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    News Analysis
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    Early Stage Companies for DOD

    Axon Vision

    AI-based Situational Awareness
    Axon Vision develops anomaly detection capabilities on edge devices. The company offers deep-learning vision solutions for various verticals, including defense, smart cities, and homeland security.

    Axon's products support all sensors and spectrums, day/night, horizontal, oblique, vertical, and real-time edge processing for multiple sources in parallel.

    The company's products are designed to work with difficult-to-process video, taken with scanning and moving cameras while in motion, in any place, time, and weather.

    Locations

    Israel

    HaNehoshet Street 3, Tel Aviv-Yafo, Israel

    Total funding

    $1.5M

    Funding stage

    Seed

    Number of employees

    11-50

    Founded

    3/2017
    Israel Offices
    HaNehoshet Street 3, Tel Aviv-Yafo, Israel

    Lumana

    AI-powered Video Security and Safety Platform
    Lumana is leveraging computer vision to bolster organizational capacities in promptly recognizing and addressing pertinent events. The system functions seamlessly across various cameras, offering contemporary video management functionalities alongside AI enhancements. Through autonomous AI algorithms, Lumana continuously evaluates and supervises the surroundings. Users can define personalized alerts using natural language, enabling real-time and comprehensive detection of undesired activities. In the event of critical occurrences or potential hazards, individuals receive immediate notifications via email, SMS, or mobile app, facilitating swift responses as situations evolve. Additionally, AI-driven search utilities, video walls, and security features streamline operational tasks, ensuring efficiency and peace of mind without compromising visibility.

    Locations

    Israel

    Tel Aviv-Yafo, Israel

    Offices Abroad

    Palo Alto, CA, USA

    Total funding

    $61M

    Funding stage

    Seed

    Number of employees

    11-50

    Founded

    1/2022
    Israel Offices
    Tel Aviv-Yafo, Israel
    Offices Abroad
    Palo Alto, CA, USA

    Sentra

    Cloud-native Data Security Platform
    Sentra’s cloud-native data security platform discovers, classifies, prioritizes and remediates the most business-critical data security risks for organizations across their data estates. Sentra ensures data is secured no matter where it is located or how it travels by automatically detecting vulnerabilities, misconfigurations, over-permissions, unauthorized access, data duplication and other security issues. By combining Data Security Posture Management (DSPM), Data Detection and Response (DDR) and Data Access Governance (DAG), the platform delivers enhanced security posture, breach prevention, compliance adherence, and streamlined remediation.

    Sentra's multi-cloud data security platform works across IaaS, SaaS, and DBaaS, including AWS, Azure, GCP, Oracle Cloud, Snowflake, Databricks, and more.

    Locations

    Israel

    Derech Menachem Begin 156, Tel Aviv-Yafo, Israel

    Offices Abroad

    101 Ave of the Americas, New York, NY 10013, USA

    Primary sector

    Cyber Security

    Total funding

    $103M

    Funding stage

    B

    Number of employees

    51-200

    Founded

    7/2021
    Israel Offices
    Derech Menachem Begin 156, Tel Aviv-Yafo, Israel
    Offices Abroad
    101 Ave of the Americas, New York, NY 10013, USA

    Helios

    Sustainable Metal Production Using Thermal Energy and Zero Emissions
    Helios is a technology-driven company focused on developing sustainable solutions for life on Earth and in space. Initially aimed at extracting oxygen from lunar minerals, the company developed the Helios Cycle™, a zero-emission process for producing metals. This process significantly reduces energy consumption by using thermal energy to extract iron from ore, emitting only oxygen in the process.

    The Helios Cycle™ also applies to other elements such as silicon, copper, and lithium, offering a versatile method for resource extraction that minimizes environmental impact. Helios is positioned as a leader in green steel production and eco-friendly extraction technologies, advancing sustainable practices in the metals industry.

