After its share worth has risen 272% over the previous yr and 1,765% over the previous three years, NextVision Stabilized Methods (TASE: NXSN), has introduced that it’s elevating $400 million from Israeli and overseas traders. The corporate, which produces stabilized cameras for floor and aerial autos together with drones, is in line to hitch the Tel Aviv 35 Index – the largest 35 firms traded on the Tel Aviv Inventory Change (TASE) – when the index is revised in direction of the tip of the yr.
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A lot of the funding is coming from abroad traders, with solely a small quantity from Israeli traders. The underwriter for the providing is US funding financial institution Jefferies.
The funding has been introduced after Prime Minister Benjamin Netanyahu spoke earlier at present about Israel’s worldwide isolation and economic-diplomatic standing. But earlier this month NextVision chairman Chen Golan stated the very reverse, “We anticipate that within the subsequent 3-7 years there will probably be a rise in protection budgets, with international locations equipping with instruments for themselves. I do not assume any nation will permit itself to not be ready for the following battle – whether or not it occurs or not – and that is why we see demand from the market.”
He added: “We are able to name this decade ‘the protection decade.’ Everyone seems to be beginning to equip themselves. These are lengthy processes, and it’ll take a very long time. This isn’t a one- or two-month course of, and that’s the reason we’re additionally receiving giant demand. The battle was a catalyst, and drones have turn out to be a strategic software. No nation will permit itself to be unprepared for the following battle. Everybody associates Subsequent Imaginative and prescient with the battle. It’s true that the battle bought issues going, and is the principle catalyst for elevated development, but it surely has additionally turned aerial autos – drones and UAVs – right into a strategic software for international locations around the globe. Everybody understands that within the subsequent battle there will probably be huge use of drones and UAVs everywhere in the world.”
Within the second quarter of 2025, NextVision noticed a 32% enhance in income to $37 million and web revenue of $23.2 million, up 46% from the corresponding quarter final yr. The corporate’s order backlog rose to $110 million, up 39% in contrast from the corresponding quarter final yr, however down 10% from the previous quarter.
Revealed by Globes, Israel enterprise information – en.globes.co.il – on September 15, 2025.
© Copyright of Globes Writer Itonut (1983) Ltd., 2025.
