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Another Prominent Defense Technology Leader Joins BiomX: Prof. Gabby Sarusi, Former VP and Chief Scientist at Elbit

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BiomX (NYSE American: PHGE) appointed Prof. Gabby Sarusi as Strategic Advisor on June 2, 2026. He will support expansion into defense, security, critical infrastructure, and first-response sectors, advising on technology evaluation and long-term growth strategy.

Prof. Sarusi brings senior defense-industry, academic, board, and entrepreneurial experience in advanced imaging and sensing systems.

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Positive

  • Appointment of Prof. Gabby Sarusi as Strategic Advisor to BiomX
  • Advisor brings 17 years of senior leadership experience at Elbit Systems Electro-Optics
  • Expertise in infrared detectors, SWIR imaging, terahertz sensing, and advanced sensing technologies
  • Role focused on defense, security, critical infrastructure, and first-response market opportunities
  • Experience on boards of Israel Aerospace Industries, SCD, Opgal, and Medigus
  • Background in founding companies in AI, augmented reality, nanotechnology, and optical diagnostics

Negative

  • None.

News Market Reaction – PHGE

-15.83%
21 alerts
-15.83% Session close to close
-26.0% Trough in 27 hr 43 min
$10.55M Market Cap
0.1x Rel. Volume

In the Jun 2 session, PHGE declined 15.83%, reflecting a significant negative market reaction. Argus tracked a trough of -26.0% from its starting point during tracking. Our momentum scanner triggered 21 alerts that day, indicating elevated trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock dropped -15.8% in the session following this news. A negative reaction despite the appoint...
Analysis

The stock dropped -15.8% in the session following this news. A negative reaction despite the appointment of a prominent defense technologist would fit a recent pattern where positive strategic updates were followed by declines. The market had already been contending with a $19.1M quarterly net loss, cash of only $1.2M, and going‑concern language, alongside an effective S‑3 for 5,310,933 resale shares and sizable Series Y preferred and warrant structures. These factors, plus prior insider net selling, could reinforce skepticism toward governance or advisory news alone.

Key Figures

Q1 2026 net loss: $19.1 million Cash and equivalents: $1.2 million Registered resale shares: 5,310,933 shares +5 more
8 metrics
Q1 2026 net loss $19.1 million Quarter ended Mar 31 2026
Cash and equivalents $1.2 million As of Mar 31 2026
Registered resale shares 5,310,933 shares S-3 shelf prospectus Feb 9 2026
Shares outstanding 1,593,516 shares As of Feb 3 2026
Series Y private placement $3.0 million Dec 2025 Series Y preferred financing
Convertible note $3,000,000 Convertible note highlighted in Apr 5 8-K
Series Y dividend rate 15% annually Terms of Series Y preferred stock
Warrants issued 3,300,000 shares @ $2.50 Warrants in Series Y financing

Historical Context

5 past events · Latest: Jun 01 (Positive)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Jun 01 Product suite expansion Positive -17.5% Expanded Zorronet autonomous C5ISR suite for secure on‑premise and hybrid use.
May 27 Executive appointment Positive -4.3% Appointed IDF Colonel (res.) Roy Timor‑Rousso as CBO to drive defense focus.
May 06 Product launch Positive -3.5% Zorronet launched secure mobile AI command‑and‑control app for field operators.
Apr 16 Customer pilot & deal Positive -6.6% Israel Railways pilot with 98% success and framework for AI detection stations.
Apr 13 Defense acquisition Positive -9.0% Agreement to acquire DFSL, pairing LADAR sensing with Zorronet AI platform.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Across the last five news events, largely strategic and operationally positive announcements were followed by negative 24-hour price reactions, suggesting a pattern of selling into news.

Recent Company History

Over the past few months, BiomX has been pivoting from biopharma to defense and security, highlighted by the DFSL acquisition, Zorronet’s AI-powered rail pilot with a 98% success rate, and the launch of mobile AI command-and-control tools. Governance and leadership changes, including the appointment of a Chief Business Officer for defense operations, reinforced this strategic turn. However, each of these announcements, including the expanded Zorronet C5ISR suite on Jun 01 2026, was followed by negative price reactions, indicating persistent market skepticism toward the transition and financial backdrop as today’s advisor appointment continues that narrative.

