Unitronics Overview
Unitronics designs, manufactures, and markets advanced control and automation solutions. Its extensive offerings include a complete line of PLCs with integrated HMI; a full line of VFDs, AC servo drives, and motors; a broad array of I/Os and complementary devices; and programming software for all aspects of control, motion, HMI, and communications. Unitronics PLCs range from micro-PLC + HMI units for simple machine control to complex controllers with advanced functions, a variety of onboard IOs, and multiple communications options. Unitronics controllers have won a number of industry awards from 2013 to 2017, including the 2016 Best Practices Award by Frost & Sullivan.
Cumulative Funding Raised Over Time ($)
—Jan 2011
$47.0MJul 2025
$79.0MMar 2016
Latest News
growth-positive
First global move for Indian firm reflects growing foreign appetite for Israeli industrial IP.
The Indian Amber Group is acquiring a 40.4% stake in the Israeli electronic components company Unitronics, marking its first deal outside India. Amber is purchasing shares from private equity fund FIMI and tech entrepreneur Haim Shani, with the transaction reflecting a valuation of ₪388 million ($115.8 million) for Unitronics. FIMI, which acquired control of Unitronics in 2016, achieved a 4.8x return on its investment. The deal represents a 15% premium over Unitronics current market price. Unitronics develops programmable logic controllers (PLCs) and other hardware and software products for industrial automation. This acquisition is significant as it marks FIMIs first sale to a foreign buyer after years of exits primarily to Israeli institutional investors.
Acquired-by
growth-positive
3 Reliable Dividend Stocks Yielding Up To 7.5%
The article discusses the appeal of dividend stocks amid volatile global markets and economic uncertainties. It highlights several companies with high dividend yields, including PTC India Limited, which operates in the power trading sector across India and neighboring countries. PTC India has announced a final dividend of INR 7.80 per share for FY 2023-24, supported by its earnings and cash flows. Despite a history of volatile dividends, recent growth in net income suggests improved financial stability for the company. The article suggests that PTC India may be undervalued, making it an attractive option for investors seeking steady income streams.
growth-negative
US Tries to Contain Hacking Campaign Targeting Water Systems
US authorities are addressing a cybersecurity threat posed by Iranian hackers targeting drinking water and sewage systems across the country. The CyberAv3ngers group, linked to Irans Islamic Revolutionary Guard Corps, has been exploiting vulnerabilities in programmable logic controllers made by Unitronics, an Israeli company. These devices are widely used in water and wastewater systems. Affected utilities, including the Municipal Water Authority of Aliquippa, have had to switch to manual operations. Despite the breaches, there has been no impact on safe drinking water. US and Israeli agencies have issued warnings about the vulnerabilities, emphasizing the need for enhanced security measures. The cybersecurity firm Dragos is assisting Unitronics customers in mitigating the threat.
Customers
Growth-Negative
US Tries to Contain Hacking Campaign Targeting Water Systems
US authorities are working to contain a campaign by Iranian hackers against multiple drinking water and sewage systems around the country. A group called the CyberAv3ngers, who are affiliated with the Iranian Government’s Islamic Revolutionary Guard Corps, has been targeting technology that runs physical systems, called programmable logic controllers, that are made by Unitronics, an Israeli company. The devices are commonly used in water and wastewater systems, in addition to other industries including energy, food and beverage manufacturing and health care. The US designated the IRGC as a terrorist organization in 2019.
Customers
growth-negative
Breaches by Iran-affiliated hackers spanned multiple U.S. states, federal agencies say
The Municipal Water Authority of Aliquippa in Pennsylvania was one of several organizations in the U.S. breached by Iran-affiliated hackers targeting Israeli-made industrial control devices. The attack, linked to the group Cyber Av3ngers associated with Irans Islamic Revolutionary Guards Corps, affected multiple sectors, including energy and healthcare. The breach led to a temporary halt in water pressure regulation, requiring manual operation. The advisory from U.S. and Israeli authorities highlighted the vulnerability of Vision Series programmable logic controllers made by Unitronics, used across various industries. The hackers left a message declaring Israeli-made equipment as a legal target. The incident underscores the heightened cyber threat environment following geopolitical tensions.