    Locations

    Israel

    Petah Tikva, Israel

    Total funding

    $18M

    Funding stage

    Seed

    Number of employees

    201-500

    Founded

    7/2018
    Israel Offices
    Petah Tikva, Israel

    Lowental Hybrid

    Hybrid Propulsion System
    The Lowental Parallel Hybrid System represents an advanced propulsion solution for UAVs, combining both electric and internal combustion engines. This hybrid system, available in three variations (LH-01, LH-02, LH-03), offers versatility to cater to diverse mission requirements. The advantages of this system include the synergy of an electrical motor and an internal combustion engine, providing high output power, low geometrical signature, and various operational modes. With features like a lighter UAV battery package, tripled mission time, and the ability to switch between electric and ICE modes,
    This innovative system enhances UAV performance, offering the best of both worlds in terms of fuel efficiency and power.

    Locations

    Israel

    Meishar, Israel

    Total funding

    $5M

    Funding stage

    Seed

    Number of employees

    1-10

    Founded

    7/2018
    Israel Offices
    Meishar, Israel

    Noga 3D Innovations

    High-Performance Polymers for Demanding Conditions
    NOGA Innovations specializes in developing cutting-edge high-performance polymer (HPP) formulations engineered to excel in demanding environments such as space, aviation, automotive and more. The company was founded by uniting the world-class scientific, engineering, industrial and business expertise of Prof. Shlomo Magdassi of the Hebrew University of Jerusalem, Dr. Eitan Grossman formerly of the Soreq Nuclear Research Center and Adhestick Innovations’ Mike Burshtine. NOGA’s commercially ready HPPs exhibit superior properties, are free from traditional trade-offs, are compatible with 3D DLP printing, and have been space validated with unique self-healing capabilities. NOGA’s next-generation HPPs offer enhanced properties and are designed for both molding and 3D printing applications.

    Locations

    Israel

    HaMelacha St 17, Rosh Haayin, Israel

    Total funding

    Undisclosed

    Funding stage

    Pre-Seed

    Number of employees

    1-10

    Founded

    11/2020
    Israel Offices
    HaMelacha St 17, Rosh Haayin, Israel

    FVMat

    Meta-Materials for Advanced Industry Applications
    FVMat specializes in advanced meta-materials, offering innovative solutions to the aerospace, defense, and automotive industries. The company integrates computational tools with machine learning algorithms to expedite the development and integration of meta-materials into existing manufacturing processes. FVMat’s offerings include dynamic and adaptable meta-materials, as well as conventional meta-materials that can manipulate electromagnetic and optical waves for enhanced device performance.

    Utilizing multiphysics simulations and extensive ML-based modeling, FVMat develops sophisticated CAD tools tailored for meta-material design and optimization. These tools aim to simplify the creation of complex materials while ensuring high precision and computational efficiency, addressing the technical challenges of meta-material applications in high-tech industries.

    Locations

    Israel

    Haifa, Israel

    Total funding

    $850K

    Funding stage

    Pre-Seed

    Number of employees

    1-10

    Founded

    1/2019
    Israel Offices
    Haifa, Israel

    Creomagic

    innovative AI-Driven Software-Defined Radio Solution
    Creomagic operates in the SDR market. Its innovative wireless communication solutions employ the latest Mobile Ad-Hoc Networks (MANET) technologies powered by advanced AI based cognition aimed towards resilince and mission success. Our SDR is powered by CreoNet, a MOSA-based, wholly owned software and firmware product, allowing very fast development, adaptation and deployment cycles. CreoNet is the all-domain SDR engine that powers Creomagic products, including tactical handhelds, airborne radios for UxV and ground robotics.
    We are pioneering the future of communication with AI-driven solutions that seamlessly adapt to various operational conditions. These solutions offer wide and narrow bandwidth connectivity. This innovative approach ensures versatile, high-performance communication capabilities that are imperceptible to adversaries.

    Locations

    Israel

    Prof. Hillel ve-Khanan Oppenheimer St 4, Rehovot, Israel

    Total funding

    $3.3M

    Funding stage

    Seed

    Number of employees

    11-50

    Founded

    10/2015
    Israel Offices
    Prof. Hillel ve-Khanan Oppenheimer St 4, Rehovot, Israel

    NewRocket

    Environmentally Friendly Gel-propellant Rocket Engines
    NewRocket is developing proprietary gel technology that enables a stable and non-toxic engine propellant, without sacrificing performance or control. NewRocket's gel propellant combines the advantages of liquid and solid propellants. Safe to use and transport, the propellant will improve rocket performance, offering a powerful thrust that can be controlled and extinguished when needed. NewRocket's gel propulsion technology is designed to meet the strictest industry regulations.

