Israel Shipyards
Naval Vessel Design, Construction, and Repair
Company Overview
Snapshot
Founded in January 1959, Israel Shipyards operates with 51–200 employees. The company has raised $100.29 million across one funding round from 0 investors. A significant milestone for the company was its public listing on the TASE in September 2020.
Business overview
Israel Shipyards specializes in the design, construction, repair, and renovation of naval vessels, including merchant ships, floating docks, tugs, and service boats. The company's core technology involves developing missile boats, offshore patrol vessels, and fast patrol crafts. It serves the defense and maritime logistics industries, operating within the Aerospace, Defense & HLS sector and targeting global markets.
Strategic signal
In June 2022, Israel Shipyards launched the first SHALDAG MK5 vessel for the Israeli Navy. This event signals the company's continued innovation and its role as a key supplier of advanced naval assets, reinforcing its strategic importance in the defense sector and demonstrating ongoing product development and delivery capabilities.
Company Intelligence Q&A
- When did Israel Shipyards go public?
- Israel Shipyards went public on the TASE in September 2020, raising $100.29 million in its initial public offering.
- What significant vessel did Israel Shipyards launch in June 2022?
- In June 2022, Israel Shipyards launched the first SHALDAG MK5 vessel for the Israeli Navy, highlighting its ongoing contributions to naval defense capabilities.
- What type of vessel did Israel Shipyards deliver to Honduras in December 2019?
- In December 2019, Israel Shipyards delivered an Offshore Patrol Vessel to Honduras, demonstrating its international reach and export capabilities.
- What was a key development for Israel Shipyards in September 2017?
- In September 2017, Israel Shipyards launched a patrol ship built for the Cypriot Navy, showcasing its expertise in constructing vessels for international clients.
- What was the nature of the news regarding Israel Shipyards in September 2019?
- In September 2019, Israel Shipyards was reported to be selling OPV-45s and in talks for SA'AR-S 72, indicating active engagement in naval vessel sales and negotiations.