Orad

Company Overview

Snapshot

Founded in January 1971, Orad is a public company with 51–200 employees. The company has raised a total of $12M across three funding rounds. In October 2015, Orad acquired SolarPower, expanding its capabilities.

Business overview

Orad provides comprehensive security solutions, specializing in perimeter defense, surveillance, access control, traffic management, fire detection, and IT communication. The company's core technology includes advanced electronic fences, night vision systems, radar arrays, CCTV video analysis, and biometric systems. Orad serves a diverse range of industries and markets, including airports, seaports, oil and gas companies, banks, hospitals, universities, casinos, and military installations, operating within the security and safety technologies sector.

Strategic signal

Orad's strategic move into the renewable energy sector, highlighted by its plan to build four solar power stations in the Negev region, indicates a significant diversification beyond its traditional security offerings. This expansion into solar energy suggests a proactive approach to leveraging its infrastructure and project management expertise in new, high-growth markets, signaling potential for broader revenue streams and market relevance to investors.

Company Intelligence Q&A

When did Orad become a public company?

Orad became a public company in June 2007, listing on the TASE.

What was a significant acquisition made by Orad?

In October 2015, Orad acquired SolarPower, a company focused on solar energy solutions.

What was a key development for Orad in the renewable energy sector?

In October 2017, Orad announced plans to build four solar power stations in the Negev region.

What type of technology did Orad showcase in June 2017?

In June 2017, Orad showcased its drone interception technology.