Defense Technology

Major General (res.) Amikam Norkin has been chosen to lead the local operations of the defense-tech giant, and is expected to deepen work with the defense establishment and Israeli industries. At the same time, Globes has learned that the company is conducting a massive fundraising round: its scope has reached about $10 billion to date, and it has not yet closed.

American company Ondas, which has been acquiring Israeli defense startups, aims to create a unified autonomous system for the US military. Former Mossad chief Dadi Barnea has been appointed to lead the company.

The Jerusalem Development Authority, the Ministry of Defense, and the Jerusalem Municipality are launching a new deep-tech accelerator. Selected startups will receive up to two million shekels in funding and access to defense research facilities.

Brig. Gen. Sh. concludes his term as Head of the Equipment Group in the shadow of the October 7 failure, revealing technical lessons: from the push for armament independence to the tense monitoring of Trump's F-35 deal with Turkey. "We created technological projects at an unprecedented pace; the ability to bring complex engineering solutions under fire is something that did not exist in such...

American defense tech firm Anduril is negotiating a new funding round that could push its market valuation to approximately $100 billion. This would place the company on par with industry giants like Lockheed Martin.