Israel Aerospace Industries taps Indian deep-tech startups

Defense major aims to push companies in South Asian nation toward global competitiveness

20241203 IAI and India flag

Israel Aerospace Industries signed a memorandum of understanding in 2022 with India's defense company, Hindustan Aeronautics, to produce multi-mission tanker transport in India. (Source photos by Kosaku Mimura and IAI)

KIRAN SHARMA, Nikkei staff writer

NEW DELHI -- Israel Aerospace Industries (IAI), the country's top-selling defense group, has begun searching for deep-tech startups in India to jointly create cutting-edge innovative technologies and solutions in fields such as big data, signal and image processing, green energy and more, with the aim to expand globally.

IAI launched a new program in the South Asian nation called the NeuSPHERE Innovation Acceleration Program in late November. Its application window for startups is open for a limited time through Feb. 6.

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