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
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
DPW Holdings' Coolisys Technologies Awarded $2.9 Million Contract
DPW Holdings' Enertec Systems Awarded $4.3 Million Second-Stage Project
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
| Sector | Aerospace, Defense & HLS |
Funding
| Total funding | $200K |
| Last funding | $200K |
| Stage | Acquired |
| Rounds | 1 |
| Investors | 0 |
Team Members
2
Employees: 11-50
Web & Social Links
| Website | enertec.wpengine.com/ |
| Careers | Careers page |
Locations
Karmiel, Israel
Photos & Videos
2 item(s)
Enertec Systems Business
Business models
B2B, B2G
Product stage
Released
Employees
11-50
Sector
Aerospace, Defense & HLSDefense & HLS SolutionsC4IIndustrial TechnologiesMicroelectronics & Photonics SolutionsTarget Customer
Healthcare & Life SciencesMedical Devices IndustryMedical EquipmentDefense, Safety & SecurityNational SecurityMilitaryCivilIndustrial ManufacturingDiscrete IndustriesAerospaceCore Technology
SensingLaserTags (7)
power-supplieselectronic-manufacturingmilitarylasersaerospacedefensedual-useGeographic Markets
United StatesIsraelEnertec Systems Financials
$200K
Total funding
—
Capital raised
$200K
Last funding
Acquired
Funding stage
1
Total rounds
0
Investors
Non-Equity Funding
GrantEvent
Nov 2013
$200K
Israeli Office of the Chief Scientist
Public Offering / Exit
MNAEvent
May 2018
$4.77M
Enertec Systems Lifecycle
All Events
GrantEvent
Nov 2013
$200K
Israeli Office of the Chief Scientist
MNAEvent
May 2018
$4.77M
Enertec Systems News
4 articles
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
DPW Holdings' Coolisys Technologies Awarded $2.9 Million Contract
DPW Holdings' Enertec Systems Awarded $4.3 Million Second-Stage Project
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
Enertec Systems Team
Zvi Avni
CEO
Employee Info
| Employees (range) | 11-50 |
| Exact count | 33 |
| Team members | 2 |
Similar Companies
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Enertec Systems Internal
Recent Updates
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Admin Info
| Confidence | 89/100 |
| Missing | funding rounds, markets, not claimed |
| BI Verification | Natalia Golczar |
| Registrar ID | 513144261 |
| Crunchbase | enertec-systems |
| Phone | +97249585680 |
| Last updater | Yanina Wainscheinker |
| Updater email | yanina.wainscheinker@sncentral.org |
| Last update | 2023-05-18T00:00:00.000Z |
| Created | 2014-11-02T00:00:00.000Z |
| Status detail | Acquired by Coolisys Technologies on May, 2018 |