Arad Group Overview
Arad Group designs, develops, manufactures, sells, and provides support for its water meters to residential, bulk, irrigation, and water management companies around the world. The company offers fully implemented, comprehensive remote meter-reading solutions for walk-by, drive-by, and fixed network systems that require no physical access or visual meter inspection, allowing utilities and water companies to automatically control remote water meters in real time. Arad has an in-house molding and injection manufacturing plant and operates a testing and quality control bench that examines each water meter separately. The company manufactures more than 500,000 units a year, with millions of its water meters installed worldwide.
Latest News
growth-positive
Arad completes acquisition of Italy's Watertech
Arad Group Ltd. has completed the acquisition of a 60% controlling interest in Italian company Watertech for €16 million. Watertech develops, manufactures, and distributes equipment for reading water meters, mainly in Italy. The acquisition is expected to contribute to Arad Groups growth. Arad Groups share price has risen 25% this year, reflecting a NIS 1.1 billion market cap.
Acquisition
growth-positive
Sabbath-observant meter keeps water flowing 24/7
Arad Technologies, an Israeli water tech company, has developed a glatt water meter that allows for smart metering while respecting the Sabbath in ultra-Orthodox neighborhoods. The smart meters help save water, prevent leaks, and save money for residents. Arad Technologies also collects data about usage habits and patterns, water safety and quality, and more. The company has developed apps for consumers to track water consumption and receive real-time alerts. The solution was approved by top rabbinical leaders in the ultra-Orthodox community. Arad Technologies is considering marketing the meters in ultra-Orthodox areas abroad. The company is a leader in water metering technology and has subsidiaries in China, the US, Spain, and Israel.
Customers
growth-positive
Arad Technologies and French co win India water deal
Arad Technologies Ltd. and Actaris Metering Systems have won a tender to provide 150,000 water meters to the Municipal Corporation of Greater Mumbai. The order is part of a $32 million project to install 300,000 water meters in Mumbai. Arad Technologies plans to participate in two other tenders in India and is considering moving some production there due to high demand. Winning this tender is seen as a breakthrough for Arad Technologies, opening up new market opportunities.
Customers
| Sector | Industrial Technologies |
Funding
| Total funding | Undisclosed |
| Last funding | Undisclosed |
| Stage | Public |
| Rounds | 1 |
| Investors | 0 |
Team Members
9
Employees: 201-500
Web & Social Links
| Website | www.arad.co.il |
Locations
HaMada St, Yokne'am Illit, Israel
Dalia, Israel
Photos & Videos
2 item(s)
Arad Group Business
Business models
B2G, B2B
Product stage
Released
Employees
201-500
Sector
Industrial TechnologiesTarget Customer
Government & CityMunicipalitiesAgriculture & FoodEnergy, Utilities & Waste ManagementUtilitiesWater UtilitiesCore Technology
—Tags (20)
telemetryagricultureleak-detectionwater-systemscontrol-systemstelecommunicationmonitoringmunicipalitiesremote-monitoringmobile-applicationswater-network-managementirrigation-and-water-managementiotwater-loss-preventionmunicipal-waterwireless-communicationwater-metersdata-gatheringwaterwater-managementSolutions
{"title":"Water Utility","description":"Arad Group implemented advanced ultrasonic water meters and a comprehensive water management system for Meimei Hadarom, an Israeli water utility, to drastically reduce Non-Revenue Water (NRW) by improving leak detection, billing accuracy, and network optimization.","items":[{"name":"Revenue Growth","value":5,"titleTooltip":"Revenue Growth & Profitability","meterTooltip":{"title":"Disruptive / Paradigm-Shifting","content":"Revolutionary, industry-leading change that sets new benchmarks and norms."}},{"name":"Operational Efficiency","value":5,"titleTooltip":"Operational Excellence & Efficiency","meterTooltip":{"title":"Disruptive / Paradigm-Shifting","content":"Revolutionary, industry-leading change that sets new benchmarks and norms."