| Sector | Industrial Technologies |
Funding
| Total funding | $99M |
| Last funding | $47M |
| Stage | Mature |
| Rounds | 5 |
| Investors | 3 |
Team Members
6
Employees: 51-200
Web & Social Links
| Website | www.unitronicsplc.com |
| Careers | Careers page |
| App Store | App Store |
| Google Play | Google Play |
Locations
Lod, Israel
1 Batterymarch Park, Quincy, Massachusetts, USA
401 Hackensack Avenue, Hackensack, NJ, USA
Photos & Videos
3 item(s)
Unitronics Business
Business models
B2B
Product stage
Released
Employees
51-200
Sector
Industrial TechnologiesProcess Automation & Intelligence SystemsTarget Customer
Industrial ManufacturingHybrid IndustriesPulp & PaperFood & BeveragesMetalsProcess IndustriesChemicals & PetrochemicalsIndustrial EquipmentMachineryAgriculture & FoodEnergy, Utilities & Waste ManagementTransportation & LogisticsLogisticsMaritimeCore Technology
Platforms & InterfacesSoftwareMobileSemiconductors & ElectronicsTags (7)
plcautomationlogisticscontrol-systemsindustry-4.0mobile-applicationsparkingGeographic Markets
United StatesEuropeMexicoCanadaGermanyUnitronics Financials
$99M
Total funding
Undisclosed
Capital raised
$47M
Last funding
Mature
Funding stage
5
Total rounds
3
Investors
Cumulative Funding Raised Over Time ($)
—Jan 2011
$47.0MJul 2025
$79.0MMar 2016
Private Equity Funding
PIPE
Jul 2025
$47M
Amber Group
PIPE
Mar 2016
$32M
FIMI Opportunity Funds
PIPE
Jan 2011
Undisclosed
Axis Participaciones Empresariales
Public Offering / Exit
DelistingEvent
Jun 2017
Undisclosed
POEvent
May 2004
Undisclosed
POEvent
Sep 1999
Undisclosed
Unitronics Lifecycle
Cumulative Funding Raised Over Time
—Jan 2011
$47.0MJul 2025
$79.0MMar 2016
All Events
PIPE
Jul 2025
$47M
Amber Group
PIPE
Mar 2016
$32M
FIMI Opportunity Funds
PIPE
Jan 2011
Undisclosed
Axis Participaciones Empresariales
DelistingEvent
Jun 2017
Undisclosed
POEvent
May 2004
Undisclosed
POEvent
Sep 1999
Undisclosed
Unitronics News
15 articles
growth-positive
First global move for Indian firm reflects growing foreign appetite for Israeli industrial IP.
The Indian Amber Group is acquiring a 40.4% stake in the Israeli electronic components company Unitronics, marking its first deal outside India. Amber is purchasing shares from private equity fund FIMI and tech entrepreneur Haim Shani, with the transaction reflecting a valuation of ₪388 million ($115.8 million) for Unitronics. FIMI, which acquired control of Unitronics in 2016, achieved a 4.8x return on its investment. The deal represents a 15% premium over Unitronics current market price. Unitronics develops programmable logic controllers (PLCs) and other hardware and software products for industrial automation. This acquisition is significant as it marks FIMIs first sale to a foreign buyer after years of exits primarily to Israeli institutional investors.
Acquired-by
growth-positive
3 Reliable Dividend Stocks Yielding Up To 7.5%
The article discusses the appeal of dividend stocks amid volatile global markets and economic uncertainties. It highlights several companies with high dividend yields, including PTC India Limited, which operates in the power trading sector across India and neighboring countries. PTC India has announced a final dividend of INR 7.80 per share for FY 2023-24, supported by its earnings and cash flows. Despite a history of volatile dividends, recent growth in net income suggests improved financial stability for the company. The article suggests that PTC India may be undervalued, making it an attractive option for investors seeking steady income streams.
growth-negative
US Tries to Contain Hacking Campaign Targeting Water Systems
US authorities are addressing a cybersecurity threat posed by Iranian hackers targeting drinking water and sewage systems across the country. The CyberAv3ngers group, linked to Irans Islamic Revolutionary Guard Corps, has been exploiting vulnerabilities in programmable logic controllers made by Unitronics, an Israeli company. These devices are widely used in water and wastewater systems. Affected utilities, including the Municipal Water Authority of Aliquippa, have had to switch to manual operations. Despite the breaches, there has been no impact on safe drinking water. US and Israeli agencies have issued warnings about the vulnerabilities, emphasizing the need for enhanced security measures. The cybersecurity firm Dragos is assisting Unitronics customers in mitigating the threat.
