What is American Precision Electronics?
Based in Carol Stream, Illinois, American Precision Electronics operates as a specialized contract manufacturer with a core focus on high-precision PCB assembly and comprehensive electronic manufacturing services. By maintaining rigorous industry standards, including AS9100D and ISO 9001:2015 certifications, the company provides critical infrastructure for businesses requiring high-reliability electronic components. Their service suite encompasses manufacturability analysis, fulfillment, and stringent quality control, positioning them as a vital link in the domestic supply chain for advanced technological hardware.
How much funding has American Precision Electronics raised?
American Precision Electronics has raised a total of $864K across 2 funding rounds:
Debt
$350K
Debt
$514K
Debt (2020): $350K with participation from PPP
Debt (2021): $514K led by PPP
Key Investors in American Precision Electronics
PPP
Public-Private Partnership
What's next for American Precision Electronics?
With the recent infusion of capital, American Precision Electronics is well-positioned to accelerate its operational footprint and enhance its technological capabilities. The company is expected to leverage this financing to optimize its state-of-the-art facility, potentially expanding its throughput for complex assembly projects. As the demand for domestic, high-quality electronic manufacturing continues to rise, the firm's focus on precision and quality control will likely serve as a primary driver for sustained growth and market share expansion in the coming fiscal periods.
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