Israeli drone-camera poducer reports strong profits and $400 million raise
After its share price surged 272% over the past year and an extraordinary 1,765% in the past three years, NextVision Stabilized Systems has announced plans to raise $400 million from both Israeli and foreign investors, according to the latest report in Israeli media.
The company, which specializes in producing stabilized cameras for ground and aerial platforms, including drones, is now on track to be included in the Tel Aviv 35 Index — the benchmark of the 35 largest companies on the Tel Aviv Stock Exchange — when the index is updated at the end of the year.
The bulk of the new investment will come from international investors, while only a small share will be provided by Israeli backers. The offering is being underwritten by US investment bank Jefferies.
The announcement came on the same day Prime Minister Benjamin Netanyahu addressed concerns about Israel’s growing international isolation and its economic and diplomatic challenges.
However, earlier this month NextVision chairman Chen Golan struck a more confident tone. “We expect that in the next three to seven years, defense budgets will increase as countries prepare themselves with the necessary tools,” Golan said. “I don’t believe any country will allow itself to be caught unprepared for the next conflict—whether it comes or not. That is why we are seeing such strong demand in the market.”
Golan went further, describing the current era as “the defense decade.” He explained: “Everyone is beginning to equip themselves, and these are long processes that cannot be completed in just a month or two. The war was a catalyst, and drones have now become a strategic tool. No country will permit itself to be unprepared for the next conflict. NextVision is strongly associated with the war, and it is true that the war served as the main catalyst for growth. But it has also transformed drones and UAVs into strategic assets for militaries worldwide. Everyone understands that in the next war, drones and UAVs will be used extensively across the globe.”
Financially, NextVision reported strong second-quarter results for 2025. Revenue rose 32% to $37 million, while net profit jumped 46% to $23.2 million compared to the same quarter last year.
The company’s order backlog reached $110 million, representing a 39% increase from the corresponding period a year earlier, though it was down 10% from the previous quarter.
By Tamilla Hasanova