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Elbit Systems Ltd.

Elbit Systems’ Surgeon-Centered Visualization Spin-Off, Beyeonics, Raises $11.5 Million

6/13/18: Bezhalel (Butzi) Machlis, President and CEO of Elbit Systems, commented: "Having completing this funding round on the heels of Cyberbits' investment announcement, attests to the commercial potential of our technologies. We are proud to have spun-off a company that leverages some of our unique technologies to materially enhance surgeons' capabilities in the operating room. This investment will enable Beyeonics to expand product development, to include additional surgical applications and to accelerate commercialization."