General Electric Overview
General Electric (GE )Co. is a technology and financial services company. It operates through the following segments: Power, Renewable Energy, Aviation, Healthcare, and Capital. General Electric (GE) has had a significant presence in Israel, primarily through its healthcare division. GE Healthcare Israel was established in 1998 following the acquisition of several Israeli companies specializing in the development and production of medical devices. These included the ultrasound division of Elbit Imaging and Elscint’s MRI division. Over the years, GE Healthcare has made several investments in Israel. These investments have contributed to the development and production of technologies marketed worldwide. Some notable products developed in Israel include portable ultrasound systems, cardiac-vascular ultrasound systems, powerful MRI scanners, and sophisticated artificial ventilation systems. In 2016, GE Healthcare announced the establishment of a new international development center in the Life Sciences Park, south of Haifa. This center focuses on developing imaging products for emergency rooms and trauma markets, aligning with the broader trend of increased investments in Israel's northern region.
Latest News
growth-negative
GE Vernova (GEV) Misses Q3 Earnings Estimates
GE Vernova reported quarterly earnings of $1.64 per share, missing the Zacks Consensus Estimate of $1.78, resulting in an earnings surprise of -7.87%. Despite this, the company posted revenues of $9.97 billion, surpassing the consensus estimate by 8.62%. Over the last four quarters, GE Vernova has exceeded consensus EPS estimates twice and revenue estimates three times. The companys shares have increased by about 78% since the beginning of the year, outperforming the S&P 500s gain of 14.5%. However, the mixed trend in earnings estimate revisions has resulted in a Zacks Rank #3 (Hold), indicating that the stock is expected to perform in line with the market in the near future.
growth-positive
5 Off-the-Radar Energy Stocks Outperforming Their Peers
The article discusses the resilience of the U.S. stock market in 2025, driven by an AI-driven investment boom. Despite challenges in the energy sector, clean energy stocks like SolarEdge Technologies have seen significant gains. SolarEdge, an Israel-based smart energy company, has experienced a 161.4% year-to-date return, benefiting from AI-driven power demand and policy support. The U.S. Senates passage of the One Big Beautiful Bill Act (OBBBA) without excise taxes on solar has stabilized investor sentiment, supporting the U.S. clean energy supply chain. The article highlights the transformation in energy investment patterns, with a focus on electrification and AI-driven demand.
Public Trading
growth-positive
Zacks Investment Ideas feature highlights: GE Aerospace, Howmet Aerospace, Astronics and TAT Technologies
The article discusses the positive impact on aerospace and defense companies, particularly GE Aerospace and Howmet Aerospace, due to increased global defense spending and demand for fuel-efficient commercial aircraft. GE Aerospace saw a 23% revenue increase in Q2, driven by high demand for its engines. The article highlights the continued investment interest in these companies despite recent gains, with GE and Howmet expected to maintain high EPS growth. Astronics and TAT Technologies are also noted for their niche in specialized aerospace defense equipment, attracting investor attention.
Customers
growth-positive
Top 3D Printing Stocks for Higher Returns and Portfolio Growth
The article discusses the transformative impact of 3D Printing technology, highlighting its rapid advancement since the 1980s. Companies like Xometry, Proto Labs Inc., and Stratasys, Ltd. are leading the charge in this space, leveraging the technologys cost-effectiveness, customization, precision, and sustainability. 3D Printing is revolutionizing industries such as healthcare, aerospace, automotive, and consumer goods by enabling rapid prototyping, on-demand production, and the creation of complex shapes. The global 3D Printing market is projected to grow significantly, with North America leading the sector. The healthcare 3D Printing market is expected to see substantial growth, driven by advancements in personalized medical tools and prosthetics.
growth-positive
Investors Lock In On This GE Aerospace Peer. Here's Why.
