Major German–Israeli AI exit: NICE acquires Düsseldorf’s Cognigy for approx. $955M
In a landmark cross-border deal, Israel’s NICE is acquiring the German conversational AI firm Cognigy, based in Düsseldorf, for approximately $955 million.
Israel emerges as a global hub for smart mobility innovation
As detailed in the latest report by the Israel Vehicle Importers Association, Israel has emerged as a global leader in smart mobility innovation. With more than 724 active mobility startups, the country ranks fourth globally—behind...
Israel Signs Historic $35B Gas Export Agreement with Egypt
NewMed Energy and its Leviathan partners have signed Israel’s largest-ever export deal, agreeing to supply 130 billion cubic meters (BCM) of natural gas to Egypt by 2040.
Israel to Invest NIS 40 Million in National R&D Lab for Space Technology
Israel is set to invest NIS 40 million (approximately $12 million) to establish a national research and development laboratory aimed at supporting startups developing space-bound technologies.
New wave: Israeli startup turns sea power into energy at Los Angeles port and beyond
Israeli company Eco Wave Power has launched its wave-powered energy system at the Port of Los Angeles, the first onshore wave energy station in the United States.
