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Space Florida, Israel Innovation Authority Award $600,000 in Funding to Fuel International Aerospace Collaboration

Published on July 3rd, 2026
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Space Florida, Israel Innovation Authority Award $600,000 in Funding to Fuel International Aerospace Collaboration

Space Florida, the state’s aerospace finance and development authority, and the Israel Innovation Authority, an independent publicly funded agency dedicated to fostering innovation ecosystems, announced the award recipients of the 13th round of funding from the Space Florida-Israel Innovation Partnership Program. To date, Florida and Israel have helped fund over $23 million in valuable and innovative research.

This year’s winners are two Florida-Israeli partnerships advancing next-generation aerospace and aviation technologies:  

  • MySky Eco, Inc. of Port Orange, FL and Airwayz  of Tel Aviv, Israel ($400,000)
  • SRF Consulting Group, Inc. of Tallahassee, FL and Mobility Insight LTD of Kfar Saba, Israel ($200,000)

MySky Eco and Airwayz will build on their first-phase success integrating Airwayz’s AI-powered traffic management system into MySky’s MS-1L aircraft. Phase II will push the aircraft to fly farther, higher, and more autonomously, with stronger navigation and communication systems, smarter AI-driven flight planning, and alignment with national air traffic standards — bringing both companies closer to a commercial-ready product and helping pave the way for safe drone integration into U.S. airspace.

SRF Consulting Group and Mobility Insight will roll out a smart traffic management system to help Central Florida’s busy roads run more smoothly — covering routes used by residents, major attractions, Orlando International Airport, and NASA’s Kennedy Space Center. After a successful test phase, the project will go live in partnership with FDOT District 5 and Brevard County. The system, called Mobi, uses AI to pull together real-time data — from traffic cameras and sensors to rocket launch schedules — to predict congestion before it happens and help keep the Space Coast moving.

The Space Florida-Israel Innovation Partnership Program has supported the research, development, and commercialization of aerospace and related technology projects for the benefit of Florida’s and Israel’s economy since 2013.  

The joint funding program was established in cooperation and ongoing support of Select Florida and continues to fund projects with transformative implications for the aerospace industry. Through this collaboration, Florida-based companies have gained access to Israeli technological expertise and innovation, while Israeli companies have benefited from the state’s thriving aerospace ecosystem.

More information can be found at Israel Innovation Authority Partnership | Space Florida.

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