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ELRON VENTURES STRENGTHENS BOARD AND EXECUTIVE LEADERSHIP TO ADVANCE ITS INVESTMENT AND M&A STRATEGY

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Company plans to expand senior management and establish a Strategic Advisory Board

TEL AVIV, Israel, Nov. 3, 2026 /PRNewswire/ — Elron Ventures Ltd. (TASE: ELRN) (“Elron”), a publicly traded investment company focused on early-growth investments in Defense Tech, Deep Tech, Cybersecurity and AI as well as M&A activities announced a series of appointments to its Board of Directors. The Company has also advanced its search for a new Chief Financial Officer (CFO) and other senior executives to support the continued execution of its investment and M&A strategy.

Arieli Group, Elron’s controlling shareholder, is leading the ongoing efforts in collaboration with Elron’s management to strengthen the company’s leadership and professional capabilities, with a focus on advancing its business strategy and driving long-term shareholder value.

Mr. Dan Hoz, a member of the board of directors, has been appointed Interim Chairman. He previously served as Chairman at Elron, bringing extensive familiarity with the company’s operations, portfolio companies and business strategy. Mr. Hoz is a seasoned technology executive with extensive experience managing global businesses and leading strategic and business initiatives. He previously served as Managing Director of Siemens EDA in Israel and Vice President at Siemens Digital Industries Software, and earlier as CEO of Valor.

Ms. Dana Gerner, former Chief Financial Officer of Cellebrite, has been appointed as an External Director. Ms. Gerner brings extensive global financial expertise and a proven track record in developing growth strategies, leading capital markets activities and investor relations, along with senior executive experience at global, publicly traded technology and business companies.

Mr. Ido Heller, CPA, has joined the Board as an Independent Director. A former senior partner at PwC Israel, Mr. Heller held several senior leadership positions, including Head of Audit and Chief Risk Officer. He brings extensive expertise in capital markets, financial reporting analysis, and risk management, as well as experience advising public companies and boards of directors in Israel and internationally. He is also familiar with Elron’s business from his previous work with the company, in the capacity of auditor during his tenure at PwC. Heller currently serves as Co-CEO of Titan Group.

Mr. Yaniv Rog, an attorney with extensive experience providing legal, financial, and tax advisory services to public and private companies and controlling shareholders, has also joined the Board. Mr. Rog serves as a director of companies within the Alon Blue Square Group, including Dor Alon, as well as other companies across several sectors. He previously served as a Senior Partner at leading law firms, where he headed tax practices.

Elron previously announced an investment plan through Rafael Development Corporation Ltd. (RDC), the joint venture of Elron and Rafael Advanced Defense Systems Ltd. (Rafael), where the companies are equally funding a commitment of up to $300 million over a period of approximately three years, subject to the required approvals. The M&A strategy is focused on acquiring controlling stakes in dual-use technology companies serving both defense and civilian markets, alongside continued investment activity in early-growth companies across Cybersecurity, Deep Tech, Defense Tech and AI.

“We continue to execute on our investment and M&A strategy, and welcome the new board members, further demonstrating our commitment to enhancing the expertise and financial resources needed to execute on our strategy,” said Yaniv Shnieder, CEO of Elron Ventures and Co-CEO of RDC. “We are actively working to execute on our strategy of identifying, acquiring and building impactful companies across defense and civilian markets, creating long-term value for our shareholders.”

The Company also plans to further strengthen the senior management team and establish a Strategic Advisory Board to support the evaluation and execution of investment and acquisition opportunities. The M&A strategy strongly complements the Company’s existing investment strategy, which is primarily based on exits and secondary transactions.

About Elron Ventures

Elron Ventures Ltd. (“Elron”) is a technology investment firm focused on acquiring, investing in, and building companies across Defense Tech, Deep Tech, Cybersecurity, and AI. The Company operates through several investment vehicles, including RDC, CyberFuture, and Evergreen. In collaboration with Rafael Advanced Defense Systems, RDC is focused on acquisitions of early-stage dual-use and defense tech companies. Elron works closely with entrepreneurs and management teams to support the development and scaling of businesses addressing large and evolving markets, with a focus on infrastructure, mission-critical technologies, and long-term value creation. Elron is controlled by Arieli Group, a U.S.-based investment firm with extensive experience in private equity, venture capital, and international investments.

For more information, please visit www.elronventures.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other applicable U.S. securities laws, including statements regarding market trends, demand for technology solutions, and Elron’s investment strategy and future positioning. These statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially. Factors that may affect such outcomes include changes in market conditions, technological developments, competitive dynamics, portfolio company performance, and other risks beyond the Company’s control. Elron undertakes no obligation to update or revise any forward-looking statements, except as required by law.

Contact:

Investor Relations
Rony Gur Arie, Chief Financial Officer
Elron Ventures
+972-3-607-5555; ir@elron.com 

Media Relations
Maya Reitman, Head of Marketing
Elron Ventures
+972-3-607-5555; pr@elron.com 

 

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Saigon Technology: Why Businesses Fear Modernizing Software in the AI Era

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SYDNEY, Nov. 4, 2026 /PRNewswire/ — Modernizing an entire software system often leaves businesses with two choices: invest heavily in an in-house team for a project that may not require the same resources later, or work with an experienced partner that already has the expertise in place.

