Enertec Systems

Enertec Systems Overview

Enertec Systems operates in the defense and aerospace markets, where it designs, develops, manufactures, and supplies various customized military computer-based systems for missile defense systems, command and control, and other applications. Enertec's products, solutions, and services are designed to perform in harsh environments and battlefield conditions. Enertec develops and manufactures electronic systems including power supplies and converters for combat aircraft, missiles, and mobile ground units; test and simulation systems for a wide array of weapon systems; ruggedized command-and-control mobile equipment for various weapon systems; command-and-control workstations for weapon systems; power supplies and switching systems; and mobile shelters containing various electronic systems and drivers for laser systems. Enertec Systems operates as a subsidiary of Micronet Enertec Technologies Ltd, based in the United States.

Latest News

Feb 21, 2020 · www.globenewswire.com

growth-positive

DPW Holdings Announces That Its Gresham Worldwide Defense Business Has Been Awarded a $1.4 Million Purchase Order for Defense and Aerospace Customer, and Its Improved Capital Structure Positions Company for Backlog Expansion

DPW Holdings subsidiary, Gresham Worldwide, has received a $1.4 million order from a leading defense and aerospace customer for its subsidiary Enertec Systems. Enertec recently received a follow-up order of an additional $1.4 million related to the testing system. The customer has the potential to order over $10 million of Enertec products per year. DPWs recent restructuring of debt and improvement to its capital structure puts the company in a stronger position to execute on expected growth in backlog from this and other customers. DPW is committed to providing additional financial resources to enable Enertec and other defense subsidiaries to expand.

CustomersInvestment

Mar 7, 2019 · www.globenewswire.com

DPW Holdings' Coolisys Technologies Awarded $2.9 Million Contract

Jul 26, 2018 · milaero.iconnect007.com

DPW Holdings' Enertec Systems Awarded $4.3 Million Second-Stage Project

May 23, 2018 · www.prnewswire.com

growth-positive

MICT Completes Sale of Enertec Systems Aerospace and Defense Subsidiary

Micronet Enertec Technologies, Inc. has completed the sale of its aerospace and defense subsidiary, Enertec Systems 2001 Ltd., to Coolisys Technologies Inc. The sale has strengthened Micronet Enertecs balance sheet by removing Enertecs debt and adding over $4.7 million in cash. With the sale, Micronet Enertec expects its gross margins to improve significantly. The company plans to focus on advancing its potential opportunities in the Mobile Resources Management (MRM) space, which has shown 121% year-over-year growth in the first quarter of 2018. Micronet Enertec intends to invest its resources into increasing sales momentum in MRM and is well positioned for both organic growth and expansion through acquisitions. The company received $4.7 million in cash at the closing of the sale.

Acquisition

Funding

Team Members

2

Employees: 11-50

Web & Social Links

Locations

Karmiel, Israel

Photos & Videos

2 item(s)

Enertec Systems Internal

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