What is American Precision Electronics?
American Precision Electronics operates as a dedicated contract manufacturer, specializing in comprehensive electronic manufacturing services, with a particular focus on Printed Circuit Board (PCB) assembly. The company provides a full spectrum of services, including manufacturability analysis, end-to-end fulfillment, and rigorous quality control, all executed from its advanced facility in Carol Stream, Illinois. Holding AS9100D / ISO 9001:2015 certifications, American Precision Electronics leverages cutting-edge technologies to ensure superior production quality, positioning itself as a reliable manufacturing partner for businesses requiring high-caliber electronic components and assemblies.
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
PPP
Public-Private Partnership
What's next for American Precision Electronics?
The recent major strategic investment, alongside previous debt financing, suggests American Precision Electronics is in a phase of robust operational scaling and technological advancement. This capital infusion is likely to fuel further expansion of its manufacturing capabilities, adoption of new technologies, and potentially broaden its market reach. The company's focus on high-quality, certified production indicates a strategic direction towards serving industries with stringent requirements, such as aerospace and defense, where reliability and precision are paramount. Future growth will likely involve enhancing its service offerings and solidifying its position as a leading provider of electronic manufacturing services.
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