While outsourcing offers greater flexibility, it also raises concerns about data security, business disruption, and finding a partner capable of handling complex systems.

Saigon Technology, an award-winning software engineering company with an AI-native delivery approach, believes businesses shouldn’t have to sacrifice security or stability to modernize. With the right partner, they can move forward while keeping everything under control.

66% of Australian Enterprises Lack Full Data Access Visibility

At many businesses, the existing systems may hold customer records, financial data, and core business processes. Giving a partner full access can create risks that businesses are not willing to take.

But modernization does not always require handing over the keys to the entire system.

Instead, companies can limit access to specific parts of their software, keep sensitive data in protected environments, and require approval before major changes are made. External engineers can work with test data or selected modules while the business keeps control of its main systems.

This allows businesses to gain the skills they need without giving up oversight of their most valuable technology assets.

Then Comes the Fear of Disruption

Data security is only half the concern. What happens if a system upgrade interrupts orders, payments, or customer services? For businesses that rely on software every day, even a short disruption can affect customers, staff, and revenue.

Yet upgrading software does not always mean shutting down the old system and moving everything to a new one overnight.

A safer approach is to make changes step by step. Parts of the system can be upgraded while the rest continues running. Old and new systems may also run side by side, giving teams time to test changes, check data, and fix issues before a full switch.

With clear backup and recovery plans, businesses can reduce risk and maintain essential services throughout the process.

The Way Forward: Modernize Without Losing Control

These concerns raise a key question: how can businesses move faster without taking on more risk? The answer lies in choosing a development partner that works within the client’s rules, rather than asking the client to give up control.

Saigon Technology takes a security-focused approach to enterprise software modernization. Depending on project needs, its engineering teams can apply multi-factor authentication (2FA), data encryption, VPN-secured access, and role-based permissions to protect sensitive information. With 3 development centers in Vietnam, the company also brings the engineering expertise and capacity needed to upgrade critical systems while minimizing disruption to daily operations.

Saigon Technology holds ISO/IEC 27001:2022 certification for information security management and ISO 9001:2015 certification for quality management, reinforcing its commitment to secure software delivery.

“Businesses should not have to choose between keeping their systems safe and moving forward with new technology. A good engineering partner helps them do both, without putting daily operations at unnecessary risk.” Shared by Thanh Pham, CEO of Saigon Technology.

As AI creates new opportunities, Saigon Technology believes the businesses best placed to benefit will be those that can embrace change without losing control of what already works.

About Saigon Technology

Saigon Technology is an AI-driven software engineering company with over 400 engineers. Serving clients across Australia and global markets, the company combines AI expertise, secure engineering, and flexible delivery models to build sustainable digital solutions.

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I AM ALS COMMUNITY CELEBRATES AS ACT FOR ALS BECOMES LAW AND MAKES HISTORY

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Community Advocates, Including Co-Founders Brian Wallach and Sandra Abrevaya and I AM ALS Ambassadors Late Actor Eric Dane and Former Pro Wrestler Tanea “Rebel” Brooks, Drive Landmark Win Securing Up to $500 Million in Funding and Therapy Access, and a Continued Path to a Cure

Download Photos/Logo Here
I AM ALS Celebration Video for ACT for ALS

WASHINGTON, Nov. 3, 2026 /PRNewswire/ — I AM ALS and its national force of advocates are celebrating as the President signed the ACT for ALS reauthorization bill into law. This comes after the Senate approved the bill by unanimous consent with just hours left until the law expired, even after the House went home early. The I AM ALS community first identified a major gap in access to investigational treatments and co-authored the original ACT for ALS Act to address it in 2021. Now, with years of success underway, the law has five more years to scale research infrastructure and treatment access, representing an investment of up to an additional $500 million for ALS.

“Over the past 7+ years, this community has changed what’s possible in ALS,” said I AM ALS co-founder Brian Wallach. “The I AM ALS community’s leadership has brought us closer than ever to a cure by unlocking over $2 billion for federal ALS research, expanding and protecting access to life-changing therapies, and accelerating scientific breakthroughs. We thank our ALS congressional champions—including sponsors Senators Coons (D-DE) and Murkowski (R-AK) and Representatives Quigley (D-IL-05) and Calvert (R-CA-41)—and all the tireless advocates who helped renew this historic legislation for five more years.”

Today’s law passage is groundbreaking and thanks to the significant efforts of I AM ALS’ community-led movement. Since ACT for ALS was first signed into law, I AM ALS has monitored and reported on the ground-breaking success of its implementation. Leading into the reauthorization year, I AM ALS built and deployed a comprehensive, multi-pronged advocacy campaign, including:

Building and strengthening relationships with Congressional champions,Deploying a vast grassroots army of volunteer leaders from across the country,Partnering with researchers, other organizations, and celebrity ambassadors—most notably the late actor Eric Dane and professional wrestler Tanea “Rebel” Brooks—to strengthen and amplify our message, andEngaging with top experts in government affairs and public relations.

