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For decades, Israel has been celebrated as a global innovation hub, dubbed the "Startup Nation" for its groundbreaking technology and medical advancements. But the events of October 7, 2023, and ...
JERUSALEM (Reuters) -Israel's high-tech sector now accounts for 20% of the country's economic output, the Israel Innovation Authority (IIA) said on Tuesday as it urged the government to invest ...
Investment in Israeli technology startups plummeted in the first half of 2023, an Israeli tech industry monitor said Tuesday, citing the government's divisive judicial overhaul plan as a main ...
The Israel Defense Forces relies heavily on local military technology and high-tech weapons systems designed and manufactured in Israel. Israeli-developed military equipment includes small arms, anti-tank rockets and missiles, boats and submarines, tanks, armored vehicles, artillery, unmanned surface vehicles, aircraft, unmanned aerial vehicles ...
As of 2024, Israel housed more than 450 cybersecurity startups and companies.In 2023, the value of exits by Israeli tech companies reached $7.5 billion. [8]Israel's cybersecurity industry is characterized by a high concentration of startups develop new technologies in areas such as network security, endpoint protection, data security, cloud security, and threat intelligence.
Israel's tech sector has remained resilient during a year-long war with Palestinian Islamist group Hamas but as it relies on large companies and foreign investment, the sector faces funding ...
Numerous high tech Israeli companies have been acquired by global multinational corporations for its provision of profit-driven technologies along with its reliable and quality corporate personnel. [30] The March acquisition of Israeli company Mellanox for $6.9 billion by Nvidia Corporation is a definite contender for the largest M&A deal in ...
A growing number of Israel's tech startups are incorporating in the United States, attracted by deep pocketed U.S. funds and pro-business policies, and with an extra push from a planned judicial ...