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
3 item(s)
CONTROP Precision Technologies Business
Business models
B2B, B2G
Product stage
Released
Employees
201-500
Sector
Aerospace, Defense & HLSDefense & HLS SolutionsSecurity & Surveillance IntegrationTarget Customer
Defense, Safety & SecuritySecurityLaw EnforcementHomeland SecurityNational SecurityCore Technology
Artificial IntelligenceImage RecognitionMachine LearningSensingLaserTags (20)
camerasthermal-imagingsecurityhomeland-securitysurveillanceelectro-opticscomputer-visionartificial-intelligenceautomotiveaviationmarineimage-processingsensorsperimeter-securityalarm-systemsborder-securityoptronicsairportsdefensedual-useGeographic Markets
United StatesGlobalVietnamCONTROP Precision Technologies Financials
Undisclosed
Total funding
—
Capital raised
Undisclosed
Last funding
Acquired
Funding stage
0
Total rounds
0
Investors
Public Offering / Exit
MNAEvent
Jan 2012
Undisclosed
Mergers & Acquisitions
MNAEvent
Mar 2021
Undisclosed
CONTROP Precision Technologies Lifecycle
All Events
MNAEvent
Jan 2012
Undisclosed
MNAEvent
Mar 2021
Undisclosed
CONTROP Precision Technologies News
16 articles
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
growth-negative
Indian DRDO Selects Israeli CONTROP's Observation Payload for Drones
The United States Navy has canceled its plans to hold an industry competition to build the military arm’s new large unmanned undersea vehicle. The program, nicknamed Snakehead, was canceled after ten years of development.
Acquisition
growth-negative
KKR in talks to buy 50% Controp stake from Aeronautics
Aeronautics is in advanced negotiations to sell its 50% holding in Controp to US investment company KKR for $110 million. Controp develops and manufactures advanced electro-optic systems for military uses and border defense. The companys value has been growing rapidly, with a net profit of NIS 26 million in 2018. KKR is a large US investment fund that currently manages assets worth $206 billion.
Acquisition
growth-positive
Controp delivers iSea-30HD to Latvian Navy
Controp Precision Technologies has delivered its iSea-30HD electro-optical/infrared (EO/IR) maritime surveillance system to the Latvian Navy. The system provides stable and clear imaging even in rough seas and interfaces with other onboard systems. It includes advanced sensors, image processing, and video enhancement algorithms. The delivery is expected to have a positive impact on the companys growth.
Customers
growth-positive
Controp launches new Tornado-ER surveillance and protection system
Controp USA has launched its comprehensive coastal surveillance and protection system, Tornado-ER. The system, which provides a 360 panoramic infrared image and simultaneous detection of moving targets in the water, is expected to generate considerable interest at the EuroNaval exhibition. The Tornado-ER is already operational in Asia and has received positive feedback. It enhances the protection and situational awareness of coastlines, waterways, seashores, ports, and harbours. The system can be used as a standalone or combined with external systems. It acts as an electro-optical radar for target detection and has a range of 400m to more than 12km.
CustomersPartners
growth-positive
CONTROP Partners with Australian Company eCastle for Marketing its EO/IR Defence and Security Solutions Controp Precision Technologies
CONTROP Precision Technologies Ltd. has partnered with eCastle Australia for the marketing of its EO/IR defence and homeland security solutions. The partnership will help position CONTROPs products as part of wider C4ISR solutions for defense bases, Home Affairs, and Australias borders and key infrastructure. CONTROP will present its products at Land Forces 2018 in Australia. The company specializes in electro-optical/infrared and precision motion control systems for surveillance, defense, and homeland security.
Partners
growth-positive
CONTROP Wins $31 Million Contract for a Defense Customer in Asia Controp Precision Technologies
CONTROP Precision Technologies Ltd. has won a $31 million contract to supply Electro-optical InfraRed (EO/IR) systems and services for an Asian defense customer. The contract positions CONTROP as a leading supplier of EO/IR systems in Asia and demonstrates the companys advanced and innovative solutions for defense programs.
Customers
growth-positive
CONTROP Appoints Mr. Hagay Azani to CEO Controp Precision Technologies
CONTROP Precision Technologies Ltd. has announced the appointment of Mr. Hagay Azani as its new CEO, replacing Mr. Dror Sharon. The companys Chairman of the Board expressed confidence in Azanis ability to continue the companys growth and achieve higher goals. Azani has previously served as the companys VP Marketing & Sales and Chief Operations Officer. CONTROP specializes in the development and production of electro-optical and precision motion control systems for surveillance, defense, and homeland security. Their product lines include stabilized observation payloads, intruder detection systems, and thermal imaging cameras. CONTROPs products are used in critical surveillance, homeland security, and defense programs worldwide.
Management Changes
growth-positive
http://www.aviationpros.com/press_release/12394555/singapore-airshow-2018-controp-provides-advanced-flight-safety-solutions-at-israels-ben-gurion-international-airport-for-bird-wildlife-drone-early-detection
CONTROP Precision Technologies announces two major air safety projects at Ben Gurion International Airport in Israel and Dallas Love Field Airport in Texas. The projects involve the installation of the companys SPEED-BIRD system, which detects birds, wildlife, and drones to increase safety during takeoffs and landings. The system integrates thermal imaging and electro-optics technology to provide real-time detection and tracking. CONTROPs VP Marketing and Sales, Hagay Azani, states that the systems will make TLV a world leader in airspace flight safety. The companys SPEED-BIRD system overcomes the limitations of radar-based systems and has been extensively proven and cost-effective. CONTROP specializes in the development of electro-optical and precision motion control systems for surveillance, defense, and homeland security.
Customers
Israeli Police Buys Controp EO/IR Payloads - Rotor & Wing International
growth-positive
Controp Supplies Colombian Navy with Cameras
Controp Precision Technologies has supplied the Colombian Navy with iSea maritime electro-optical/IR camera payloads for installation on their new warships. The devices were provided as part of Thor SAS remote control weapon stations systems. Controp is a developer of electro-optical/IR gyrostabilized camera systems for surveillance and defense applications.
Partners
growth-positive
Rafael and Aeronautics complete Controp acquisition
Rafael has completed the acquisition of 50% of Controp Precision Technologies Ltd. shares, increasing its stake to 50%. Controp is a manufacturer of electro-optical and precision motion control systems. Rafael and Aeronautics will provide support to Controp, enabling it to continue providing solutions to the IDF and clients overseas.
Acquisition
CONTROP Precision Technologies Team
Employee Info
| Employees (range) | 201-500 |
| Exact count | 317 |
| Team members | 3 |
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CONTROP Precision Technologies Internal
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Admin Info
| Confidence | 91/100 |
| Missing | funding rounds, markets, not claimed |
| BI Verification | Yanina Wainscheinker |
| Registrar ID | 511305682 |
| Crunchbase | controp-ltd |
| Phone | +97297440661 |
| Last updater | Yanina Wainscheinker |
| Updater email | yanina.wainscheinker@sncentral.org |
| Last update | 2023-10-26T00:00:00.000Z |
| Created | 2014-11-16T00:00:00.000Z |
| Status detail | Acquired by Rafael Advanced Defense Systems on Jan, 2012 |