Security

Senstar Critical Infrastructure Protection Business & 2022 Financials Examined

In this Research Note, we examine Senstar Technologies perimeter protection business, based on their 2022 20F financial report, earnings release, investor presentations, vertical market focus and strategy. This article updates our previous May 2022 analysis. Senstar Technologies Ltd, a listed company on the US Nasdaq global market, based in Ramat Gan, Israel, was established in 1981 with the objective of bringing security technologies originally targeted for military applications to the commercial market. Formerly known as Magal Security Systems, Senstar positions itself with a broad portfolio of Perimeter Intrusion Detection Systems (PIDS), Video Management Software (VMS) combined with Electronic Access Control (EAC) and Intelligent Video Analytics (IVA). Following the sale of the Integrated Solutions (Projects) division in June 2021, the company continues to operate their Senstar Products division, with over 160 employees and with development and manufacturing facilities located in Canada and sales and support offices in the US, EMEA, China and APAC regions. Senstar Technologies […]

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