Tactical Robotics to jointly develop vertical take-off and landing aircraft. Tactical Robotics has developed Fancroft Rotors, which are rotors that are placed inside ducts. In addition, Tactical Robotics has already developed a prototype called “Cormorant” that...
Elbit Systems completed a successful field demonstration of its patented HyDrop system, an innovative solution enabling high-altitude high-precision aerial firefighting. The field demonstration took place recently as part of an exercise led by the Israel Fire and Rescue Authority. During the exercise...
Human Xtensions, which has developed robotic devices to serve as assistants in non-invasive surgery, is in the midst of its fourth funding round, at a value of $140 million. The lead investor in the latest round is Pesagot Investments, which is set...
CropX's team CropX, an Israeli soil sensing and agricultural analytics company, announced the acquisition of Nebraska-based CropMetrics, a prominent provider of cloud-based, precision-irrigation tools. Current CropMetrics and CropX partners and customers will now have access to an unmatched combination of in-soil data, advanced...