Israel Acquisitions Corp. Announces LOI with Gadfin Aero-Logistics Systems

TEL AVIV, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Israel Acquisitions Corp. (NASDAQ: ISRL) today announced that it has signed a non-binding letter of intent ("LOI") for a proposed business combination (the "Combination") with Gadfin Aero-Logistics Systems ("Gadfin"), an Israeli technology company specializing in all-weather unmanned aerial delivery for necessary cargo such as medical supplies. Through the company's patented technology, its unmanned aerial vehicles, powered by Hydrogen Fuel cells, that are able to ...