DRS RADA Technologies
Tactical Radar and Avionics Systems
Startup Acquired Aerospace, Defense & HLS Est. 1970 Acquired
Total Raised
$35.3M
Acquired
Last Round
Undisclosed
4 rounds
Investors
5
5 public
Team
5
500+ employees
Confidence
100/100
News
34
articles
About
DRS RADA is a global defense technology company focused on proprietary radar solutions and legacy avionics systems. The company is a leader in mini tactical radars, serving attractive, high-growth markets such as active military protection, counter-UAS, critical infrastructure protection, and border surveillance. DRS RADA offers advanced pulse-Doppler, multi-mission, and AESA radar systems for tactical applications. These software-defined radar systems are designed to achieve hemispheric spatial coverage in a cost-effective way. The company's intelligence, surveillance, and reconnaissance (ISR) solutions are based on fiber-optic gyros and micro-electromechanical sensors, which provide cost-effective solutions for aerial and land tactical vehicles. RADA also develops airborne video and data recorders, offering a wide range of solid-state digital recorders, cameras, and debriefing systems and complete avionic upgrade suites for combat and ISR aircraft.
Classification
Sector
Aerospace, Defense & HLSDefense & HLS SolutionsDefense Electronics
Core Technology
Machinery & RoboticsDronesSensingRadar
Target Customer
Defense, Safety & SecurityNational SecurityMilitarySecurityHomeland Security
Business Model
B2GB2B
Tags
aviationnavigationaerospacesensorsunmanned-aerial-vehiclesurveillancedefensehomeland-securitymarinemilitarymanufacturingsoftware-applicationsanti-dronesarmor
Funding & Events
Sep 2023
Exit Undisclosed
Nov 2022
Exit Undisclosed
Mar 2020
PIPE $25.3M
Undisclosed Investor(s)
Jan 1985
Exit Undisclosed
Feb 2021
Exit Undisclosed
Aug 2017
PIPE $10M
Phoenix Insurance, Yelin Lapidot Investment House, Noked Capital, More Investment House
News (34)
Nov 29, 2022 ยท www.naval-technology.com
growth-positive
Leonardo and RADA complete merger to form new public company
AcquisitionPublic Trading
Jun 21, 2022 ยท www.calcalistech.com
growth-positive
Israeli radar maker RADA to be acquired by Leonardo in $670 million deal CTech
Acquisition
May 10, 2022 ยท www.globenewswire.com
growth-negative
RADA Reports Q1 2022 Results & Reaffirms Full Year Guidance
Customers
Apr 18, 2022 ยท newsazi.com
growth-positive
RADA Reports over-$29 Million in New Business in Q1 of 2022 - News Azi
CustomersPartners
Feb 3, 2022 ยท en.globes.co.il
growth-positive
Israeli defense electronics co RADA could be up for sale
InvestmentAcquisition
Jan 17, 2022 ยท www.globenewswire.com
growth-positive
RADA Forecasts Revenues of $140 Million for 2022 and Presents its Medium-Term Organic Revenue Goal of $250 Million
InvestmentExpand
Nov 11, 2021 ยท www.prnewswire.com
growth-positive
RADA Receives $5 million in Initial Pre-Orders for its Advanced exMHR Radar Platform
CustomersExpand
Nov 3, 2021 ยท www.globenewswire.com
growth-positive
RADA Reports Adjusted EBITDA growth of 162% YoY Reaching $8.2 million in its Record Q3/2021 Results
Customers
Oct 7, 2021 ยท www.prnewswire.com
growth-positive
RADA Reports $24 Million in New Business in Q3 of 2021
CustomersPartners
Aug 16, 2021 ยท www.globenewswire.com
growth-positive
RADA and ADTL Sign MOU to Establish JV in India
PartnersCustomers
May 16, 2021 ยท www.globenewswire.com
growth-positive
RADA's Network of C-RAM Radars Around the Gaza Strip is Saving Civilian and Military Lives
Customers
Apr 8, 2021 ยท trailer.web-view.net
growth-positive
ืžื ื™ื™ืช ืจืื“ื ื ื•ืกืงืช ื‘ืขืงื‘ื•ืช ื’ื™ื“ื•ืœ ืฉืœ 50% ื‘ื”ื–ืžื ื•ืช
Customers
Feb 11, 2021 ยท techtime.co.il
growth-positive
ืจืื“ื ื”ืฉืงื™ืขื” 3 ืžื™ืœื™ื•ืŸ ื“ื•ืœืจ ื‘ื™ืฆืจื ื™ืช ืžื›"ื ืœืจื›ื‘ - Techtime - ื—ื“ืฉื•ืช ืืœืงื˜ืจื•ื ื™ืงื” ื•ื”ื™ื™ื˜ืง
InvestmentExpand
Feb 1, 2021 ยท www.globenewswire.com
growth-positive
RADA Joins TASE's Dual Listed Companies
Public Trading
Jan 11, 2021 ยท www.globenewswire.com
growth-positive
RADA Announces its Plans to Dual-List its Ordinary Shares on the Tel Aviv Stock Exchange
Public Trading
Jan 7, 2021 ยท en.globes.co.il
growth-positive
DBSI sells 9% stake in RADA to Israeli institutions
Investment
Dec 21, 2020 ยท www.prnewswire.com
growth-positive
RADA Expects 2021 Revenues to Grow by Over 60% to Above $120 million
CustomersInvestment
Dec 18, 2020 ยท www.prnewswire.com
growth-positive
RADA Announces a Record $102 million in New Orders for 2020
CustomersPartners
Nov 10, 2020 ยท finance.yahoo.com
https://finance.yahoo.com/news/rada-reports-q3-2020-results-112600216.html
Nov 10, 2020 ยท www.calcalist.co.il
growth-positive
ื›ื•ื—ื•ืช ื”ื‘ื™ื˜ื—ื•ืŸ ื”ืืžืจื™ืงื ื™ื™ื ืจื›ืฉื• ื™ื•ืชืจ ืžื›"ืžื™ื - ื”ื›ื ืกื•ืช ืจืื“ื ื–ื™ื ืงื• ื‘-80%
Customers
+ 14 more articles
Details
Product Stage
Released
Employees
500+
Exact Count
712
Founded
1970
Registrar
520035320
Crunchbase
rada-electronic-industries-ltd
Locations
Sderot Giborei Israel 7, Netanya, Israel
20511 Seneca Meadows Parkway, Germantown, MD, USA
Links
Website
LinkedIn
Facebook
Careers
Admin
Last Update
Dec 17, 2024
Verified by
Rachel Wain
Missing
markets
Team (5)
Yaniv Dorani
COO
Oleg Kiperman
CTO
Dov (Dubi) Sella
SVP, GM
Gil Schwartz
VP Marketing & BD
Ronit Bar
VP People
Internal
Created by
Rachel Wain (rachelwain18@gmail.com)
Created
2014-11-12T00:00:00.000Z
Last editor
Yanina Wainscheinker (yanina.wainscheinker@sncentral.org)
Status
Acquired by Leonardo DRS on Nov, 2022