Lulav Space News
3 articles
growth-positive
For Rafael, this is a major project that could be a force multiplier for it in the field.
Rafael Advanced Defense Systems has signed a collaboration agreement with Lulav Space to develop a drone interception system. Lulav Space, known for its precise guidance and navigation systems, has raised $1.5 million from Angular Ventures. The partnership aims to leverage Rafaels R&D capabilities with Lulavs innovative technology to create effective interception solutions. Additionally, Parazero Technologies has signed a letter of intent to acquire Lulav Space, aiming to enhance its anti-UAV protection system. The collaboration is expected to help Rafael capture a significant share of the growing UAV market, projected to reach $14.5 billion by the end of the decade. The article was published on August 18, 2025.
PartnersAcquisition
growth-positive
ParaZero Signed Non-Binding Letter of Intent to Acquire a Company that Specializes in Counter-Drone Systems and Autonomous Drone Technologies
ParaZero Technologies Ltd., an aerospace company, announced a non-binding Letter of Intent to acquire Lulav Space Ltd., a company specializing in counter drone systems and AI technologies. This acquisition aims to enhance ParaZeros capabilities in the CUAS field by integrating Lulavs expertise in autonomous solutions, precision navigation, and counter-drone applications. The acquisition, expected to close in the second quarter, will be completed through a combination of cash and equity. This move aligns with ParaZeros strategy to expand into the defense market and open new commercial opportunities. Lulavs technologies, including its Advanced Guidance Kit and Autonomous Navigation Kit, will add significant value to ParaZeros portfolio.
Acquisition
Ramon.Space and Lulav Space partner to navigate the Beresheet 2 lunar missions
