Last updated 2026-08-12
- Raised $16.2B Follow-on PO, Aug 2026
- Raised $2.2B IPO led by state, Jun 2026
- Raised $8.7B grant led by Israel MOD, Nov 2025
Total raised
$43.3B
Stage
Mature
Founded
1948
Headcount
500+
HQ
Haifa, Israel
Sector
Defense Technology
About
Rafael Advanced Defense Systems Ltd. is an Israeli defense technology company that develops, manufactures, and supplies a wide range of high-tech defense systems for air, land, naval, space, and digital applications. The company's products include air defense systems like Iron Dome and David's Sling, air-to-air and air-to-surface missiles, active protection systems for armored vehicles, and cyber intelligence solutions. Rafael was founded in 1948 as Israel's National R&D Defense Laboratory within the Ministry of Defense and was incorporated as a limited company in 2002. It is a government-owned corporation and a major supplier to the Israel Defense Forces (IDF), also exporting its systems globally.
Funding history · 14 rounds · $43.3B total
2026-08
Follow-on PO
$16.2B
2026-06
IPO
$2.2B
★ state★ Rafael★ Elron Ventures★ Israeli government★ Romania's Ministry of Defense★ Rafael Advanced Defense Systems★ Romania's Ministry of National Defense★ Romania's Ministry of National DefenceKratosDefense Ministry (Israel)Public investors (planned)Israel Ministry of DefenseMinistry of Finance (Israel)Romanian Ministry of DefenseGovernment Companies AuthorityPublic investors on Tel Aviv Stock Exchange (TASE)
2026-01
Follow-on PO
$13.5M
★ Israeli governmentState of IsraelPublic investors (via TASE)
2025-11
Grant
$8.7B
★ Israel MOD★ U.S. aid package★ Israel Ministry of Defense★ Israeli Ministry of Defense★ US Congress (via Israeli Ministry of Defense)Israel Defense Forces (IDF)U.S. Missile Defense Agency
2025-06
Seed
$2.1B
★ Romania's Ministry of DefenseRomanian Ministry of Defense
2025-01
Grant
$5.2B
★ US Congress★ US Government★ Israeli Ministry of DefenseUS military aidU.S. aid packageUS military aid packageIsrael Ministry of DefenseUS Government/Ministry of Defense
2024-04
Grant
$8.7B
★ US Congress★ U.S. Congress
2022-09
Pre-Seed Extension
Undisclosed
★ Rafael Advanced Defense Systems
2019-02
Pre-Seed Extension
$244.0M
★ Rafael Advanced Defense Systems
2011-04
Secondary
Undisclosed
★ Yovav Gavish
2002
Grant
Undisclosed
★ Israeli Government★ Government of Israel
1993
Pre-Seed
Undisclosed
★ Elron Electronic IndustriesRafael Advanced Defense Systems
1954
Grant
Undisclosed
★ David Ben-Gurion★ Government of Israel★ Ministry of Defense (Israel)
1948
Grant
Undisclosed
★ Ministry of Defense★ Israeli Ministry of Defense
Q&A
- What is Rafael Advanced Defense Systems' primary business?
- Rafael Advanced Defense Systems is a state-owned Israeli defense technology company that develops and manufactures advanced military systems for air, land, sea, space, and cyber applications.
- When was Rafael Advanced Defense Systems founded?
- Rafael Advanced Defense Systems was founded in 1948.
- How many employees does Rafael Advanced Defense Systems have?
- Rafael Advanced Defense Systems has 500+ employees.
- What significant acquisition did Rafael Advanced Defense Systems make in February 2019?
- In February 2019, Rafael Advanced Defense Systems acquired Aeronautics Group for $244,000,000.
- What acquisitions did Rafael Advanced Defense Systems make in September 2022?
- In September 2022, Rafael Advanced Defense Systems acquired Pearson Engineering and Responsive Engineering.
- What acquisition did Rafael Advanced Defense Systems make in June 2022?
- In June 2022, Rafael Advanced Defense Systems acquired PVP Advanced EO Systems, Inc.
- What is a recent expansion plan for Rafael Advanced Defense Systems?
- In July 2026, Rafael Advanced Defense Systems plans to produce Iron Dome interceptors in India.
- What recent acquisition did Rafael Advanced Defense Systems make in May 2026?
- In May 2026, Rafael Advanced Defense Systems acquired a factory from Volkswagen in Germany.
Team · 2
Yoav Tourgeman
CEO and President
Yuval Steinitz
Chairman of the Board
Sectors & technology
Primary sector
Defense Technology
Technologies
Target customers
Business model
B2G
Highlights
Patents
Tags
defenseaerospacemilitary-technologycyber-securitymissile-defensegovernment-owned
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
Identifiers & details
| Legal name | Rafael Advanced Defense Systems Ltd. |
|---|---|
| Founded | 1948 |
| Employees (exact) | 6005 |
| Wikidata QID | Q154610 |
Acquisitions & public offerings
| Acquired | Date | Amount |
|---|---|---|
| Pearson Engineering | 2022-09 | |
| Responsive Engineering | 2022-09 | |
| PVP Advanced EO Systems, Inc. | 2022-06 | |
| Kanfit | 2019-09 | |
| Aeronautics Group | 2019-02 | $244.0M |
| Visionmap | 2016-01 | |
| MPrest | 2010-01 |
Radar intelligence
Patents
| EPO | 318 |
|---|
Web history (Wayback)
| Domain | rafael.co.il |
|---|
Wikidata
| QID | Q154610 |
|---|
Certificate / subdomain footprint
| Subdomains | 200 |
|---|
Israeli Companies Registrar (רשם החברות / ICA)
| Registrar # (ח.פ.) | 520042185 |
|---|---|
| Status | פעילה |
| Corp type | ישראלית חברה פרטית |
| Incorporated | 1995-01-01 |
| Purpose | לעסוק בסוגי עיסוק שפורטו בתקנון |
| Liability | מוגבלת |
| In violation (unfiled) | no |
| Last annual report | 2026 |
| Active charges / liens | 0 |
| Registry events | 4 — annual_report (4) |
| Registered address | דרך עכו 0 חיפה |
Recent registry events
| Date | Event |
|---|---|
| 2026-05-31 | דו~ח שנתי-הוספת בעל תפקיד |
| 2026-05-31 | דו~ח שנתי-הסרת דירקטור |
| 2026-05-31 | דו~ח שנתי-הסרת בעל תפקיד |
| 2026-05-31 | דו~ח שנתי-הוספת דירקטור |