Israel Shipyards

Naval Vessel Design, Construction, and Repair

Aerospace, Defense & HLS
Public on TASE on Sep, 2020<br>
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Company Overview

Snapshot

Founded in January 1959, Israel Shipyards operates with 51–200 employees. The company has raised $100.29 million across one funding round and went public on TASE in September 2020.

Business overview

Israel Shipyards specializes in the design, repair, purchase, and renovation of naval vessels, including merchant ships, floating docks, tugs, and service boats. The company designs and builds missile boats, offshore patrol vessels, and fast patrol crafts for navies, serving the Aerospace, Defense & HLS sector with products like SHALDAG, NIRIT, OPV, SAAR 4.5, and SAAR 4.

Strategic signal

In June 2022, Israel Shipyards launched the first SHALDAG MK5 vessel for the Israeli Navy. This event signals the company's continued role as a key supplier of advanced naval platforms, demonstrating its ongoing capability to deliver cutting-edge defense solutions and reinforcing its strategic importance in the global defense market.

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Company Intelligence Q&A

When did Israel Shipyards go public?
Israel Shipyards went public on the TASE in September 2020, raising NIS 340 million in its IPO.
What significant vessel launch did Israel Shipyards complete recently?
In June 2022, Israel Shipyards launched the first SHALDAG MK5 vessel for the Israeli Navy.
What was the total capital raised by Israel Shipyards?
Israel Shipyards has raised a total of $100.29 million across one funding round.
Did Israel Shipyards deliver an offshore patrol vessel to Honduras?
Yes, in December 2019, Israel Shipyards delivered an offshore patrol vessel to Honduras.
What was a notable contract signed by Israel Shipyards in 2013?
In June 2013, Israel Shipyards signed a NIS 1 billion contract.
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