Companies profiting from GENOCIDE
Palantir Technologies, the U.S. surveillance firm founded by Peter Thiel, expanded its support for the Israeli military after October 2023. The company has provided “automatic predictive policing technology, core defence infrastructure for rapid and scaled-up construction and deployment of military software, and its Artificial Intelligence Platform, which allows real-time battlefield data integration for automated decision-making.”
In January 2024, Palantir’s board met in Tel Aviv “in solidarity”. In April 2024, CEO Alex Karp dismissed concerns about civilian casualties by stating that Palantir had killed “mostly terrorists.”
Microsoft operates its largest research centre outside the U.S. in Israel, and has been “integrating its systems and civilian tech across the Israeli military since 2003”. In October 2023, Microsoft’s Azure platform supported the Israeli military’s overloaded cloud systems. According to an Israeli colonel quoted in the report, “cloud tech is a weapon in every sense of the word.”
Amazon and Google, through their $1.2 billion Project Nimbus contract, provide Israel with core cloud infrastructure for the military and government agencies.
IBM, which has operated in Israel since 1972, has operated the central database of the Population and Immigration Authority, “enabling collection, storage and governmental use of biometric data on Palestinians, and supporting the discriminatory permit regime of Israel.”
Hewlett-Packard (HP) “has long enabled the apartheid systems of Israel,” supplying technology to the military, prison system, and police.
NSO Group, infamous for its Pegasus spyware, is cited as a textbook case of “spyware diplomacy.” Founded by former Israeli intelligence officers, the company has licensed its tools to repressive governments worldwide and used them to surveil Palestinian activists, journalists, and human rights defenders.
Financing Occupation
The financial industry underpins much of the infrastructure of occupation and genocide. Israeli treasury bonds, underwritten by global banks such as Barclays and BNP Paribas, have provided critical financing to the Israeli government. Asset managers like Blackrock, Vanguard and Allianz’s PIMCO were among more than 400 investors from 36 countries to purchase these bonds.
Blackrock and Vanguard are also among the largest shareholders in Lockheed Martin, Palantir, Microsoft, Amazon, and Chevron. Their funds distribute these investments across global markets via ETFs and mutual funds, spreading complicity to millions of unwitting investors.
Energy and resources
Glencore and Drummond Company dominate coal exports to Israel, primarily from Colombia and South Africa. Even after Colombia announced a suspension of coal exports to Israel in 2024, shipments continued through subsidiaries.
Chevron, which supplies over 70% of Israel’s energy, paid $453 million in royalties and taxes to the Israeli government in 2023. The company profits from the Leviathan and Tamar gas fields and owns a stake in the East Mediterranean Gas pipeline, which passes through occupied Palestinian maritime territory.
BP, the British energy giant, expanded its presence in 2025 with new exploration licences in maritime zones off the Gaza coast, areas Israel occupies in violation of international law.
Machinery
Heavy machinery has long played a role in Israel’s occupation through the demolition of Palestinian homes and the construction of illegal settlements.
Caterpillar Inc. has supplied the Israeli military with bulldozers used to demolish Palestinian homes and infrastructure. Since October 2023, Caterpillar equipment has been used to “carry out mass demolitions – including of homes, mosques and life-sustaining infrastructure – raid hospitals and burying alive wounded Palestinians”. In 2025, the company signed another multi-million-dollar contract with Israel.
Heavy machinery producers Volvo and HD Hyundai have also been linked to the destruction of Palestinian property. After October 2023, Israel increased the use of this equipment, levelling entire districts in Gaza, including Rafah and Jabalia. The Israeli military reportedly obscured the logos of the machinery during these operations.
Volvo is also tied to the settlement economy through its joint ownership of Merkavim, a bus manufacturer serving Israeli colonies.