AGP Executive Report
Last update: 8 hours agoMarkets: Israel’s TA-125 index fell as much as 3.5% as election results left government formation uncertain. Tech M&A: Intel agreed to acquire Israeli quantum-software firm Classiq in a reported $2.3 billion deal, a major exit as the chipmaker expands its quantum-computing push. Energy: LG Energy Solution signed an MoU to supply up to 2 GWh of storage systems to Israeli renewable-energy company Energix, targeting markets in Europe and North America. Industrial R&D: A $2.4 million BIRD Foundation grant will fund a Quantum Elements–Qarakal Quantum project to develop quantum tools for catalyst design, with potential applications in chemicals and advanced materials. Food Innovation and Jobs: Israeli firm Ultrobotix is developing an AI platform for food formulation and preparing a regulatory-screening trial; separately, Galilee employers and business leaders met to discuss investment and job growth in the north.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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