The article highlights Elbit, a company that is gaining attention on Wall Street due to a pending breakout and the launch of a new next-generation system. This development is seen as a positive growth indicator for the company. The focus on innovation and advanced technology positions Elbit as a significant player in its industry, drawing interest from investors. The article suggests that Elbits strategic moves and product advancements are likely to enhance its market position and drive future growth.
Product Stage
Team Members
4
Employees: 500+
Web & Social Links
| Website | www.ge.com/ |
Locations
HaMada St 12, Rehovot, Israel
Arieh Shenkar Street 1, Herzliya, Israel
Yigal Alon St 98, Tel Aviv-Yafo, Israel
Netiv HaOr 1, Haifa, Israel
Boston, MA, USA
Photos & Videos
No files yet
General Electric Business
Business models
—
Product stage
—
Employees
500+
Sector
—Target Customer
—Core Technology
—Tags (10)
medical-deviceswaterenergydigital-healthcarecyber-securityindustrial-applicationsmanufacturingsoftware-applicationsindustry-4.0materialsGeneral Electric Financials
—
Total funding
—
Capital raised
—
Last funding
—
Funding stage
—
Total rounds
—
Investors
Public Offering / Exit
MNAEvent
Dec 2023
Undisclosed
SpacEvent
Jan 2023
Undisclosed
POEvent
Mar 2015
Undisclosed
General Electric Lifecycle
All Events
MNAEvent
Dec 2023
Undisclosed
SpacEvent
Jan 2023
Undisclosed
POEvent
Mar 2015
Undisclosed
General Electric News
26 articles
growth-negative
GE Vernova (GEV) Misses Q3 Earnings Estimates
GE Vernova reported quarterly earnings of $1.64 per share, missing the Zacks Consensus Estimate of $1.78, resulting in an earnings surprise of -7.87%. Despite this, the company posted revenues of $9.97 billion, surpassing the consensus estimate by 8.62%. Over the last four quarters, GE Vernova has exceeded consensus EPS estimates twice and revenue estimates three times. The companys shares have increased by about 78% since the beginning of the year, outperforming the S&P 500s gain of 14.5%. However, the mixed trend in earnings estimate revisions has resulted in a Zacks Rank #3 (Hold), indicating that the stock is expected to perform in line with the market in the near future.
growth-positive
5 Off-the-Radar Energy Stocks Outperforming Their Peers
The article discusses the resilience of the U.S. stock market in 2025, driven by an AI-driven investment boom. Despite challenges in the energy sector, clean energy stocks like SolarEdge Technologies have seen significant gains. SolarEdge, an Israel-based smart energy company, has experienced a 161.4% year-to-date return, benefiting from AI-driven power demand and policy support. The U.S. Senates passage of the One Big Beautiful Bill Act (OBBBA) without excise taxes on solar has stabilized investor sentiment, supporting the U.S. clean energy supply chain. The article highlights the transformation in energy investment patterns, with a focus on electrification and AI-driven demand.
Public Trading
growth-positive
Zacks Investment Ideas feature highlights: GE Aerospace, Howmet Aerospace, Astronics and TAT Technologies
The article discusses the positive impact on aerospace and defense companies, particularly GE Aerospace and Howmet Aerospace, due to increased global defense spending and demand for fuel-efficient commercial aircraft. GE Aerospace saw a 23% revenue increase in Q2, driven by high demand for its engines. The article highlights the continued investment interest in these companies despite recent gains, with GE and Howmet expected to maintain high EPS growth. Astronics and TAT Technologies are also noted for their niche in specialized aerospace defense equipment, attracting investor attention.
Customers
growth-positive
Top 3D Printing Stocks for Higher Returns and Portfolio Growth
The article discusses the transformative impact of 3D Printing technology, highlighting its rapid advancement since the 1980s. Companies like Xometry, Proto Labs Inc., and Stratasys, Ltd. are leading the charge in this space, leveraging the technologys cost-effectiveness, customization, precision, and sustainability. 3D Printing is revolutionizing industries such as healthcare, aerospace, automotive, and consumer goods by enabling rapid prototyping, on-demand production, and the creation of complex shapes. The global 3D Printing market is projected to grow significantly, with North America leading the sector. The healthcare 3D Printing market is expected to see substantial growth, driven by advancements in personalized medical tools and prosthetics.
growth-positive
Investors Lock In On This GE Aerospace Peer. Here's Why.
