Elbit Systems' (ESLT) Beyeonics Raises $36M

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Elbit Systems' Medical Device Spin-Off, Beyeonics, Raises $36 Million

October 3, 2021 2:53 AM EDT

HAIFA, Israel, Oct. 3, 2021 /PRNewswire/ -- Elbit Systems Ltd. (NASDAQ: ESLT and TASE: ESLT) ("Elbit Systems") announced today that its subsidiaries, Beyeonics Surgical Ltd. ("Beyeonics Surgical") and Beyeonics Vision Ltd. ("Beyeonics Vision"), concluded a financing round in an aggregate amount of $36 million. The financing round is comprised of an investment in Beyeonics Surgical and Beyeonics Vision in an aggregate amount of $26 million led by the Italian investment fund TechWald Holding and the Israeli investment fund Alive Israel HealthTech and... More