CONTROP Precision Technologies Overview
CONTROP Precision Technologies specializes in the development and production of EO/IR systems for intelligence, surveillance, reconnaissance and targeting missions for air, land, and maritime applications including Homeland Security, Defense, and more. The product lines range from small UAV cameras and other short-range observation systems to long range Surveillance and Automatic Target Acquisition solutions, RWS Sights, Night Vision Cameras and more. CONTROP's systems provide excellent ratio between high performances to very low SWaP (Size, Weight and Power), combining innovative and traditional core technologies into state-of-the-art leading operational solutions.
Latest News
growth-positive
American drone maker AeroVironment is leading negotiations in a deal valuing Controp at up to $1 billion.
Rafael is in advanced negotiations to sell 50% of its shares in its subsidiary, Controp, with the deal valuing Controp at $600–700 million. The sale is led by Rothschild & Co., with AeroVironment, a U.S.-based defense company, as the leading contender. The sale aims to remove Controp from state ownership constraints, enhancing its operational flexibility. Controp, known for developing electro-optical systems, reported record revenues of $150 million in 2024. The company is also preparing to float its subsidiary, MicroCon Vision Ltd., on the Tel Aviv Stock Exchange. Controp is currently without a permanent CEO following Hagay Azanis resignation. The sale is part of Rafaels broader strategy to find a partner for Controp and reduce its stake to 50%.
AcquisitionManagement Changes
growth-positive
CONTROP Creates Joint Venture with India's Paras
CONTROP has entered into a joint venture with Indian company Paras Defence and Space Technologies. The joint venture aims to procure innovative EO/IR solutions for defence applications in accordance with the Indian governments Atmanirbhar Bharat initiative. CONTROP is participating in high-volume tenders in the Indian defence market and the joint venture will facilitate local manufacturing and implementation of these projects. The JV will benefit from Paras customer access and presence in Indias defence market. CONTROP expects its subsidiaries to expand their business as a result of this activity.
PartnersExpand
growth-positive
קונטרופ רכשה ממגל את ESC BAZ - Techtime - חדשות אלקטרוניקה והייטק
Controp, a joint venture between IAI and Rafael, has acquired ESC BAZ, a company that develops smart surveillance and security systems for the military market. This acquisition is part of the larger deal in which IAI acquired Megals projects division for $35 million. ESC BAZ, founded in 1994, develops and manufactures intelligent surveillance and security systems based on thermal and visible cameras. The systems are used for military and homeland security applications. Controp, operating in the security and defense market since 1988, specializes in the development and production of electro-optical security and surveillance systems.
AcquisitionPartners
growth-positive
Israel's Controp to supply electro-optics for Vietnamese border guard
Israeli company Controp has been selected by Vietnam to supply surveillance and observation systems for new ships built in Vietnam and India. The deal is for the iSea-25HD, a lightweight electro-optic unit, and a total of 12 ships will be outfitted with the system. Seven ships will be built locally in Vietnam, while the rest will be built in India. The iSea-25HD allows ships to see small crafts and fishing boats up to 10 kilometers away and larger ships up to 20 kilometers away. The system also includes a laser range finder. Controp specializes in lightweight electro-optics and has been an active supplier for Vietnam for several years.
PartnersCustomers
growth-positive
Israel's Controp Seeks Fresh Markets
Controp Precision Technologies expects new demand for its ultra-light UAV and coastal surveillance products in Singapore. The company will showcase its products at the Singapore Airshow, emphasizing its partnership with Singapores NCS and Israeli defense conglomerate Rafael Advanced Defense Systems. Controps scanning and observation systems are proven for coastal surveillance and security. They automatically detect intruders from the sea before they reach the defined boundary. The company aims to provide innovative products and tailored solutions to meet defense and security surveillance requirements. Controp is developing a new generation of EO/IR solutions and seeks partners or integrators to add additional value to its products.
PartnersCustomers
| Sector | Aerospace, Defense & HLS |
Funding
| Total funding | Undisclosed |
| Last funding | Undisclosed |
| Stage | Acquired |
| Rounds | 0 |
| Investors | 0 |
Team Members
3
Employees: 201-500
Web & Social Links
| Website | www.controp.com/ |
| Careers | Careers page |
Locations
HaHarash Street 4, Hod Hasharon, Israel
4600 Forbes Boulevard, Lanham, MD, USA
Photos & Videos
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