Mapping Israel’s emerging spacetech ecosystem

Mapping Israel’s emerging spacetech ecosystem. There are currently 105 startups operating in Israel in the field of space applications. These companies raised a total of $314 million in the past year.

CyberArk reaches record $10 billion market cap on back of identity security boom. The veteran cybersecurity company predicts that in 2024 it will come close to the $1 billion revenue threshold, reflecting an annual growth rate of 22%-24%, similar to its growth in 2023.

Meta suspends Iran's Supreme Leader Ali Khamenei’s Facebook and Instagram accounts. Meta has removed the accounts for “repeatedly violating” its “Dangerous Organizations & Individuals policy.” Khamenei has called to wipe Israel off the map numerous times and praised the horrific October 7 attack by Palestinian terror group Hamas.

Smart label startup Sensos raises $20 million Series A. The Israeli startup’s globally-connected labels, which are the size of a credit card, report 6-dimensional telemetry shipment data in real time, without requiring any additional infrastructure.

TAU produces more unicorn founders than any other non-U.S. university. “I strongly believe we will prevail and eventually, we'll become much better than we actually were,” said Moshe Zviran, Professor and Chief Entrepreneurship and Innovation Officer at Tel Aviv University.