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Coolisys Technologies, through its subsidiary Enertec Systems 2001, received a $2.9 million contract from a leading defense and aerospace OEM to develop and manufacture a satellite testing system for its space division.
Coolisys Technologies completed its acquisition of Enertec Systems 2001 Ltd. for approximately $4.7 million in cash plus assumed debt of $4.3 million, expanding its aerospace and defense capabilities.
Enertec Systems 2001 Ltd., a subsidiary of Micronet Enertec Technologies, received a $650,000 purchase order from a Fortune 50 medical device company to develop and produce automated testing systems for medical calibration devices treating heart rhythm disorders.