The article highlights Elbit, a company that is gaining attention on Wall Street due to a pending breakout and the launch of a new next-generation system. This development is seen as a positive growth indicator for the company. The focus on innovation and advanced technology positions Elbit as a significant player in its industry, drawing interest from investors. The article suggests that Elbits strategic moves and product advancements are likely to enhance its market position and drive future growth.
Product Stage
growth-positive
Is Elbit Systems (ESLT) Outperforming Other Aerospace Stocks This Year?
Elbit Systems, a prominent player in the Aerospace sector, has shown impressive performance in the year-to-date period, outperforming its peers with a 66.6% increase compared to the sectors average of 26.9%. The company, which is part of the Aerospace - Defense Equipment industry, has a Zacks Rank of #2 (Buy), indicating a positive earnings outlook. The Zacks Consensus Estimate for Elbit Systems full-year earnings has increased by 10.7% in the past quarter, reflecting strong analyst sentiment. The article also mentions GE Aerospace, another strong performer in the sector, with a year-to-date return of 56.1%. Both companies are recommended for investors interested in the Aerospace sector.
growth-positive
Syensqo Appoints Two New Board Members
Syensqo SA, a specialty chemicals company, announced the appointment of Dr. Cynthia Arnold and Augusto Di Donfrancesco to its Board of Directors, effective July 17, 2025. This change is part of the companys board succession planning, aiming to enhance its leadership with experienced professionals in technology, innovation, and operational excellence. Dr. Arnold brings extensive experience from her roles at Valspar Corporation and other major companies, while Mr. Di Donfrancesco has a strong background in growth and transformation from his tenure at Solvay. The appointments are expected to support Syensqos ongoing growth and transformation objectives.
Management Changes
growth-positive
GE Boosts Profit Outlook Amid Surging Demand for Jet Engines
General Electric Co. has raised its profit and free cash flow forecast for the year, driven by a rebound in demand for air travel and growth in its aerospace business. The company now expects 2023 adjusted earnings of $2.55 to $2.65 a share, up from a prior projection of no more than $2.30. Sales are expected to grow at a low-teens percentage rate while free cash flow will rise to as much as $5.1 billion. The companys aviation operations continue to experience rapid growth due to robust demand and solid execution.
CustomersExpand
growth-positive
Defense stocks, oil prices rising on Israel-Hamas conflict, aftermath
Defense stocks such as Lockheed Martin and RTX Corporation are seeing a positive start to the week as markets adjust following the recent Hamas attacks on Israel. The geopolitical conflict has led to a rise in oil prices, with energy stocks leading in sector gains. Yahoo Finances Jared Blikre provides an overview of how the markets are responding to the situation.
Customers
growth-negative
Airlines, Engine Makers Race to Track Down Bogus Spare Parts
Airlines and aircraft engine manufacturers are working to identify counterfeit spare parts that have entered the global fleet through UK supplier AOG Technics Ltd. Southwest Airlines has removed two suspect parts from one of its Boeing 737 aircraft, and CFM International, a joint venture of General Electric and Safran SA, has found fraudulent documentation for parts on 68 of its engines. CFM has filed a lawsuit against AOG Technics, seeking more information and the recovery of any parts in AOGs possession. No incidents linked to the suspect parts have been identified.