    The company has successfully completed a proof of concept for the proprietary technology and identified key applications for the aviation, space, and power generation markets. NewRocket is associated with the Technion Israel Institute of Technology.

    Locations

    Israel

    Sderot Giborei Israel 10, Netanya, Israel

    Total funding

    $3.2M

    Funding stage

    A

    Number of employees

    1-10

    Founded

    3/2014
    Israel Offices
    Sderot Giborei Israel 10, Netanya, Israel

    HEQA Security

    Safeguarding Data Communication
    HEQA Security is committed to safeguarding data communication against both existing and emerging cyber threats, posed by quantum computers. Led by world-renowned executives from the data protection, quantum communication, and academic domains, the company focuses on building the most cost-effective and scalable carrier-grade quantum key distribution (QKD) offering in the market, while guaranteeing the highest security levels.

    HEQA Security products are used by world-leading telecom operators, defense organizations, global cloud providers, and financial institutions.

    Locations

    Israel

    HaMa'ayan St 2, Modi'in-Maccabim-Re'ut, 7177871, Israel

    Primary sector

    Cyber Security

    Total funding

    $12.81M

    Funding stage

    A

    Number of employees

    11-50

    Founded

    6/2017
    Israel Offices
    HaMa'ayan St 2, Modi'in-Maccabim-Re'ut, 7177871, Israel

    Ramon.Space

    Space-resilient Super-computer Systems
    Ramon.Space specializes in the development of compact, lightweight space computer systems with integrated power capabilities. These systems utilize AI, ML, and DSP processors, offering programmable features and adaptability. Their focus lies in optimizing power consumption, allowing for potential software updates while in orbit.

    These systems exhibit robustness against the challenges of space, including radiation, extreme temperatures, zero gravity, and vacuum. They encompass various functionalities, such as space-tailored computer vision, pre-trained AI and machine learning models, modems, routers, and diverse application building blocks.

    Ramon.Space's technology has already demonstrated its effectiveness through deployment in space and utilization in numerous satellites and over 50 space missions across the solar system, all without any failures.

    Locations

    Israel

    HaCarmel St 5, Yokne'am Moshava, Israel
    HaHarash St 4, Hod Hasharon, 4524075, Israel

    Offices Abroad

    Palo Alto, California, USA

    Total funding

    $43.5M

    Funding stage

    A

    Number of employees

    51-200

    Founded

    1/2004
    Israel Offices
    HaCarmel St 5, Yokne'am Moshava, Israel
    HaHarash St 4, Hod Hasharon, 4524075, Israel
    Offices Abroad
    Palo Alto, California, USA

    MultiKol B.T

    Voice-based Behavioral Biometric Authentication Solutions
    MultiKol is focused on providing exceptional protection for people, assets, and data through its voice-based biometric authentication technology. The company is developing biometric solutions to identify speakers according to the different characteristics of their voices.

    Current authentication methods rely on something known (e.g., a password), something owned (e.g., a credit card), a personal identifier (e.g., a fingerprint), or a locator (e.g., a GPS location). In addition to these factors, MultiKol's technology analyzes the user's state of mind. For example, if the user's voice indicates that they are sleepy or drunk, they will not be allowed to start or drive a car or to operate dangerous machinery.

    Locations

    Israel

    Haifa, Israel
    Tel Aviv-Yafo, Israel

    Offices Abroad

    The Lower City, Haifa, Israel

    Primary sector

    Cyber Security

    Total funding

    $1.08M

    Funding stage

    Seed

    Number of employees

    1-10

    Founded

    7/2018
    Israel Offices
    Haifa, Israel
    Tel Aviv-Yafo, Israel
    Offices Abroad
    The Lower City, Haifa, Israel