About
DRS 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 such as active military protection, counter-UAS, critical infrastructure protection, and border surveillance.
DRS RADA offers advanced pulse-Doppler, multi-mission, and AESA radar systems for tactical applications. These software-defined radar systems are designed to achieve hemispheric spatial coverage in a cost-effective way.
The company's intelligence, surveillance, and reconnaissance (ISR) solutions are based on fiber-optic gyros and micro-electromechanical sensors, which provide cost-effective solutions for aerial and land tactical vehicles.
RADA also develops airborne video and data recorders, offering a wide range of solid-state digital recorders, cameras, and debriefing systems and complete avionic upgrade suites for combat and ISR aircraft.
Funding history · 2 rounds · $35.3M total
Company Intelligence Q&A
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- When was DRS RADA Technologies acquired and by whom?
- DRS RADA Technologies was acquired by Leonardo DRS in November 2022.
- What was the total amount of funding raised by DRS RADA Technologies before its acquisition?
- DRS RADA Technologies raised a total of $35.3 million through PIPE rounds. For a full financing history, please refer to startupim.
- When did DRS RADA Technologies establish its US headquarters and manufacturing facility?
- DRS RADA Technologies officially opened its US Headquarters and Manufacturing Facility in Germantown, Maryland, in December 2019.
- What was a significant development regarding DRS RADA Technologies' production in the US?
- In March 2020, DRS RADA Technologies announced the first US production at its US facility.
- What was DRS RADA Technologies' revenue forecast for 2022?
- In January 2022, DRS RADA Technologies forecasted revenues of $140 million for 2022 and presented a medium-term organic revenue goal of $250 million.
- What was a key strategic partnership announced by DRS RADA Technologies in August 2021?
- In August 2021, DRS RADA Technologies and ADTL signed a Memorandum of Understanding (MOU) to establish a Joint Venture (JV) in India.
- When did DRS RADA Technologies dual-list its shares on the Tel Aviv Stock Exchange?
- DRS RADA Technologies joined TASE's Dual Listed Companies in February 2021, following an announcement of its plans in January 2021.
- What was the reported new business for DRS RADA Technologies in Q1 2022?
- DRS RADA Technologies reported over $29 million in new business in Q1 2022.
- What was the status of DRS RADA Technologies' C-RAM radars around the Gaza Strip in May 2021?
- In May 2021, DRS RADA Technologies' network of C-RAM radars around the Gaza Strip was reported to be saving civilian and military lives.