Orad

Company Overview

Snapshot

Founded in January 1971, Orad operates with 51–200 employees. The company has raised a total of $12M across 3 funding rounds from 1 investor. Orad became public on TASE in June 2007, marking a significant milestone in its journey.

Business overview

Orad specializes in providing comprehensive security solutions, offering a diverse range of products for perimeter defense, surveillance, access control, traffic management, fire detection, and IT communication. Its core technology includes advanced electronic fences, night vision systems, radar arrays, CCTV video analysis, and biometric systems. Orad serves a broad spectrum of markets, including major airports, seaports, oil and gas companies, financial institutions, hospitals, universities, casinos, and military installations, operating primarily within the Aerospace, Defense & HLS sector.

Strategic signal

In October 2017, Orad secured an EPC contract to build four solar power stations in the Negev region, totaling 35.5MW. This move signals a strategic expansion beyond its traditional security focus into renewable energy infrastructure, demonstrating the company's capability to leverage its project management and integration expertise in new, high-growth sectors. This diversification could open new revenue streams and enhance its market position by addressing broader infrastructure needs.

Company Intelligence Q&A

When did Orad become a public company?

Orad became public on the TASE in June 2007.

What significant acquisition did Orad make in 2015?

In October 2015, Orad acquired SolarPower, a startup focused on solar energy solutions. This acquisition expanded Orad's capabilities into the renewable energy sector.

What was Orad's involvement in the solar energy sector in 2017?

In October 2017, Orad was contracted to build four solar power stations in the Negev, with a total capacity of 35.5MW.