This year alone, I AM ALS held more than 430 in-person and virtual advocacy meetings and calls, secured more than 38,000 online actions, sent more than 95,000 emails, and gathered more than 20,100 petition signatures in the final weeks before expiration.

Unlike any other legislation the neurodegenerative landscape has ever seen, ACT for ALS has already invested hundreds of millions of dollars into ALS research, provided investigational therapy access for more than 800 patients who would not otherwise have qualified, and built lasting infrastructure for future learnings.

“These past months didn’t just get a critical bill passed; they inspired a community that continually renews itself, welcomes new advocates, develops new leaders, and ensures that every generation is ready to fight for the next breakthrough,” said Troy Fields, volunteer co-chair of the I AM ALS legislative affairs team, and person living with ALS. “ALS is relentless, but we continue to prove so are we.”

“For the past five years, the ACT for ALS has advanced scientific research and helped people with ALS access the promising treatments they need. This reauthorization of the bill continues that work and lends hope to a future where there is a cure for ALS,” said Congressman Quigley. “I’m glad this important bill was signed into law, and I’m thankful to my colleagues in both the House and the Senate for getting this done.”

“I’m thrilled that the ACT for ALS Reauthorization Act has been signed into law, renewing our commitment to finding cures and treatments for ALS,” said Rep. Calvert. “As a Co-Chair of the bipartisan ALS Caucus, I know just how hard those impacted by ALS have worked to get this bill enacted and I applaud their tireless advocacy. With the ACT for ALS Reauthorization Act officially signed into law, we celebrate this victory while remaining focused on the work ahead to end this terrible disease.”

I AM ALS is calling on supporters to thank the Congressional champions who helped make this law possible at bit.ly/A4A-TY 

About I AM ALS

I AM ALS is a nonprofit organization leading what STAT News called the most successful patient advocacy campaign this century. We built a community movement to harness collective power and find treatments and a cure for ALS faster, while also creating lasting, systemic change. Our focus is on three areas:

Advocating for federal policy change to drive research, support, and treatments for ALS.Improving quality of life by providing volunteer and support opportunities to advocates and people living with ALS.Mobilizing and empowering advocates to raise awareness about ALS and other neurodegenerative diseases, and increase visibility of the ALS experience.

Learn more at www.iamals.org

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SOURCE I AM ALS

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Atomic Mobile unveils multi-carrier IoT service connecting devices across the globe

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SPRING LAKE, N.J., Nov. 3, 2026 /PRNewswire/ — Atomic Mobile today introduced Atomic Orbit , a cellular internet service designed to maintain connectivity for IoT devices by utilizing multiple carrier networks. The service addresses the critical need for reliable data access in scanners, tablets, POS terminals, and smart meters that frequently move across varying signal environments. Atomic Orbit offers global reach across hundreds of operators worldwide.

Relying on a single carrier often leads to coverage gaps, especially for mobile assets or devices deployed in diverse geographic regions. Atomic Orbit solves this by providing access to three national carriers and 18 regional carriers within the United States, alongside global multi-carrier support. This architecture ensures that devices automatically switch to the strongest available signal, maintaining uptime for essential business operations. By eliminating the limitations of a single-provider model, the platform enables enterprises to deploy devices globally without the risk of localized dead zones.

Aaron Ogden, VP of of Customer Success, says “Over the years, I’ve worked across finance, energy, education, logistics, and healthcare, and I’ve seen how much day-to-day operations depend on reliable connectivity. Whether it’s a payment terminal processing a sale, a remote utility sensor reporting a reading, a fleet tracker sending its location, a field technician pulling up a work order on a tablet, or a backup solution, the connection matters wherever the work happens. A multi-carrier SIM gives organizations access to more than one network, helping keep devices connected as they move between locations or when coverage varies or fails.”

The implementation of eSIM technology further simplifies logistics, allowing enterprises to manage profits by reducing the operational complexity of physical hardware swaps when changing service plans or carriers. This flexibility is critical for organizations looking to scale their IoT footprint without increasing administrative overhead.

Core functionality

Network Agility: SIMs automatically transition between networks to secure the most robust connection available.Scalable Management: A centralized platform and API allow for bulk SIM management and the activation of both physical SIMs and eSIMs.Operational Transparency: Comprehensive audit logs track all modifications to SIM status, while integrated support ticketing systems streamline troubleshooting.

Learn more about Atomic Orbit at https://atomicmobile.com/products/orbit .

Atomic Mobile developed the product in response to direct requests from customers seeking a reliable multi-carrier service for connected devices both in domestic and international markets. The service is available now for enterprises requiring high-availability mobile connectivity. 

Media Contact:
Atomic Mobile
info@atomicmobile.com
www.atomicmobile.com

About Atomic Mobile
Atomic Mobile provides mobile connectivity and enablement solutions to MVNOs and enterprises worldwide. With a focus on reliability, transparency, and scalability, the company empowers its customers with comprehensive solutions across network services, usage visibility, billing, compliance, and customer operations.

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SOURCE Atomic Mobile

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