Key Terms

swir imaging, terahertz sensing, nanophotonics, infrared detectors, +4 more
8 terms
swir imaging technical
"His research focuses on infrared detectors, quantum photonic devices, nanophotonics, SWIR imaging..."
SWIR imaging uses sensors that capture short-wave infrared light just beyond what the human eye can see, producing images that reveal details hidden in visible light—such as moisture, heat differences, or features under haze or coatings. For investors, SWIR matters because it enables higher-value uses (like quality control in manufacturing, advanced surveillance, and improved sensors for vehicles and agriculture), shaping demand for specialized optics, chips, and equipment in growing technology markets.
terahertz sensing technical
"His research focuses on infrared detectors, quantum photonic devices, nanophotonics, SWIR imaging, terahertz sensing..."
Terahertz sensing uses very high-frequency electromagnetic waves, between microwaves and infrared light, to detect materials, hidden structures or chemical signatures without touching them — like using a radio that sees through layers instead of just hearing sound. Investors care because it can enable new products and services in security scanning, quality control, medical imaging and wireless communications, creating potential revenue streams, partnerships and competitive advantages for companies that commercialize it.
nanophotonics technical
"His research focuses on infrared detectors, quantum photonic devices, nanophotonics, SWIR imaging..."
Nanophotonics is the study and use of light at extremely small scales — billionths of a meter — where materials and devices behave differently than they do at normal sizes. For investors, it matters because these tiny light-control technologies can enable faster chips, improved sensors, more efficient communications and new medical diagnostics, similar to how shrinking cameras made smartphones much more capable, creating potential new markets and competitive advantages for companies that commercialize them.
infrared detectors technical
"His research focuses on infrared detectors, quantum photonic devices, nanophotonics..."
Infrared detectors are electronic sensors that 'see' heat and light beyond the visible spectrum, converting temperature differences or infrared light into electrical signals. Think of them as heat-sensing eyes used in night-vision cameras, thermal scanners, industrial monitoring, and automotive safety systems. Investors care because advances, manufacturing capacity, and cost reductions in these sensors can drive sales across defense, consumer electronics, healthcare and automotive markets, affecting revenue growth and competitive position.
thermal imaging systems technical
"Director of Development for advanced thermal imaging systems. During his tenure, he was involved..."
Devices that detect invisible heat and turn it into a visual image so you can see temperature differences, like a camera that sees warmth instead of color. Investors care because these systems are used across many industries — from building and equipment inspections to security, automotive safety, and healthcare — creating multiple sales channels, recurring service or software revenue, and exposure to efficiency and safety regulations that can drive steady demand.
hyperspectral observation technical
"development and management of technologies related to satellite cameras, aerial imaging systems, hyperspectral observation..."
Hyperspectral observation is a method of gathering detailed light information across hundreds to thousands of very narrow color slices, including wavelengths humans cannot see, so you can identify materials and chemical signatures from a distance. For investors, it matters because this richer data lets companies monitor crops, mines, pollution, infrastructure or medical conditions more accurately, enabling new products, efficiency gains, better risk control and revenue opportunities similar to upgrading from a basic photo to a high-resolution diagnostic scanner.
augmented reality technical
"co-founded several technology companies, including companies active in artificial intelligence, augmented reality, nanotechnology..."
Augmented reality is technology that layers computer-generated images, information or sounds onto your view of the real world through devices like phones, tablets or smart glasses — like seeing navigation arrows or product labels projected onto what you’re looking at. It matters to investors because it creates new ways to sell hardware, software, services and ads, can change customer engagement and recurring revenue models, and carries adoption and privacy risks that affect company value.
quantum photonic devices technical
"His research focuses on infrared detectors, quantum photonic devices, nanophotonics..."
Quantum photonic devices are machines that use particles of light (photons) to carry and manipulate quantum information, enabling functions like ultra-fast computing, extremely secure communications, and highly sensitive sensors. Think of them as tiny light-based engines that promise big leaps in processing power and data privacy; for investors they represent a high-upside, capital- and research-intensive technology bet with long development timelines but potential to transform computing, telecoms, and sensing markets.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Defense-industry veteran brings experience developing imaging, sensing, and intelligence systems for aerospace, defense, and homeland security

NETANYA, Israel, June 02, 2026 (GLOBE NEWSWIRE) -- BiomX Inc. (NYSE American: PHGE) (“BiomX” or the “Company”), today announced the appointment of Prof. Gabby Sarusi as Strategic Advisor to the Company. Prof. Sarusi will advise BiomX as the Company as the company expands its presence in the defense, security, critical infrastructure, and first-response sectors, and drawing on his experience spanning technology development, operational leadership, and long-term strategic planning. His advisory role is expected to support management in evaluating new opportunities and advancing the Company's long-term growth strategy.

Prof. Sarusi brings a combination of scientific, defense-industry, commercial, and board-level experience. He currently serves as Full Professor and Head of the Photonics and Electro-Optics Department at Ben-Gurion University of the Negev. His research focuses on infrared detectors, quantum photonic devices, nanophotonics, SWIR imaging, terahertz sensing, and other advanced sensing technologies.

Prior to his academic career, Prof. Sarusi spent 17 years at Elbit Systems Electro-Optics, known as Elop, where he held senior leadership roles including Vice President and Chief Scientist, Vice President and Head of the Space and Air Imagery Intelligence Division, and Director of Development for advanced thermal imaging systems. During his tenure, he was involved in the development and management of technologies related to satellite cameras, aerial imaging systems, hyperspectral observation, infrared detectors, and thermal imaging systems.

Prof. Sarusi also served on the boards of several defense and technology companies, including Israel Aerospace Industries, SCD, Opgal, and Medigus. In addition, he has co-founded several technology companies, including companies active in artificial intelligence, augmented reality, nanotechnology, and optical diagnostics.

