Company Overview
Snapshot
Founded in August 1967, Ricor operates with 51–200 employees and has raised a total of $25 million across two funding rounds. In June 2021, Kibbutz Mishmar Ha'emek made a significant investment in the company, valuing Ricor at NIS 350-400 million.
Business overview
Ricor Cryogenic and Vacuum Systems develops, manufactures, and markets advanced cooling solutions and vacuum systems. The company's core technology is based on Stirling cryogenic coolers, offering flexible cooling power from a fraction of a watt to 15W and temperatures from 7K to 150K. Ricor serves diverse markets including space, military and defense, homeland security, semiconductor, commercial, and scientific equipment industries, operating within the Industrial Technologies sector.
Strategic signal
In June 2021, Kibbutz Mishmar Ha'emek invested NIS 90 million in Ricor, acquiring the holding of private equity fund Tene. This strategic investment, which valued Ricor at NIS 350-400 million, signals strong confidence in Ricor's cryogenic cooling solutions and vacuum systems, positioning the company for continued growth and expansion within its specialized markets.
Log in to access full profile ›Company Intelligence Q&A
- What is Ricor's primary business?
- Ricor Cryogenic and Vacuum Systems specializes in developing, manufacturing, and marketing advanced cooling solutions and vacuum systems for various high-tech industries.
- What significant investment did Ricor receive in June 2021?
- In June 2021, Kibbutz Mishmar Ha'emek invested NIS 90 million in Ricor, acquiring the holding of private equity fund Tene. This transaction valued Ricor at NIS 350-400 million.
- Which industries does Ricor serve?
- Ricor serves a wide range of industries including space, military and defense, homeland security, semiconductor, commercial, and scientific equipment.
- What was Ricor's contribution to NASA's Mars Curiosity rover mission?
- In August 2012, Ricor developed and manufactured a cryocooler, a refrigerator component, for NASA's Curiosity rover on Mars. This cryocooler was essential for maintaining the required temperature of a detector used to identify Martian materials.
- What type of technology does Ricor specialize in?
- Ricor specializes in Stirling cryogenic cooler technology, which provides cooling power from a fraction of a watt up to 15W and temperatures ranging from 7K to 150K.