"Over the next few months we will be conducting full system test runs and may declare Magic Wand fully operational in the very near future," Col. (Reserves) Pini Yungman, head of the project for Rafael Advanced Defense Systems, said at a New Tech conference on military developments Tuesday, Ynetnews.com reported.
Yungman added the missile defense system's development has progressed faster than initially planned.
"The system would be able to tackle threats which are currently considered only potential. The purpose is to be able to target all short-range missiles, as well as cruise missiles and targets the Arrow missile system opts to defer," the Web site quoted him saying.
Once operational, the Magic Wand system will fill a gap in Israel's multi-layered missile defense system designed to intercept rockets and missiles fired by Iran, Syria, Hezbollah in Lebanon or Hamas in Gaza.
The Iron Dome system can shoot down short range missiles such as the Qassam rockets fired at Israel from Gaza, and the joint Israeli-American Arrow missile system has the ability to intercept long-range missiles such as the Iranian Shihab missile.