“Prof. Sarusi has spent much of his career working at the point where technology meets operational need,” said Michael Oster, Chief Executive Officer of BiomX. “Prof. Sarusi's candidacy for the chairmanship of Israel Aerospace Industries in 2025, supported by Israeli Defense Minister Israel Katz, speaks to the reputation and credibility he has built throughout Israel's defense and technology communities. His experience spans both the technology itself and the requirements of the organizations that depend on it. We are pleased to welcome him as a strategic advisor and look forward to benefiting from his insight and vast experience. As BiomX continues building around technologies that identify, track, and respond to physical threats, I believe his perspective will significantly advance our ability to evaluate opportunities with greater technical discipline while ensuring our strategy remains connected to the realities of defense, security, and critical-infrastructure adoption.”

“The defense and security market is moving toward systems that can detect earlier, interpret faster, and support more coordinated action,” said Prof. Gabby Sarusi. “BiomX is building around areas where sensing, intelligence, and response come together. I look forward to advising the Company as it evaluates technologies that can improve operational clarity and help security organizations respond more effectively to emerging threats.”

Prof. Sarusi holds dual bachelor’s degrees with honors in Nuclear Engineering and Materials Engineering from Ben-Gurion University of the Negev, a master’s degree with honors and a Ph.D. in Electrical Engineering from Tel Aviv University, and an Executive MBA from Tel Aviv University’s Recanati School of Business. He completed postdoctoral research at AT&T Bell Labs in New Jersey and NASA Jet Propulsion Laboratory in California.

About
BiomX Inc. is a company focused on acquiring and further developing technologies that identify, track, and counter physical threats across defense, security, critical infrastructure, and first-response sectors. The Company's portfolio is built around the growing need for earlier and more accurate threat detection, particularly as UAVs and other autonomous systems play a larger role in defense and homeland security.

Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include statements regarding BiomX’s strategic expansion in the defense, security, critical infrastructure, and first-response sectors; the expected benefits of Prof. Gabby Sarusi’s appointment as Strategic Advisor; the Company’s ability to evaluate, develop, acquire, integrate, commercialize, or deploy defense and security technologies; the Company’s ability to build and manage a portfolio of complementary defense and security businesses; and the potential benefits of technologies related to threat detection, operational awareness, sensing, intelligence, and response coordination.

These statements are based on current expectations, estimates, assumptions, and beliefs of BiomX management and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Such risks include, among others, BiomX’s ability to execute its strategic transition; the Company’s ability to identify, evaluate, acquire, integrate, develop, commercialize, and scale defense and security technologies; the ability to convert technical validations, supplier approvals, collaboration opportunities, or strategic initiatives into commercial deployments or revenue; BiomX’s going concern qualification in its recent financial statements; customer adoption; changes in cybersecurity, regulatory, procurement, export-control, and operational requirements; competition; technical, integration, performance, security, or deployment challenges; and other risks described in BiomX’s filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K, as supplemented by the Form 10-K/A filed with the SEC on April 30, 2026, Current Report on Form 8-K filed with the SEC on May 5, 2026, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and other filings. BiomX undertakes no obligation to update or revise any forward-looking statements, except as required by law.

Contact
Yair Ohayon
Yairo@biomx.com


FAQ

What did BiomX (PHGE) announce on June 2, 2026?

BiomX announced the appointment of Prof. Gabby Sarusi as Strategic Advisor. According to BiomX, he will help evaluate new opportunities and support the company’s long-term growth strategy in defense, security, critical infrastructure, and first-response markets.

Who is Prof. Gabby Sarusi, the new Strategic Advisor to BiomX (PHGE)?

Prof. Gabby Sarusi is a defense-technology veteran and academic leader. According to BiomX, he heads the Photonics and Electro-Optics Department at Ben-Gurion University and previously held senior roles at Elbit Systems Electro-Optics, focusing on imaging and sensing systems.

How could Prof. Gabby Sarusi’s appointment impact BiomX’s defense and security strategy?

His appointment is intended to strengthen BiomX’s strategy in defense and security markets. According to BiomX, he will advise on technologies that identify, track, and respond to physical threats, helping align product development with operational requirements of defense and security organizations.

What defense-industry experience does BiomX advisor Prof. Sarusi bring to PHGE shareholders?

Prof. Sarusi spent 17 years at Elbit Systems Electro-Optics in senior leadership. According to BiomX, he worked on satellite cameras, aerial imaging, hyperspectral observation, infrared detectors, and thermal imaging, experience that may guide the company’s technology evaluation and market focus.

In which technology areas will Prof. Sarusi advise BiomX (PHGE)?

Prof. Sarusi will advise in advanced imaging, sensing, and intelligence-related technologies. According to BiomX, his research covers infrared detectors, quantum photonic devices, nanophotonics, SWIR imaging, and terahertz sensing, aligning with the company’s focus on threat identification, tracking, and response.

What academic and professional background does BiomX advisor Prof. Sarusi have?

Prof. Sarusi holds degrees in nuclear, materials, and electrical engineering plus an Executive MBA. According to BiomX, he completed postdoctoral work at AT&T Bell Labs and NASA JPL, and now serves as a full professor leading photonics and electro-optics research.