| July 1, 2023 |
The Virginia Israel Advisory Board |
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| The Virginia Israel Advisory Board (VIAB) is a state agency that helps Israeli companies build and grow their businesses in the U.S. We provide free consultations to obtain grants and incentives; site selection, workforce development and help build lasting partnerships. We also facilitate Virginia concerns to access Israeli know how and technologies. |
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Virginia Ranked America's Top State for doing Business
2 years in a row in CNBC’s state competitiveness rankings. Virginia has captured top honors five times - more than any other state.
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Virginia News for Israeli Companies |
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Zim American to invest $30 million + 300 new jobs in U.S. HQ in Virginia
The expansion includes a move to Virginia Beach from Norfolk (where the company has had its U.S. headquarters since 2001). Currently Zim employs about 280 in Norfolk and has contributed more than $1 Billion to the Virginia economy.
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Israeli companies building operations in Virginia
Israeli company Starplast investing $17.7 million that will create 300 jobs at its new manufacturing plant and distribution center in Chesterfield County.
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UVision USA Corporation
A developer of unmanned military systems, will invest $2.2 million to establish a production and training center at the Quantico Corporate Center next to the U.S. Marines HQ in Stafford County.
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Pure Salmon $228 million Aquatech Investment
Continues to build its facility in Tazewell/Russell counties. The project has generated interest from other Israeli aqua-cultural and agricultural related prospects considering Virgina for their operations.
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| Israeli-Virginia joint venture funded by US-Israel Bi-National Research and Development - BIRD Foundation |
| A year after investing $2-million in R&D , Israel’s Over-SAT and Virginia-based MIL-SAT created a commercial venture in Virginia to bring to market their RIGEL Satcom Terminal. VIAB works closely with the US-Israel Bi-National Research and Development - BIRD Foundation to pair Virginia companies with Israeli concerns seeking U.S. partners to receive non-dilutive matching funding. Last year, two other Virginia companies received $1m awards. In addition, Virginia Tech’s partnered with Israeli Waves Audio and received BIRD funding.
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United States-Israel Future of Warfare Research and Development Fund,
$50 million annually in each of the next five years, to address challenges including artificial intelligence, automation, cybersecurity and directed energy.
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UVeye, and MaxCar agreement. The Tel Aviv based company uses artificial intelligence, machine-learning, sensor- fusion and high-speed-camera systems to inspect vehicles.
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Tech companies specializing in defense contracts, AI, space, cloud computing and healthcare are thriving in Virginia walking distance from Washington D.C. and the D.C. Region.
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Largest Concentration of Tech workers in the US
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| Amazon building a $2.5 billion Innovation Center and East Coast HQ in Virignia |
| Amazon's East Coast HQ and $2.5B Innovation Centers in National Landing Virginia a transformation smart city walking distance from the White House in the heart of the U.S.'s largest concentration of tech workers. National Landing, includes Virginia Tech's $1B Innovation Campus that partners with leading companies (e.g. Boeing contributed $50m, Northrop Grumman $15m) the Department of Defense; world leading transportation research center is ideal for Israeli Tech companies to launch their US operations. |
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$2.5 BillionCapital Investment
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25000New Jobs
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| Global HQs for Boeing and Raytheon |
| Boeing and Raytheon move global HQs to Virginia joining Northrop Grumman and General Dynamics making it the largest concentration of Federal and Defense contractors |
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Israel News for Virginia Companies |
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| VIAB Space Tech Event with NASA and the Israel Space Agency advanced private sector collaborations |
The VIAB convened 16 speakers from NASA; Israel Space Agency; startups & established space tech companies; Israel Embassy; US-Israel R&D fund (BIRD); Virginia Tech Prof. & Virginia Innovation Partnership Association VIPA. at Virginia Tech Executive Briefing Center.
The event was part of the on-going activities of the Israel Innovation Center (U.S.) at National Landing a $12B transformational smart city anchored by Amazon’s Innovation Center (planned 25,000 workers) and Virginia Tech’s Innovation Campus; walking distance from the White House with direct flights from Tel Aviv.
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| Enabling Technologies to build a Trillion-dollar Space Market: |
Scott Ingram, CEO of Virginia-based Scout, with Dr. Eliad Peretz of NASA's Goddard Space Flight Center, holding Scout’s space debris identifier.
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NASA’s Dr. Eliad Peretz Lead Researcher for New Space Missions at NASA Goddard Space Flight Center; Virginia Tech’s Dr. Vassilios Kovanis, Director of the Masters of Engineering Program and Innovation faculty member; Eric Ingram CEO of SCOUT and is a commercial spaceflight regulatory expert who was an Aerospace Engineer at the FAA Office for Commercial Spaceflight
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Homeland security, smart building, and cybersecurity event with Israeli Ministry of Economy & BIRD Foundation led by Fairfax County, Virginia
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