RADA Reports Adjusted EBITDA growth of 162% YoY Reaching $8.2 million in its Record Q3/2021 Results
Retrieved on:
Wednesday, November 3, 2021
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Netanya
RADA Electronic Industries Ltd. Announces Departure of Mr. Haim Regev as a Director
Retrieved on:
Monday, August 16, 2021
Mr. Regev has served as a director of the Company since May 2019.
Key Points:
- Mr. Regev has served as a director of the Company since May 2019.
- The Company thanks Mr. Regev for his service as a member of its Board of Directors and wishes him much success in his new position.
- About RADA Electronic Industries Ltd.
RADA is a global defense technology company focused on proprietary radar solutions and legacy avionics systems. - The Company is a leader in mini-tactical radars, serving attractive, high-growth markets, including active military protection, counter-UAS, critical infrastructure protection and border surveillance.
RADA and ADTL Sign MOU to Establish JV in India
Retrieved on:
Monday, August 16, 2021
Unmanned aerial vehicle, NASDAQ, Indian Armed Forces, Radar configurations and types, Defense, RADA Electronic Industries, TASE, UAV, Company, RADA, VSM, Tactical communications, BEL Battle Field Surveillance Radar, Military, GLOBE, Partnership, Private, National Service Products Organization, SDR, Government, Technology, EW, Indian government response to the COVID-19 pandemic, UAS, Solution, Weapon
NETANYA, Israel, Aug. 16, 2021 (GLOBE NEWSWIRE) -- RADA Electronic Industries Ltd. (NASDAQ: RADA, TASE: RADA), a leading global provider of advanced software-defined tactical radars for the maneuver force (RADA), and Alpha Design Technologies Pvt.
Key Points:
- NETANYA, Israel, Aug. 16, 2021 (GLOBE NEWSWIRE) -- RADA Electronic Industries Ltd. (NASDAQ: RADA, TASE: RADA), a leading global provider of advanced software-defined tactical radars for the maneuver force (RADA), and Alpha Design Technologies Pvt.
- Ltd., (ADTL), a 1,200+ people-strong, professional R&D and Production Organization, focused on the Defense and Aerospace domain, have executed a Memorandum of Understanding to establish a Joint Venture to market, manufacture, sell and support RADAs radars in India.
- Based on Indian defense doctrines for air defense and force protection, RADA envisions this market as a strategic growth opportunity.
- India is such a market for us, and we look forward to begin building our Indian entity with our partner ADTL.
RADA Reports Record Q2/2021 Results
Retrieved on:
Monday, August 2, 2021
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Eitan Medical Opens German Head Office, Expands European Presence to Support Growing Customer Base
Retrieved on:
Thursday, July 15, 2021
"By establishing this new office, we are perfectly situated to support our European customers and local distributors, while also introducing our proven solutions to new markets.
Key Points:
- "By establishing this new office, we are perfectly situated to support our European customers and local distributors, while also introducing our proven solutions to new markets.
- With the establishment of Eitan Medical Germany GmbH and the opening of its head office for the DACH region, Eitan Medical will be well-positioned to support its customers and collaborate even more closely with its existing local partners.
- For over a decade, Eitan Medical has provided safe, intuitive, and flexible solutions that meet evolving drug delivery needs.
- Eitan Medical, Sapphire, and Avoset are trademarks or registered trademarks of Eitan Medical.
RADA Schedules Second Quarter 2021 Results Release & Conference Call on Monday, August 2, 2021
Retrieved on:
Tuesday, July 13, 2021
NETANYA, Israel, July 13, 2021 (GLOBE NEWSWIRE) -- RADA Electronic Industries Ltd. (NASDAQ: RADA, TASE: RADA ) announced that it would be releasing its financial results for the second quarter of 2021 on Monday, August 2, 2021.
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- NETANYA, Israel, July 13, 2021 (GLOBE NEWSWIRE) -- RADA Electronic Industries Ltd. (NASDAQ: RADA, TASE: RADA ) announced that it would be releasing its financial results for the second quarter of 2021 on Monday, August 2, 2021.
- The Company will host a conference call on the same day, starting at 9:00 am ET.
