Economy · Full coverage
Rami Levy's Drone Company Moves Toward Tel Aviv IPO
How 5 Israeli newsrooms covered this story — translated into English and compared side by side.
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First reported by Globes · Jun 23, 2026
What happened
Cando Drones, owned by Rami Levy, has filed for an IPO on the Tel Aviv Stock Exchange and seeks to sell 19% of its shares at a 100 million shekel valuation. The company reported modest revenue, deep losses, and says some products are still under development. It previously tried other capital-market routes, including a failed merger attempt and a January 2026 fundraising round.
- 01Cando Drones filed a draft prospectus for a Tel Aviv IPO.
- 02The company seeks to float 19% at a 100 million shekel valuation.
- 03Revenue reached 7 million shekels in 2025, while losses widened to 11.9 million shekels in 2026.
- 04Rami Levy is the largest shareholder; Yoeli Or runs the company.
- 05Cando says some products remain in development and market adoption is uncertain.
Summary translated & synthesized from the sources below by baba. Read each original for the full report.
In this story
People
OrganizationsCando Drones, Tel Aviv Stock Exchange, Rami Levy Shikma Marketing, Retail Minds, Israir
Full coverage · 5 outlets
The same event, reported separately by each newsroom. Open a few to compare what each emphasizes — and what they leave out.
N12Center · HebrewJun 23, 2026
Rami Levy-backed drone firm seeks Tel Aviv listing at $83 million valuation
MakoCenter · HebrewJun 23, 2026
Rami Levy-backed drone company seeks Tel Aviv IPO at NIS 83 million valuation
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