What is Appalachian Technology?
Appalachian Technology, based in Asheville, NC, is a specialized electronic and electro-mechanical manufacturing services provider. The company serves a diverse range of sectors, including musical equipment, military systems, and medical equipment. Their product portfolio includes advanced electronic locks and safes utilizing RFID technology, alongside durable mattress encasements. Appalachian Technology also offers comprehensive contract manufacturing, system integration, PCB design, turnkey electronic manufacturing, and electronic repair services, catering to businesses requiring robust manufacturing solutions.
How much funding has Appalachian Technology raised?
Appalachian Technology has raised a total of $75K across 1 funding round:
Debt
$75K
Debt (2021): $75K with participation from PPP
What's next for Appalachian Technology?
With its recent substantial expansion capital, Appalachian Technology is poised for significant growth. The company's strategic positioning within multiple high-demand industries, coupled with its comprehensive service offerings, suggests a focus on scaling operations, enhancing product development, and potentially broadening its market reach. This investment will likely fuel advancements in their electronic lock and safe technologies and expand the capacity for their contract manufacturing services, reinforcing their role as a key player in the electro-mechanical manufacturing landscape.
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