Matalon develops technology in the renewable energy field, with a primary focus on sun trackers and the concentration of light on solar panels. The companys tracker uses the solar panels themselves as both the controllers and the power source to operate the sun-tracking machine, providing a self-controlled, stand-alone system. Matalon currently holds two subsidiaries: Matalon Industries Ltd, a renewable energy plant; and Matalon World Electric Company, which manages global projects.