CustomersPartnersLayoffs
growth-positive
חברת GE Healthcare תשלם 6 מ ש לשנה בפרויקט מת"ם בחיפה
GE Healthcare has leased a 6,000 sqm space in the Matam Towers project in Haifa for a period of 10 years. The space will be used for offices and a development center. Matam Park is a science and technology park in Haifa, housing 70 companies and employing 12,000 workers. The park generates approximately 140 million shekels in revenue per year. The Matam Towers project is expected to be completed in 2022, with a total cost of 520 million shekels and expected annual revenue of 57 million shekels.
Expand
growth-positive
GE expands advanced imaging activities in Israel
GE Healthcare has received a NIS 50 million grant from the Israel Innovation Authority to expand its Rehovot center. The grant will be used to expand GE Healthcares activity in Tirat Hacarmel and Rehovot, particularly in the development of nuclear medicine and PET/CT systems. Noam Zilbershtain, the global manager of GE Healthcares detectors group, is responsible for the expansion. The company currently has 100 employees in Rehovot out of 500-600 employees in Israel.
InvestmentExpand
growth-positive
Office Tour: GE Digital Offices - Herzliya
Setter Architects has completed the innovative offices for GE Digital in Herzliya, Israel. The office design reflects the connection between the real visible world of heavy industry and the hidden virtual-digital world of software. The design incorporates partitions, lighting fixtures, and artwork that represent the software world. The office maximizes natural light and provides privacy and personal space for employees. The central cafeteria design is inspired by information layers and features a physical grid for shelves, planters, tables, and benches. The office design promotes a unique and distinctive atmosphere for GE Digital.
Partners
growth-positive
Israel grants $33 million to GE, Medtronic, Change Healthcare to boost R&D
Three multinational companies, Medtronic, GE Healthcare, and Change Healthcare, have received a government grant of 120 million shekels ($33 million) from the Israeli government. The grant aims to boost the presence of large companies in Israel and establish the country as a hub in biotechnology and medicine. The companies will use the grants to expand their research and development centers in Israel, which is expected to generate significant future tax income and create high-quality jobs in engineering and manufacturing. The program is part of an effort to promote digital health and inject new intellectual property into Israel.
PartnersInvestment
growth-positive
Office Tour: GE Healthcare Offices - Haifa
Setter Architects designed the new offices of GE Healthcare in Haifa, Israel. The design reflects GE Healthcares research and development of medical imaging through architectural elements. The office design celebrates GE Healthcares uniqueness and incorporates elements of medical imaging. The partitions in the workspace provide privacy while allowing the eyes to roam. The design features changing elements of wood that resemble the bodys inner organs. Natural materials and soft colors are used to showcase rich textures, creating a dialogue with MRI and CT images. The design is inspired by GEs cutting-edge technology and simplicity. The impact of the article on GE Healthcare is growth-positive.
Customers
growth-positive
GE buys Israeli-Japanese 'Internet of Things' startup for $40 million
General Electric is acquiring IQP Corporation, an Israeli-Japanese startup, for an estimated $30 million to $40 million. IQP develops a code-free development environment for apps for the Internet of Things. The acquisition will allow GE to enhance its Predix system and make it more accessible to partners. IQPs customers include Toyota, Fujitsu, and Motorola. The company employs 15 people who will be integrated into GEs Predix software project.
Acquisition
GE’s Story in Israel
http://www.geektime.com/2017/02/09/israeli-iot-startup-nurego-gets-swallowed-up-by-general-electric/
Israel General Electric has a new executive manager
growth-positive
http://www.jpost.com/Business-and-Innovation/Tech/Iron-Dome-software-company-mPrest-raises-20-million-442736
mPrest, the company behind Israels Iron Dome missile defense system, has raised $20 million in a series A fund-raising round led by GE Ventures and OurCrowd. The company aims to scale sales of its command-control systems, which have applications in managing smart electricity grids. The flexibility and adaptability of mPrests technology have contributed to its success, with its software already in use in various countries. The companys association with the Iron Dome platform has also boosted its sales. GE Ventures sees potential in partnering with mPrest and exploring applications of its technology for General Electric.
