Israel Innovation Authority

The Israel Innovation Authority, established in 1965 as the Office of the Chief Scientist within the Ministry of Industry and Trade, is dedicated to fostering research and development in government research institutes. Its primary objective is to enhance industrial development and promote the export of high-tech products. The authority plays a crucial role in mitigating financial risks associated with innovation projects by providing funding support to initiatives selected and managed by private companies. Through these efforts, it aims to stimulate growth in the high-tech sector and strengthen Israel's position as a leader in innovation.

Dror Bin

CEO

Past deals in Fuel Cell

Lowental Hybrid

Seed Round in 2025
Lowental Hybrid specializes in developing hybrid propulsion systems for Unmanned Aerial Vehicles (UAVs). Their technology combines fuel-based propulsion with electric power, enabling UAVs to operate for longer durations while maintaining the low noise levels characteristic of electric systems. The company's advanced parallel hybrid solution, comprising an electric motor and an internal combustion engine, allows UAVs to achieve vertical take-off using electricity and extend flight times up to fivefold, maximizing power, efficiency, and reliability for diverse missions.
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