# Aeronautics Ltd.

Aeronautics Ltd. is an Asset Manager based in Yavne, Israel.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Yavne, Israel
- **Region:** Middle East
- **Address:** Yavne, Israel
- **Founded:** 1990
- **Assets under management:** Undisclosed
- **Website:** aeronautics-sys.com

## Regulatory record

- **Reports private funds:** No

## About

Aeronautics Ltd. was founded in 1990 and is headquartered in Yavne, Israel. The company was led by CEO Ron Karidi as of its last public filings, with Eitan Priel serving as CFO. Aeronautics initially grew as a niche developer of unmanned aerial vehicles (UAVs) for the Israeli defense sector, later expanding into international markets. The firm focuses on the design and production of tactical unmanned aircraft systems, including the Orbiter series, which are used for intelligence, surveillance, target acquisition, and reconnaissance. Core asset classes include defense hardware, aerospace engineering, and robotics. The company's products have been sold to defense ministries in Europe, Asia, and Africa. In 2021, Aeronautics was acquired by Rafael Advanced Defense Systems and delisted from the Tel Aviv Stock Exchange, 2021). As of its 2022 annual report, Aeronautics reported annual revenue of approximately $217 million and employed roughly 700 staff. The company maintains additional engineering and support facilities in Israel. Adjacent vehicles include partnerships with Rafael, which provides integration with larger defense platforms. In 2023, Aeronautics announced a contract to supply Orbiter 4 UAVs to an unnamed NATO member state (per Jane's Defence Weekly, 2023). Aeronautics' structural differentiator is its integration into Rafael, one of Israel's three state-owned defense conglomerates, after the 2021 acquisition. This provides the firm with stable capital backing and access to larger-scale development programs, while it retains operational independence in product development and international sales.

## Sectors

- Defense & Aerospace
- Unmanned Systems
- Robotics & Automation

## People

- Ron Karidi — Chief Executive Officer
- Eitan Priel — Chief Financial Officer

## Questions

### What are Aeronautics' main products?

The company's primary product line is the Orbiter series of tactical unmanned aerial vehicles (UAVs), including the Orbiter 1, Orbiter 2, Orbiter 3, and Orbiter 4. These are used for surveillance, reconnaissance, and target acquisition by military and security forces (per the firm's official communications).

### Where does Aeronautics sell its products?

Aeronautics sells to defense ministries and security forces in multiple regions, including Europe, Asia, and Africa. Specific customers include NATO member states and other allied nations, though many contracts are not publicly disclosed due to confidentiality agreements.

### What is the relationship between Aeronautics and Rafael?

Rafael Advanced Defense Systems acquired Aeronautics in 2021, folding it into its portfolio of defense subsidiaries. Aeronautics retains operational autonomy in product development and sales but benefits from Rafael's broader supply chain and government relationships.

### How does Aeronautics' revenue compare to its competitors?

In 2022, Aeronautics reported approximately $217 million in revenue, positioning it as a mid-tier player in the global UAV market. Competitors include Elbit Systems (with larger revenue and broader portfolios), IAI, and Turkish firms such as Baykar.

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Last updated: 2026-06-03T20:00:00.000Z

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