FORM 6-K

                       SECURITIES AND EXCHANGE COMMISSION

                             Washington, D.C. 20549

                           For the month of July 2007

                            TOWER SEMICONDUCTOR LTD.
                 (Translation of registrant's name into English)

                          RAMAT GAVRIEL INDUSTRIAL PARK
                    P.O. BOX 619, MIGDAL HAEMEK, ISRAEL 23105
                    (Address of principal executive offices)

     Indicate by check mark whether the registrant files or will file annual
reports under cover Form 20-F or Form 40-F.

                         Form 20-F [X]     Form 40-F [_]

     Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

                               Yes [_]     No [X]




     On July 03, 2007, the Registrant announced that Tower Semiconductor
Delivers the first Space Application SoC product, attached hereto is a copy of
the press release.

     This Form 6-K is being incorporated by reference into all effective
registration statements filed by us under the Securities Act of 1933.




                                   SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.

                                                     TOWER SEMICONDUCTOR LTD.

Date: July 03, 2007                                  By: /s/ Nati Somekh Gilboa
                                                     --------------------------
                                                     Nati Somekh Gilboa
                                                     Corporate Secretary




            TOWER SEMICONDUCTOR DELIVERS THE FIRST SPACE APPLICATION
                                  SOC PRODUCT

Migdal Haemek, Israel - July 3, 2007 - Tower Semiconductor Ltd. (NASDAQ: TSEM;
TASE: TSEM), an independent specialty foundry, and Ramon Chips Ltd., a fabless
company that specializes in the space industry, announced today the successful
completion of a prototype radiation-hardened System-on-Chip (SoC) controller for
space applications. The SoC is being fabricated on Tower's Fab2 0.18-micron
process technology.

The SoC controller operates at 150 MHz, and the on-chip SpaceWire interface
achieves 250 Mbits/sec transfer rates. The product is expected to sustain cosmic
radiation and harsh environmental conditions and is thus useful for all space
missions in earth-orbiting satellites. It is also intended for high-reliability
avionic applications.

The SoC controller has been designed and fabricated using Ramon Chips'
proprietary RadSafe(TM) methodology and standard cell library, which assure
radiation hardness of parts fabricated in Tower Semiconductor's manufacturing
lines.

Another prototype chip fabricated using the same RadSafe(TM) library and the
same Tower Semiconductor 0.18 micron CMOS process has been tested successfully
at radiation levels of 300 Krads and had sustained no radiation-induced
latch-ups and less than 10-13 soft error events per bit per day at LET levels
exceeding 100 MeVxcm(2)/mg.

"We are satisfied with the accomplishment of the radiation hardened high
performance product on Tower's 0.18-micron technology platform", said Prof. Ran
Ginosar, CEO of Ramon Chips Ltd. "Tower's team assisted greatly in upgrading the
standard cell library to make it radiation hardened. We see several promising
business opportunities based on this technology accomplishment".

"We are happy that Ramon Chips product demonstrated the resilience and
versatility of Tower's process technology", said Dani Ashkenazi, CMOS product
line manager at Tower. "The proven Rad Hard libraries add another dimension to
Tower's offering and may serve penetrating additional customer domains".




ABOUT TOWER SEMICONDUCTOR LTD.

Tower Semiconductor Ltd. is an independent specialty foundry established in
1993. The company manufactures integrated circuits with geometries ranging from
1.0 to 0.13-micron; it also provides complementary technical services and design
support. In addition to digital CMOS process technology, Tower offers advanced
non-volatile memory solutions, mixed-signal & RF-CMOS, and CMOS image-sensor
technologies. To provide world-class customer service, the company maintains two
manufacturing facilities: Fab 1 has process standard and specialized
technologies from 1.0 to 0.35 micron and Fab 2 features standard and specialized
technologies of 0.18, 0.16 and 0.13-micron. Tower's Web site is located at
http://www.towersemi.com.

ABOUT RAMON CHIPS, LTD.

Ramon Chips, Ltd. is a fabless semiconductor company focused on developing and
marketing unique VLSI /ASIC solutions for space and avionics applications, based
on its RadSafe(TM) methodology and cell library and on Tower Semiconductor CMOS
processes. Named in memory of the late Col. Ilan Ramon, Israel's first astronaut
who perished at the Columbia space shuttle re-entry accident in 2003, the
company was founded in 2004 and is based in Israel. For additional information
contact info@ramon-chips.com.

SAFE HARBOR

This press release includes forward-looking statements, which are subject to
risks and uncertainties. Actual results may vary from those projected or implied
by such forward-looking statements. A complete discussion of risks and
uncertainties that may affect the accuracy of forward-looking statements
included in this press release or which may otherwise affect our business is
included under the heading "Risk Factors" in our most recent Annual Report on
Form 20-F, Forms F-1, F-3 and 6-K, as were filed with the Securities and
Exchange Commission and the Israel Securities Authority. We do not intend to
update, and expressly disclaim any obligation to update, the information
contained in this release.

                                      -----

MEDIA CONTACTS:

Shelton Group, on behalf of Tower Semiconductor
Melissa Conger, 972-239-5119 ext. 137
mconger@sheltongroup.com

Tower Semiconductor:
Michael Axelrod, +1 408 330 6871
pr@towersemi.com