EXHIBIT 21.1

                              LIST OF SUBSIDIARIES

     We  have  the  following  two  subsidiaries:

     Enertec  Electronics Limited, an Israeli corporation formed on December 31,
1991.  This  subsidiary  is  wholly-owned  by  us.

     Enertec  Systems  2001 LTD, an Israeli corporation registered on August 28,
2001.  This  subsidiary  is  majority-owned  (55%)  by  us.