What is Able Electronics?
Able Electronics Inc. operates as a global logistics and supply chain company, with a specialized focus on serving the Aerospace and Defense industry. The firm provides critical procurement solutions and asset recovery consignment services tailored for military and commercial manufacturers. By addressing challenges such as inventory shortages and excess stock, Able Electronics leverages over two decades of experience to act as a dependable supplier for various branches of the U.S. military, including the Army, Navy, and Air Force. As a certified Women-Owned Small Business, the company is dedicated to upholding high standards of service and quality control in its operations.
How much funding has Able Electronics raised?
Able Electronics has raised a total of $123K across 1 funding round:
Debt
$123K
Debt (2021): $123K with participation from PPP
What's next for Able Electronics?
The substantial backing indicated by the $123K suggests Able Electronics is in a mature growth phase, likely utilizing this capital for further scaling of operations, expanding its service offerings within the defense sector, or enhancing its technological capabilities. The recent strategic investment of $123K points towards a focused effort to strengthen its market position and potentially pursue new contractual opportunities. Future developments may involve deeper integration with key aerospace and defense partners, or strategic acquisitions to broaden its supply chain footprint.
See full Able Electronics company page
