Close Menu
    Middle East FNMiddle East FN
    • Automotive
    • Business
    • Entertainment
    • Health
    • Lifestyle
    • Luxury
    • News
    • Sports
    • Technology
    • Travel
    Middle East FNMiddle East FN
    Home » Cortica, a Pioneer in Autonomous AI Valued at Hundreds of Millions of Dollars, Appoints Defense-Tech worldwide Investment business Executive Meron Raz as Chairman of Iron Brain
    PR Newswire

    Cortica, a Pioneer in Autonomous AI Valued at Hundreds of Millions of Dollars, Appoints Defense-Tech worldwide Investment business Executive Meron Raz as Chairman of Iron Brain

    July 15, 2026
    Facebook WhatsApp Twitter Pinterest LinkedIn Telegram Tumblr Email Reddit VKontakte

    Raz, one of the pioneers of Israel’s Homeland Security (HLS) industry and a leading figure in defense investment and business development, will lead Iron Brain, a defense-tech company developing advanced artificial intelligence systems for intelligence, defense and homeland security applications

    TEL AVIV, Israel, July 15, 2026 /PRNewswire/ — Following several multimillion-dollar exits, Meron Raz (51), one of Israel’s most prominent and experienced defense-tech executives, has been appointed Chairman of the Board of Iron Brain, one of Israel’s most promising defense-tech startups, following his nomination by Cortica, a shareholder in the company.

     

    Meron Raz, one of Israel's most prominent and experienced defense-tech executives

     

    Raz brings decades of experience in leading technology companies, investments, mergers and acquisitions, and international business development.

    Raz currently serves as Chairman of Navigicom, which develops advanced navigation systems for civilian and military applications that operate without GPS; Chairman of Axon Pulse, which develops artificial intelligence systems for a wide range of defense applications and is a Board Member at chairman of Quantzilla, focused on quantum computing solutions for automation, healthcare and financial services. In 2022, Raz co-founded Aryo Ventures, an investment platform focused on technology transfer and industrial offset transactions worth hundreds of millions of dollars across the defense, energy, agriculture and medical sectors.

    Throughout his career, Raz has held a series of senior positions in Israel’s defense and technology industries. He previously served as CEO of the publicly traded MER Group, led a significant exit in the travel technology sector, sold the optical communications company Civcom in a transaction valued at approximately $40 million, and served as executive Vice President of Mergers & Acquisitions (M&A) and Business Development at ELTA, Israel Aerospace Industries (IAI), where he played a key role in advancing strategic transactions and international partnerships.

    Raz is currently completing a major industrial offset transaction in the United Arab Emirates valued at tens of millions of dollars. In recent years, he has worked extensively with the UAE, Morocco and other Arab countries, connecting innovative Israeli technologies with strategic national projects.

    Raz is one of the most experienced investor executives to have shaped Israel’s Homeland Security industry. Over the years he has led and won major international projects, including the security systems tender for the Athens Olympic Games, airport security projects and numerous homeland security initiatives worldwide.

    Commenting on his appointment, Meron Raz said: “I am excited to invest and join Iron Brain and lead the company through its impressive growth trajectory. Israel’s defense-tech industry is currently at an unprecedented peak, earning tremendous recognition worldwide and attracting exceptional interest from governments, armed forces and investors. It is a great privilege for me to have been part of the generation that helped build this industry from its earliest days, and now to help another innovative Israeli company become a significant player on the global stage.”

    Photo – https://mma.prnewswire.com/media/3006175/Meron_Raz.jpg

    Cision View original content:https://www.prnewswire.co.uk/news-releases/cortica-a-pioneer-in-autonomous-ai-valued-at-hundreds-of-millions-of-dollars-appoints-defense-tech-worldwide-investment-business-executive-meron-raz-as-chairman-of-iron-brain-302826358.html

    Related Posts

    entourage CEO Mohammed Tayem urges regional creative businesses to turn homegrown ideas into global exports

    October 29, 2026

    Agthia Academy Completes First International Programme, Advancing Emirati Talent in Food Production

    October 29, 2026

    Italiacamp’s Hubs for Made in Italy and IP Excellera enter a strategic agreement to support the next phase of Italian business in the Middle East

    October 29, 2026

    HelpMeSee Releases New Pathway to Eliminating Cataract Blindness by 2045

    October 29, 2026

    STARTRADER Begins Second Season as Official Partner of the NBA

    October 29, 2026

    MARIA BARTIMORO TO HOST AMERICA BUSINESS FORUM 2026

    October 29, 2026
    Recent Highlights

    Apple brings Touch and PROLED XDR display to MacBook Pro

    October 29, 2026

    Integrated Identity Enters Global Top 0.1% with Rare 100/100 Google PageSpeed

    October 29, 2026

    Cyclone Arnab kills three as India evacuates thousands

    October 29, 2026

    Brent tops $115 as US-Iran strike reports lift oil

    October 29, 2026

    Ebola death toll in DR Congo nears 4,900 as cases pass 10,000

    October 28, 2026

    UAE leaders honour flydubai crew for courage in air incident

    October 28, 2026

    Sheikh Khaled and Carney discuss UAE-Canada ties in Ottawa

    October 28, 2026

    Fertiliser costs from Iran war put African harvests at risk

    October 27, 2026
    © 2026 Middle East FN | All Rights Reserved
    • Home
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.