Hightech

Bet Shemesh Engines announced it has signed a new $800 million contract with Pratt and Whitney Canada, to provide parts for P&W’s engines. The new agreement will last until 2039.  P&W Canada is a separate subsidiary of US-based Pratt & Whitney that...

Airbus A 400M Elbit Systems Ltd. announced it has been awarded an approximately $73 million contract from Diehl Defense GmbH & Co. KG (“Diehl Defense”) to provide J-MUSIC™ Directed Infrared Counter Measure (DIRCM) systems for the German Air Forces’ Airbus A400M aircraft. The...

Elbit Systems launched CONDOR™ MS, a new Long Range Oblique Photography (LOROP) system that introduces Multi-Spectral (MS) sensing capability and Artificial Intelligence (AI) analytics to stand-off strategic intelligence gathering missions.     CONDOR MS integrates three high resolution Electro...

The Israeli government has awarded a contract to operate a FoodTech Incubator in the Northern Israel city of Kiryat Shemona to a consortium made up of Finistere Ventures, OurCrowd, Tnuva, and Tempo Beverages. In a meeting in his offices...

Cylus, has raised $12million in a Series A funding round.The round was joined by several new investors, including Cyient a global provider of engineering and technology solutions for rolling stock and signaling OEMs and rail operators, Cerca Partners, GlenRock, Leon Recanati's private...

Team SentinelOne SentinelOne has raised $120 million in a Series-D round of financing. The new funding round was led by Insight Partners, together with Samsung Venture Investment Corporation, NextEquity, participating alongside all of the company’s existing investors, which include: Third Point Ventures, Redpoint...

Chakratec has launched the world's first kinetic powered Electric Vehicle charging station at the Vienna international airport. The project, comes after a successful pilot that was held at Wien Energie's premises in the past year. The system is located...

Fiverr has released a new stock prospectus, prior to a public offering on the NASDAQ. The company seeks to raise $100 million, while placing an after offering valuation of the company at $600 million. The company plans to sell 5.3 million shares,...

Seed-X, an Agtech company that improves seed qualification during the breeding process, and TomaTech, a tomato seed breeding company, have announced a new pilot of GeNee Breeder™, the first and only seed phenotype analysis system that offers breeders reliable real-time classification of...

The Israel Aerospace Industries reported it had earned $15 million during the first quarter of 2019. This is $1million more than IAI earned during first quarter of 2018. Sales of the company rose by 13.5% to $1 billion. The growth in sales...