Shiron Satellite Communications (1996) Ltd.

www.shiron.com

High-Tech Company

Acquired by Elbit Systems

TECH VERTICALS

Broadcasting

General Data

Sector	Network Infrastructure
Company Stage:	Initial Revenues
Established	1996
Number of Employees	60
Reg. Number:	abCDe

DESCRIPTION

Shiron Satellite Communications develops and deploys innovative two-way, broadband, IP over satellite solutions. Since its inception, Shiron has been in the forefront of versatile systems for Internet and Access Service Providers, corporations, and satellite operators. Since the first installation in 1999, our customers deployed InterSKY™ systems for global coverage. Based on the DVB (Digital Video Broadcasting) open standard, Shiron specializes in unique approaches to drastically reduce satellite resources compared to other technologies.

	TARGET MARKETS
	Satellite operators, Internet service providers, access providers, private companies, and governments.

	BUSINESS MODEL
	B2B

CONTACT INFO

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Main Address: Rosh Haayin, Israel

Address	14 Hamelacha St., Afek Industrial Park
City	Rosh Haayin
Country	Israel
Zip	48091

Contact Person	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Weston, United States

Address	2813 Executive Park Dr.
City	Weston
State/Province	FL
Country	United States
Zip	33331

Contact Person	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: South Melbourne, Victoria, Australia

City	South Melbourne, Victoria
Country	Australia
Zip	3205

Contact Person	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

	MANAGEMENT

Key Executive

Name	Title	Previous Position
Mr. Aharon Shech	President & CEO	ECtel (CEO)
Dr. Shaul Laufer	CTO & Co-Founder
Mr. Ofer Wiezer	CFO	Formula Retail Solutions (FRS) (CEO)
Mr. Oscar Glottmann	VP, Sales & Marketing	NovelSAT (Executive Director & CMO)
Mr. Itzik Dvir	COO	ECtel (VP, R&D)
Ms. Merav Carbone	Marcom Manager
Mr. Assaf Cohen	VP, Professional Services	Matrix (Information System Product Manager)
Dr. Arie Reichman (RIP 2024)	Co-Founder	Ayecka (Chief Scientist)

	BOARD

Board

Member	Title	Affiliation
abC Defghij	Chairman	Owner, Peterburg Holdings
abC Defghij	Board Member	President & CEO , Shiron Satellite Communications Ltd.
abC Defghij	Board Member	Founder, Shiron Satellite Communications Ltd.
abC Defghij	Board Member	N\A
abC Defghij	Board Member	CTO & Co-Founder, Shiron Satellite Communications Ltd.
abC Defghij	Board Member	CEO & Founder , BATM Advanced Communications Ltd.

Mergers & Acquisitions

Round

Date

Stage

Amount

Valuation

Acquired

Feb. 24, 2009

abCDe

	FINANCIAL ROUNDS

Total Capital Raised
abCDe

Financial Rounds

Numbers of Investors

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Round

Date

Stage

Amount

Valuation

Other

Oct. 01, 2002

abCDe

Buyout

Nov. 01, 2000

abCDe

Third Round

May. 01, 2000

Initial Revenues

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Holding Company	abCDe
abC Defghij	Investment Company	abCDe
abC Defghij	Private Investor	abCDe
abC Defghij	High-Tech Company	abCDe
abC Defghij	Other	abCDe

Second Round

Mar. 01, 1999

R&D

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Investment Company	abCDe
abC Defghij	Investment Company	abCDe
abC Defghij	Investment Company	abCDe	Holds 15.5% of the company

First Round

Oct. 01, 1997

R&D

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Holding Company	abCDe
abC Defghij	High-Tech Company	abCDe	Sold its 15.8% holdings to 3pen Technologies for $4m

Seed

Oct. 01, 1996

Seed

abCDe

	R&D Grants

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Round

Date

Stage

Amount

Remarks

R&D Grant

Oct. 01, 2005

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Bi-Lateral R&D Program	abCDe	R&D grant
abC Defghij	Bi-Lateral R&D Program	abCDe	Granted by the EU Sixth Framework Program for R&D

R&D Grant

Aug. 13, 2003

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Government Agency	abCDe

R&D Grant

Jul. 24, 1997

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Bi-National Fund	abCDe	R&D grant

Last Updated:	abCDe
IVC Number:	abCDe