IAI invests in two cyber companies in Holland and Hungary

Israel Aerospace Industries (IAI) is investing millions of dollars in two cyber companies in Holland and Hungary, IAI has announced at the Cyber Week conference held in Tel-Aviv, Israel. The investments, which are carried out through the IAI’s Cyber Division, are meant to expand IAI’s cyber R&D and its global footprint in this field.
In Holland, IAI is investing in Inpedio BV, a provider of cutting-edge cyber security solutions to governments and enterprises. Inpedio BV offers ‘Zerox’, which detects and stops exploitation attempts without a set of signatures, thus addressing the unknown and known vulnerabilities the same time. Using Zerox’ anti-ransom ware detection and prevention module provides a novel solution for this emerging threat. Inpedio’s ‘Mercury’ product works with a multilayer approach to protect cellular iOS and Android devices from sophisticated attacks by integrating the protection layers of the devices with those of network and communications layers.
In Hungary, IAI is investing in Cytrox, which provides governments with operational cyber solution for design, management and implementation of cyber intelligence as well as innovative engines for gathering intelligence from end devices and cloud services.
The new investments add to IAI’s existing cyber operations in Israel, Switzerland and Singapore. Secura Group from Singapore has recently invested US$4.5m in Custodio Technologies IAI’s R&D center in Singapore in exchange for 20% of its shares.