Elspec Engineering Ltd. engages in the development, manufacture, and marketing of products to improve the quality of electricity. It operates through the following segments: Activator and Equalizer Power Multiplier System, Network Measurement and Analysis System, and Others. The Activator and Equalizer Power Multiplier System segment includes power multiplier systems that are used to prevent power factor penalties in the electricity bill, reduce power loss in the network (saving electricity costs), and reducing the amount of faults in computing and control equipment, as well as capacitor switching systems to enable the addition of machinery in factories without the need to expand the electricity connection. The Network Measurement and Analysis System segment engages in the development, manufacture, and sale of Elspec G-4000, a network measurement and analysis system. Others segment engages in the manufacture of electronic packaging and the provision of consultation services. The company was founded on May 25, 1988 and is headquartered in Caesarea, Israel.