Israel Innovation Authority CEO Dror Bin to Step Down After 5 Years as He Pushes Quantum Center
Updated
Updated · The Jerusalem Post · Jul 29
Israel Innovation Authority CEO Dror Bin to Step Down After 5 Years as He Pushes Quantum Center
1 articles · Updated · The Jerusalem Post · Jul 29
Summary
Dror Bin said he will leave the Israel Innovation Authority after five years, arguing he has completed his role shaping state investment policy through COVID-19, war and startup-market strain.
Bin used his exit to press for a national quantum R&D center focused on testing and integrating Israeli hardware and software, not building a full machine, saying usable applications could arrive before 2030.
Israel accounted for about 10% of global private investment in early-stage quantum companies in 2025, he said, while more than $100 billion flowed into the broader tech ecosystem through funding and M&A.
That capital surge helped strengthen the shekel, squeezing startups with dollar funding and shekel costs; Bin said the authority is planning a special fund to extend runway for viable companies.
Bin cast Israel's next phase around regional AI-data-center cooperation, tighter tech regulation and new sectors including a 6 million-shekel BlueTech energy program, leaving his successor an ecosystem geared for the next innovation cycle.