Ashot Ashkelon
Transmission Gearboxes for Aerospace and Defense
Startup Public Aerospace, Defense & HLS Est. 1970 Acquired
Total Raised
Undisclosed
Public
Last Round
Undisclosed
1 rounds
Team
6
51-200 employees
Confidence
91/100
News
6
articles
About
Ashot Ashkelon supplies technologically advanced systems and components for the aerospace, defense, and automotive industries. The company specializes in manufacturing a broad range of gears and shafts for OEM jet engine producers. The shafts are constructed from a variety of materials, including steel, titanium, and nickel-based superalloys. Ashot has the necessary facilities and equipment to develop, produce, and assemble a myriad of systems, subsystems, and components under one roof. Its manufacturing capabilities include production engineering, machining, gear cutting and finishing, deep-hole drilling and boring, heat treatments, NDT, surface finishing, and quality assurance.
Classification
Sector
Industrial TechnologiesManufacturing Processes & SystemsAerospace, Defense & HLSDefense & HLS SolutionsCombat Equipment & Systems
Core Technology
Components
Target Customer
Industrial ManufacturingDiscrete IndustriesDefenseAutomotiveAerospaceDefense, Safety & SecurityNational SecurityMilitary
Business Model
B2GB2B
Tags
engineeringdefenseaerospaceautomotivematerialsmanufacturingspace-tech
Funding & Events
Oct 2021
Exit $88M
Mar 2018
Exit $500M
Jan 1993
Exit Undisclosed
News (6)
Oct 21, 2021 · en.globes.co.il
growth-negative
FIMI buys Ashot Ashkelon stake from Elbit Systems for $88m
Acquisition
Oct 29, 2020 · www.springfieldnewssun.com
growth-positive
Springfield company lands 'first ever' partnership with Israeli firm
Partners
Mar 11, 2018 · www.maariv.co.il
growth-positive
אלביט רוכשת את חברת תעש מערכות בסכום של 1.8 מיליארד שקלים
Acquisition
Mar 11, 2018 · en.globes.co.il
growth-positive
Elbit Systems to acquire IMI Systems for NIS 1.8b
AcquisitionExpand
Jun 15, 2016 · aviationweek.com
growth-positive
Hybrid-Electric Propulsion For Rotax
Partners
Mar 28, 2016 · www.globes.co.il
growth-positive
Ashot Ashkelon: Defense industry success story
AcquisitionInvestment
Details
Product Stage
Released
Employees
51-200
Exact Count
122
District
South District
Founded
1970
Registrar
520037581
Crunchbase
ashot-ashkelon
Locations
Ezra St 1, Ashkelon, Israel
Links
Website
LinkedIn
Facebook
Careers
Admin
Last Update
Jun 12, 2025
Verified by
Natalia Golczar
Missing
markets, not claimed
Team (6)
Eli Damari
President & CEO
Yair Kaufman
VP Finance and Control
Natali Eliyahu
VP HR
Amit Moshe
VP Operations
Ron Pirostela
VP Strategic Planning
Yehuda Hadrian
Director of Engineering