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Full coverage· Economy· Updated

US Investment Giant Sells Stake in Defense Tech Firm for $330 Million

US investment fund Fidelity sold a significant portion of its stake in Israeli defense tech firm NextVision for approximately 1.3 billion shekels. The sale reduces Fidelity's ownership below a key threshold, with foreign entities reportedly buying a large part of the shares.

3 newsrooms · 1 language · since

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US Investment Giant Sells Stake in Defense Tech Firm for $330 Million
Illustration by baba

What happened

  1. 01Fidelity sold 5.7 million NextVision shares for 1.3 billion shekels.
  2. 02The sale reduces Fidelity's stake below the 5% 'interested party' threshold.
  3. 03Foreign entities reportedly purchased a significant portion of the sold shares.
  4. 04NextVision produces stabilized camera systems for military and civilian use.
  5. 05The company's stock has risen 16% since the start of 2026.
Translated and summarized by baba from Ice, the latest report. Read Ice’s original

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