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Israel's Tech Sector Thrives with $12B Amid Conflict

1/31/2025

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Summary

Story summary

Israel's high-tech sector is flourishing amid conflict, attracting over $12 billion in funding in 2024. Innovative startups like Xtend and ThirdEye Systems are leading the charge in defense technology, while cybersecurity dominates, making up 36% of total investments. Support from international partners, including the UAE, enhances Israel's standing in the global tech arena.

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Story summary

Israel's high-tech sector is flourishing amid conflict, attracting over $12 billion in funding in 2024. Innovative startups like Xtend and ThirdEye Systems are leading the charge in defense technology, while cybersecurity dominates, making up 36% of total investments. Support from international partners, including the UAE, enhances Israel's standing in the global tech arena.