Magna BSP Ltd.

www.magnabsp.com

High-Tech Company

Graduated from: Rotem Ventures

TECH VERTICALS

Anti-Drone, Automation, Defense Tech, Detection, Drones, Homeland Security, Industrial Technologies, Surveillance, UAV

General Data

Sector	Hardware & Industrial
Company Stage:	Revenue Growth
Established	2001
Number of Employees	15
Reg. Number:	abCDe

DESCRIPTION

Magna specializes on the field of intruder detection systems. Magna system covers up to 1 KM with 100% detection rate and 1 false alarm (positive and negative) to 24 hours. Magna protects all of the Israeli borders and got an official approval from the IDF for video analytics in borders. Recently, it has created a civilian product for energy plants, critical infrastructure, airports, etc. with similar performance and lower costs.

TECHNOLOGY

Homeland Security, Infra-Red (IR) and Forward Looking Infra-Red (FLIR), Radar technology.

Magna develops the next generation of perimeter intrusion detection systems. Magna systems incorporate unique patented technologies, the BiScopic Protection (BSP) concept and Three Dimension Motion Detection (TDMD).

BiScopic Protection (BSP)
Three Dimension Motion Detection (TDMD), BiScopic Protection is comprised of two vertically-aligned IR micro bolometer cameras linked by a unique software system. It provides accurate and reliable detection of targets with the ability to estimate their size and location (azimuth, distance and height above ground) in a passive manner. Three-dimensional representation of the scenery provides accurate and reliable detection with a high Pd, while maintaining a low false alarm rate (FAR). Magna’s patented algorithm, NFAR (Negligible False Alarm Rate), makes an accurate estimation even when targets are as small and far away as to fill a single pixel on the camera.

NFAR – Negligible False Alarm Rate, Magna’s patented algorithm
· System alerts issued only upon detection by both sensors
· Alerts from new static objects
· Learning and filtering automatic monotonic movements
· Predefining the area of interest for specific targets
· Filtering targets according to their movement parameters in the area of interest

	TARGET MARKETS
	Airports, Homeland Security Agencies, Armies, Protecting facilities, Border security forces, Coastal defense forces, Sensitive sites protection and defense

	BUSINESS MODEL
	B2B

AFFILIATION

Account ID	Affiliation Type	Name	Parent Name	Status
		RAFAEL Advanced Defense Systems Ltd.
9F7DE34A-207A-E111-AC59-00155D32A403	Investment Arm	RDC - Rafael Development Corporation Ltd. (with Elron)	RAFAEL Advanced Defense Systems Ltd.
	Subsidiary	Galram Technology Industries Ltd.	RAFAEL Advanced Defense Systems Ltd.	Acquired/Merged
	Subsidiary	Presight.AI	RAFAEL Advanced Defense Systems Ltd.
30C86FE4-1F7A-E111-AC59-00155D32A403	Subsidiary	Aeronautics Ltd.	RAFAEL Advanced Defense Systems Ltd.
35969DC0-1F7A-E111-AC59-00155D32A403	Subsidiary	DSIT Solutions Ltd.	RAFAEL Advanced Defense Systems Ltd.
96C96FE4-1F7A-E111-AC59-00155D32A403	Subsidiary	Kinor Technologies Inc.	RAFAEL Advanced Defense Systems Ltd.
B3B64C02-207A-E111-AC59-00155D32A403	Subsidiary	AccuBeat Ltd.	RAFAEL Advanced Defense Systems Ltd.
EEA5BBDA-433F-E511-BD22-80C16E7D3630	Subsidiary	Cielo Inertial Solutions Ltd.	RAFAEL Advanced Defense Systems Ltd.
	Subsidiary	Zanzottera Engines	Aeronautics Ltd.	Acquired/Merged
0EC967EA-1F7A-E111-AC59-00155D32A403	Subsidiary	Magna BSP Ltd.	Aeronautics Ltd.
24A118BB-9D3F-E711-80D5-00155D0B8329	Subsidiary	PoziDrone Ltd.	Aeronautics Ltd.	Acquired/Merged
78959DC0-1F7A-E111-AC59-00155D32A403	Subsidiary	Commtact Ltd.	Aeronautics Ltd.
B89B410E-207A-E111-AC59-00155D32A403	Subsidiary	IR Solutions Ltd.	Aeronautics Ltd.	Ceased
BFD857F6-1F7A-E111-AC59-00155D32A403	Subsidiary	Controp Precision Technologies Ltd.	Aeronautics Ltd.
A7F20859-3EFF-E211-B3BE-00237DE91982	Division	DSIT Sonar & Acoustics Ltd.	DSIT Solutions Ltd.	Ceased
E06E1138-207A-E111-AC59-00155D32A403	Investment Arm	RDSeed Ltd.	RDC - Rafael Development Corporation Ltd. (with Elron)
D4CB77DE-1F7A-E111-AC59-00155D32A403	Subsidiary	ESC BAZ Ltd.	Controp Precision Technologies Ltd.
046C6973-C770-E511-BD22-80C16E7D3630	Subsidiary	Foresight Autonomous Holdings Ltd.	Magna BSP Ltd.
79DD30B1-8C8D-E811-80F7-0050569A1018	Spin-off	Eye-Net Mobile Ltd.	Foresight Autonomous Holdings Ltd.

SERVICE PROVIDERS

Company Name	Type
abC Defghij	Accounting Firm

CONTACT INFO

Expand / Collapse All

Main Address: Dimona, Israel

Address	Rotem Industrial Park, D.N. Arava
City	Dimona
Country	Israel
Zip	8601100

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

	MANAGEMENT

Key Executive

Name	Title
Mr. Haim Siboni	CEO & Co-Founder
Mr. Levy Zruya	CTO & Co-Founder

	BOARD

Board

Member	Title	Affiliation
abC Defghij	Chairman	Partner, JRC Ventures
abC Defghij	Board Member	CEO & Co-Founder, Magna BSP
abC Defghij	Board Member	N\A

	FINANCIAL ROUNDS

Total Capital Raised
abCDe

Financial Rounds

Numbers of Investors

Expand / Collapse All

Round

Date

Stage

Amount

Valuation

Sixth Round

Nov. 01, 2021

Revenue Growth

abCDe

Fifth Round

Jan. 11, 2017

Revenue Growth

abCDe

Fourth Round

Dec. 06, 2007

R&D

abCDe

Third Round - Extended

Feb. 25, 2007

R&D

abCDe

Third Round

Dec. 03, 2006

R&D

abCDe

Second Round

Jun. 01, 2004

R&D

abCDe

First Round

Jun. 01, 2003

R&D

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Investment Company	abCDe
abC Defghij	Private Investor	abCDe
abC Defghij	Private Investor	abCDe

Seed

Oct. 01, 2001

Seed

abCDe

	R&D Grants

Expand / Collapse All

Round

Date

Stage

Amount

Remarks

R&D Grant

Feb. 01, 2025

Revenue Growth

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij*	Government Agency	abCDe

R&D Grant

Nov. 23, 2020

Revenue Growth

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Government Agency	abCDe

R&D Grant

Jul. 08, 2010

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Government Agency	abCDe	R&D grant ($0.77m)

R&D Grant

Mar. 19, 2009

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Government Agency	abCDe	R&D grant ($0.7m)

R&D Grant

Mar. 01, 2006

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Government Agency	abCDe

R&D Grant

Oct. 01, 2001

Seed

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Government Agency	abCDe

Last Updated:	abCDe
IVC Number:	abCDe