Elspec Engineering

Company Overview

Snapshot

Founded in May 1988, Elspec Engineering operates with 51–200 employees. The company became public on TASE in May 2004, marking a significant milestone in its journey.

Business overview

Elspec Engineering is a technology provider specializing in electrical power quality analysis, real-time power factor correction systems, and energy-saving solutions. The company's core offerings include power quality analyzers and monitoring software designed to ensure sustainable and efficient use of electrical energy. Elspec serves a diverse range of markets, including industrial, commercial, and utility sectors, with installations in data centers, factories, commercial buildings, and healthcare centers across 75 countries. Its solutions address power quality disturbances such as sags, swells, harmonics, and voltage fluctuations, contributing to energy efficiency and grid stability.

Strategic signal

In July 2022, Elspec Engineering's power stabilization systems were installed at the world's largest pharmaceutical factory by Samsung. This deployment highlights the company's capability to deliver critical infrastructure solutions for large-scale industrial operations, signaling strong validation of its technology and potential for further expansion into high-demand sectors requiring robust power quality management.

Company Intelligence Q&A

When was Elspec Engineering founded?

Elspec Engineering was founded in May 1988.

What is Elspec Engineering's primary focus?

Elspec Engineering focuses on providing electrical power quality analyzers, real-time power factor correction systems, and energy-saving solutions for industrial, commercial, and utility sectors.

When did Elspec Engineering go public?

Elspec Engineering went public on TASE in May 2004.

What was a notable recent deployment of Elspec Engineering's technology?

In July 2022, Samsung installed Elspec Engineering's power stabilization systems at the world's largest pharmaceutical factory.

What are some of the key products offered by Elspec Engineering?

Elspec Engineering offers products such as PQSCADA Sapphire, PQDIF Viewer, COMTRADE Viewer, and PUREBB.