- Dov Sella, Chief Executive Officer and Avi Israel, Chief Financial Officer, will host the call and will be available to answer questions after presenting the results.
- RADA is a global defense technology company focused on proprietary radar solutions and legacy avionics systems.
RADA Reports $56 Million in New Orders in the First Half of 2021
Retrieved on:
Tuesday, July 6, 2021
NETANYA, Israel, July 06, 2021 (GLOBE NEWSWIRE) -- RADA Electronic Industries Ltd. (NASDAQ: RADA, TASE: RADA) announced today the receipt of $32 million of new orders in the second quarter of 2021.
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- NETANYA, Israel, July 06, 2021 (GLOBE NEWSWIRE) -- RADA Electronic Industries Ltd. (NASDAQ: RADA, TASE: RADA) announced today the receipt of $32 million of new orders in the second quarter of 2021.
- Including the previously reported $24 million in orders received during the first quarter of 2021, the total amount of new orders received in the first half of 2021 was $56 million.
- This represents a year-over-year growth of 37% in new orders during the first half of 2021.
- The majority of the new orders are expected to be delivered during the second half of 2021.
RADA Teams Up with BeyondMinds on Advanced AI Solutions for Tactical Radars
Retrieved on:
Monday, June 21, 2021
NETANYA, Israel, June 21, 2021 (GLOBE NEWSWIRE) -- RADA Electronic Industries Ltd. (NASDAQ: RADA, TASE: RADA), a leading global provider of advanced software-defined tactical radars for the maneuver force, and BeyondMinds, a leading global provider of artificial intelligence (AI) solutions, have executed a Letter of Intent to establish strategic teaming to develop and productize advanced AI and deep learning (DL) solutions for RADAs tactical radars.
Key Points:
- NETANYA, Israel, June 21, 2021 (GLOBE NEWSWIRE) -- RADA Electronic Industries Ltd. (NASDAQ: RADA, TASE: RADA), a leading global provider of advanced software-defined tactical radars for the maneuver force, and BeyondMinds, a leading global provider of artificial intelligence (AI) solutions, have executed a Letter of Intent to establish strategic teaming to develop and productize advanced AI and deep learning (DL) solutions for RADAs tactical radars.
- RADA has defined AI as a core capability, and has recently assembled a core group, which along with BeyondMinds cutting-edge AI models and unique solutions, is expected to maintain and enhance RADAs leadership in the market of tactical radars for the maneuver force.
- Solutions will focus on increased accuracy, advanced target classification and dynamic adaptation of radar performance to the ever-changing operational environment.
- BeyondMinds AI platform overcomes the massive failure rate of AI adoption, enabling enterprises a fast, easy, and reliable path to AI impact.
Delek Group - Conference Call for Investors Following Publication of Financial Statements
Retrieved on:
Monday, May 31, 2021
TEL AVIV, Israel, May 31, 2021 /PRNewswire/ -- Earlier today,Delek Group (TASE: DLEKG) ("the Company") published its Q1 2021 financial statements.
Key Points:
- TEL AVIV, Israel, May 31, 2021 /PRNewswire/ -- Earlier today,Delek Group (TASE: DLEKG) ("the Company") published its Q1 2021 financial statements.
- The Company's management will hold conference calls to review the financial statements on two occasions, in Hebrew and in English.
- Delek Group is an independent E&P company with activities in the UK North Sea and the East Mediterranean.
- Delek Group is one of Israel's largest and most prominent companies with a consistent track record of growth.
RADA’s Network of C-RAM Radars Around the Gaza Strip is Saving Civilian and Military Lives
Retrieved on:
Sunday, May 16, 2021
The network of radars covers the entire Gaza strip, is in full operational use for quite a while, and demonstrates its utmost value during the current ongoing hostile activities.
Key Points:
- The network of radars covers the entire Gaza strip, is in full operational use for quite a while, and demonstrates its utmost value during the current ongoing hostile activities.
- Many of our radars are currently in active operational use by the IDF and doing an excellent job in identifying and alerting short-range C-RAM threats.
- Our products are playing a key role in saving lives and in protecting assets.
- This is a clear live demonstration of the value that our C-RAM and SHORAD radars bring and to the growth potential ahead of us.