Security

Senstar Technologies Business and 2021 Financials Examined

In this Research Note, we examine Senstar Technologies perimeter protection business, based on their 2021 20F financial report, earnings call, investor presentations, acquisitions and divestments, vertical market focus and our analysis of their market positioning.  Senstar Technologies Ltd, a listed company on the US Nasdaq global market, based in Ramat Gan, Israel, is a provider of physical security hardware and software products. Senstar 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 until July 2021, Senstar positions itself as a brand leader in perimeter intrusion detection systems (PIDS) with intelligent security management (SMS) featuring advanced video analytics and access control integrated into one solution for security and operational intelligence. The company has over 160 employees worldwide, with development and manufacturing facilities located in Canada and sales and support offices in the US, EMEA, China and APAC regions. Source: Senstar Technologies Ltd. Investor Presentation, Winter 2022The company’s position […]

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