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, a significant milestone in its journey to provide electrical power quality solutions.

Business overview

Elspec Engineering is a technology provider specializing in electrical power quality analyzers, real-time power factor correction systems, and energy-saving solutions. The company's core technology focuses on monitoring and improving power quality to enhance energy efficiency. It serves a diverse range of markets and industries, including industrial, commercial, and utility sectors, with installations in data centers, factories, commercial buildings, and healthcare centers. Elspec operates within the Energy Tech sector, specifically addressing energy consumption and efficiency, and has a global infrastructure of partners across 75 countries.

Strategic signal

In July 2022, Samsung installed Elspec's power stabilization systems at the world's largest pharmaceutical factory. This deployment highlights Elspec's capability to deliver critical energy efficiency solutions to large-scale industrial operations, signaling strong market validation and potential for further adoption in demanding environments.

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 become a public company?

Elspec Engineering became public on TASE in May 2004.

What is Elspec Engineering's employee count?

Elspec Engineering has 51–200 employees.

Which major company recently utilized Elspec Engineering's systems?

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