Yuval Steinitz
The Iron Beam high-power laser system can track and destroy rockets, mortars, aircraft, and UAVs at a fraction of the cost of defensive missiles.
Israel can no longer be satisfied with the “appearance of victory in the eyes of its enemies,” says Deputy Knesset Speaker Zvi Hauser of the New Hope Party.
Its objectives include improving in the energy-consumption-per-GDP figure; a shift towards a solar-based energy market; and investment in innovative energy technology.
“This is an important day, marking our continued cooperation,” Israeli Prime Minister Benjamin Netanyahu tells Egyptian Petroleum Minister Tarek el-Molla.
Israeli Energy Minister Yuval Steinitz estimated that the likely time frame is closer to six months.
US, Israeli governments team up to invest $7.15 million in clean energy
The total value of the projects is $17.4 million, which includes $10.25 million in cost-share from the companies selected for funding.
The move “reflects Israel’s new status as a regional energy power,” says Energy Minister Yuval Steinitz.
Israel-Lebanon maritime border talks stall
Israeli Energy Minister Yuval Steinitz says the Lebanese government has “changed its mind seven times”; Lebanese President Michel Aoun calls the claims “baseless.”
Israeli Prime Minister Benjamin Netanyahu hails the development as a “tremendous revolution in the supply of energy to the State of Israel.”
The Israeli-Lebanese announcement “offers the potential for greater stability, security and prosperity for citizens in both nations,” says U.S. Secretary of State Mike Pompeo.
Israeli Energy Minister Yuval Steinitz proposed that the Emiratis join a regional forum to export natural gas from the eastern Mediterranean.
Yuval Steinitz says closing the country down to combat the rapid rise in COVID-19 cases will benefit the economy in the long term, arguing that the government was too quick to ease restrictions.