THIRDEYE SYSTEMS LTD
TTASE:THES487.00
ILA
-23.60
(-4.62%)
ISIN
IL0003970188
Return %
Stock
S&P 500
1Y
29.45
14.20
3Y
35.28
81.12
5Y
-9.81
68.34
Capital Structure
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in mil. unless spec.Working Capital
ILS
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in mil. unless spec.Growth Rates
ILS
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in mil. unless spec.Semi-annual Revenue
ILS
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in mil. unless spec.Semi-annual Earnings Per Share
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in mil. unless spec.Semi-annual Dividends Per Share
ILS
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in mil. unless spec.Company Description
- CEO
- Lior Segal
- Full Time Employees
- 60
- Sector
- Commercial services
- Industry
- Miscellaneous commercial services
- Address
- Bnei Gaon 12 Netanya TA Israel 4250801
- IPO Date
- Feb 3, 1993
- Website
- thirdeye-systems.com
- Similar Companies
- Business
- Thirdeye Systems Ltd. is an Israeli technology company specializing in the development and production of advanced electro-optical and thermal object recognition systems. Founded in 1979 and headquartered in Netanya, Israel, the company offers a comprehensive portfolio of products including Chimera, a day-and-night system integrating an uncooled LWIR thermal imager and HD Day EO camera; Meduza, an electro-optical scanning system for drone recognition; Meduza-S, an optical radar enhancing anti-drone system accuracy; and Tesseract, an advanced drone detection payload enabling detection, recognition, and tracking of drones. Additional products include GoIR, a flexible thermal imaging solution for extreme outdoor conditions; aEYE C2, featuring a state-of-the-art detection and classification AI algorithm; and aEYE, an autonomous drone patrol system with cloud-based AI for human detection and precise navigation. These products serve defense, border control, critical asset protection, counter-terrorism, autonomous vehicles, maritime security, search and rescue, and airport security industries globally. In the last two years, Thirdeye Systems has undergone significant strategic developments, notably the acquisition of a 30% stake by UAE-based EDGE Group in early 2025 for $10 million. This partnership includes the establishment of a joint venture with an additional $12 million investment to develop and market cutting-edge electro-optical object recognition technologies. Thirdeye has also secured major NATO contracts for drone detection systems, reinforcing its expanding global defense footprint. The company transitioned from its former name, New Horizon Group Ltd., to Thirdeye Systems Ltd. in May 2021, reflecting a sharpened focus on advanced electro-optical solutions. Thirdeye's operations encompass research and development of AI-driven thermal spectrum object recognition algorithms, integrating electro-optical engineering and deep neural networks. Its offerings enhance situational awareness and surveillance capabilities for military, homeland security, and critical infrastructure sectors, catering to customers primarily in Israel and internationally. Thirdeye continues to leverage its expertise in both defense and civilian applications, maintaining its position as a leading innovator in autonomous and AI-based electro-optical systems. This company remains influential in technological advancement for drone detection, surveillance, and reconnaissance, with products designed to operate reliably in diverse environments and high-stakes missions, underpinned by ongoing innovation and strategic international partnerships. Its highly specialized solutions address evolving threats and security demands across multiple sectors worldwide.