2025

Nvidia Unveils Plans for Campus in Northern Israel  

American chipmaker Nvidia has formally unveiled plans to build a major new campus in northern Israel, confirming that Kiryat Tivon has been selected as the site.  

The project, described by the company as a long-term strategic investment, is expected to reshape employment, housing demand and regional development across the north of Israel. Construction is slated to begin in 2027, with Nvidia planning to move its first teams into the site in 2031. Total investment in the campus is estimated at several billion shekels spread over multiple years.  

According to financial daily Globes, Nvidia has agreed to pay NIS 90 million, before VAT, for the initial parcel of land, in addition to covering infrastructure development costs. The first phase includes roughly 90 dunams, or about 22.5 acres, with further expansion anticipated later.  

Government approvals for the project have already been secured. The Israel Land Authority signed off on the allocation of the site, while Defense Minister Israel Katz provided the required authorization because the land is being acquired by a foreign-owned company.   

In November, Construction and Housing Minister Haim Katz said the planned campus would span about 160,000 square meters and eventually employ more than 8,000 people, though Nvidia has not yet publicly confirmed those figures. 

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SAO PAULO, Dec 19 (Reuters) – A court in Brazil’s Minas Gerais state has granted a preliminary injunction in favor of Brazilian company Coffee++, ordering international giant Nestle to stop using the Coffee+ brand, according to a court document seen by Reuters.

Judge Claudia Helena Batista granted Coffee++’s request for a provisional injunction on Wednesday, citing potential harm to the Brazilian company due to consumer “confusion” between the brands. 

Nestle may face unspecified fines if it fails to comply with the ruling and remove all items bearing the Coffee+ logo from physical and online points of sale, according to the ruling.

“The defendant’s (Nestle’s) use of an identical mark belonging to the plaintiff could cause harm to the applicant, given that it may generate confusion among the general consuming public,” Batista said. 

The ruling is provisional but Coffee++ has vowed it will not back down from the dispute.

“We will fight to the end to defend what we have built with legitimacy, hard work and love for Brazil’s coffee. What is at stake is not only Coffee++. We are defending the sovereignty of Brazilian brands,” said Coffee++ CEO and partner Leonardo Montesanto.

Coffee++ has been the legitimate holder of the trademark since 2020 “for products in the coffee segment,” it said.

Coffee++ is preparing for international expansion and will participate in trade fairs in Dubai and Paris in 2026, but faces “an attempt at elimination by one of the largest corporations in the world,” it said.

Nestle did not immediately respond to requests for comment. 

Coffee++ has already registered its trademark in more than 30 countries, including the European Union, Japan and Argentina, and is registering the brand elsewhere, it added.

The Brazilian company initially tried to resolve the matter out of court but to no avail, it said. Instead of a resolution, Nestle filed a lawsuit on September 24 seeking to invalidate the Coffee++ trademark in Brazil, the company said. 

“We will continue to act with full transparency and determination, taking all necessary legal measures to protect what is rightfully ours,” Montesanto said.

(Reporting by Roberto Samora in Sao Paulo; Writing by Oliver Griffin; Editing by Matthew Lewis)

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Dec 19 (Reuters) – The Space Development Agency, part of the U.S. Space Force, said on Friday it has reached agreements with four defense suppliers to build 72 satellites, worth about $3.5 billion collectively.

The agency said Lockheed Martin, L3Harris Technologies, Northrop Grumman, and Rocket Lab USA have signed fixed-priced contracts for 18 space vehicles each.

The infrared satellites, which will be used for missile warning, tracking and defense systems, are expected to be launched into low-earth orbit in 2029.

“The addition of these satellites will achieve near-continuous global coverage for missile warning and tracking, along with payloads capable of generating fire control quality tracks for missile defense,” said the agency’s Acting Director Gurpartap Sandhoo.

These satellites belong to Tranche-3 and support the space agency’s objective of launching a new tranche every two years to refresh its satellite architecture with updated technology.

In September, the first Tranche-1 space vehicle, a SpaceX Falcon 9 rocket, was launched from Vandenberg Space Force Base, California.

The agency plans to include a total of 154 operational space vehicles in Tranche-1, which will be ready for initial warfighting capability in 2027.

(Reporting by Aishwarya Jain in Bengaluru; Editing by Krishna Chandra Eluri)

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