The accelerator firm, founded in 2012 and a subsidiary of Elbit Systems, seeks to support innovative startups with unique technologies by providing mentoring, know-how, and access to technological experts and infrastructure. They focus on sectors such as nanotechnology, augmented reality, information technology, networks, software, information and communication technology, and cyber and automation. Incubit Ventures also offers assistance in building a viable and risk-managed R&D plan, access to a global network for partnership and investment opportunities, and can facilitate technology licensing or strategic alpha customer opportunities for technologies that are synergetic to Elbit Systems activities.