Aeronautics Defense Systems
Aeronautics Orbiter Mini UAV System
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Native name
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אירונאוטיקס בע"מ |
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| Limited company | |
| Industry | Defense Aerospace |
| Founded | 1997 |
| Founder | Zvika Nave, Moshe Caspi and Avi Leumi |
| Headquarters | Yavne, Israel |
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Key people
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Amos Mathan CEO |
| Products | Unmanned aerial vehicle |
| Revenue |
 ₪ 550 million (2015) |
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Number of employees
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600 (2015) |
| Subsidiaries |
RT Aerostats Systems Zanzottera Technologies Commtact |
| Website | www |
Aeronautics Ltd. (Hebrew: אירונאוטיקס בע"מ) (formerly NETS Integrated Avionics Systems) is an Israeli company specializing in the manufacturing of Unmanned Aerial Systems in the Mini, Tactical and MALE UAS categories. Since its establishment in 1997, the company's products have been sold to over 45 defense, military and homeland security customers on 5 continents. Its headquarters are in Yavne, Israel.
Aeronautics’ senior management is made up of leading figures from Israel’s defense, financial and political sectors. The Company's CEO is Amos Mathan, who previously served as the CEO of Soltam Systems. The Chairman of the Board Is Eitan Ben Eliyahu, a retired Major General in the Israel Defense Forces who was the Commander of the Israeli Air Force.
The company was founded by Zvika Nave, Moshe Caspi and Avi Leumi in 1997 as a start-up called NETS Integrated Avionics Systems. Since its inception, Aeronautics focused on developing low cost, miniature Unmanned Aerial Systems and managed to stand out both in the Israeli and the global markets. In 2000, the company introduced the world's smallest avionics system, which eventually evolved into the Orbiter 1 kg UAV
In 2004, Aeronautics launched Seastar, one of the world's first unmanned maritime vehicles
In 2006, Aeronautics signed a $250 million deal with Nigeria to supply unmanned aerial vehicles and unmanned ships to protect the Niger Delta area, the country's main stockpile of oil.
In 2007, Internet entrepreneur Avi Shaked (founder of 888 Holdings) acquired 33% of the company's share for $20 million.
In 2009, Viola Private Equity partners, a group founded by investor Shlomo Dovrat, bought $20 million worth of the company's preference shares at a valuation of $200 million.
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