Get Plus

Sign in to baba News

One account across the web, iPhone and Android — your subscription follows it.

or use an email code

Search stories

Type at least two characters. Results come from every newsroom baba reads.

↑↓ to move · ↵ to open · esc to close

Sign in to baba News

Sign in to keep asking. News Plus removes the daily limit.

or use an email code

VestyTech

Ex-Mossad Chief Yossi Cohen Joins Israeli Startup Quantum X Labs

Translated & summarized from Vesty by baba

CommunityNeutral tone

Russian · 12 newsrooms covering

Former Mossad chief Yossi Cohen has been appointed president of the scientific advisory board for Israeli startup Quantum X Labs, a move that boosted the company's stock by 10%. Cohen will help the company develop its quantum computing and cybersecurity technologies, aiming to leverage his experience and connections in the defense and infrastructure sectors.

The story in 5 lines · by baba

  • Yossi Cohen, former Mossad chief, appointed president of Quantum X Labs' advisory board.
  • Company shares rose 10% following the announcement, reaching $100 million market cap.
  • Cohen will focus on defense, aviation, space, and critical infrastructure sectors.
  • Quantum X Labs aims for a multi-thousand-qubit quantum computer by late 2027.
  • Cohen cited the company's "outstanding human capital and significant technological potential."
Ex-Mossad Chief Yossi Cohen Joins Israeli Startup Quantum X Labs
Editorial illustration generated by baba News, not a photograph of the event.

Former Mossad chief Yossi Cohen has been appointed president of the scientific advisory board for the Israeli startup Quantum X Labs. The announcement, made on Tuesday, September 15, saw the company's shares rise approximately 10% to a market capitalization of around $100 million. Cohen, who led the Mossad from 2016 to 2021 and previously headed the National Security Council, was instrumental in significant Israeli operations, including the 2018 acquisition of Iran's nuclear program archive and the formation of the Abraham Accords. He also joined SoftBank in 2021, overseeing its Vision Fund 2 activities in Israel and investing in cybersecurity firms like Cato Networks, Wiz, and Claroty, later becoming a strategic advisor in August 2026.

Cohen will join the existing scientific advisory board at Quantum X Labs, which includes Professor Oren Corland from Technion and Professor Oren Raz from the Weizmann Institute. The company aims to expand its operations, particularly in the defense, aviation, and space sectors, as well as in critical infrastructure protection. This appointment follows a similar move by former Mossad chief David Barnea, who became president of the American defense company Ondas.

Cohen stated he joined Quantum X Labs due to its "rare combination of outstanding human capital and significant technological potential," citing his experience in recognizing the necessary blend of people, technology, and vision for success. The company expects Cohen to aid in developing and implementing its technological and commercial strategies in quantum computing, cybersecurity, quantum communications, and sensors. Quantum X Labs aims to develop a modular platform for a multi-thousand-qubit quantum computer by the end of 2027. The company, which listed on NASDAQ in early May 2026, is in its early stages and has not yet reported significant profits or revenue.

Quantum X Labs CEO Yaki Baranes highlighted Cohen's role in advancing the company's unique capabilities, such as quantum sensing for navigation and synchronization, quantum error correction, and quantum cybersecurity, as they transition from research to real-world applications. The startup anticipates leveraging Cohen's expertise and connections to foster infrastructure investments, aligning with SoftBank's broader strategy in AI, data centers, and chips. Cohen's role will focus on prioritizing defense and critical infrastructure applications, promoting international partnerships, and commercializing the company's intellectual property.

VestyOther · Tel Aviv

Sign in to baba News

Sign in to follow newsrooms, topics and people.

or use an email code

TechTopic

Sign in to baba News

Sign in to follow newsrooms, topics and people.

or use an email code

Mentioned

Open the Wire