About
Arad Group designs, develops, manufactures, sells, and provides support for its water meters to residential, bulk, irrigation, and water management companies around the world. The company offers fully implemented, comprehensive remote meter-reading solutions for walk-by, drive-by, and fixed network systems that require no physical access or visual meter inspection, allowing utilities and water companies to automatically control remote water meters in real time. Arad has an in-house molding and injection manufacturing plant and operates a testing and quality control bench that examines each water meter separately. The company manufactures more than 500,000 units a year, with millions of its water meters installed worldwide.
Company Intelligence Q&A
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- When did Arad Group become a publicly traded company?
- Arad Group became public on the TASE (Tel Aviv Stock Exchange) in December 2004.
- What was a significant acquisition made by Arad Group in 2018?
- In October 2018, Arad Group completed the acquisition of Watertech, an Italian company.
- What type of product did Arad Group develop for Sabbath-observant users?
- In October 2013, Arad Group developed a Sabbath-observant water meter that allows water to flow 24/7.
- Did Arad Group secure any international deals in 2010?
- In January 2010, Arad Technologies and a French company won a water deal in India.
- What is Arad Group's primary business model?
- Arad Group operates with B2G (Business-to-Government) and B2B (Business-to-Business) business models, targeting customers such as municipalities, government, and water utilities.
- How many employees does Arad Group currently have?
- Arad Group currently has between 201 and 500 employees, with an exact count of 268.
- What is the primary sector of Arad Group?
- Arad Group's primary sector is Industrial Technologies.
- Where is Arad Group's headquarters located?
- Arad Group's headquarters is located in Yokne'am Illit, Israel.