Investment
growth-positive
Israeli cyber-security firm gets GE award for Internet technology
GE has invested $10 million in Israeli cyber-security firm ThetaRay and presented the company with its Industrial Innovation Award. ThetaRays technology will be used in GEs big data platform, Predix, for industrial and business cloud development. Predix offers companies apps to process cloud-based data and analyze information. The technology comes in handy for cloud sites seeking to protect their clients from hackers. ThetaRays system checks for anomalies both inside and outside a network to identify potential threats. ThetaRay was honored with an Industrial Innovation Award alongside PepsiCo, Pitney Bowes, and Salt River Project. GE considers ThetaRays technology a valuable component of the Predix microservice catalog.
Partners
growth-positive
GE launches Israel accelerator
General Electric (GE) has announced that it will operate an accelerator in Israel, focusing on cloud computing and big data with an emphasis on industrial Internet. GE has a market cap of $245 billion and has already invested in Israeli companies in the biomedical, energy, and cyber sectors. The accelerators first group of four software companies will start in July. GE aims to enhance the ability of companies to develop innovative solutions in the industrial Internet and provide them with a digital channel for their relevant market. The accelerator program is designed to help startups access customers and create marketing opportunities.
PartnersInvestment
growth-positive
GE opens Israel R&D software center
General Electric has opened a new R&D center in Herzliya Pituah, Israel, focusing on software development. The center will be integrated with GEs existing software center in Silicon Valley and will primarily focus on big data and information security. GE plans to invest $1 billion in developing additional capabilities, including in Israel, and aims to collaborate with startups, venture capital funds, and potentially make investments and acquisitions. The company sees a $3 trillion opportunity in helping businesses transform from analog to digital. GE is particularly interested in the fields of big data and information security, in which Israel excels. The new center is expected to contribute to the growth and expansion of GEs software and analytics capabilities.
InvestmentExpand
growth-positive
Intel And GE Healthcare Open Joint Test Lab In Israel
Intel and GE Healthcare have established a new laboratory in Israel to jointly test new technologies, focusing on optimizing their new products, such as GEs ultrasound diagnostic imaging systems.
Partners
growth-positive
General Electric to set up new Israeli R&D center
General Electric will open a multidisciplinary R&D center in Haifa, Israel, focusing on research in medical devices, water, and clean energy. The investment for the center is estimated to be $3-5 million. The center aims to establish partnerships with Israeli high-tech companies and academia. It will hire 12 researchers and be headed by Oded Meirav. The research team will focus on renewable energy, energy storage, smart grid, energy efficiency, water monitoring, purification, wastewater treatment, desalination technology, non-invasive medical devices, and advanced diagnostic tools. The centers researchers will collaborate with GE Capitals life sciences and energy funds. GE currently has 450 employees at seven centers in Israel.
InvestmentPartnersExpand
growth-positive
Orbotech earns $9m on medical co sale
GE Healthcare has completed the acquisition of Orbotech Medical Solutions, a company based on start-up Imarads technology. Orbotech received an additional $9 million from the sale, with the potential for an additional $5 million in milestone payments based on sales over the next three years. Orbotech Medical Solutions develops nuclear imaging systems using CZT crystals. The acquisition will help GE Healthcare further grow its nuclear medicine business. Orbotech decided to sell the business due to the heavy investment required for large sales. Orbotechs core business is the manufacture of automated optical inspection equipment, and it also has a medical business that includes Danish company 3D - Danish Diagnostic Development A/S.
Acquisition
General Electric Team
Employee Info
| Employees (range) | 500+ |
| Exact count | 951 |
| Team members | 5 |
Similar Companies
Similar companies data is computed dynamically and not stored in the entity profile. This section requires implementing a similarity query (e.g. by classification overlap, sector, district).
