- CEO
- Yoram Harary
- Full Time Employees
- 140
- Sector
- Producer manufacturing
- Industry
- Electrical products
- Address
- Caesarea Industrial Park Caesarea HA Israel 38900
- IPO Date
- May 13, 2004
- Business
- Elspec Engineering Ltd (ELSPC.TA) develops, manufactures, and markets power quality solutions and services to the industrial, commercial, and utility sectors worldwide; its core offerings include multi-functional digital fault recorders, energy meters, hand-held, portable, and fixed power quality analyzers, phasor measurement units, and PQSCADA Sapphire, an open programmable platform for data exploration, analysis, and visualization; the company also provides real-time power factor correction systems such as the Equalizer series for dynamic compensation at low and medium voltages, PQ-Hybrid Equalizer for harmonic mitigation and VAR compensation, Equalizer Unbalanced for asymmetric loads, Equalizer ST for motor startups, Activar for static VAR compensation, and compact modular versions of these solutions, all featuring thyristor-based zero-crossing switching technology for transient-free operation, harmonic filtering up to the 63rd order, voltage stabilization, flicker reduction, and energy efficiency with losses around 2 percent. Founded in 1988 and headquartered in Caesarea Industrial Park, Israel, Elspec operates globally with approximately 153 employees, serving applications in data centers, hospitals, semiconductors, plastics, metal factories, renewable energy including solar rooftops, welding, water utilities, healthcare, railways, food processing, port cranes, and generators. Recent developments include the scheduling of the Elspec User Group Meeting 2025 in Amsterdam from September 15th to 17th to showcase business intelligence tools for power management, alongside continued innovation in custom power quality solutions tailored for unique requirements such as high temperatures, overcurrent protection, and specific form factors, with integration of patented PQZIP algorithm for continuous waveform recording across more than 5,000 parameters at half-cycle resolution.