
Pearls of Wisdom Advanced Technologies
closedManufactures micro sensors for intelligence gathering.
Date | Investors | Amount | Round |
---|---|---|---|
$18.0m | Early VC | ||
Total Funding | 000k |
Founded in the wake of the 2006 Second Lebanon War, Pearls of Wisdom Advanced Technologies operates within the defense and security market, specializing in the manufacture of micro-sensors for intelligence gathering. The company's inception was inspired by a realization from former Israeli president Shimon Peres and his son Hemi Peres, who saw the need to replace soldiers on the ground with sensors in the field to save lives. This vision led to the establishment of the company, which was officially registered on October 14, 2010.
Pearls of Wisdom functions as a subsidiary and the Center of Excellence for technology miniaturization and low energy consumption for Elbit Systems, a major international defense electronics contractor. The acquisition by Elbit Systems began in January 2011 with an initial investment agreement of up to $18 million, allowing Elbit to gradually increase its holdings. This relationship provides significant strategic backing while the company maintains its operational focus with a dedicated team of 35 engineers and physicists at its headquarters in central Israel.
The core of the company's offering is the "Lonely Rider" family of advanced sensors. This product line consists of a spatially distributed network of miniaturized, wireless nodes that cooperatively monitor physical parameters and environmental conditions. These sensors, which include seismic, magnetic, and optical capabilities, are designed to detect, classify, and track movement in challenging operational environments. The primary benefit is the reduction of risk to human life by enabling remote monitoring of high-risk zones, thereby providing military forces with critical terrain dominance. The business model centers on supplying these sophisticated sensor networks to clients in the defense and homeland security sectors.
Keywords: micro-sensors, intelligence gathering, defense electronics, security technology, terrain dominance, wireless sensor networks, remote monitoring, technology miniaturization, seismic sensors, magnetic sensors, optical sensors, battlefield awareness, soldier safety, Elbit Systems, homeland security, military technology, low energy consumption, persistent surveillance, sensor fusion, advanced defense technologies