General Electric Internal
Recent Updates
Maor Perlov
· maor.perlov@sncentral.org · Manual · 2024-08-18 08:38:57.000000
Maor Perlov
· maor.perlov@sncentral.org · Manual · 2024-08-18 08:32:26.000000
Maor Perlov
· maor.perlov@sncentral.org · Manual · 2024-08-18 08:32:25.000000
Maor Perlov
· maor.perlov@sncentral.org · Manual · 2022-11-10 07:59:18.000000
Eran Levin
· eranl@sncentral.org · Automatic · 2024-12-22 06:40:06.000000
Maor Perlov
· maor.perlov@sncentral.org · Manual · 2022-10-25 12:44:52.000000
Maor Perlov
· maor.perlov@sncentral.org · Manual · 2022-11-05 13:10:33.000000
Maor Perlov
· maor.perlov@sncentral.org · Manual · 2022-11-10 08:05:52.000000
Maor Perlov
· maor.perlov@sncentral.org · Manual · 2024-08-18 08:32:26.000000
Maor Perlov
· maor.perlov@sncentral.org · Manual · 2024-08-18 08:34:23.000000
Maor Perlov
· maor.perlov@sncentral.org · Manual · 2024-08-18 08:26:47.000000
Maor Perlov
· maor.perlov@sncentral.org · Manual · 2024-08-18 09:17:36.000000
Maor Perlov
· maor.perlov@sncentral.org · Manual · 2022-11-10 08:04:09.000000
Eran Levin
· eranl@sncentral.org · Automatic · 2024-12-05 15:03:01.000000
Maor Perlov
· maor.perlov@sncentral.org · Automatic · 2024-08-18 09:29:01.000000
Maor Perlov
· maor.perlov@sncentral.org · Manual · 2022-11-10 08:02:59.000000
Eran Levin
· eranl@sncentral.org · Automatic · 2025-02-06 12:34:23.000000
Maor Perlov
· maor.perlov@sncentral.org · Manual · 2024-08-18 08:27:23.000000
Maor Perlov
· maor.perlov@sncentral.org · Manual · 2022-11-10 07:56:37.000000
Maor Perlov
· maor.perlov@sncentral.org · Manual · 2024-08-18 09:26:48.000000
Maor Perlov
· maor.perlov@sncentral.org · Manual · 2022-11-10 08:04:09.000000
Maor Perlov
· maor.perlov@sncentral.org · Manual · 2024-08-18 08:32:25.000000
Yamila Silbert
· yamila.urwicz@gmail.com · Manual · 2016-03-03 11:55:07.000000
Yamila Silbert
· yamila.urwicz@gmail.com · Manual · 2016-03-23 08:13:22.000000
Yamila Silbert
· yamila.urwicz@gmail.com · Manual · 2016-03-23 08:15:41.000000
Yamila Silbert
· yamila.urwicz@gmail.com · Manual · 2016-03-23 08:02:01.000000
Yamila Silbert
· yamila.urwicz@gmail.com · Manual · 2016-03-23 07:59:46.000000
Yamila Silbert
· yamila.urwicz@gmail.com · Manual · 2016-03-23 07:59:46.000000
Paz Eliav
· paze@cet.ac.il · Manual · 2016-02-23 14:33:07.000000
Paz Eliav
· paze@cet.ac.il · Manual · 2016-02-23 15:26:12.000000
Note: Free-text notes visible in the original Finder "Internal" tab are not present in the imported profile data. Only the update audit log is available.
Admin Info
| Confidence | 68/100 |
| Missing | product stage, sector, founding month, business model, video or image, funding rounds, markets, not claimed |
| BI Verification | Yamila Silbert |
| Crunchbase | general-electric |
| Phone | +972732434211 |
| Creator | Paz Eliav |
| Creator email | paze@cet.ac.il |
| Last updater | Maor Perlov |
| Updater email | maor.perlov@sncentral.org |
| Last update | 2024-08-18T00:00:00.000Z |
| Created | 2016-02-23T00:00:00.000Z |
| Status detail | Public on NYSE on Mar, 1979<br> |