Two variants of the IWI Galil ACE have shown up on the website of the Ukrainian firm FORT. The first variant, pictured above, is the FORT-227. It is the FORT equivalent of the Galil ACE 22 Carbine. It is chambered in 5.56x45mm NATO with a 13″ barrel. FORT’s website mentions that the trigger group is the same one used with the Galil sniper rifle. I am not sure if this applies to just FORT’s variant or to all Galil ACE rifles.
The FORT-228 is their equivalent of the Galil ACE 31. It is chambered in 7.62x39mm and has a 8.5″ barrel. It weighs 8.5 lbs when fully loaded with a magazine and has a rate of fire of 650 round/minute.
IWI is the H&K of the 21st century. They are quite happy to license the their designs to manufacturers around the world, much like H&K did back in the 1950s-1980s. This is popular for both security reasons (during wartime a local manufacturer can continue making the firearm) and for political reasons (jobs for locals). The furniture on these guns looks identical to the IWI furniture, which makes me think the stock, grip and handguard are imported from Israel not produced domestically.
Thanks to Levi and Albi for the tip.