Customers
Growth-Negative
US Tries to Contain Hacking Campaign Targeting Water Systems
US authorities are working to contain a campaign by Iranian hackers against multiple drinking water and sewage systems around the country. A group called the CyberAv3ngers, who are affiliated with the Iranian Government’s Islamic Revolutionary Guard Corps, has been targeting technology that runs physical systems, called programmable logic controllers, that are made by Unitronics, an Israeli company. The devices are commonly used in water and wastewater systems, in addition to other industries including energy, food and beverage manufacturing and health care. The US designated the IRGC as a terrorist organization in 2019.
Customers
growth-negative
Breaches by Iran-affiliated hackers spanned multiple U.S. states, federal agencies say
The Municipal Water Authority of Aliquippa in Pennsylvania was one of several organizations in the U.S. breached by Iran-affiliated hackers targeting Israeli-made industrial control devices. The attack, linked to the group Cyber Av3ngers associated with Irans Islamic Revolutionary Guards Corps, affected multiple sectors, including energy and healthcare. The breach led to a temporary halt in water pressure regulation, requiring manual operation. The advisory from U.S. and Israeli authorities highlighted the vulnerability of Vision Series programmable logic controllers made by Unitronics, used across various industries. The hackers left a message declaring Israeli-made equipment as a legal target. The incident underscores the heightened cyber threat environment following geopolitical tensions.
Growth-Negative
Breaches by Iran-affiliated hackers spanned multiple U.S. states, federal agencies say
The Municipal Water Authority of Aliquippa in Pennsylvania was among several organizations in the US targeted by Iran-affiliated hackers. The hackers targeted a specific industrial control device because it is Israeli-made. The breach led to a temporary halt in pumping at a remote station that regulates water pressure for two nearby towns. The hackers left a digital calling card on the compromised device, stating that all Israeli-made equipment is a legal target. The advisory says the hackers, who call themselves Cyber Av3ngers, are affiliated with Irans Islamic Revolutionary Guards Corps.
Customers
Growth-Negative
Congressmen ask DOJ to investigate water utility hack, warning it could happen anywhere
The Municipal Water Authority of Aliquippa, Pennsylvania, was breached by foreign hackers, prompting a warning from the U.S. Justice Department to other water and sewage-treatment utilities about their vulnerability. The compromised industrial control system was made in Israel, and the hackers appear to have targeted the facility due to its link to Israel. The group behind the attack, Cyber Av3ngers, is believed to be aligned with Irans government. The breach led to a temporary halt in pumping at a remote station. The incident has raised concerns about the cybersecurity of critical infrastructure, much of which is privately owned.
Customers
growth-positive
הכנסות שיא ליוניטרוניקס ברבעון 3 - Techtime - חדשות אלקטרוניקה והייטק
Unitronics, a developer and manufacturer of programmable controllers (PLC) for the industrial world, reported record revenues in the third quarter of 2023. The companys revenues amounted to 54.9 million shekels, a growth of about 60% compared to 34.3 million shekels in the same quarter in 2022. The companys net profit in the third quarter of 2023 amounted to 13.6 million shekels, more than six times the net profit of 2.1 million shekels in the same quarter. The companys order backlog, as of the end of September, stands at 76.7 million shekels.
Customers
growth-negative
יוטרון מתרחבת בארה"ב: תקים חניון רובוטי בסן פרנסיסקו ב-3 מיליון דולר
יוטרון, יצרנית חניונים אוטומטיים ישראלית, חתמה על הסכם להקמת חניון חצי אוטומטי בסן פרנסיסקו בתמורה של 3 מיליון דולר. ב-12 החודשים האחרונים, יוטרון איבדה 44% משווי החברה, כנראה על רקע האינפלציה בשוק הצפון האמריקאי.
