The world’s first operational high-energy laser interceptor is set to significantly reduce interception costs.
(March 28, 2025 / JNS) Rafael Advanced Defense Systems concluded 2024 with record-breaking sales and a significant milestone: the impending operational deployment of its Iron Beam laser defense system.
Iron Beam has a range of up to 10 km. (6.2 mi), complementing the Iron Dome system, which intercepts projectiles fired from a greater distance.
The Haifa-based company reported a 27% increase in sales, reaching 17.8 billion shekels ($4.8 billion), and a 24% rise in its order backlog to 64.7 billion shekels ($17.5 billion), equivalent to more than three-and-a-half-year’s work. Net profit surged 64% to 950 million shekels ($257 million), driven by a strong fourth quarter in which sales hit 5.4 billion shekels ($1.46 billion)—a 20% year-on-year increase.