Jerusalem, 4 August, 2025 (TPS-IL) — The Israel Innovation Authority (IIA) and the Israel Space Agency at the Ministry of Innovation, Science and Technology announced today (Monday) a 40 million Shekel ($) funding initiative to establish a national R&D laboratory that they said will serve as “Israel’s launchpad for space-bound technologies.”
The lab, they explained, is expected to give both established companies and early-stage startups a viable route to space, with the program offering at least 35% off market launch costs to eligible companies.
As part of a joint funding program of the National Research Infrastructure Forum (Telem), the initiative is designed to boost Israel’s global competitiveness in the rapidly growing space sector.
“The new lab will allow Israeli companies of all sizes to test and validate technologies in real space conditions,” said the IIA.
The space tech hub will also serve as a springboard for a full innovation ecosystem, which will support early-stage ventures, facilitate regulatory and licensing guidance, advance partnerships with global aerospace players, and accelerate research collaboration between academia and industry.