RDC Rafael Development Corporation Ltd. (with Elron)

Driven through RDC, Elron Ventures has announced a new M&A strategy focused on acquiring and scaling early-stage dual-use defense technology companies through significant ownership, leveraging its partnership with Rafael. The aim is to generate ROI from recurring cash flow through the distribution of portfolio company gains. Elron and Rafael will provide up to $300m over three years, in equal shares, for the purpose of acquiring dual-purpose (military and civilian) technology companies, alongside continued investment in companies at advanced stages of growth in defense-tech, deep-tech, cybersecurity, and AI. Elron’s partnership with Rafael creates unique operating models combining venture expertise, engineering capabilities, operational insight, technological infrastructure and deep domain knowledge across defense and civilian markets. Through RDC, Elron gains access to technologies, engineering expertise and commercialization opportunities originating from Rafael’s ecosystem, supporting the development and scaling of independent technology companies with global market potential.