Customers
growth-positive
פימי במגעים למכירת השליטה ביוניטרוניקס לתאגיד איטלקי כלכליסט
Israeli automation systems manufacturer, Unitronics, is in talks to be acquired by Italian industrial giant, Bonfiglioli Riduttori. The deal is being negotiated at a premium of 20-30% over Unitronics market value, which stands at approximately 302 million shekels. FIMI, managed by Ishay Davidi, holds 50% of Unitronics shares and is leading the negotiations. The remaining shares are held by the companys chairman, Haim Shani, and the public. The exact return on investment will be calculated upon finalisation of the deal.
Acquisition
growth-positive
Unitronics to build New York parking lot
Unitronics has signed agreements totaling NIS 190 million for setting up automated parking lots and warehouses in the past six months. The company has been experiencing revenue growth and plans to split its automation solutions business into a new subsidiary called U-tron. Unitronics stock price has increased by 25% in the past six months. FIMI Opportunity Funds owns 50% of the company.
Expand
growth-negative
How our cars outgrew our car park spaces
The article discusses the strain on car parks due to the increasing size of cars, leading to more parking accidents. Cars have grown in size due to safety features and consumer demands, but parking spaces have not kept up. The standard bay size recommended in the 1970s is no longer sufficient for todays cars. Some car park operators, like NCP, are adding wider bays to accommodate larger vehicles. However, the future of parking is expected to be robotic and automated, with companies like Unitronics building car parks with lower head heights and tight packing. Self-driving cars are also expected to reduce the need for parking spaces.
Customers
growth-positive
FIMI buys 50% Unitronics stake for NIS 110m
FIMI Opportunity Funds has announced it will acquire 50% of Unitronics Industrial Automation Ltd. for NIS 110 million, NIS 60 million of which will be injected into the company to enhance its growth. The investment will be at a share price of NIS 16, reflecting a 30% premium on the market price. Unitronics CEO Haim Shani will continue as its CEO and will still own 22% of Unitronics shares. The parties have signed a joint control agreement.
InvestmentAcquisition
growth-positive
Israeli Firm Unitronics Provides More Parking In Less Space
Israeli firm Unitronics has developed an automated parking system to fit more cars in less space, saving time and money for builders and reducing pollution. The company brings decades of experience in the automated solutions industry and offers a compact and cost-efficient approach to residential auto parking. With the increasing need for parking spaces in city centers, Unitronics system provides a much-needed solution. The system allows for the construction of above-ground parking structures, even in limited space, by utilizing an Automated Vehicle Storage and Retrieval System (AVSRS). The company has the potential to build parking structures of any height using its automated system.
CustomersExpand
growth-positive
Unitronics to build Canada's largest automatic parking lot
Unitronics Systems, a subsidiary of Unitronics Industrial Automation Ltd., has signed a binding letter of intent with Properties Prestige to design, supply, and build an automatic parking lot in Calgary, Canada. The project is valued at $24 million and will provide 1,400 parking places for a major hotel chain. Unitronics has developed advanced proprietary technology to increase parking density and efficiency. The companys parking system can park three cars in the average space needed for one car in a conventional parking lot. Unitronics has a strong track record in building automatic warehouses and distribution systems, including one of the worlds largest logistics systems in the pharmaceutical industry.
CustomersPartners
Unitronics Team
Haim Shani
Founder & Co-Chairman
Founder
Itzhak Hai
CFO
Ivgeny Blokh
CTO
Boaz Karmy
VP Sales & Marketing
Al Betz
General Manager Inc
Employee Info
| Employees (range) | 51-200 |
| Exact count | 146 |
| Team members | 7 |
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Unitronics Internal
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Admin Info
| Confidence | 102/100 |
| Missing | markets |
| BI Verification | Natalia Golczar |
| Registrar ID | 520044199 |
| Crunchbase | unitronics |
| Phone | +97239778888 |
| Creator | Katie Kaplan |
| Creator email | katherinekaplan14@gmail.com |
| Last updater | Maor Perlov |
| Updater email | maor.perlov@sncentral.org |
| Last update | 2024-06-03T00:00:00.000Z |
| Created | 2014-07-08T00:00:00.000Z |
| Claimed | Yes |
| Status detail | Public on TASE on May, 2004; |