}},{"name":"Customer Acquisition","value":4,"titleTooltip":"Customer Acquisition, Satisfaction & Loyalty","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Risk Mitigation","value":4,"titleTooltip":"Risk Mitigation & Business Resilience","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}},{"name":"Talent Development","value":2,"titleTooltip":"Talent Development & Employee Empowerment","meterTooltip":{"title":"Marginal / Localized","content":"Small, isolated improvement; measurable but not substantial."}},{"name":"Agility & Innovation","value":4,"titleTooltip":"Strategic Agility & Innovation","meterTooltip":{"title":"Transformative / Strategic","content":"Fundamental, high-value enhancement with far-reaching strategic importance."}}]}
Use Cases
How its non revenue water (NRW) has been reduced by 75% – Meimei Hadarom, IsraelGeographic Markets
GlobalArad Group Financials
Undisclosed
Total funding
—
Capital raised
Undisclosed
Last funding
Public
Funding stage
1
Total rounds
0
Investors
Public Offering / Exit
POEvent
Dec 2004
Undisclosed
Arad Group Lifecycle
All Events
POEvent
Dec 2004
Undisclosed
Arad Group News
3 articles
growth-positive
Arad completes acquisition of Italy's Watertech
Arad Group Ltd. has completed the acquisition of a 60% controlling interest in Italian company Watertech for €16 million. Watertech develops, manufactures, and distributes equipment for reading water meters, mainly in Italy. The acquisition is expected to contribute to Arad Groups growth. Arad Groups share price has risen 25% this year, reflecting a NIS 1.1 billion market cap.
Acquisition
growth-positive
Sabbath-observant meter keeps water flowing 24/7
Arad Technologies, an Israeli water tech company, has developed a glatt water meter that allows for smart metering while respecting the Sabbath in ultra-Orthodox neighborhoods. The smart meters help save water, prevent leaks, and save money for residents. Arad Technologies also collects data about usage habits and patterns, water safety and quality, and more. The company has developed apps for consumers to track water consumption and receive real-time alerts. The solution was approved by top rabbinical leaders in the ultra-Orthodox community. Arad Technologies is considering marketing the meters in ultra-Orthodox areas abroad. The company is a leader in water metering technology and has subsidiaries in China, the US, Spain, and Israel.
Customers
growth-positive
Arad Technologies and French co win India water deal
Arad Technologies Ltd. and Actaris Metering Systems have won a tender to provide 150,000 water meters to the Municipal Corporation of Greater Mumbai. The order is part of a $32 million project to install 300,000 water meters in Mumbai. Arad Technologies plans to participate in two other tenders in India and is considering moving some production there due to high demand. Winning this tender is seen as a breakthrough for Arad Technologies, opening up new market opportunities.
Customers
Arad Group Team
Employee Info
| Employees (range) | 201-500 |
| Exact count | 268 |
| Team members | 9 |
Similar Companies
Similar companies data is computed dynamically and not stored in the entity profile. This section requires implementing a similarity query (e.g. by classification overlap, sector, district).
This entity has 9 classification IDs that could be used for matching.
Arad Group Internal
Recent Updates
No update log entries.
Note: Free-text notes visible in the original Finder "Internal" tab are not present in the imported profile data. Only the update audit log is available.
Admin Info
| Confidence | 100/100 |
| Missing | funding rounds, markets |
| BI Verification | Paz Eliav |
| Registrar ID | 510007800 |
| Crunchbase | arad-group |
| Phone | +97249897911|+97249935222 |
| Creator | Yanina Wainscheinker |
| Creator email | yanina.wain@gmail.com |
| Last updater | Ortal Wein |
| Updater email | ortalw@sncentral.org |
| Last update | 2022-10-26T00:00:00.000Z |
| Created | 2014-08-27T00:00:00.000Z |
| Status detail | Public on TASE on Dec, 2004<br> |